Pegasus Logistics Group announces Hi-Tech Business Unit

Dallas, TX, June 10, 2003 – Pegasus Logistics Group, a global logistics solutions provider, has announced the creation of its first industry-focused Business Unit, based at the company's new sales office in Atlanta, GA. Barry Stephens, a 20-year veteran of the Hi-Tech industry, will lead the new Business Unit.

Barry’s primary focus will be in the Hi-Tech industry, providing services and solutions to companies with very specialized transportation needs. These clients will benefit from the combination of Pegasus' working knowledge in their industry and their own expertise in solving the unique logistical challenges they face.

Ken Beam, President and CEO of Pegasus Logistics Group states, "While this is not a new market segment for Pegasus, this Business Unit will focus additional energy and specialization to Hi-Tech clients giving them options that they may not currently have."

About Pegasus Logistics Group
Pegasus Logistics Group is a global logistics solutions provider specializing in transportation, supply chain management and 3PL services. Recent sales office additions include Atlanta, Los Angeles and Houston.

Contact: Candice Gouge, Pegasus 800-997-7226