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W.J. Byrnes Joins Janel Group, Inc.

Janel Group is America's next, best-in-class global logistics services company with twelve U.S. locations.

PRESS RELEASE
April 19, 2017

W.J. Byrnes & Co. is proud to announce that it has joined Janel Group, a New York-based global provider
of integrated logistics solutions with offices throughout the U.S. In addition to expanding Janel's
footprint with complementary offices, W.J. Byrnes brings the Janel team new industry competencies and
veteran leadership. Customers and partners on both sides will benefit from the combined company's
capacities in the short-term, and will find long-term value in its association with a strong and growing
global logistics partner.


"Founded in 1907, W.J. Byrnes is proud of its long history of service to customers, staff, industry,
government and the international trade community," said John A. Leitner, President and CEO of W.J.
Byrnes. "Our mission has been to provide superior service to our customers and to make a positive
contribution to the trade. As a U.S. Delegate to APEC, I have helped Byrnes customers understand and
stay ahead of developments in the industry, and I look forward to making an even greater impact going
forward. We at Byrnes are excited to join with Janel, whose people, like ours, understand that a
personal connection with customers, providers and agencies makes all the difference."

The Janel and Byrnes teams will collaborate closely on the next chapter of growth. In addition to cultural
synergies, the companies will leverage a common operations platform, IT systems and a customer-facing
web pOréal. Company-wide management, administrative support and world-class industry advisors will
bolster an expanded set of product offerings and ensure that customers continue to receive best-inclass
service and long-term value from the company's logistics solutions.

W.J. Byrnes will continue to function as an independent business unit headquartered in San Francisco,
CA. John Leitner will continue as President, joining Janel Group's team of senior advisors. The W.J.
Byrnes team will be newly empowered to support its existing customers with expanded capacities and
to engage new customers at every location its now serves.

Brendan Killackey, President of Janel Group, added, "Founded over 100 years ago, W.J. Byrnes & Co.
brings a deep understanding that we are here to serve the customer. The Janel team shares this
commitment. Even in an industry fast-evolving in its technological methods, we know that stable value
creation lies in solid, long-term relationships with our customers and partners. Janel is building a best-inclass
company founded on that principle, and we are pleased to welcome the like-minded folks at
Byrnes to continue on that mission together."

About W.J. Byrnes & Co.
W.J. Byrnes is a customshouse brokerage, international freight forwarder, and NVOCC. As we've done
since our founding, we deploy the latest technologies to produce high quality services and efficiencies
for customers and for ourselves. Our mission is to deliver excellence in logistics through 100%
compliance to our customers' needs and 100% compliance to regulatory mandates, while creating an
appropriate level of profitability for the company's sustainability and growth. We are small enough to
listen and be responsive, and large enough to be heard and make a difference.

About Janel Group
Janel Group is building America's next, best-in-class global logistics services company. With offices in
twelve U.S. locations managed and staffed by industry veterans, and with an equally experienced
network of overseas partners, Janel offers a global service focused on the happiness of our customers.

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