HOUSTON, April 21 /PRNewswire/ -- Eagle USA Airfreight, Inc.
(Nasdaq: EUSA), today announced that Rebecca A. McDonald, Executive Managing
Director of Enron International, has joined the Board of Directors of Eagle
USA Airfreight, Inc.
Mrs. McDonald, a former President and CEO of Amoco Energy Development
Company, recently joined Enron International to oversee Enron's business
interests in Africa, China and the Asia-Pacific regions. Mrs. McDonald's
experience includes developing equity interests in various international
operations including the responsibility of overseeing more than $10 billion of
foreign expansion projects.
Commenting on Mrs. McDonald's appointment to the Eagle USA Board of
Directors, James R. Crane, Chairman and Chief Executive Officer, stated,
"Rebecca McDonald brings a tremendous amount of experience, knowledge and
vision to our plans to expand Eagle USA. Her remarkable success in expanding
multi-national companies into foreign markets will be a tremendous asset to
the Company as we execute our global growth strategy."
Mrs. McDonald commented, "I see enormous potential for international
expansion based upon the success Eagle has created in building its North
American terminal network. The Company has successfully expanded its network
from 27 locations in 1994 to 74 locations in 1999. The high level of service
that the Company is required to provide its domestic customers will be a true
asset to its international customers."
The statements in this press release regarding expansion plans, future
growth, global growth plans, future business, operations results and any other
statements that are not historical facts are forward looking statements. Such
statements involve risks and uncertainties including, but not limited to
market conditions, the performance of the Company's stock, the Company's
financial condition and cash resources, and other factors detailed in the
Company's filings with the Securities and Exchange Commission. Should one or
more of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual outcomes may vary from those indicated.
Eagle USA Airfreight's dedication to providing superior flexibility and
fewer shipping restrictions on a price competitive basis has made it a leading
provider of airfreight forwarding and other transportation and logistics
services. Its network of 74 terminals in five countries features
state-of-the-art information systems designed to maximize cargo management
efficiency and customer satisfaction. The Company's shares are traded on the
Nasdaq National Market under the symbol "EUSA."
For more information on EUSA:
Visit EUSA on the Internet at http://www.eagleusa.com
Contact EUSA Investor Relations via the Internet at mslaught@eagleusa.com
Or by telephone at 281-618-3428, Michael Slaughter, Director of Investor
Relations.
SOURCE Eagle USA Airfreight, Inc.
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CONTACT:
Douglas A. Seckel, Chief Financial Officer,
281-618-3420, or Mike Slaughter, Investor Relations,
281-618-3428, both of Eagle USA
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