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Team Joyner

IPLEX and Team Joyner USA Have Joined Forces to Capitalize on the Strong Demand for Utility and Recreational Vehicles

Atlanta, GA – April 28, 2009 – IPLEX and Team Joyner USA have joined forces to leverage the core strengths of each company to better design, develop, market and sell a wide range of utility and recreational vehicles.

“Team Joyner has established high quality products and initial dealer distribution channels in a very short period of time,” stated Jason Gries, IPLEX Chairman and CEO. “We see a great opportunity to leverage our asset-lite supply chain and infrastructure to help accelerate the growth of Team Joyner.”

“Team Joyner is an entrepreneurial, growth focused company that is excited to be able to tap into IPLEX’s global sourcing infrastructure, automotive and supply chain expertise, and management best practices, to help our young company become an even stronger supplier of utility and specialty vehicles,” stated John Burns, Team Joyner USA founder and President. “IPLEX is already working aggressively with our team to ensure we have a strong supply chain and the necessary financial support to rapidly expand North America dealerships and take advantage of international opportunities.”

“Team Joyner is receiving very positive industry recognition with respect to the recent release of their Renegade and Trooper lines and we will be working closely with John Burns and his team to help enhance manufacturing, quality control, engineering and worldwide distribution through our IPLEX Source business,” stated Brian Robertson, President IPLEX Source and Brands. IPLEX and Team Joyner are actively developing business plans that scale existing products into commercial and consumer channels and introduce new adjacent products, such as accessories, riding gear, implements, attachments, and financial services.

Both Burns and Robertson stated: “Working together, we will strive to generate increased revenue and profits for IPLEX, Team Joyner and our dealers while positioning ourselves for strong growth in 2010 and beyond.”

About Industriaplex, Inc. (d/b/a IPLEX)
Founded in 1999 by former GE executives and headquartered in Atlanta, Georgia, IPLEX is a global sourcing, supply chain management and branded products company that is experiencing rapid growth as customers seek to reduce product and supply chain costs. IPLEX, a next generation industrial enterprise, has been recognized as the 56th fastest growing private company in America by Inc. magazine. IPLEX’s asset-lite supply chain accommodates a wide range of manufactured products. IPLEX supplies commercial products such as material handling, shelving, foodservice equipment and smallwares, in addition to consumer products like automotive accessories, specialty vehicles, recreational products, consumables and building materials. With sourcing and manufacturing operations in China, Hong Kong, India, Taiwan, and other Asian countries, IPLEX can identify and manage the best suppliers, manufacturers and logistics partners to deliver each product on-time, to specification and at a lower total cost than competitors. Final assembly, fulfillment and service are provided at IPLEX owned facilities or partners in the US, Europe, Asia and Middle East. For more information, please visit www.iplex.com or call 1-877-739-1819.

About Team Joyner USA
Founded in 2003, Team Joyner USA (TJU) is a research and development driven company specializing in side-byside utility vehicles (UTVs). Over the past two years, TJU has been recognized by many industry analysts as one of the fastest growing UTV manufacturers in the USA today. With over two hundred dealers worldwide, TJU intends to significantly expand its dealership base in the U.S. and increase distribution worldwide. In 2010, TJU will continue to create new and innovative designs of side-by-side UTVs and expect our new models to continue our commitment for more standard features than our competitors, with a lower cost to consumers. TJU will be working with its dealers, distributors and consumers in 2009-10, to increase consumer awareness of Joyner recreational vehicles, expand models and features, and provide various financial services. TJU will continue to grow their vehicle line-up and product lines including the introduction of a new BAJA series this year. Currently, TJU has its main manufacturing facility in Changzhou, China with sourcing capabilities worldwide. TJU intends to increase its presence in the Asian market to strengthen its ability to react swiftly to the changing market and consumer demands. With its main assembly facility in Tempe, AZ, Team Joyner plans to expand its markets globally through assembly facilities replicating its Tempe operation. For more information, please visit www.teamjoynerusa.com or call 1-866-441-6363.


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