C2 (NASDAQ:CTOO)
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C2, Inc. Proposes Name Change to Total Logistics, Inc.
MILWAUKEE, March 10 /PRNewswire-FirstCall/ -- C2, Inc. announced today that at
its Annual Meeting of Shareholders on April 20, 2004, it will seek approval to
change its name to Total Logistics,Inc.
William T. Donovan, President and CEO, commented, "While the name C2 had
nostalgic value to original shareholders given the successful development of our
predecessor company, Christiana Companies, Inc., it does not describe our
current business activities, and seems to raise more questions than it answers.
Today, our businesses are focused on the high growth logistics industry and
refrigerated product merchandising. The name Total Logistics, Inc. more
appropriately reflects our business and is likely to have greater intangible
value for shareholders."
Additional details regarding stock certificates, new trading symbol and website
will be released at the Annual Meeting.
The Company's operations and its subsidiaries, Total Logistic Control,LLC and
Zero Zone, Inc. will remain intact with no change in their names.
Total Logistic Control
TLC, based in Zeeland, Michigan, is a national provider of integrated logistic
services which include refrigerated and dry warehousing, transportation
operations, supply chain management, dedicated third-party facility and
operations management, food distribution, bottling and packaging and fulfillment
services. Operations are conducted through a national network of 40 logistic
centers with 30 million cubic feet of refrigerated capacity and over 3 million
square feet of dry warehouse space making it the tenth largest provider of
refrigerated warehousing services in the United States. TLC operates a fleet of
over 415 tractors with over 723 refrigerated and dry trailers with 3 maintenance
facilities. TLC was recently cited by Inbound Logistics as a Top 10 Provider of
Third Party Logistics Excellence for the sixth year in a row. TLC is a
wholly-owned subsidiary of C2, Inc. More information about TLC is available at
http://www.totallogistic.com/ .
Zero Zone
Zero Zone, headquartered in North Prairie, Wisconsin is a manufacturer of
refrigerated and freezer display cases used in grocery, general merchandise,
convenience and drug store chains for retail merchandising of food, beverage and
floral products. In 2002, Zero Zone acquired Zero Zone Refrigeration which
manufactures refrigeration houses and racks to power and control the
refrigeration systems, electrical panels, and stand-by power for supermarkets,
convenience stores and industrial applications. Zero Zone is a wholly-owned
subsidiary of C2, Inc. More information about Zero Zone is available at
http://www.zero-zone.com/ .
This and other C2, Inc. news releases and additional corporate data can be found
on C2's website at http://www.c2-inc.com/ .
DATASOURCE: C2, Inc.
CONTACT: William T. Donovan, President and CEO, of C2, Inc.,
+1-414-291-9000
Web site: http://www.totallogistic.com/
http://www.zero-zone.com/
http://www.c2-inc.com/