Odyssey Logistics & Technology (OL&T) Facilitates Major Transport Agreement for Grace in Dubai

By Odyssey Logistics Technology Corporation, PRNE
Sunday, March 7, 2010

DANBURY, Connecticut, March 8, 2010 - Odyssey Logistics & Technology Corporation (OL&T), a leading global
logistics and transportation service provider, announced today the expansion
of their work for W. R. Grace & Co. (Grace) to include the management of the
specialty chemical and materials company's Dubai transportation program. This
project will improve the efficiency of services for Grace and their

OL&T and Grace have worked together since 2004 on global transportation
and logistics. In the current project, OL&T leveraged its technical expertise
and market knowledge of Southwest Asia to optimize the transportation process
and successfully reduce the fixed costs associated with Grace's
transportation operations. The new transportation project has been
implemented to support logistics activities at Grace's facility in the Jebel
Ali Free Zone Authority, a major business hub of the Middle East located in
Dubai, United Arab Emirates. Grace has manufactured, marketed, and sold
products to the Middle East region since 1982.

"OL&T combined its past success and experience with Grace using its deep
local knowledge and capabilities to deliver a meaningful solution to Grace's
challenges in the region," said Kevin M. Land, Vice President, Global
Solutions, OL&T.

"This is an excellent example of working together to deliver value across
our networks. Grace is focused on environment, health and safety, quality and
costs, and partnering with Odyssey facilitates the drive to these goals,"
said Thomas M. Brossart, Director of Global Logistics & Trade Compliance, W.
R. Grace
& Co.

Grace Regional General Manager Gianni Marnini who worked closely on this
project from its inception said, "This project has been good for Grace.
Outsourcing our internal fleet and changing our former provider are well on
track. We did the right thing by moving away from fixed-cost pricing to a
full-variable-cost model."

About W. R. Grace & Co.

Grace is a leading global supplier of catalysts and
other products to petroleum refiners; catalysts for the manufacture of
plastics; silica-based engineered and specialty materials for a wide range of
industrial applications; sealants and coatings for food and beverage
packaging, and specialty chemicals, additives and building materials for
commercial and residential construction. Founded in 1854, Grace has
operations in over 40 countries. For more information, visit Grace's web site
at www.grace.com.

About OL&T

Odyssey Logistics & Technology (OL&T) delivers a comprehensive portfolio
of managed logistics and third-party services to the global chemical and
process manufacturing industries. The Odyssey Global Logistics Platform(SM)
is OL&T's technology infrastructure, and features a proprietary net-native
transportation management system that supports the safe, reliable and
efficient delivery of client products throughout the world.

With more than 30 percent average annual revenue growth for the last five
years, OL&T moves products with more than US$42 billion in value between
185,000 origins and destinations and 220 ports worldwide, servicing midsize
to large global chemical and process industry clients. For more information,
visit www.odysseylogistics.com.

Francis Onofrio, +1-203-393-1101, Ext. 169, fonofrio at mason23.com

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