CORPORATE OVERVIEW

Chenega Logistics is a joint venture between Horizon Services Group, a wholly owned subsidiary of Horizon Lines, Inc. (NYSE:HRZ) and Chenega Federal Systems, LLC, a Small Business Administration 8(a) subsidiary of Chenega Corporation, the third largest Alaskan Native Corporation (ANC) in Alaska.  The New Company, Chenega Logistics, LLC, has base operations located in Sioux Falls, South Dakota with a principal office in Anchorage, Alaska.  Chenega Logistics is a provider of information technology services and consulting.

Chenega Logistics will offer information technology services and consulting to Horizon Lines and other companies in the transportation industry as well as to government agencies. Services will include software and application development, database development, network and technical architecture support, technical training and help desk services.

Chenega Logistics will utilize Horizon Services Group’s experience in supply-chain, logistics and transportation solutions and processes, as well as Chenega Federal System's considerable experience in providing professional engineering services throughout the Department of Defense operational community.

Chenega Logistics will also leverage the combined existing government security expertise of Horizon Lines and Chenega Federal Systems to develop supply chain security solutions for multiple government agencies.