SOURCE: Optimized Transportation Management, Inc.

April 29, 2010 04:00 ET

Agents Receive Equity as They Build Revenue for Optimized Transportation Management, Inc.

PITTSBURGH, PA--(Marketwire - April 29, 2010) -  Optimized Transportation Management, Inc. (OTCBB: OPTZ), the Pittsburgh, Pennsylvania based freight transportation services and supply chain solution enterprise, has added six new agents to its roster.

Chief Operating Officer, and recently appointed company President, Larry Berry has high hopes for the agents, who will act as a middle-man facilitating more cost-effective interaction between companies and their shipping providers.

In addition to the most recent six, Mr. Berry anticipates as many as 25 new agents, bringing in as much as $50 million in new revenue by the close of 2010.

"With the pending financing, we can add agents and fleets to quickly grow the company," Mr. Berry said. Already, the company is awaiting the finalization of 15 new agent contracts estimated to produce $30 million in revenue.

Unlike many corporations where agents and the company have a one-way relationship, Optimized provides its agents with greater sales incentives in the form of common stock in the company.

"We are perhaps the only company that offers these independent agents the possibility of hitting a financial home run. The more revenue they produce the greater their stock position and the more likely it is for them to reach their financial goals," Berry says.

Berry, who was among the founding management and board members of Landstar System Inc., is confident in his well-tested business strategies and has noted first hand the success of commissioned agents.

"Landstar evolved into a global logistics provider," Berry said, drawing a comparison between Optimized and the now over $40 per share brand he helped to build. "We are starting with that strategy. We are both similar in that we will focus on commissioned agents as well as mergers and acquisitions."

"I've been here before," he said "I know where we're going; and more importantly, I know how to get there."

About Optimized Transportation Management, Inc. (OTCBB: OPTZ):
Headquartered in Philadelphia, PA, Optimized Transportation Management, Inc. is a supply chain logistics company that provides clients with global freight and operations management services. The company's website is www.OTMIonline.com.

Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of The Company to complete the proposed acquisition(s), the results of The Company's due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of The Company to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings. The closing of any transaction will be subject to complete due diligence, inspections, and completion of audited financial statements in accordance to GAAP as required by the SEC prior to consummation.

Contact Information

  • Contact:
    Optimized Transportation Management, Inc.
    Investor Relations - Uptick Marketing, Inc.
    IR@UptickMarketing.com
    (702) 277-4075