IBP Corporation Inc's Executive Management Team Authorizes the Early Release of ltcquickbid.com in Response to the Recent Press Release by GMA

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The Executive Managment Team of IBP Corporation inc has authorized the early release of http://www.LTCquickbid.com. This Free, web based application, provides corporate shippers the ability to reduce their cost of transportation by utilizing Semi Tractor and Trailers that would normally be Deadheading.

The Executive Management team has authorized the early release of www.ltcquickbid.com and the Free distribution of this Logistics Tool to all members of Grocery Manufacturers of America, GMA.

The Executive Management of IBP Corporation has authorized the early release of http://www.ltcquickbid.com in response to a recent press release by Grocery Manufacturers of America.

Triggering this early release were some of the topics of discussion during the recent conference held in Florida by Grocery Manufacturers of America. Several issues concerning utilization of "Deadhead Trailers" and the need to reduce the cost of transportation. The following statements were included in the press release issued by GMA after this conference.

Transportation

Carriers, retailers and manufacturers should work together to utilize the "untapped capacity" of deadhead trailers, regardless of the name on the side of the truck. Among the cost-saving options discussed, this idea was one that had the universal approval of supply chain executives from Wegmans Food Markets, ConAgra Foods, Welch Foods, Inc., and Total Logistics Control. Rick Blasgen of ConAgra said partnering across industries to utilize empty trailers would result in actual savings for the industry, especially in light of the driver shortage, increasing fuel costs and the finite capacity of the trucking industry.

Grocery Manufacturers of America is the world's largest association of food, beverage and consumer product companies. Led by a board of 42 Chief Executive Officers, GMA applies legal, scientific and political expertise from its more than 140 member companies to vital public policy issues affecting its membership. The association also leads efforts to increase productivity, efficiency and growth in the food, beverage and consumer products industry. With U.S. sales of more than $500 billion, GMA members employ more than 2.5 million workers in all 50 states.

Additional information on this press release can be found at: http://www.gmabrands.org/news/docs/NewsRelease.cfm?DocID=1488

IBP Corporation has been in Beta testing with ltcquickbid.com for the last six months and had planned on releasing this web application in June. This date has now been moved up to May 1st, 2005.

In a phone conversation with Cheryl Ballard, Director of Professional Services on April 20th 2005, the following statement was made "In effort to assist manufactures in reducing their shipping cost while increasing the revenues earned by transportation companies that are having to deal with increasing fuel surcharges on non revenue producing "DeadHead Miles" The Executive Management team has authorized the early release of http://www.ltcquickbid.com and the Free distribution of this Logistics Tool to all members of Grocery Manufacturers of America, GMA." Ms. Ballard also emphasized the fact that this web based application reduces the man hours spend by transportation managers obtaining quotes. According to Ms. Ballard, http://www.ltcquickbid.com allows the shipper to go on-line, fill out one form and have transportation companies submitting bids on the site. The days of hundreds of phone calls to find a trailer going the same direction are gone. http://www.ltcquickbid.com is a software property of IBP Corporation Inc.

For more information on this please visit the ltcquickbid.com site at http://www.ltcquickbid.com or contact Cheryl Ballard at Cheryl@ibpcorporation.com

Other software titles serviced by IBP Corporation

http://www.icantrackit.COM
http://www.EPawnauction.com
http://www.ltcquickbid.com
http://www.ibpcorporationinc.COM

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Steve Krubinski
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