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Wallace Achieves Platinum Supplier Status from American Airlines

Friday, July 12, 2002

Press release from the issuing company

LISLE, Ill.--July 11, 2002--For the third consecutive year, Wallace's St. Charles, IL distribution facility has been recognized as a Platinum(SM) Supplier for American Airlines. Wallace was one of only 25 of American Airlines' several hundred suppliers to receive this prestigious recognition, which is given for outstanding performance in business processes through monthly report card measurements under American's Supplier Excellence 2000 process. Wallace was the first distributor/service company to ever receive Platinum Supplier status, the highest supplier recognition American Airlines bestows. Other recipients are primarily from the maintenance and engineering sector. "Platinum status is a tremendous challenge for suppliers to achieve," said John MacLean, American Airline's Vice President ofCorporate Purchasing. "Winning this award for three years in a row is a testament to Wallace's ability to maintain the stringent standards of excellence in quality, operational, and business processes that American Airlines expects from its suppliers." "2001 was a difficult year for all airlines, which in turn provided many challenges to Wallace," said Harry Murphy, Wallace's account manager for American Airlines. "Our commitment to our partnership with American Airlines enabled us to continue to provide the exceptional level of service that made them extend their contract with us for the next two years." As an on-site American Airlines supplier for the last seven years, Wallace supplies a large variety of printed items including ticket jackets, barcode driven luggage tags, internal forms and corporate communication pieces, including the AMR annual report. American Airline's purchasing program has been recognized by Purchasing Magazine as one of the best in the country for its supply chain management and supplier measurement processes.




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