Intelligrated and FKI Logistex Announce Strategic Combination, Creating an Industry Leader in Automated Material Handling Systems

CINCINNATI, OH--(Marketwire - May 28, 2009) - Intelligrated and FKI Logistex Group Limited today announced the signing of a definitive agreement to combine the two businesses, creating the leader in automated material handling systems and services. Under terms of the agreement, Intelligrated will purchase the FKI Logistex operations located in North and South America from Melrose plc (LSE: MRO), a UK-based specialist manufacturing investment group. The combined company will continue to manufacture and support its Crisplant brand loop sorters, Alvey brand palletizers, Real Time Solution fulfillment systems as well as other products and services traditionally offered by both Intelligrated and FKI Logistex.

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