Article: Stonepath Group Reports Second Quarter Results.

Dennis Pelino Appointed Chairman and CEO

Logistics Consolidation Strategy Initiated

PHILADELPHIA, Aug. 14 /PRNewswire/ --

Stonepath Group, Inc. (Amex: STG) today reported results for the quarter ended June 30, 2001.

"We are executing on Stonepath Group's new corporate mission to build a technology-driven logistics organization," said Dennis Pelino, Chairman and CEO of Stonepath Group. "Supply chain management has become a focal point for corporations worldwide. Stonepath intends to take advantage of the extraordinary opportunities in this sector by building a global business that integrates streamlined logistics companies and ...

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