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Jan 1, 2002 12:00 PM

EXSIF Worldwide Inc has acquired tank container management agreements from TPI Equipment Management Ltd, effective Dec 1, 2001. Transferred agreements cover TPI's managed equipment fleet and ancillary units totaling 3,300 ISO tank containers and tank chassis. These are leased to international chemical companies and tank logistic operators specializing in bulk liquid transportation and storage.

EXSIF is headquartered in Purchase NY with regional offices in Houston TX; Versailles, France; and Singapore; and sales offices in Hamburg, Germany; London, England; Tokyo, Japan; Sydney, Australia, and Shanghai, China. It will have a combined tank container and chassis fleet of more than 27,000 units.

Transfer of the agreements takes effect immediately, and the tank fleet will be integrated into EXSIF's global operating infrastructure during January 2002.