OmniTRAX-Affiliated Illinois Railway and Chicago Rail Link Receive Federal Grant for Positive Train Control Implementation

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DENVER – OmniTRAX, Inc., one of the largest privately held transportation service companies in North America and an affiliate of The Broe Group, is pleased to announce the Chicago Rail Link, LLC (CRL) and Illinois Railway, LLC (IR) were awarded a grant by the Federal Railroad Administration (FRA) for the deployment of Positive Train Control (PTC) technology on the two lines. Under the FRA’s Consolidated Rail Infrastructure and Safety Improvements Grant Program, the CRL and IR will receive funds representing 70 percent of the PTC implementation costs.

The CRL and IR are required to deploy PTC on five locomotives they operate because their freight trains run on two of the busiest commuter corridors on Metra, the Chicago area’s passenger rail line. Specifically, CRL and IR must deploy PTC to maintain freight connectivity for customers on CRL between Mokena and Gresham and on the IR between Aurora and Eola.

“OmniTRAX is passionate about safety and putting PTC technology on the CRL and IR will make two of the safest short line railroads in the country even safer. The grant will allow scarce capital to be spent on targeted track upgrades and other safety and efficiency enhancements,” said Kevin Shuba, CEO of OmniTRAX.

“Our focus on safety and customer service is enhanced by the partnerships we have with strong and effective transportation policy leaders in Springfield and Washington. In addition to the support of Senators Duckworth and Durbin, Illinois Transportation Secretary Randall Blankenhorn was also an early and strong supporter of this safety improvement grant.”

Both US Senators Durbin and Duckworth strongly backed the grant and are gratified to see it awarded to the OmniTRAX -affiliated rail lines.

“Implementing PTC is vitally important to ensuring that our railroads have the highest level of safety for millions of riders and workers in Illinois and around the country,” Sen. Dick Durbin said. “Implementing PTC saves lives. With Chicago being the largest hub in the railroad industry, Senator Duckworth and I will continue working to ensure that our rail agencies have the federal resources needed to ensure safe and reliable transportation.”

About OmniTRAX, Inc.

As one of North America’s largest private railroad and transportation management companies, OmniTRAX’s core capabilities include providing management services to its affiliated railroad, port, 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.

Media Contact:

Ronald Margulis

RAM Communications

+1 908.272.3930

ron@rampr.com