Paragon Technologies' SI Systems Brand Awarded a $625,000 Contract for an Automated Assembly Conveyor System
EASTON, PA - October 14, 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 $625,000 to
design, build, and install an automated conveyor system. This order calls for two separate conveyor
systems, which together will be used to assemble a variety of fuel-efficient gasoline engines for the
Asian market. The conveyor systems are part of a global automobile manufacturer's major
automation project at a facility located in Korea. This order is with a large Korean-based systems
integrator company who is designing and supplying production lines and process equipment for the
automobile manufacturer. On this project, SI Systems will be a major subcontractor to the
integrator firm that is designing and installing a multi-million dollar, large-scale manufacturing
automation project.
Len Yurkovic, Acting CEO of Paragon Technologies, said, "We are delighted at being selected by
this Korean-based integrator company who has recognized SI Systems as a leading supplier of
assembly conveyor technologies, particularly in engine assembly applications. As the automotive
industry at large continues to develop new fuel-efficient engine technologies, we have been very
successful in working with manufacturers of all types of vehicles and vehicle subassemblies to
utilize our ergonomically-designed towline conveyor in their assembly process."
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.
