SOURCE: Distribution Management Services, Inc.

January 16, 2008 09:00 ET

Distribution Management Services, Inc. ("DMGS") Announces Acquisition of Airborne Security, Corp.

MIAMI, FL--(Marketwire - January 16, 2008) - The Board of Directors of Distribution Management Services, Inc. (PINKSHEETS: DMGS) is pleased to announce that the New Year is shining brightly on this Company, as it enters the private security arena.

Currently, AIRBORNE SECURITY, CORP., a newly acquired acquisition, is providing professional armed and unarmed security services to a wide variety of commercial and residential properties and companies throughout South Florida with plans to immediately develop an aggressive expansion program throughout the entire State of Florida. AIRBORNE is poised to triple its revenue in 2008.

Toward that end, a Palm Beach office of AIRBORNE will be opened for operations on February 1, 2008.

Meanwhile, the Company continues its efforts to complete the sale of the 174 building sites in Poinciana, Florida, pursuant to the provisions of the Agreement for the sum of $8,700,000 which is now scheduled to close on February 20, 2008. The stockholders should note that as soon as such closing is effected the dividend committed will be paid from the proceeds of the closing to stockholders of record as of December 20, 2007.

We all look forward to serving the Company and its stockholders and investors.

For further information call Leo Greenfield, President, DISTRIBUTION MANAGEMENT SERVICES, INC., Telephone 305.893-9270; Fax 305.893-6696, 11601 Biscayne Boulevard, Miami, FL 33181.

(U.S. Federal Law requires DMGS to notify readers that certain statements made in this announcement are subjective. Consequently, DMGS seeks "safe harbor" for these forward-looking statements pursuant to the Private Securities Litigation Reform Act of 1995).

Contact Information

  • For further information call:
    Leo Greenfield
    President
    DISTRIBUTION MANAGEMENT SERVICES, INC.
    Telephone 305.893-9270
    Fax 305.893-6696
    11601 Biscayne Boulevard
    Miami, FL 33181