Bill Walsh, President and CEO of Navis, has decided to leave to pursue other interests. Rob Dillon, CFO, will take over as interim CEO of Navis effective immediately and work closely with the management team to facilitate the transition.

“On behalf of the Board and the Navis Management Team, I would like to thank Bill for his valuable contributions and wish him every success in his future endeavors. During his six years with the company, Bill successfully developed Navis as the leading terminal operating system provider. He has been instrumental in establishing the Navis brand and setting the global industry standard for terminal operating systems,” said Olli Isotalo, Chairman of Navis Board.

“The management team and expertise of the staff within Navis is second to none in the industry and I have every confidence in our team as we enter a new chapter and the next exciting phase in Navis’ development and innovation,” continued Isotalo.

About Navis, LLC

Navis, a part of Cargotec Corporation, is the global technology standard for managing the movement of cargo through terminals, standing the test of time. Navis combines industry best practices with innovative technology and world-class services to enable our customers to maximize performance and reduce risk. Whether tracking cargo through a port, automating equipment operations, or managing multiple terminals through an integrated, centralized solution, Navis provides a holistic approach to operational optimization, providing customers with improved visibility, velocity and measurable business results. www.navis.com

Navis, LLCAndy Barrons, +1-510-267-5148andy.barrons@navis.comorAffectKatie Creaser, +1-516-993-6584kcreaser@affect.com