iGPS Announces Appointment of Richard DiStasio as Chief Executive Officer

ORLANDO, Fla., Sept. 26, 2011 /PRNewswire/ -- Intelligent Global Pooling Systems (iGPS Company, LLC), operator of the world's first pallet rental service to provide lightweight, 100-percent recyclable plastic pallets with embedded radio frequency identification (RFID) tags, announced today that Richard "Dick" DiStasio has been appointed Chief Executive Officer of the company.  DiStasio brings over 30 years of executive-level experience at leading manufacturing, distribution and service companies, with both domestic and international scope.

"I am thrilled to be joining iGPS, a company that is leading an exciting paradigm shift in the world's supply chain," DiStasio said. "iGPS' innovative pallet and its associated tracking and tracing capabilities are truly revolutionizing how products are being shipped in North America.  The marketplace's enthusiastic response to iGPS — and its world-class customers — is a tremendous base from which to accelerate the company's growth."  

Among his prior positions, DiStasio served as President, CEO and Chairman of USF Corporation, formerly known as USFreightways Corporation, and CEO for Global Operations of Martin-Brower Company, the world's largest distributor of products to McDonald's Corporation.  Prior to joining iGPS, DiStasio served as an Operating Advisor to Arbor Investments, a Chicago-based private equity firm.

About iGPS
iGPS operates the world's first pallet rental service providing shippers and receivers with lightweight, 100-percent recyclable all-plastic pallets with embedded RFID tags. Its highly engineered platform — the world's most advanced shipping pallet — is rapidly replacing wood as the platform of choice among the world's most innovative companies. Businesses that switch from wood pallets to iGPS realize game-changing savings — as much as $2 per unitized load — thanks to lower transport costs, reduced production downtime, reduced product damage and fewer rejected loads. The iGPS pallet is also a major advance in supply chain hygiene — a platform that is easily cleaned, will not absorb fluids that can lead to contamination and never requires treatment with toxic pesticides and fungicides. An independent life cycle analysis has documented that iGPS' solution is dramatically better for the environment than both one-way and multiuse wood pallets. Launched in March 2006, the company has created nearly 2,000 new green jobs in the U.S. and is led by pallet and supply chain veterans with decades of experience. iGPS (www.igps.net) is headquartered in Orlando, FL and operates its state-of-the-art National Sales and Innovation Center in Northwest Arkansas.

SOURCE iGPS