First-ever analysis documents harmful environmental impact of pooled

multi-use wood pallets, including ozone layer depletion and contribution to

                               global warming



    ORLANDO, Fla., Aug. 4 /EMWNews/ -- A comprehensive, independent

study comparing the environmental impacts of iGPS' all-plastic pallet and

the typical pooled multi-use wood pallet has unequivocally documented that

iGPS' pallet is far superior. In every measured dimension -- including

global warming, ozone layer depletion and acidification -- iGPS' plastic

pallet was shown to have a significantly lower environmental impact.



    "This independent life cycle analysis confirms without qualification

that we have developed the environmentally superior product we set out to

create," said iGPS Chief Executive Officer Bob Moore. "Not only is our 100%

recyclable plastic pallet lighter, stronger and safer than the typical

pooled multi-use wood pallet, but even using the most conservative

assumptions, it's also far greener. The facts speak for themselves."



    The analysis, conducted by Environmental Resources Management (ERM), a

global leader in environmental consulting services, is the first study to

measure the total life cycle impact of both iGPS' plastic pallet and the

typical multi-use wood pallet.



    The study, utilizing internationally recognized methodology, measured

environmental impacts, taking into account pallet durability and useful

life, material composition, trip distances and weight. The ranges of

environmental impact differences between iGPS' pallet and the typical

multi-use wood pallet, using conservative and more realistic assumptions

for the impact categories studied, were --






    -- Abiotic depletion: iGPS' pallet had 25% - 35% less impact

    -- Global warming: iGPS' pallet had 65% - 70% less impact

    -- Ozone Layer Depletion: iGPS' pallet had 91% - 92% less impact

    -- Photochemical oxidation: iGPS' pallet had 60% - 65% less impact

    -- Acidification: iGPS' pallet had 60% - 65% less impact

    -- Eutrophication: iGPS' pallet had 75% - 80% less impact

    -- Aquatic ecotoxicity: iGPS' pallet had 50% to 55% less impact

    -- Terrestrial ecotoxicity: iGPS' pallet had 90% to 92% less impact



    "This study sets the record straight with respect to the claim that the

pooled multi-use wood pallet is the most environmentally friendly pallet

solution," Moore said. "The dramatically smaller environmental footprint of

the iGPS pallet establishes it as the true benchmark of sustainability for

pallet systems. We are proud to offer the world's supply chain a lighter,

stronger, safer and greener platform, and we look forward to the day when

our forests will no longer be sacrificed unnecessarily for wood pallets."



    A summary report of the ERM life cycle analysis can be viewed at

http://www.igps.net, where visitors can also calculate the greenhouse gas emission



    reductions and fuel savings made possible by converting to iGPS'

lighter, plastic pallets.

    About iGPS



    iGPS is the world's first company to provide manufacturers and

retailers with an all-plastic pallet pool with embedded RFID-tags. iGPS's

state-of-the- art pallets are 30% lighter than wood, which saves on

transport costs, are easier to handle and eliminate protruding nails and

splinters that cause workplace injuries and damaged equipment. In addition,

embedded RFID tags enable shippers and receivers to track and trace

shipments in real time. Launched in March 2006, the company is led by

pallet and supply chain veterans with decades of experience. iGPS

(http://www.igps.net) is headquartered in Orlando, FL., with offices in Dallas,

New York and Bentonville, Arkansas.



    Pegasus Capital Advisors, a private equity fund manager with offices in

New York and Cos Cob, CT, retains a majority interest in iGPS. Founded in

1995, Pegasus provides capital to middle market companies across a wide

range of industries, with particular focus on businesses that make a

meaningful contribution to society by positively affecting the environment,

contributing to sustainability and enabling healthy living. http://www.pcalp.com








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    Glossary of life cycle analysis measures:

    Abiotic depletion is related to the extraction of scarce minerals and

fossil fuels and is arrived at by comparing amounts extracted to remaining

reserves.



    Acidification is the reaction of acidic gases such as sulphur dioxide

that react with water in the atmosphere to form "acid rain" which can cause

ecosystem impairment.



    Aquatic ecotoxicity is the impact of manmade and natural materials and

activities on aquatic organisms, from the subcellular, through individual

organisms, to communities and ecosystems.



    Eutrophication is the increase in chemical nutrients -- typically

compounds containing nitrogen or phosphorus -- in an ecosystem. It may

occur on land or in water. The impact may include excessive plant growth

and decay, resulting in a lack of oxygen, impaired water quality and

increased stress on fish and other animal populations.



    Global warming potential (GWP) is the ratio of heat trapped by one unit

mass of the greenhouse gas to that of one unit mass of CO2 over a specified

time period. This trapping of heat has been implicated in climate change.



    Ozone depletion potential (ODP) is the relative value that indicates

the potential of a substance to destroy ozone gas as compared with the

potential of chlorofluorocarbon-11 (CFC-11) and has been connected with the

destruction of stratospheric ozone, increasing the amount of harmful UV

light hitting the earth's surface.



    Photochemical ozone creation (summer smog) is due to nitrogen oxides

and volatile organic compounds combining in the presence of sunlight to

form low- level ozone. At low level, it is implicated in impacts such as

crop damage and increased incidence of asthma.



    Terrestrial ecotoxicity is the impact of manmade and natural materials

and activities on terrestrial organisms, from the subcellular, through

individual organisms, to communities and ecosystems.