New Age Electronics Teams with PSS Warehousing and Transportation to Provide Expanded Product Inventory and Faster Delivery To Regional CE Resellers

CARSON, CALIFORNIA-September 6, 2007--New Age Electronics, Inc. (New Age), a leading solution and logistics provider delivering an unsurpassed supply chain model to consumer technology retailers and vendors, announced today it is teaming with PSS Warehousing and Transportation (PSS) to open its fourth warehouse facility in the United States.

Based in Dayton, NJ, the new distribution center will enable New Age to maintain a greater quantity and assortment of consumer electronics products within the region, while providing resellers with the same-day, next-day and will call delivery services required to help exceed market demands and obtain competitive advantage.

Established in 1983, PSS is the Northeast’s premier warehousing, storage, transportation and distribution services provider, and the partner of choice to a variety of Fortune 500 organizations. With the agreement, PSS will support New Age by providing staff, transportation and inventory management services, along with 30,000 square feet of dedicated state-of-the-art warehouse space within its one million square-foot, multi-building complex.

“New Age has experienced tremendous growth in the dynamic East Coast marketplace and we are thrilled to team with an established business partner like PSS who can help us provide immediate benefits to our reseller customers throughout the region,” said Fred Towns, New Age senior vice president. “Working with PSS, we will provide resellers with the outstanding support needed to bolster supply chain and distribution related processes, helping them save significant time and money.”

The partnership with PSS dovetails New Age’s recent expansion agreement with Panasonic Consumer Electronics Company. In May, New Age began directly managing relationships with Panasonic’s reseller network throughout the Metro New York, Northern New Jersey and Connecticut markets. The new facility and transportation services provided by PSS will enable New Age to provide these resellers with rapid access to all types of Panasonic products from a central location, including Plasma and LCD televisions, Blu-ray disc players, high definition camcorders, digital still cameras and other digital imaging, entertainment and communication products.

“Similar to New Age, PSS maintains a forward-thinking business philosophy and customer-centric approach that makes this partnership a perfect match,” said Gary Borne, PSS President. “New Age customers will experience a highly efficient distribution network backed by best-in-class technology, with the ability to fulfill and ship orders in a matter of hours. We look forward to working with New Age, serving as an extension of their business, to help them bolster product time-to-market by way of high-quality, innovative and reliable distribution services.”

About New Age Electronics
New Age Electronics is a sales and supply chain solutions innovator that provides consumer technology (CT) manufacturers with a broad offering of logistics, distribution and remanufacturing services. Extensive experience in the CT industry and a customer-centric approach has made NEw Age the provider of choice for manufacturers such as HP, Panasonic, Kodak and Sharp, and national and regional retailers such as Big Lots, Aaron's Rents and Nebraska Furniture Mart. New Age distinguishes itself with extremely efficient operations and relentless focus on customer satisfaction. Founded in 1988, New Age is headquartered in Carson, Calif. For more information on New Age, call (310) 549-0000, toll-free (888) 234-0300 or visit the company's Web site at www.newageinc.com.

About PSS Warehousing & Transportation

PSS Warehousing & Transportation is the Northeast's premier services provider and a leader in warehousing, storage, transportation and distribution since 1983. PSS is an industry-leading third party distribution services provider whom Fortune 500 companies have come to rely on for their expertise in grocery distribution, reverse logistics, transportation and packaging services. The company's state-of-the-art Warehouse Management and Road Transportation Systems offer applications that include: EDI, Radio Frequency and Bar-coding, Comprehensive Inventory Control and Activity Reports, Lot Code and Shelf Life Management and Monitoring, Document Imaging, Product Recall Program and our Net View Internet Enabled Access.


For more information, visit PSS Warehousing & Transportation online at http://www.pssdistribution.com or call (800) 777-8754.