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QUEENS, NY (July 7, 2005)--Inter-Jet
Systems, Inc., an international air and ocean
freight forwarder, customhouse broker and non-vessel
operating common carrier, announced today it has
officially changed its corporate name to IJS Global Inc.®
To celebrate the transition, IJS
Global has launched a dramatically re-designed
and robust web site, www.ijsglobal.com. Visitors
to the site can use it to manage their shipment
flow and find out more information about IJS Global
and its operations.
John Gallahan, IJS Global’s
president and CEO, said the new name more accurately
reflects IJS Global’s value proposition,
which is to focus on multi-modal transport and
diversified logistics services. It also underscores
the global nature of IJS Global’s operations
and those of its customers, he said.
“Through timely acquisitions
and prudent internal growth, we are broadening
our portfolio to encompass a full suite of logistics
solutions,” said Gallahan. “We believe
our brand, and the corporate name supporting it,
should align directly with our strategy and execution.
At the same time, we thought it important to emphasize
our increasingly global reach, a factor in our
success that will become apparent to the marketplace
in the weeks and months ahead.”
In April, IJS Global announced it
had acquired certain assets of A. Burghart Shipping
Co., Inc., a Springfield, N.J.-based customs broker,
ocean freight forwarder and non vessel operating
common carrier in business since 1956. The transaction
strengthened IJS Global’s prowess in the
ocean freight and customs brokerage segments,
enhancing its one-stop shop value proposition
to U.S.-based importers and exporters.
ABOUT IJS Global Inc.®
Headquartered at New York’s
JFK International Airport, IJS Global.
Inc. is building a global logistics footprint
through a carefully calibrated strategy of internal
growth and timely acquisitions. Today, it has
U.S. offices in New York, Springfield, N.J., Los
Angeles, Atlanta and Miami. It also operates internationally
through a network of agents. IJS Global—then
known as Inter-Jet Systems, Inc.--was acquired
in December 2004 by Brynwood Partners V L.P. Brynwood
Partners is a private equity fund established
in 1984 to invest in small, mid-market businesses
specializing in consumer products, light industrial
manufacturing, specialty retailing and business
services.
IJS Global can be found online
at www.ijsglobal.com.
Brynwood Partners
can be found online at www.brynwoodpartners.com.
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