PARAGON TECHNOLOGIES' SI SYSTEMS ORDER FULFILLMENT
BRAND AWARDED A $600,000 CONTRACT TO EXPAND DISTRIBUTION
OPERATIONS AT EILEEN FISHER, INC.
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EASTON, PA — April 25, 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 EILEEN FISHER, Inc., the Irvington, New York based women's clothing manufacturer and retailer, has selected SI Systems to perform a $600,000 expansion to their Secaucus, New Jersey distribution operation.
EILEEN FISHER, Inc. is a private women's apparel design company with approximately $180 million in sales in 2004 and over 600 employees. They sell their designs in their 32 retail stores, as well as in department and specialty stores across the country.
"This project is the result of a customer partnership that will support the distribution demand of EILEEN FISHER for many years to come," reports Joel Hoffner, President and CEO of Paragon Technologies. "It will provide them with the capacity required to satisfy planned increases in volume. We are pleased to welcome EILEEN FISHER as a new customer.”
Paragon's SI Systems' Order Fulfillment and Production & Assembly technologies improve productivity, efficiency, and operational accuracy at Fortune 1000 companies and United States Government installations.
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.
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Cautionary Statement. Certain
statements contained herein are not based on historical fact and are “forward-looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995 and the Securities and Exchange Commission rules,
regulations and releases. Paragon
intends that such forward-looking statements be subject to the safe harbors
created hereby. Among other things, the
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uncertainty, are intended to identify such forward-looking statements. Paragon’s actual results, performance, or
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Paragon has no control, including the strength of domestic and foreign economies,
sales growth, competition, and certain cost increases; and (2) if the factors
on which Paragon’s conclusions are based do not conform to its
expectations. Furthermore, achievement
of the objectives of the Company following the sale of Ermanco is subject to
risks associated with business disruption resulting from the announcement of
the sale and other risks outlined in Paragon’s filings with the Securities and
Exchange Commission, including its annual report on Form 10-K for the year
ended December 31, 2004 and the most recent quarterly report on Form 10-Q for
the quarter ended June 30, 2005.
