Landstar, Inc.
PINK SHEETS : LDSR

Landstar, Inc.

August 17, 2010 13:08 ET

LandStar, Inc. (LDSR) New Project Negotiation in Dongguan Port

WUHAN, CHINA--(Marketwire - Aug. 17, 2010) - LandStar, Inc.'s (PINK SHEETS:LDSR) (http://www.landstarcorp.com) subsidiary Hubei Chuguan Industrial Co., Ltd. announces that the company submitted a new proposal in Dongguan for an oil and gas recovery installation.

Hubei Chuguan Industrial Co. Ltd. submitted a proposal for installation of its oil and gas recovery technology for the Dongguan Sanjiang shipping port oil depot, and both companies have been communicating closely about the installation details. The shipping port oil depot recognizes the upside of the Hubei Chuguan Technology, and the companies had been communicating and identifying the specific technical processes and issues and commenced the negotiation regarding the price.

The Marketing Director of Hubei Chuguan, Long Zegui, said, "Our outstanding sales force has been in close contact with the representatives of the Dongguan Sanjiang shipping port oil depot. We want to satisfy our customers, exceed their expectation and answer all the questions to create a clear image of construction prerequisites and processes. We take time to take care of our customers as a satisfied customers bring new opportunities."

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Information in this news release may contain statements about future expectations, plans, prospects or performance of LandStar, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. LandStar, Inc. cautions you that any forward-looking information provided by or on behalf of LandStar, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. LandStar, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond LandStar, Inc.'s control. In addition to those discussed in LandStar, Inc.'s press releases, public filings, and statements by LandStar, Inc.'s management, including, but not limited to, LandStar, Inc.'s estimate of the sufficiency of its existing capital resources, LandStar, Inc.'s ability to raise additional capital to fund future operations, LandStar, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match LandStar, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. LandStar, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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