Excel Awarded New Logistics Contract by Sears Logistics Services

DALLAS, - Exel, a global leader in supply chain management, announced that it was awarded a three-year US$4 million logistics contract with Sears Logistics Services, Inc., (SLS) a wholly owned subsidiary of Sears, Roebuck and Co. (Sears).

The contract calls for Exel to provide on-time distribution of repair items to a network of nine Sears locations across the country. Exel will pick up repairable items from product service, retail, dealer and hardware stores and deliver them to central repair centers and return the repaired products to their original stores.

Exel provides improved operating efficiencies, reduced costs, reliable equipment and expert data management. The distribution capabilities and a comprehensive network preserves Exel in a leading role for developing innovative solutions for customers in the retail sector.

"Our ability to provide our customers with a wide breadth of advanced solutions is critical to our strategy of growing our retail business," said John Sikorski, Exel's director of strategic business development - Americas. "This working relationship will benefit both companies and we are fortunate to bolster our Retail sector with a partnership with Sears."

Exel is a global leader in supply chain management, providing customer-focused solutions to a wide range of manufacturing and retail industries. More information is available at www.exel.com.

Sears, Roebuck and Co. is a broadline retailer with significant service and credit businesses. Sears also offers a variety of merchandise and services through its Web sites, sears.com and landsend.com.

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