AmeriQuest Transportation President and CEO, Douglas Clark Named Ernst & Young Entrepreneur Of The Year(R) 2007 Award Winner in Greater Philadelphia R

AmeriQuest Transportation and Logistics Resources, a leading provider of comprehensive fleet management services in North America, today announced that Douglas Clark, President and Chief Executive Officer, received the Ernst & Young Entrepreneur Of The Year(R) 2007 Award in the service category in the Greater Philadelphia Region. According to Ernst & Young, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Mr. Clark was selected by an independent panel of judges and the award was presented at an Ernst & Young Entrepreneur Of The Year gala event at The Loews Hotel in Philadelphia, PA, June 21, 2007.

Mr. Clark created a patented business model that AmeriQuest provides to the transportation industry to drive efficiencies and cost savings out of the supply chain. The company leverages the strength of over 700,000 vehicles to deliver savings, expertise and opportunities to its private fleet, common carrier and lease/rental members.

"AmeriQuest exists to ensure that small and medium size companies can be competitive with the biggest players in the transportation industry," said Mr. Clark. "I am honored to receive this award on behalf of all entrepreneurs who question the status quo and continually search for intelligent ways to enhance and refine the way they approach their business challenges."

The Ernst & Young Entrepreneur Of The Year awards program celebrates its 21st anniversary this year and continues to honor entrepreneurs who have demonstrated excellence in such areas as innovation, financial performance, and personal commitment to their businesses and communities.

"Ernst & Young is honored to recognize extraordinary business leaders, such as Douglas Clark, and the companies they have built," said Donna Palmer, Ernst & Young Entrepreneur Of The Year program director for the Greater Philadelphia Region.

As a Greater Philadelphia Region award winner, Mr. Clark is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2007 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 17, 2007. The national Entrepreneur Of The Year celebration is part of Ernst & Young's Strategic Growth Forum. The overall national Entrepreneur Of The Year award recipient is then considered for the world event held in Monte Carlo.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are pleased to have Bank of America as the national presenting sponsor, as well as SAP America and the Ewing Marion Kauffman Foundation as national sponsors.

In the Greater Philadelphia Region, local sponsors include Morgan Lewis, Pepper Hamilton LLP, Philadelphia Business Journal, Ballard Spahr Andrews & Ingersoll, LLP and Marsh.

About AmeriQuest Transportation and Logistics Resources

AmeriQuest Transportation and Logistics Resources is a leading provider of comprehensive fleet management services in North America. By leveraging the strength of over 700,000 vehicles, AmeriQuest delivers savings, expertise and opportunities to its private fleet, common carrier, and lease/rental members. AmeriQuest provides supply management services, asset management services, technology products, and outsourced transportation management services such as full-service leasing, integrated logistics, and contract maintenance.

About the Ernst & Young Entrepreneur Of The Year Awards

The Entrepreneur Of The Year(R) awards program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, the Ernst & Young Entrepreneur Of The Year(R) Award recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program, which celebrated its 20th anniversary in 2006, honors entrepreneurs through regional, national and global award programs in over 125 cities and 40 countries.

About Ernst & Young

Ernst & Young, a global leader in professional services, is committed to enhancing the public's trust in professional services firms and in the quality of financial reporting. Its 114,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism in providing a range of sophisticated services centered on our core competencies of auditing, accounting, tax, and transactions. Further information about Ernst & Young and its approach to a variety of business issues can be found at http://www.ey.com/perspectives. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, a U.K. company limited by guarantee, each of which is a separate legal entity. Ernst & Young Global Limited does not provide services to clients. Ernst & Young LLP is a U.S. client-serving member firm of Ernst & Young Global Limited.
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