Gerber Scientific Partners with Hub Group, Inc.
To Serve as North American Third-Party
Transportation Solution Provider
SOUTH WINDSOR, CT -- Gerber Scientific, Inc.
(NYSE: GRB)
announced today that it has signed a partnership agreement with Hub Group, Inc.
for them to serve as a third-party transportation solution provider for
"less than truckload" (LTL) and “full
truckload” (FTL) logistics and
freight transportation services to/from Canada, Mexico and the U.S. The
alliance will enable customers to track purchases through the Hub Group website
or via a dedicated call center at 1-866-442-5114. It will also provide seamless door-to-door
transportation of goods and expanded service hours.
“This partnership
reemphasizes Gerber’s commitment to its ‘Customer First’ initiative which
maintains unparalleled customer responsiveness as its core goal,”
explained Bernie Demko, COO of Gerber
Scientific and leader of the team responsible for the implementation of the
corporation’s shared-services initiative. “It
enhances service along the whole supply
chain from suppliers, factories and warehouses to customers, and
completes yet another phase in our strategy to partner with leaders in the field
of transportation and logistics services enabling us to focus more closely on
core competencies.”
About
Gerber Scientific, Inc.
Gerber Scientific (www.gerberscientific.com)
is the world's leading supplier of sophisticated automated manufacturing systems
for sign making and specialty graphics, apparel and flexible goods, and optical
lens processing. Headquartered in South Windsor, Connecticut, the company
operates through four wholly owned subsidiaries: Gerber Scientific Products and
Spandex PLC, Gerber Technology, and Gerber Coburn.
About
Hub Group, Inc.
Hub Group, Inc. (HUBG:nasdaq) is a leading non-asset based freight
transportation management company providing comprehensive supply chain solutions
including intermodal, truckload, LTL, railcar, air freight, international and
related logistics and distribution services. The Company was founded in 1971 and
operates through a network of over 30 offices throughout the United States,
Canada and Mexico and had 2001 sales of approximately $1.3 billion.
Safe Harbor Statement:
In addition to the historical information contained herein, there are matters
discussed that are considered to be "forward-looking statements." The Private
Securities Litigation Reform Act of 1995 provides a "safe harbor" for
forward-looking statements. These forward-looking statements involve risks and
uncertainties, including, but not limited to, economic, competitive,
governmental, and technological factors affecting the company’s operations,
markets, products, and services, that could significantly affect results in the
future. For a discussion of other risk factors relating to the company’s
business, see the company’s Quarterly Reports on Form 10-Q for the quarters
ended July 31, 2002 and October 31, 2002 and its Annual Report on Form 10-K for
the year ended April 30, 2002, as filed with the Securities and Exchange
Commission. The forward-looking statements contained in this release are made as
of the date of this release, and the company assumes no obligation to update or
revise any forward-looking statements contained in this release.