Message #17 From:
Stock News Bot Date: September 5, 2006 05:00:00 AM
JLWT News Janel Group and Order Logistics Enter into a Strategic Agreement to Provide Joint Global Supply Chain Services to Its Client Bases
JAMAICA, N.Y.--(BUSINESS WIRE)--Sept. 5, 2006--Janel World Trade, Ltd. (OTCBB:JLWT.OB) and Order Logistics, Inc. (PINKSHEETS:ODLG) (www.orderlogistics.com) today announced that they have entered into a Strategic Memorandum of Understanding which is designed to mutually benefit both companies by expanding and marketing joint global supply-chain capabilities to both companies' global and domestic customers. The relationship will address four major components in the areas of: global freight forwarding, global quality management, global sourcing support and leading edge supply-chain technology, all currently offered by both companies.
"We are thrilled to be working more closely with Order Logistics and we think this agreement represents a great opportunity to benefit our current customers and grow our respective businesses," said James Jannello, Janel's CEO. "Order Logistics offers a unique approach to web order management with their Solve(IT)2 platform and an engaged online quality management tool with iPQA, which drives real time visibility to quality management processes in multiples of countries, factories and contract vendors. Working together, we can create more value for our individual and joint clients."
"Our customers will benefit from the combination of Order Logistics' and Janel's leading technology and services, providing them with one of the best supply chain management experiences available," said Paul McCreary, Executive Vice President of Business Solutions for Order Logistics. "This partnership with Janel provides us with a great opportunity to further extend our global services with a truly high-end 'one stop shop' for freight services and supporting technology."
About Janel World Trade, Ltd.
Janel World Trade Ltd. is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution and other transportation-related services. Additional information on Janel World Trade is available on the Internet at www.janelgroup.com or www.janelgroup.net.
About Order Logistics
Order Logistics, Inc. is helping great companies discover, manage and execute their most effective global supply chain strategies.
The Order Logistics team, technology, solutions, and dedicated transportation resources allow organizations to have world-class visibility, information and controls without disrupting existing plans, processes, partnerships, and information systems. By leveraging technology, business solutions, operational expertise, and a centralized capacity network of transportation providers to take advantage of logistical opportunities, Order Logistics provides end-to-end solutions for its customers. This allows each customer to gain control over their unique distribution network and utilize their existing information systems to their full capacity.
President, Brian Griffin and ODLG are featured on the MacReport.Net, a leading provider of online business and financial information. To listen to Mr. Griffin's presentation go to the following link:
This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except as required by law, the Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
