ILS Announces Acquisition of NABS, Inc.
October 18, 2006 - Cleveland, OH - Integrated Logistics Solutions, a subsidiary of Park-Ohio (NASDAQ: PKOH), announced that it has acquired all of the outstanding capital stock of NABS, Inc. (NABS), headquartered in New York City with annual revenues of approximately $45 million. NABS is a premier international supply chain manager of production components providing services to high technology companies in the computer, electronics, and consumer products industries. NABS has 14 international and 5 domestic locations.

Park-Ohio Chairman and Chief Executive Officer Edward F. Crawford said, "The NABS acquisition will fast forward our supply chain management business worldwide. The combination of a world-class management team and the addition of a blue chip customer base will dramatically accelerate ILS' long term international strategy."