PARAGON
TECHNOLOGIES’ SI SYSTEMS BRAND RECEIVES ORDER
FROM E-Z-GO TEXTRON FOR AN ASSEMBLY SYSTEM
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EASTON,
PA November 26, 2002 -- Paragon Technologies, Inc. (AMEX: PTG), a leading deliverer of "smart" material handling solutions, including systems, technologies, products and services, today announced that its SI Systems brand received an order from E-Z-GO Textron ("E-Z-GO") to design, build, and install a state-of-the-art industrial and turf-care truck assembly system. The system will be installed in the E-Z-GO manufacturing facility in Augusta, Georgia, and will incorporate SI Systems' in-floor towline technology.
Bill Johnson, President and CEO of Paragon Technologies, states, "We are extremely pleased that E-Z-GO has selected SI Systems to be their partner in automation for this very important project."
Similar towline-based assembly systems have been successfully integrated
by SI Systems for vehicle manufacturers, such as Harley-Davidson, Case
Tractor, New Holland Tractor, Oshkosh Truck, McNeilus Truck, JLG, and
numerous furniture manufacturers as well.
About Paragon Technologies
Paragon Technologies is a leader in integrating materials handling systems and
creating automated solutions for material flow applications. Ermanco's branded
conveyor technologies and material handling solutions address the needs of the
distribution, assembly, and manufacturing marketplace. SI Systems' branded technologies
and material handling solutions address unit assembly handling and order fulfillment
applications. Paragon Technologies' Quality Management System at its Easton,
Pennsylvania location is certified to the ISO 9001 standard. The scope of the
Quality Management System governs the design, manufacture, assembly, installation,
and servicing of automated materials handling and distribution systems. One
of the top materials handling systems suppliers worldwide, Paragon's leading
clients include the United States Postal Service, General Motors, IBM, BMG,
Daimler Chrysler, Johnson & Johnson, Ford, Peterbilt, Harley-Davidson, Walgreens,
and Clark Equipment.
Certain statements contained
herein are not based on historical fact and are to be viewed as "forward-looking
statements" within the meaning of the Private Securities Litigation Reform
Act of 1995. Words or phrases used in this News Release denoting the anticipated
results of future events, such as " believe," "affords us,"
"grow," "will be," "will spur additional opportunities,"
and similar expressions that denote optimism and uncertainty, are intended to
identify such forward-looking statements. SI Handling's actual results, performance,
or achievements could differ materially from the results expressed in, or implied
by, such "forward-looking statements" if the factors on which their
conclusions are based do not conform to their expectations.
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