CROWN WORLDWIDE OPENS NEW BRANCH IN CAMBODIA

 Publication:Press Release Written By GMO

 Date Of Issue:12/14/2007

 
    Well Connected. Worldwide.

    PRESS RELEASE
    FOR IMMEDIATE RELEASE


    CROWN WORLDWIDE OPENS NEW BRANCH IN CAMBODIA

    Cambodia Becomes Crown's Eleventh Branch in Southeast Asia

    CAMBODIA, December 14, 2007 -- The Crown Worldwide Group, a worldwide leader of global mobility, relocation services, transportation, storage and logistics has added to its many branches around the world with the opening of its newest location in Phnom Penh, Cambodia.

    Its new office was officially opened on Sept. 1, 2007 and is run by Michael Grisaffi, corporate services manager, operating within the purview of John Perry, general manager for Crown, Thailand.

    Grisaffi has more than 10 years of international experience in Southeast Asia and is familiar with the challenges that Crown customers will face when settling in Cambodia.

    The new office is located at Hotel Cambodiana, 313 Sisowath Quay, Suite 100, Phnom Penh and is beginning with operations in that city. A major focus for this branch is the large number of nongovernmental organizations present in the country.

    Crown Cambodia has a 500-square-metre warehouse located five kilometres (approximately three miles) from Phnom Penh international airport.

    The branch will eventually expand its reach to the areas of Siem Reap and Sihanoukville in the coming months.

    Jim Thompson, Chairman of Crown Worldwide, commented on Crown's presence in Phnom Penh: "Cambodia is a country that has had a difficult past but is now very stable. The rate of growth has been very encouraging as more and more foreign investors see the potential of the country. Crown is now well established in Cambodia and able to serve the entire country. We plan to steadily build our operations from our head office in Phnom Penh to serve the companies establishing new operations throughout the country. We also plan to lend our support to the many needy people who are trying to build better lives."

    Cambodia is bordered by Thailand, Laos, Vietnam, and the Gulf of Thailand.

    Crown Worldwide currently has 11 offices in Southeast Asia and over 200 worldwide, in over 50 countries.

    Crown Worldwide Group
    Crown Worldwide (www.crownworldwide.com), serves over 10,000 customers 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.

    # # #

    Worldwide/Americas Contact
    Natalie Graveney
    Dallas, Texas, USA
    (972) 422-4288
    ngraveney@crownrelo.com

    Asia-Pacific Contact
    Susanne Osterholm
    Hong Kong
    (852) 2876 2678
    sosterholm@crownworldwide.com

    Europe/Middle East/Africa Contact
    Marco Dilenge
    Frankfurt, Germany
    (49) 69 1539 4000
    mdilenge@crownworldwide.com