SOURCE: Wall Street News Alert

September 28, 2005 09:52 ET

Emerging Public Company Moving Forward to Establish Cargo Logistics Infrastructure Prior to Inaugural Flights!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- September 28, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: TransGlobal Logistics, Inc. (OTC: TLGI), Pfizer Inc (NYSE: PFE), Google (NASDAQ: GOOG) and SBC Communications (NYSE: SBC).

Aggressive investors and day traders may take a look at TransGlobal Logistics, Inc. (OTC: TLGI) this morning! Yesterday after the markets closed, the company issued a press release announcing that it has selected Freight Path Air Cargo Software by FreightPath LLC of Mount Prospect, Illinois as its cargo processing software for all company air cargo operations.

News of the forward progress may be welcomed by investors, as the company will be installing the software and training company personnel in its use prior to beginning air cargo operations in November! In addition, the company will be finalizing the acquisition of two Panamanian based companies to provide the additional logistics infrastructure to support the company's inaugural air cargo service, which will be provided by the company's air cargo affiliate, Panama International Air Express (PIA Express), between Central and South America and the United States.

Watch this company! According to the press release, the implementation of Freight Path, combined with the addition of these new companies in Panama, and the opening of freight logistics offices in Fort Lauderdale and Los Angeles will enable the company to establish contracts and begin moving air cargo for both South to North and North to South routes through third party carriers prior to beginning flight operations by PIAExpress. This bottom up strategy will enable Trans Global to establish sufficient cargo bookings prior to its inaugural flights, and thus ensure maximum cargo capacity is obtained from the start-up of flight operations.

Investors should continue to monitor the progress of TransGlobal Logistics for further developments! Gus Cervera, President and CEO of Trans Global, stated, "We are concentrating on executing our business plan, one step at a time, to ensure that we minimize our costs while maximizing the efficiency of our operations. We consider the turmoil in the general aviation sector to be an unparalleled opportunity for our company, since cargo volume and rates continue to increase, while the flexibility of our potential competitors is constrained by their legacy costs, higher than projected fuel costs, and high fixed costs. We are positioning ourselves to take advantage of the increasing profitability of cargo operations to and from Latin America, while avoiding the cost structure and predecessor issues hampering other airlines."

For updated in-depth coverage and a company profile of TransGlobal Logistics, visit

Prior to the press release, the stock closed yesterday at $1.30 per share.

In case you are not familiar with the company: TransGlobal Logistics is a Florida based holding company focused on the establishment of a regionally dominant inter-modal transportation group that is consolidating and combining a number of existing transportation and travel companies in order to provide transportation services under a single management umbrella. Through elimination of redundant administrative costs, and by maximizing the business synergies between its subsidiaries, TransGlobal will be able to create an organization that is more efficient and profitable than the sum of the individual components. By combining both management and transportation infrastructure in one organization, TransGlobal will be able through its acquisition strategy to vertically and horizontally integrate the necessary services required for the movement of people and cargo throughout the region.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Pfizer Inc. (NYSE: PFE) down 1.5% on 22.5 million shares traded, Google, Inc. (NASDAQ: GOOG) down 0.1% on 6.8 million shares traded and SBC Communications Inc. (NYSE: SBC) down 0.8% on 8.1 million shares traded.


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