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AERONET ANNOUNCES APPOINTMENT OF V.P. MARKETING AND PRODUCT DEVELOPMENT



Los Angeles, CA – February 28, 2003

Aeronet, a leader in integrated logistics solutions, announced the appointment of Felipe Arjonilla to the position of Vice President, Marketing and Product Development.

Arjonilla joined Aeronet in 1999 as Vice President, Sales and Marketing. "Felipe's new role reflects Aeronet's commitment to a program of proactive planning designed to anticipate client needs and create innovative services and logistics solutions," states Tony Medeiros, President and C.O.O. of Aeronet. "Aeronet is in a hyper growth mode which requires a solid foundation, which we have built over the past twenty years, and a solid infrastructure plan to sustain and support us as we move on to the next level. " he adds. "This is an importantly positive change for us," commented Arjonilla., "the dynamics of our industry, in an ever-changing world, require a well defined focus on the development and improvement of those programs and services which make us relevant to the marketplace."

Arjonilla will continue to be based at the corporate headquarters in Irvine, California, where he reports to Tony Medeiros, President and C.O.O.

Aeronet was founded in 1982 and has grown to over 600 offices and partners located throughout the United States and in 75 countries overseas. Aeronet specializes in personalized service and custom made shipping and logistics solutions. Aeronet is a minority owned business certified by the D.O.T. and Caltrans as a DBE and an SMBE entity.


Press Contact:

Felipe Arjonilla
Vice President, Product Development and Marketing
Aeronet

(800) 552-3869 or e-mail: felipe@aeronet.com


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