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>> TBN Logistics Group, one of the fastest growing logistics & transportation services providers in Russia, goes with Mantis & Ant

Athens and Moscow - August 8, 2008

Mantis, a leading supplier of extended Supply Chain Execution (SCE) software and solutions in Central Eastern Europe and Russia/CIS, and its partner ANT Technologies, a leading supplier of logistics and auto-id solutions in Russia/CIS, announced today that, TBN Logistics Group, after a detailed market search has selected Mantis’ Logistics Vision (LV) to automate the operations of its warehouse complex in Lyubertsy, Moscow.

TBN Logistic Group consists of five companies with offices in Moscow (Russia), Hamburg (Germany), Lahti (Finland) and Riga (Latvia). The group offers the whole range of transportation, forwarding and logistics services with focus on Russia and East Europe. The Company W2U (Warehouse To You) is a subsidiary of the group offering advanced logistics services to its clients through state-of-the-art distribution centers.

LV will first cover the needs of the W2U’s new Class A warehouse complex located in the Lyubertsy District, Moscow Region (12 kilometers from the Moscow Ring Road). The brand new DC is designed to offer high level of logistics services and is equipped with modern loading machines and rack equipment. The selection of LV was made by the management of TBN after comprehensive market research.

"TBN is a modern group of companies that is rapidly expanding its business in Russia and Eastern Europe. The project at Lyubertsy is the first step of our co-operation and we will do our best to provide a successful solution and to prove once more that Ant & Mantis are not by chance the leaders in logistics software and solutions in Russia." stated Alexander Usov, CEO of ant Technologies and Nikos Iosif, Mantis’ International Business Development Manager.






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