Mac-Gray Engages Dynadec To Optimize Real-Time Decision Making

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Dynadec, a developer of next-generation optimization solutions, today announced that it has been engaged by Mac-Gray Corporation, a leading provider of laundry facilities management services, to develop an optimization solution that will help the company improve daily decision making in responding to client service needs.

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We are excited at the prospect of working with Dynadec to take advantage of the dynamic optimization capabilities of Comet.

Dynadec, a developer of next-generation optimization solutions, today announced that it has been engaged by Mac-Gray Corporation, a leading provider of laundry facilities management services, to develop an optimization solution that will help the company improve daily decision making in responding to client service needs.

Dynadec will build a solution for Mac-Gray using its patented Comet™ software platform. Comet's unique optimization capabilities are ideally suited for complexity, variability, and uncertainty, and enable Dynadec to develop solutions that deliver significant performance gains for companies like Mac-Gray.

"Mac-Gray has led the industry in incorporating cutting-edge technologies to achieve greater efficiencies and superior customer service," said Philip Emma, Executive Vice President of Operations at Mac-Gray Corporation. "We are excited at the prospect of working with Dynadec to take advantage of the dynamic optimization capabilities of Comet."

"Mac-Gray is a sophisticated organization with a keen appreciation of how technology can be used to enhance real time business decisions," said Christian Heidelberger, chairman of Dynadec. "We look forward to working with them to develop a Comet-enabled solution that will deliver significant value to the company and the customers they serve."

About Mac-Gray Corporation
Founded in 1927, Mac-Gray derives its revenue principally through the contracting of debit-card- and coin-operated laundry facilities in multi-unit housing facilities such as apartment buildings, college and university residence halls, condominiums and public housing complexes. Mac-Gray manages approximately 80,000 laundry rooms located in 43 states and the District of Columbia. Mac-Gray also sells, services and leases commercial laundry equipment to commercial laundromats and institutions through its product sales division.

About Dynadec
Dynadec develops next-generation business decision optimization solutions that enable enterprises to solve their most challenging and complex operational problems. Dynadec's hybrid optimization solutions for workforce management, vehicle routing, and resource scheduling are based on the company's proprietary Comet™ platform, which includes patent-pending dynamic stochastic combinatorial optimization algorithms developed by world-renowned optimization expert Pascal Van Hentenryck, Dynadec's founder. Comet™-enabled solutions are used by both large enterprises and mid-market companies in a variety of industries including transportation, CPG, healthcare and energy. For more information, visit http://www.dynadec.com.

For additional information, contact:

Laura Nelson or Kaycee Roberts
SVM Public Relations    
401-490-9700    
laura(dot)nelson(at)svmpr(dot)com     
kaycee(dot)roberts(at)svmpr(dot)com

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