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Contact:  Thomas J. Harmon 440.891.1138

April 25, 2003
For Immediate Release

New Ownership sets new standards for Vertical Conveyor Firm
Vertical Systems International, LLC has acquired the assets of Vertical Systems Incorporated and set new operating and service standards.  The company designs and manufactures mechanical, continuous, reciprocating, and indexing vertical lifts., in addition to automatic pallet stacking and dispensing systems.  VSI Products are sold by material handling distributors and material handling systems integrators.   Production facilities and corporate headquarters will remain in Walton, Kentucky. 

Daniel J. Quinn is president of the new company.  Most recently Senior Vice President of HK Systems, Inc, Mr. Quinn has more than two decades experience in material handling.   During his career, he also served as president of other companies in the material handling industry.  He is former Executive Chairman and Director-at-Large of the Material Handling Industry of America, the world's largest material handling trade association. 

"Our new structure will enable us to serve customers better.  Our goal is to provide the best service, support and design assistance available in the industry", stated Quinn.  "To assure that we reach that goal, we have placed people in key positions who have vast experience in the vertical conveyor and pallet handling markets."

Steve Templeton is responsible for managing the distributor support program for VSI.  He has held sales, marketing and management positions in the industry since 1991.  He will ensure that material handling distributor partners get the necessary support and attention they need to meet their customers' vertical handling demands.

Randy Haas assumes responsibility for the OEM support side of the business.  He will work with major material handling systems integrators.  Randy brings extensive operations experience in the vertical conveyor industry to his new role.  He will ensure that VSI vertical conveyors and pallet handling equipment meets the end user's needs effectively and performs efficiently and reliably within the overall requirements of the material handling system.

Vertical Systems International, LLC is headquartered at 12035 Chandler Drive, Walton, KY 41094.

For more information: 

Telephone:  859.485.9650
www.vsilift.com