CROWN WORLDWIDE GROUP OPENS A THIRD BRANCH IN ITALY

 Date Of Issue:06/03/2008

 
    Well Connected. Worldwide.

    PRESS RELEASE
    FOR IMMEDIATE RELEASE


    CROWN WORLDWIDE GROUP OPENS A THIRD BRANCH IN ITALY

    Crown Venice Joins Crown Milan and Rome in the Group’s Global Network

    VENICE, June 2, 2008 -- Crown Worldwide Group, a worldwide leader of global mobility, relocation services, transportation, storage and logistics, today announced the expansion of its presence in Italy.

    In addition to existing offices in Milan and Rome, Crown has established a third in the city of Treviso, near Venice -- world-famous for its canals -- in the northeastern section of Italy. Venice is the capital of the Veneto region and has a population of roughly 300,000. Nestled in that count, is a great market for Crown's fine art division.

    Venice is built on an archipelago of 118 islands, formed by approximately 150 canals connected by 400 bridges, in a lagoon. Crown's new office is located 30 minutes from Venice, proper, and will offer mainly fine art services to the related industries in the area, and some relocation services for the region.

    The new branch will be managed by Crown Italy's country manager, Giuseppe Vantini, with support from fine arts manager, Simone D’Alessi, who has extensive experience in the fine arts industry. Daniela Aldegheri, another fine arts manager, has been employed by Crown Milan to assist the expansion of the fine art division in Italy.

    Commenting on the expansion, Vantini said, "I am confident that the opening of this new branch and the start of our fine art activities in Italy, will benefit Crown’s global network, but more immediately, will allow Crown Italy rapid growth in this important industry. The well refined skills and industry experience of Daniela and Simone will allow Crown to take advantage of the many opportunities that the industry is offering; especially in Italy, an area that is very active in the fine art sector."

    Locating the new branch in Treviso is ideal for Crown's purpose: The northeastern section of Italy, bordering Slovenia, is considered the door to Eastern Europe where many important industry sectors are represented. These include numerous shipping lines, steel producers and many shoe manufacturers, and the general area is a popular place for retirees who enjoy the sea and the arts.

    Crown Venice is located at: Via Cattarin 1A, 31100 Treviso, Italy.



    Crown Worldwide Group
    Crown Worldwide (www.crownworldwide.com), operates from over 200 locations in over 50 countries, providing governments, corporations, diplomats and private customers with global mobility, transportation of household goods and fine arts, departure and destination services, business information storage, high value warehousing, freight forwarding and third-party logistics. Crown Worldwide Group’s divisions are Crown Relocations, Crown Fine Arts, Crown Records Management, Crown Logistics and Crown Wine Cellars. Established in 1965, the Crown Worldwide Group is a privately held company with global headquarters in Hong Kong.

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    GLOBAL & AMERICAS:
    Natalie Graveney
    Crown Worldwide
    1401 Summit Ave, Suite 10
    Plano, Texas 75074, USA
    Telephone: 1 972 422 4288
    E-mail: ngraveney@crownworldwide.com

    ASIA-PACIFIC:
    Susanne Osterholm
    Crown Worldwide Holdings Ltd.
    MassMutual Tower, 38 Gloucester Road,
    Suite 2001, Wanchai, Hong Kong
    Telephone: 852 2876 2678
    E-mail: sosterholm@crownworldwide.com

    EUROPE/MIDDLE EAST/AFRICA:
    Marco Dilenge
    Crown Worldwide
    Wolf-Heidenheim-Strasse 12
    Frankfurt, D-60489, Germany
    Telephone: 49 69 1539-4000
    E-mail: mdilenge@crownworldwide.com

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