MFG.com Adds Managed Global Transportation Logistics to Online Manufacturing Marketplace

ATLANTA, Nov. 29, 2005 - MFG.com, the world's largest marketplace for sourcing and selling manufacturing services, today added a new service to streamline the timely and affordable delivery of manufactured goods sourced through its Web site. The unique partnership lets buyers and sellers securely and seamlessly add transportation via Matson Integrated Logistics to their requests for quotes (RFQs) or replies, the core activity on the marketplace.

Matson Integrated Logistics (MIL), a leader in an estimated $23.5 billion logistics industry, provides multimodal transportation services including domestic intermodal rail service, long haul and regional highway services, specialized hauling and expedited air and ground services. MIL is a Top Performer in Logistics Management magazine's Quest for Quality award for service excellence each of the last four years.

MFG.com users who create or respond to an RFQ will have the opportunity to work through Matson Logistics to develop a customized transportation solution for shipments of a pallet or larger. MFG.com's relationship with Matson gives users preferred pricing on Matson services, enabling users to save money on every RFQ they execute.

"MFG.com connects buyers and suppliers around the globe and each RFQ that passes through MFG.com will have engineered-to-order components that will need to be delivered," said Mitch Free, president and CEO of MFG.com. "We decided to help streamline the process and provide logistics management, along with special pricing to the MFG.com community. Logistics considerations are part of the RFQ creation and quoting process, and now the MFG.com community has convenient, yet highly flexible options with Matson."

The MFG.com/Matson relationship directly addresses supply chain needs outlined in AMR Research's April 2005 report "Contract Manufacturing at a Cross Roads: Brand Owner Need for Visibility." These needs include:

• A wider range of supply and logistics services for brand owners.
• The ability for parties in long-distance, overseas contract manufacturing relationships to be more responsive to volatile demand.
• More coordination points between brand owners and contract manufacturers because of an expanding range of outsourced services, including the creation of finished goods, configuration to order, and delivery to the customer's distribution center, assembly line, warehouse or end customer's address.
• Automation of information transfer and business processes between buyers and suppliers.

"Our partnership with MFG.com can help turn a low-volume regional supplier into a high-volume global supplier and simultaneously expand procurement options for purchasing agents and design engineers," said Matson VP of Marketing Gary Eyring. "With global competition increasing, getting the goods in the right place at the right time is critically important to supply chain success."

About Matson
Matson provides ocean transportation, intermodal and logistics services, primarily in U.S. domestic markets. Matson is a wholly owned subsidiary of Alexander & Baldwin, Inc. of Honolulu (NASDAQ: ALEX).

About MFG.com
MFG.com is the largest global online marketplace for the manufacturing industry. MFG.com instantly and intelligently matches sourcing professionals and engineers with suppliers who have the right expertise and capacity to manufacture parts and tooling on demand in accordance with their engineering drawings and CAD files. MFG.com's on-demand service is consolidating the once- fragmented world of manufacturing into an efficient marketplace, enabling products to be sourced and built more easily, quickly, inexpensively, and at higher quality levels. For more information, please visit http://www.MFG.com.