ADS Logistics Awarded Contract for Transportation Management Services at Olympic Steel, Detroit Subsidiary

HOMEWOOD, Ill.--Feb. 2, 20068, 2006--ADS Logistics, LLC (ADS), the leading North American and only national provider of integrated logistics and supply chain solutions for the metals industry announced today it has been selected by Olympic Steel, Detroit Subsidiary, to provide transportation management services for its processing division which specializes in providing services to the automotive industry.

When asked about Olympic's decision to outsource their transportation management needs, Dave Frink, Vice President-Automotive of Olympic Steel, Detroit Subsidiary commented that "Olympic's customers depend on not only a quality product, but timely delivery and outstanding customer service. ADS has a reputation for providing quality service, and their systems and management expertise are unequalled in the metals industry. We are confident ADS will provide outstanding transportation management services for Olympic."

ADS will manage Olympic's inbound and outbound truck transportation requirements utilizing the transportation management system within LoMaS(R), ADS' supply chain management technology solution. Services will include load tender, load building, automated dispatch, scheduling, and track and tracing of the load. Additionally, ADS on-site management personnel will be responsible for transportation program administration including claims management, freight payables, and carrier management inclusive of safety compliance and insurance.

About ADS

ADS (www.adslogistics.com) is the leading North American provider of integrated logistics and supply chain solutions to the metals industry. ADS' integrated services include all-mode logistics, warehousing and material handling, distribution programs, and supply chain management technologies which maximize cost savings and service efficiencies for metals manufacturers, consumers and related industries. ADS provides truck transportation services through a network of company owned, leased and brokered carrier base; rail and intermodal services through a proprietary intermodal network, and distribution and material handling services through a North American network of specialized metals warehouses and transload facilities. LoMaS(R), ADS' proprietary supply chain management system, is comprised of modules that work together or can be utilized independently, and include Transportation Management, Warehouse Management, Electronic Data Interchange, Logistics Management, and Multi-modal Management. For further information, contact Dawn Thrasher, Director Public Relations and Communications, 708-922-2024, dthrasher@adslogistics.com.

About Olympic Steel

Olympic Steel is a steel service center specializing in the processing and distribution of large volumes of carbon, coated carbon and stainless flat rolled steel. The Detroit Subsidiary performs blanking, slitting and the cutting to length of flat rolled steel utilized primarily by auto manufacturers or their suppliers and integrated steel mills.