PARAGON TECHNOLOGIES AWARDED A $575,000 CONTRACT FROM THE NATION’S LEADING

DRUG STORE CHAIN

 

 

EASTON, PA — March 7, 2006 -- Paragon Technologies, Inc. (AMEX:PTG), a leading supplier of “smart” material handling systems and “software-driven” warehouse and distribution center solutions, announced today that its SI Systems’ Order Fulfillment brand received an order totaling $575,000 to upgrade and enhance an existing SI Systems’ proprietary DISPEN-SI-MATIC ® Order Fulfillment system to speed delivery and increase order accuracy at three different distribution centers for the nation’s leading drug store chain. Detailed terms of the contract were not disclosed.

 

Joel Hoffner, President and CEO of Paragon Technologies, commented, “We are particularly pleased that prominent corporations with multiple distribution facilities continue to select SI Systems as their business partner for automation. Recognition of our demonstrated capabilities to address material handling requirements with our leading-edge and proprietary technology in high volume environments is growing. The demand for the Company’s proprietary technologies, as evidenced by recent orders, indicates a desire by sophisticated customers for the Company to satisfy their distribution needs. We continue to build on the strength of our customer relationships and are encouraged by the demand for our cadre of products. We look forward to continued success from our SI Systems’ Order Fulfillment brand.”

Paragon’s SI Systems’ Order Fulfillment and Production & Assembly technologies drive productivity at Fortune 1000 companies and the United States Government.

 

About Paragon Technologies

Paragon Technologies is a leader in integrating material handling systems and creating automated solutions for material flow applications. SI Systems’ Production & Assembly and Order Fulfillment branded technologies and material handling solutions address unit assembly handling and order fulfillment applications. One of the top material handling systems suppliers worldwide, SI Systems’ leading clients have included the United States Postal Service, BMG, Peterbilt, Honda, CVS Pharmacy, Maybelline, and Walgreens