New Breed Logistics CEO Louis DeJoy named Business Leader of the Year

GREENSBORO, NC — February 27, 2009 – Louis DeJoy, Chairman & Chief Executive Officer of New Breed Logistics, headquartered in High Point, NC, has been named a 2008/2009 Business Leader of the Year in the Technology and IT category by Triad Business Leader magazine. The nominees and winners were honored at a dinner held at the Airport Marriott Greensboro and were featured in the February 2009 issue of Business Leader magazine.

The Business Leader of the Year award honors the top business leaders and entrepreneurs in the region. The criteria for winning the award are based on the nominee’s business and personal accomplishments, community service, demonstrated leadership and mentoring, and being held in high regard by peers.

In conjunction with the award, Triad Business Leader magazine’s feature of Mr. DeJoy described his achievements and the success of his company:

Louis DeJoy joined New Breed Logistics in 1983 as chief executive officer. He has since led many significant undertakings that helped transform the then faltering company from a regional business with 20 employees and revenues of $1 million to an industry-leading national organization. Today, New Breed has more than 6,000 employees, revenues approaching $500 million, and operations in every major market across the country. Through his development and hands-on guidance of executives and long-term employees, Mr. DeJoy has consistently achieved year-over-year double-digit growth, and has transitioned the company from a traditional trucking company to an industry leader in providing clients with world-class supply chain solutions. New Breed has consistently been named among the top-performing, privately-held companies in North Carolina and in the Triad region. In 2008, New Breed grew by more than 25 percent in all leading indicators.

Mr. DeJoy is honored to be presented with this prestigious award and embraces his leadership role in the Triad community with his support of local charitable and civic organizations. Mr. DeJoy, his family, and his company are major contributors to organizations such as United Way of Greater Greensboro, United Way of High Point, North Carolina Shakespeare Festival, Juvenile Diabetes Research Foundation, Hospice and Palliative Care of Greensboro, Multiple Sclerosis, Triad Stage, and the Greensboro Ballet.

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About Louis DeJoy:
Mr. DeJoy is Chairman & Chief Executive Officer of New Breed Logistics, a privately held company founded in 1968. He received his Bachelor of Business Administration, with a major in accounting, from Stetson University. He is a member of the Board of Trustees for Moses Cone Health System, also serving on the Investment Committee & Finance Committee; a member of the Board of Trustees for Elon University; and serves as the Chairman of the Greensboro College Investment Committee.

Mr. DeJoy's wife, Aldona Wos, M.D., recently served as the United States Ambassador to the Republic of Estonia.

About New Breed Logistics:
New Breed Logistics is a supply-chain and distribution center operations company, featuring world-class capabilities in warehousing & distribution, manufacturing support, service parts logistics, reverse logistics, refurbishment and repair, transportation management and supply chain consulting. Clients include Avaya, Boeing, Hallmark, Hamilton-Sundstrand, Motorola, Pratt & Whitney, Samsung, Siemens Medical Solutions, Sikorsky Aircraft, Sony Electronics, the U.S. Marine Corps, the U.S. Postal Service, and Verizon Wireless. Nationally recognized for its superior services, New Breed is consistently named among the leading Third Party Logistics Providers, and one of the top “North Carolina 100” privately held companies by Grant Thornton. New Breed employs more than 6,000 people and operates more than 50 distribution centers.