Smart Move Believes the Acquisition will Dramatically Enhance Participation in Relocation Industry Programs and Leverage Synergies with Van Line Carriers DENVER, Feb. 1 /PRNewswire-FirstCall/ -- Smart Move, Inc., (AMEX:MVE) announced today that it has acquired the business assets of Star Relocation Network Alliance Inc. ("Star Alliance"), a privately owned operating division of Arpin Group Inc. The assets of Star Alliance acquired by Smart Move include trademarks, trade names and operating assets relating to Star Alliance's co-branded and private label move management programs offered to the real estate brokerage community, third party relocation companies and HR departments of major corporations. Smart Move's business activities associated with the acquired Star Alliance assets will be supported by a national call center offering personalized move counseling and customized relocation services. The purchase price was the issuance of 80,000 shares of Smart Move, Inc. common stock, and the issuance of 100,000 common stock purchase warrants with an exercise price of $1.20. In addition, the sellers could receive an additional 45,000 shares based upon an earn-out provision tied to the achievement of top line revenue performance targets associated with operations using the Star Alliance assets. Commenting on the acquisition of the Star Alliance assets, Chris Sapyta, Smart Move's Chief Executive Officer, said, "We are very pleased that we have successfully completed the acquisition of the Star Alliance. This platform will assist Smart Move in generating additional sales opportunities in the relocation industry." Smart Move expects Star to produce additional revenues generated primarily by moving referral fees. Star Alliance network will also produce opportunities for Smart Move business and increase the utilization of the SmartVault inventory with projected expansion of sales volume. Tom Magee, a 22 year veteran of the household goods industry, will also be joining the Smart Move team as part of the acquisition, and has been named Executive VP of Sales for Smart Move. Magee states "Smart Move is an innovative concept that has been long overdue in the moving industry, many of the Star Alliance member van lines and independent agents will be able to offer the Smart Move solution to their customers and we believe this will help all of our partners have a competitive edge and grow their organizations as well." About Star Alliance: The Star Alliance customer resource center provides customers with centralized coordination of both domestic and international alliance partners. Star Alliance's partners include a wide range of major service providers operating nationally and internationally: NATIONAL -- Major van line affiliations -- Over 200 strategic agency partnerships -- Network of national third party services -- Professional automobile transport service -- Exclusive fine arts service relationships INTERNATIONAL -- Worldwide agency partnerships -- Cross-border moving specializes -- Customs clearance / document preparation Cost control and service priorities are achieved for Star Alliance's customers through both operational and performance standards established for Star Move Alliance(SM) partners. Star Alliance customers are also provided with performance evaluations and every move is monitored to ensure complete customer satisfaction. http://www.starmove.com/ About Smart Move: Smart Move is an innovative logistics company providing services through deployment of a fleet of Company-owned, GPS equipped SmartVault(TM) shipping containers to execute the movement of goods. Smart Move utilizes its proprietary and licensed technologies to efficiently manage its fleet of assets, providing superior security, scheduling flexibility and expedited service on behalf of its customers and alliance partners. Smart Move sells its services direct to moving consumers as well as providing moving capacity and guaranteed logistic services to van lines and agents nation wide. http://www.gosmartmove.com/ About Arpin Group, Inc. Arpin Group, Inc. is the holding company for Arpin Van Lines, Arpin International Group, Arpin Moving Systems (Canada), Star Moving Network, and Intermodal Credit Corp. Headquartered in East Greenwich, R.I., Arpin Group is an industry leader in household goods moving, corporate, government and military relocation, and specialized transportation services. With over 100 years of experience and a reputation for excellent service, Arpin Group is the only family owned and operated company that has remained dominant and successful for more than a century. Arpin is the official mover of the LPGA, a member of the Customs Trade Partnership Against Terrorism, the American Moving and Storage Association and is fully accredited by the International Federation of International Furniture Removers (FIDI). For more information, please visit http://www.arpin.com/ and http://www.arpinintl.com/. DISCLOSURE NOTICE: The statements in this news release that are not historical statements, including statements regarding possible transactions, expected benefits of products and services, adoption by customers, continued innovation and other statements identified by forward looking terms such as "may," "will," "expect," "plan," "anticipate" or "project," are forward-looking statements. These statements are subject to numerous risks and uncertainties which could cause actual results to differ materially from such statements, including, among others, that there is no assurance that the transactions will be consummated, developments in the moving industry, competition and risks of failure to obtain consumer acceptance of innovations. Smart Move has included a discussion of these and other pertinent risk factors in its Quarterly Reports on Form 10-QSB most recently filed with the SEC and disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Contact information: Star Alliance, Tom Magee, 401-241-2354, Smart Move, Inc. Pete Bloomquist, 303-339-9558, DATASOURCE: Smart Move, Inc. CONTACT: Tom Magee of Star Alliance, +1-401-241-2354, ; or Pete Bloomquist of Smart Move, Inc., +1-303-339-9558, Web site: http://www.gosmartmove.com/ http://www.starmove.com/ http://www.arpin.com/

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