Press Release

Federal Wins Great Game of Business Award!
March 20, 2007

Federal Warehouse Company, East Peoria, IL was named Winner of the Special Achievement Award for Business Literacy by the Great Game of Business at the 2007 National Gathering of Games Conference in St. Louis last week.

The National Gathering of Games is the only practitioner led conference on open-book management and creating an ownership culture.

Sweeping across the country and the world, open-book management has grown from a mere curiosity to a significant and profitable business tool. Building on the open-book philosophy, The Great Game of Business takes the basic components needed to win at any game and applies them to the art of running a business.

William T. Cirone, President and CEO of the Federal Companies, stated, “Winning this award is truly an honor and a testament to all of Federal’s employees who have demonstrated the effort, execution, and willingness to adapt to an ownership culture.”

Jack Stack, President and CEO of SRC Holdings Corporation and founder of The Great Game of Business has learned by experience that if you are going to play “It”, why not go all the way.

Federal Companies, a 94 year old, fourth generation company headquartered in East Peoria, Illinois. Federal also provides services in household moving and relocation, warehousing and distribution, retail delivery and freight brokerage, and vital records storage and the transportation of motorcycles for leisure or road rallies. Federal Companies has facilities in Waukegan, Glendale Heights, Frankfort, Bloomington, Champaign, Decatur, Springfield, and Moline, Illinois. In addition, Federal also has locations in Milwaukee, Wisconsin and St. Louis, Missouri. You can visit Federal on the web at www.federalcos.com, www.funtransport.com or call Jeff Bogdan at 1-800-613-0208.

The ultimate goal of The Great Game is to produce engaged employees, because engaged employees are motivated, informed and excited about coming to work, because they know how and why their job affects the company's bottom line. To find out more about The Great Game of Business you can visit them on the web at www.greatgame.com.