ABS Procurement Company is wholly owned by Albertson's Inc. ABS Procurement Co., located in HungHom Kowloon Hong Kong, has been established as the global sourcing office for Albertson's. All vendor communications, supplier selection and negotiations will be handled through this office. All corporate communication will be handled by ABS Procurement. Albertson's is one of the largest food and drug chains in the United States. Based in Boise, Idaho, the Company employs more than 230,000 associates and operates approximately 2,500 retail stores in 37 Northeastern, Western, Midwestern, Southern and New England states. Total company revenues in FY2004 exceeded US $40 billion. Albertson stores operate under the trade names of Albertsons, Jewel-Osco, Acme, Albertsons-Osco, Albertsons-Sav-on, Sav-on-Drugs, Osco Drugs, Super Saver, Star Markets, Shaw Supermarkets and Bristol Farms. ABS Procurement desires collaborative working relationships with suppliers in the areas of category management, direct product sourcing and supply chain management. Albertson is focused on driving major improvements in promotion, assortment planning, procurement, vendor management and supply chain processes.