Stockton Terminal and Eastern Railroad Unveils New Environment-Friendly Locomotive

DENVER–(BUSINESS WIRE)–OmniTRAX, Inc., one of the largest privately held transportation service
companies in North America and an affiliate of The Broe Group, and the
Stockton Terminal and Eastern Railroad (STE) held a ribbon-cutting
ceremony today for a new environment-friendly locomotive at the STE
depot in San Joaquin County, CA. It was purchased with the help of a
grant from the San Joaquin Valley Unified Air Pollution Central District
(UAPCD).

The new STE locomotive is a KLW SE10B T4L unit built by Knoxville
Locomotive Works (KLW) in Knoxville, TN. It is EPA Tier-4 compliant
delivering 1,050 HP from an MTU 2000 V12 prime mover and features a new
paint scheme that matches the OmniTRAX brand.

“This new state-of-the-art locomotive is the result of hard work by many
individuals from the San Joaquin Valley Unified Air Pollution Central
District, OmniTRAX, KLW and other stakeholders, and will enhance the
quality of life in Stockton and nearby communities. The Stockton
Terminal and Eastern Railroad wouldn’t have been able to replace its old
locomotive without their determined effort,” said Kevin Shuba, CEO of
OmniTRAX.

“We also appreciate the ongoing support of Congressman Jerry McNerney,
who has been vigilant in promoting tax credits for environment-friendly
rail projects at the federal level, and the other state and local
officials who are trying to advance sustainable transportation.”

The grant was part of the UAPCD’s Locomotive Program, which provides
incentive funds for the replacement of older locomotives with new,
energy efficient models. It is one of several voluntary incentive
programs targeted at reducing emissions throughout the Valley that the
District administers.

“This project is a major step in our efforts throughout the Valley to
improve public health through financial incentives to reduce pollution.”
“Improving the health and quality of life in disadvantaged communities
such as around the Port of Stockton is important to me and the Air
District,” said Stockton City Councilmember and Valley Air District
Governing Board Member Christina Fugazi.

“Despite major reductions in emissions, the Valley continues to face
difficult challenges in meeting federal air-quality standards,” said
Samir Sheikh, the Executive Director / Air Pollution Control Officer of
the Valley Air District. “It will be difficult for the Valley to attain
the standards for ozone and particulates without these innovative
low-emission locomotive projects.”

OmniTRAX is currently working to make sure the STE’s previous
locomotive, a historic

60-year old SW 1200 class switcher, is preserved and finds an
appropriate new home.

About The San Joaquin Valley Air Pollution Control District

The San Joaquin Valley Air Pollution Control District is made up of
eight counties in California’s Central Valley: San Joaquin, Stanislaus,
Merced, Madera, Fresno, Kings, Tulare and the San Joaquin Valley Air
Basin portion of Kern. The Valley Air District is governed by a fifteen
member Governing Board consisting of representatives from the Board of
Supervisors of all eight counties, one Health and Science member,
appointed by the Governor, one Physician, appointed by the Governor and
five Valley city representatives. More information is available at http://www.valleyair.org/.

About OmniTRAX, Inc.

As one of North America’s largest private railroad and transportation
management companies, OmniTRAX’s core capabilities range from providing
management services to railroad and port services and to intermodal and
industrial switching operations. Through its affiliation with The Broe
Group and its portfolio of managed companies, OmniTRAX also has the
unique capability of offering specialized industrial development and
real estate solutions, both on and off the rail network managed by
OmniTRAX. More information is available at www.omnitrax.com.

About The Broe Group

Based in Denver, The Broe Group and its affiliates form a
privately-owned, multi-billion dollar real estate, transportation,
energy and investment organization with assets owned and managed across
North America. Together, Broe managed companies employ more than 1,000
people and provide employment for thousands of others through operations
such as its Great Western Industrial Park in Northern Colorado. Its
transportation affiliate, OmniTRAX, Inc., is one of North America’s
largest private railroad and transportation management companies
specializing in: management services, railroad and port services,
intermodal solutions and industrial switching operations. Its energy
affiliates include Great Western Oil & Gas Company, the largest private
operator in the third most prolific U.S. basin. Broe Real Estate Group
acquires, develops and manages office and industrial properties, medical
office buildings and multi-family communities across the country,
including premier assets in many of the most desirable markets. The Broe
Group also has multiple investment affiliates, including Three Leaf
Ventures, which is focused on innovative healthcare technology
start-ups. For more information, visit broe.com.

Contacts

Media:
Ronald Margulis
RAM Communications
+1
908.272.3930
ron@rampr.com

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