ModSpace Sponsoring Fundraising Bicycle Tour In Fall 2008

Modular Space Corporation (ModSpace®) is partnering with the American Red Cross as the title sponsor of the "Tour du Rouge" bicycle tour fundraising event supporting American Red Cross Chapters along the Gulf Coast.

The American Red Cross and ModSpace will jointly present the Tour du Rouge event from October 18 to October 23, 2008. Over 300 riders are expected to participate in the bicycle tour which covers areas from Houston, TX to New Orleans, LA.

"ModSpace is proud to partner with the American Red Cross, a globally respected organization that helps people at times when they need it most,” said Charles Paquin, president and CEO of ModSpace. "By sponsoring the Tour du Rouge, ModSpace demonstrates its support of the disaster relief mission of American Red Cross and in the rebuilding efforts in the Gulf Region.”

ModSpace, based in Berwyn, PA, currently serves over 3,500 customers in the Gulf Region through branch locations in Houston, TX, Beaumont, TX, Lafayette, LA, and New Orleans, LA. In addition to the use of ModSpace mobile office and storage units during the event, the Beaumont, TX and Lafayette, LA ModSpace branch locations will serve as rest stops along the Tour du Rouge route.

In addition to the half a million dollar fundraising goal, the tour will provide awareness and education in areas such as coastal erosion, economic re-development, and hurricane preparedness to residents along the Gulf Coast.

"We are so pleased to have ModSpace as our Presenting Sponsor for the Tour du Rouge,” said Davis Henderson, Chief Executive Officer of the Greater Houston Area Chapter of the American Red Cross. "Sponsoring our inaugural ride shows the company's commitment to the Red Cross and the Gulf Coast communities, where they have several locations. They're also making a very personal commitment to the Tour du Rouge because many of their employees will be participating in the ride. We are privileged to have such an involved partner in this one-of-a-kind cycling event,” concluded Henderson.

Both ModSpace and the American Red Cross have been instrumental in responding immediately to help people rebuild and recover when tragedy including hurricanes in the Gulf Region. The Red Cross provides emergency assistance when people are forced from their homes by fires, floods or other disasters. ModSpace assists in disaster relief efforts by providing temporary modular space for emergency personnel, medical assistance, and general office space or storage, construction site trailers during rebuilding efforts, and quick delivery of permanent modular building solutions.

When hurricanes Katrina and Rita devastated the Gulf Region, ModSpace responded within days by deploying hundreds of modular buildings for emergency needs. ModSpace continues to support the growth and rebuilding efforts of the Gulf Region today.