NEW YORK, Nov. 24 /PRNewswire-FirstCall/ -- Clark Holdings Inc. (NYSE Alternext US, LLC: GLA; GLA.U; GLA.WS), a non-asset-based provider of mission-critical supply chain solutions, today announced that Clark Distribution Systems, Inc., its wholly owned subsidiary, has signed an agreement with American Media Inc. (AMI) to serve as exclusive single copy newsstand distributor for AMI's 7 weekly and bi-weekly titles. Under the terms of the agreement, Clark will distribute AMI publications to regional wholesalers for ultimate sale at approximately 100,000 retail outlets throughout the United States and Canada. This amounts to over 6 million copies distributed weekly. American Media, Inc publishes weekly, bi-weekly and monthly general interest magazines, including The National Enquirer, Globe, Star, National Examiner, Sun, Country Weekly, MIRA, Muscle & Fitness, Shape, Men's Fitness, Muscle & Fitness Hers, Flex, Fit Pregnancy, Natural Health and others. Timothy Teagan, President and Chief Executive Officer of Clark Group, Inc. said, "This exclusive deal significantly increases business with a long-time customer who publishes some of the nation's most popular titles. In addition, it further validates Clark's leadership position as logistics firm of choice for leading U.S. publishers." "Clark has provided outstanding service to AMI over a long period and as we seek to streamline and make more efficient our circulation activities they were the obvious choice to move forward with on exclusive basis," stated John D. Swider, Executive Vice President, Operations, American Media Inc. About Clark Over its 30-year history, Clark has built a position as the leading independent provider of value-added distribution, transportation management, and international air and ocean freight forwarding services to the print media industry. About American Media, Inc. American Media, Inc. is the leading publisher of celebrity journalism and health and fitness magazines in the U.S. These include Star, Shape, Men's Fitness, Fit Pregnancy, Natural Health, and The National Enquirer. In addition to print properties, AMI owns Distribution Services, Inc., the country's #1 in-store magazine merchandising company. This press release may contain certain forward-looking statements including statements with regard to the future performance of Clark Holdings. Words such as "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements inherently involve certain risks and uncertainties that are detailed in Clark Holdings' filings with the Securities and Exchange Commission. Clark Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. DATASOURCE: Clark Holdings Inc. CONTACT: Jeff Majtyka or Brad Edwards (Investors), or Jenna Focarino (Media), all of Brainerd Communicators, Inc., +1-212-986-6667

Copyright