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FOR IMMEDIATE RELEASE                                                                         April 15, 2006

MOL Bulk Shipping Contracts Advent for Global Auto System

Murray Hill, NJ - Mitsui O.S.K. Bulk Shipping, a global leader in auto logistics, has contracted Advent to provide a state of the art operating system for their global vehicle transport operations.

The system, built on the backbone of Advent's AutoTrack product, sets the stage for MOL to break away from the competition with this cutting edge technology.  Due to the highly flexible nature of the system, created on a web-based, Microsoft .Net platform, MOL has the ability to position themselves in new markets with speed and minimal additional technology investment. 

In step with the globalization of automobile manufacturing, MOL has developed a worldwide route network, in addition to their Japan-based export operations.  MOL's worldwide network now provides various comprehensive automobile logistics services to ports in more than 100 countries.

MOL operates a large, flexible fleet of pure car and truck carriers (PCTCs) designed to accommodate all types of vehicles, from completed passenger cars to construction machinery.  MOL operates the the world's most extensive fleet of car carriers, more than 60, some of which can hold up to 6,000 vehicles.

Founded in 1995, Advent Inc. is a leader in delivering information technology solutions for the transportation industry. Advent’s vast experience includes the development of global operating systems for multi-national ocean carriers, complete management systems for terminal operators, innovative transportation web sites, and transportation consulting services.

For more information, please contact:

Mike Mayhew

VP Business Development
Tel: 908-795-3223

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