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>> Eurosib, one of the leading logistics & transportation businesses in Russia, decided to invest in Mantis’ warehouse, transportation and container management solutions and know-how as well as in ANT’s experience and high quality of logistics systems implementation

Athens and Moscow - July 5, 2007

Mantis, a leading supplier of extended Supply Chain Execution (SCE) software and solutions in Eastern Europe, and its partner ANT Technologies, the leading supplier of logistics and auto-id solutions in Russia, announced today that Eurosib, after a detailed market search has selected Mantis’ Logistics Vision Suite to automate and optimize its operations.

Eurosib Group, one of the leading logistics & transportation businesses in Russia, has been operating in the international transport & logistics market since 1992. The company has set up a network of representative offices throughout Russia and abroad (Ukraine, Belarus, Estonia, Hungary, Kazakhstan, Uzbekistan, Finland, Germany and China) and provides third-party logistics (3PL) services to its clients in Russia, the countries of the CIS and Eastern Europe. The Group is headquartered in St. Petersburg, Russia and consists of three companies, which closely cooperate with each other: Eurosib-Logistics (Freight Forwarding Services), Eurosib SPb-Transportation Systems (Rail Freight Operator Services) and Eurosib-Terminal (terminal, warehousing services and containerized shipments).

Eurosib is engaged in shipping, handling, warehousing and distribution of general cargo (including oversized and extra-weight loads), bulk cargo (including minerals, chemical products and metal industry products); shipping of car kits and car components, paper and cardboard; containerized cargo. The subsidiaries of the Group play an important role in Russia's economic development, providing transportation and warehousing services and using efficiently their versatile fleet of 10.500 wagons (covered wagons, minerals wagons, open-top wagons, timber flat wagons, rail tankers, woodchip wagons and multi-purpose flat wagons) to solve complex logistical problems for the cargo owners.

"It is a very demanding project for ANT Technologies. Eurosib’s high requirements and demands to manage and optimize standard and specialized 3PL activities like container management are definitely a challenge for us. We have to provide the best of our abilities in order to meet their expectations," Usov Alexander, General Manager of ANT Technologies, points out.

"A leading company like Eurosib trusts us as a partner in Supply Chain management and optimization. We are confident that our know-how and experience will provide a successful solution that meets Eurosib’s demanding requirements. We consider this project as a great challenge for Mantis/ANT Technologies in Russia" states Nikos Iosif, International Business Development Manager of Mantis.

About ANT Technologies

ANT is a leading supplier of logistics and auto-id solutions in Russia and an important player on the IT market in general. The last 3 years is Mantis’ main partner in the area of Russia CIS.






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