Paragon Technologies' SI Systems Production & Assembly Brand Awarded A $1.1 Million Contract for Several Automated Assembly Conveyor System
EASTON, PA - May 31, 2007 -- 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' Production & Assembly brand secured two orders with a combined value of approximately $1.1 million from a leading manufacturer of commercial vehicles. The contracts call for providing several of SI Systems' proprietary conveyors that will be used in the assembly of the customer's range of vehicles and their major subassembly components. Detailed terms of the contracts were not disclosed. Len Yurkovic, Acting CEO of Paragon Technologies, commented, "The strength of our SI Systems' Production & Assembly brand continues to grow and expand in the transportation equipment industry. Our design engineering expertise in this industry, combined with the proven reliability of our conveyor technology, is being sought after by a wide range of companies that manufacture all types of vehicles and vehicle componentries."
About Paragon Technologies
Paragon Technologies is a leader in integrating material handling systems and creating automated solutions for material flow applications. SI Systems' Production & Assembly and Order Fulfillment 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, CVS Pharmacy, and Maybelline.
