Boston, MA
October 25, 2007
ONEPAK, Inc. (CNQ: ONPK) announced today that Baltimore-based PA & Associates, a logistics consulting firm, has been engaged by the company to help reduce its shipping costs.
Costs for common carriers to deliver ONEPAK's shipping kits constitute a significant expense, and every percentage point in savings goes straight to the bottom line.
PA & Associates, recently named among Baltimore's Top 50 Fastest Growing Private Companies (#8) by the Baltimore Business Journal, specializes in creating managed solutions for streamlining parcel shipping and logistics for their clients.
“ONEPAK has seen an immediate positive impact on our bottom line,” said Shawn Stockman, who is responsible for business development at the company. “Not only has PA & Associates saved us money, but the results of their efforts have enabled us to pass along some of that savings to our clients, which gives us another competitive edge.”
ONEPAK has integrated their information systems with most major common carriers to enable clients to login to view real-time data on the status of their shipments. With better pricing from carriers due to PA & Associates, there will be even more good news to share.
About ONEPAK
ONEPAK, Inc. is a cleantech shipping and logistics company, uniquely specializing in the new regulatory-driven niche of “e-waste” collection. The Company provides packaging and transportation of used computers, TVs, cell phones, and other hazardous electronic waste for reuse and recycling. The Company’s REPACK & RESHIP SOLUTIONSTM include custom shipping supplies, onsite packing services, freight transport, and secure lockbox transfer of hard drives containing sensitive data.
ONEPAK’s primary clients are computer and electronics manufacturers, remarketers, and recyclers. The Company helps businesses and consumers comply with new “green” regulatory mandates affecting the safe handling and ecological disposal of obsolete electronics.
ONEPAK is “doing well by doing good”, as the Company’s core business of e-waste repacking and reshipping is also environmentally and socially responsible. The Company was incorporated in 2005 and services the entire United States and most major cities in Canada.
CAUTIONARY STATEMENT
This release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results may differ materially from ONEPAK's plans and expectations as detailed herein and from time to time in the filings made by ONEPAK with the CNQ and securities regulators. ONEPAK does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. The CNQ does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
