COLUMBIA, MD (April 15, 2010) - PEAK Technologies, a Platinum Equity Company, today announced a new strategic partnership with AirVersent, a global leader in mobile Supply Chain Management.  Under the terms of the agreement, PEAK will provide customers with mobile device consulting, selection and provisioning, WWAN carrier activation services, software loading and configuration, functionality testing, mobile device and printer kitting, custom reporting, project management and life-cycle service and support.  AirVersent will provide its 20/20 Delivery software product which receives order information from back-office systems, makes the data available to drivers on mobile handheld devices, and then relays order status changes back to the central systems in real-time all as drivers execute their route assignments. 

"PEAK's partnership with AirVersent allows us to enhance and expand our current warehouse and supply chain automation solutions with a mobile supply chain offering tailored to wholesale and food distribution, 3^rd Party Logistics and other delivery intensive markets that are a direct overlay with our existing customer base," said Tim Wills, vice president of marketing, PEAK Technologies.  "We believe our customers will see tremendous value in PEAK as a single-source strategic partner for eliminating paperwork, reducing costs, improving operational efficiencies, and enabling real-time data processing for applications both within, and beyond, the four walls of their supply chain operations," added Wills.

AirVersent's product is ideal for the sophisticated requirements of wholesale distribution and other logistics markets.  The product expertly manages aspects such as multi-item stops, exception handling & reporting (Over, Short & Damaged items), clean invoicing, printed receipts, payment processing, pallet pick and breakdown deliveries, unscheduled collections, and much more.  

"AirVersent is committed to working with PEAK and helping transform their customers' costly, error-prone, paper-based mobile supply chain business processes into a highly efficient automated workflow that improves cash flow, prevents loss of revenue and ensures compliance," said Chuck Nylander, vice president of channels, AirVersent.    

About PEAK Technologies
PEAK Technologies, a Platinum Equity Company, is a systems integrator of supply chain automation and inventory management solutions delivering tangible return on investment to some of the world's largest corporations. PEAK's primary applications include solutions for warehousing, manufacturing, and distribution operations. PEAK's portfolio of solutions and services include business process consulting, enterprise resource planning (ERP) systems integration, wireless professional services, project management, printing/media solutions, and life-cycle support services.  PEAK Technologies has locations throughout North America providing a comprehensive "foot print" for national, multi-site life cycle service and support.

About Platinum Equity
Platinum Equity is a global M&A&O^® firm specializing in the merger, acquisition and operation of companies that provide services and solutions to customers in a broad range of business markets, including information technology, telecommunications, industrials, logistics, manufacturing, and entertainment distribution. Since its founding in 1995 by Tom Gores, Platinum Equity has completed more than 70 acquisitions with more than $17 billion in aggregate annual revenue. (http://www.platinumequity.com/)

About AirVersent
AirVersent is a global leader in mobile Supply Chain Management. Specifically designed to extend visibility and control ‘outside the four walls' of a company's operations, AirVersent's software products transform costly, error-prone, paper-based processes into a highly efficient automated workflow that improves cash flow, prevents loss of revenue and ensures compliance.

Reliably connecting mobile workers in the field via mobile handheld devices with back-office systems such as order entry, warehouse management, route optimization and customer service, AirVersent enables companies of all sizes to manage their mobile operations electronically by providing comprehensive real-time management of, and seamless data exchange to and from, a mobile worker's handset device.

AirVersent has a proven track record of success around the world, with over 10 years experience in providing companies with flexible, feature-rich software products. Currently deployed in 20 countries and 15 languages, AirVersent's products deliver a rapid, low risk return on investment, helping organizations to improve customer service and create an outstanding quality of customer experience every time.

All products or company names listed are Registered Trademarks and Trademarks of their respective holders.

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