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Danzas North America Changes Headquarters to Newark, New Jersey

Darien, CT (June 27, 2002) -- Danzas North America announced today that, effective July 1, it will relocate its corporate headquarters to Newark, N.J. from Darien, CT.

The new quarters, located at 33 Washington Street, 14th Floor, will house Executive Management, Legal, Finance, Sales and Marketing, Purchasing, Domestic and Ocean Freight product management. The administrative facilities in Darien, CT. will remain open and be staffed by Human Resource, Corporate Communications and additional financial personnel. The North American Information Technology group will stay in Renton, Washington.

"The shift to Newark positions us at the epicenter of U.S. and global commerce," said Hans Toggweiler, CEO and President, Danzas AEI Intercontinental North America. "Our offices are in close proximity to the three primary New York area airports, the Port Authority of New York and New Jersey, as well as the large network of warehouses, import brokerage facilities and transshipment centers. The New York-Newark area is, in many ways, the heart of world trade. As one of the leading facilitators in global trade, it is very important to have a significant presence there."

Logistics. Worldwide. With a strong presence on every continent, the Danzas Group is the world's leading provider of IT-supported logistics solutions. Outstanding strengths in innovative customized solutions, worldwide air and ocean freight, global project forwarding, European overland transport, e-business and 4th party logistics enable Danzas to offer real one-stop shopping. Based in Basel, Switzerland, Danzas belongs to Deutsche Post World Net.

For further information please contact:
Candace Bouchard
Manager of Corporate Communications, North America
Tel: +1 203 655 5792
Fax: +1 203 655 5895
Candace.Bouchard@dhl.com