5/2/2005
Allied Agent Association Agrees to a 3-Year Contract Extension for its Agents
New Deal Demonstrates Commitment Between the Company and its Agent Network
CHICAGO, May 2, 2005 — Allied Van Lines has reached an agreement with its Agent Association Board and Contract Committee to offer a three-year contract extension to its 255-member agent network across the U.S. The announcement was made today by Michael McMahon, president of SIRVA Moving Services, the parent company of Allied, and by Jim Munroe, president of the Allied Agent Association and president of Pickens-Kane Moving and Storage in Bloomingdale, Ill.
“I am very pleased to announce this important agreement between SIRVA and our agent contract committee,” McMahon said. “Our goal is to position this great agent network for future growth and to drive better alignment with our ‘relocation redefined’ strategy.”
Tim Schneeman, general manager of Allied Van Lines, said the contract would allow the Allied agent network to continue to invest in growth, capacity and quality. “This new contract provides a solid economic foundation that will enable continued differentiation of the Allied brand for our customers.”
“We will now take this contract forward to our agent body with the full support of our organization’s Board of Directors,” Munroe said. “In addition, the timing is essential as we begin the busy summer moving season.”
About Allied Van Lines
Established in 1928, Allied Van Lines, with more than 500 agent locations in North America, is an experienced leader in household goods moving and specialized transportation services. Allied is one of the established global brands of SIRVA, Inc., (NYSE: SIR), a leader in providing relocation services to corporations, consumers and governments around the world. For more information about Allied Van Lines, visit www.allied.com.
About SIRVA, Inc.
SIRVA, Inc. is a leader in providing relocation solutions to a well-established and diverse customer base around the world. The company is the leading global provider that can handle all aspects of relocations end-to-end within its own network, including home purchase and home sale services, household goods moving, mortgage services and insurance. SIRVA conducts more than 365,000 relocations per year, transferring corporate and government employees and moving individual consumers. The company operates in more than 40 countries with approximately 7,500 employees and an extensive network of agents and other service providers. SIRVA’s well-recognized brands include Allied, northAmerican, Global, and SIRVA Relocation in North America; Pickfords, Huet, Kungsholms, ADAM, Majortrans, Allied Arthur Pierre, Rettenmayer, and Allied Varekamp in Europe; and Allied Pickfords in the Asia Pacific region. More information about SIRVA can be found on the company’s Web site at www.sirva.com.
Forward-Looking Statements
This release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical, but are made based on management’s current expectations and beliefs concerning future developments and their potential effects upon SIRVA, Inc. and its subsidiaries. There can be no assurance that future developments affecting us will be those anticipated by management. These forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and other factors, including without limitation those described under the caption “Business-Investment Considerations” and other risks described in our 2003 Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, and other reports we submit to the Securities and Exchange Commission from time to time. We do not intend, and are under no obligation, to update any particular forward-looking statement included in this release.
Media Contacts
Jim Trainor
Corporate Communications
Vice President
630.468.4828 (work)
630.334.7865 (cell)
Judy Wohlt
Director
Corporate Communications
SIRVA, Inc.
630.468.4886 (work)
630.802.1299 (cell)
