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SI Systems Release date: November 25, 2008
EASTON, PA - November 25, 2008-- Paragon Technologies, Inc. (AMEX:PTG), a leading supplier of "smart" material handling systems and "software-driven" warehouse and distribution center solutions, announced today that its SI Systems brand received an order totaling approximately $3.4 million from an internationally recognized hospital. Terms of the contract were not disclosed.
SI Systems will provide and install its proprietary LO-TOW® transportation conveyor system as part of an expansion to the conveyor system originally installed by the Company in 2006. This project is part of the hospital's building expansion, and the system will be used to transport a varied fleet of carts carrying clean linens and supplies between the existing hospital building, and two new hospital towers. One of the towers will be for a new children's hospital wing, and the other tower will be dedicated to adult cardiovascular and critical care. The campus redevelopment program will encompass nearly 1.5 million square feet of new facility. The hospital is internationally recognized for its outstanding patient care, medical research, and teaching.
Len Yurkovic, President and CEO of Paragon Technologies, states, "We are delighted that a prominent healthcare organization again chose our SI LO-TOW® technology for their hospital expansion. This proven technology has been used in a similar fashion, connecting separate, adjoining buildings in warehousing or manufacturing applications, and we are excited about applying this technology to address the expanding needs of a well-known hospital."
SI Systems has installed similar towline-based system solutions in hundreds of locations worldwide, including assembly plants, distribution centers, military facilities, and bulk mail processing centers.
About Paragon Technologies
Paragon Technologies is a leader in integrating material handling systems and creating automated solutions for material flow applications. SI Systems' branded technologies and material handling solutions address unit assembly in manufacturing operations and order fulfillment applications. One of the top material handling systems suppliers worldwide, SI Systems leading clients have included the United States Postal Service, BMG, Peterbilt, Honda, and Maybelline.
Company Information:
Name: SI Systems
Address: 600 Kuebler Rd.
City: Easton
State: PA
ZIP: 18040
Country: USA
Phone: 610-252-7321
FAX: 610-252-3102
http://www.sipasystems.com
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