"Our supply chain is a critical part of our commitment to bringing innovative products to market faster and further increasing customer service," said Lalit Panda, SVP of Supply Chain for Harman Consumer Group. "Working with a proven logistics partner such as Ryder will help us to meet these goals while focusing on our core competencies."

Under the multi-year contract, Ryder will manage two distribution centers with a combined 600,000 square feet located in Southern California and the Atlanta area. Ryder will support the distribution of Harman's Consumer and Professional products as well as reverse logistics. Ryder's solution is designed to optimize inventory levels, improve order accuracy and efficiency, while providing consistent levels of customer service.

"For more than 50 years, Harman International has been a recognized manufacturer of quality audio and visual systems, and Ryder is honored for the opportunity to contribute to their future success," said Tom Jones, SVP and General Manager of Supply Chain Solutions for Ryder.

                    About Harman International Industries

Harman International (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment products for the automotive, consumer and professional markets. The Company maintains a strong presence in the Americas, Europe and Asia and employs more than 11,000 people worldwide. The Harman International family of brands spans some 15 leading names including AKG, Audioaccess, Becker, BSS, Crown, dbx, DigiTech, DOD, Harman Kardon, Infinity, JBL, Lexicon, Mark Levinson, Revel, QNX, Soundcraft and Studer. The Company's stock is traded on the New York Stock Exchange under the Symbol HAR.

                                 About Ryder

Ryder provides leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder's stock (NYSE: R) is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. Ryder ranks 362nd on the FORTUNE 500(R) and 1,458th on the Forbes Global 2000. For more information on Ryder System, Inc., visit www.ryder.com.

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

For Information Contact:
Edward Rifenburg
(305) 500-4161
Email Contact

Lisa Brumfield Hagen
(305) 500-3668
Email Contact

SOURCE: Ryder System, Inc.