ALX Pallet Systems Retains Leonard Capital Markets

TROY, Mich.–(BUSINESS WIRE)–ALX Pallet Systems, LLC (ALX) announces today that the company has retained Leonard Capital Markets to assist in raising growth capital and securing strategic partnerships. ALX is a Mi-based product and logistics company. Leonard Capital Markets is the investment banking division of Leonard & Company, Michigan’s largest independent full-service brokerage firm.

The ALX pallet is the only pallet in the world to win the coveted Green Flame award for innovative excellence in fire safety, structural safety, environmental sustainability and toxicology. At the same time the ALX Pallet maintains its commercial competitiveness with pooled wooden and plastic pallets.

“The industry’s acknowledgement that ALX provides the only cost effective true green solution has resulted in a significant increase in business demand, which in turn has created an immediate requirement for additional capital and operating partnerships,” said Thomas R. Clinton, founder and CEO, ALX Pallet Systems.

ALX reports in the past 90 days it has received numerous requests from consumer goods, pharmaceutical and technology companies to provide supply chain solutions utilizing its patent pending aluminum pallet technology.

Leonard Capital Markets was selected to assist ALX with its financial and operational challenges due to its experience in completing international strategic partnerships, its background as both operators and financial executives and the fact that it is a fully licensed securities firm.

“Leonard Capital Markets is excited to represent ALX and believes that the industry is actively searching for an environmentally friendly aluminum pallet solution. Our initial industry response has been highly favorable and we expect to close a transaction in 2010,” said Gregory S. Buck, President. Leonard Capital Markets.

About ALX Pallet Systems

ALX Pallet Systems, LLC (www.alxpallet.com) is a Michigan-based product and logistics company located in Detroit, the heart of high volume lean & agile manufacturing and advanced assembly technologies. The Company is led by seasoned industry experts from world class companies. The ALX Pallet has received the Green Flame Award from the SP Technical Research Institute of Sweden. The pallet’s performance has been proven through stringent test criteria in the most demanding services within Fortune 50 CPG, Food, IT and pharmaceutical companies, while interfacing with every piece of manufacturing and handling equipment commonly in use today. Its dimensions, payload capacity, longevity and other key attributes can be customized to meet specific captive use requirements and ensure optimal performance.

About Leonard & Company

Founded in 1989, Leonard & Company is a federally registered securities broker-dealer, an SEC Registered Investment Advisor and a member of FINRA and SIPC. Headquartered in Troy, MI., Leonard & Company (www.leonardandcompany.com) is a regional investment firm providing full service brokerage services, with offices across Michigan and in Colorado, Florida, and New York. Leonard Capital Markets focuses its practice on delivering investment banking and corporate finance solutions to second stage growth companies and corporations seeking to maximize shareholder value through merger & acquisition strategies, and to those companies that are experiencing business succession challenges.

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