SBS Worldwide appoints Don Colter as Vice President of Finance

News Release SBS Worldwide Inc July 6, 2012

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<DIV> 
Atlanta,
27 June 2012 – Global transportation provider SBS Worldwide has
appointed Certified Public Accountant Don Colter as Vice President of Finance,
USA.
In his new role, Mr. Colter is
tasked with strengthening the financial function of the company’s US business to
support its expanding service offering and new business opportunities in
existing and target industry verticals.
He will be based at
SBS Worldwide’s Atlanta Corporate Headquarter office and will report directly to
USA Managing Director Lars Kloch.
Mr. Kloch said: “I would personally
like to welcome Don to the SBS Worldwide team. He will play a key role in
implementing our global financial business plan and ensuring that we meet our
financial and growth targets for the US.
“Don has proven leadership abilities
with a track record of developing and executing financial strategies that
support company’s business plans as well as developing, monitoring and improving
internal controls and procedures to ensure consistent company
performance.”
In total, Mr. Colter has almost 30
years’ experience in the services industry - including logistics and supply
chain services - and over twenty years’ experience in financial
management.
He is a certified public accountant
and has held a variety of financial and operational roles. Additionally, he has
a broad range of experience in Mergers and Acquisitions and has Initial Public
Offering experience.
Recently, Mr. Colter worked for a
leading global logistics company - under his financial and operational
leadership the company grew from US$14 million in gross revenue to over US$230
million in gross revenue in a five-year period. 
He is married with two
children and in his spare time enjoys various sporting activities as well as
coaching youth sports teams.</DIV></BODY></HTML>