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Velocity Systems Adds St. Louis & Kansas City MO as Franchise Markets



© Business Wire 2005
01.10.2007 13:21:25

(live-PR.com) - - Velocity Express Corporation Edward W. (Ted) Stone, 203-349-4199 tstone@velocityexp.com Velocity Express Corporation (NASDAQ:VEXP), the nation's largest provider of time definite regional delivery solutions, announced today that its subsidiary, Velocity Systems Franchising Corporation (VSFC), has signed an agreement with Delivery Logistics Inc. to become a Velocity Express franchisee in St. Louis and Kansas City, MO.

"By partnering with Jim

 

Pepper and his company Delivery Logistics Inc, we can now provide branded Velocity Express services in St. Louis and Kansas City, thus creating a significant competitive advantage for our Company and providing our customers with new alternatives in two key Midwest markets. We are pleased to have Jim and his team at Delivery Logistics as a Velocity licensee," stated Stuart Hyden, Senior Vice President of Franchising Operations.

Delivery Logistics President & CEO Jim Pepper commented: "The Velocity vision is clearly cutting edge and forward thinking with the engineering and introduction of franchise partnerships to time sensitive parcel and courier logistics. In my 25 years experience in the industry I have never been as excited to build a relationship as I am today with Velocity. When it comes to technology, efficiency, service and rate containment, it would certainly appear that Velocity has the market cornered."

About Velocity Express

Velocity Express has one of the largest time definite nationwide delivery networks, providing a national footprint for customers desiring same day service throughout the United States. The Company's services are supported by a customer-focused technology infrastructure, providing customers with the reliability and information they need to manage their transportation and logistics systems, including a proprietary package tracking system that enables customers to view the status of any package via a flexible web reporting system.

Certain statements in this release may be "forward-looking statements" within the meaning of Section 27A of the Securities and Exchange Act of 1933, such as the ability of the Company to provide outstanding service to its customers in the Ohio market. Statements regarding future developments are based on current expectations and involve certain risks and uncertainties that could cause actual results and developments to differ materially from the forward-looking statements. Such risks include the risks that the Company will be unable to provide its customers outstanding service through its new franchisees and other risks and uncertainties which are more fully described in the company's Uniform Franchise Offering Circular and the Company's filings with the SEC.

Delivery Logistics, Inc. Joins Franchise Program



 

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