SOURCE: Integrated Freight Corporation

March 30, 2010 09:30 ET

PlanGraphics, d/b/a Integrated Freight Corporation Signs Letter of Intent to Acquire M. Bruenger Trucking Co., Inc.

LUTZ, FL--(Marketwire - March 30, 2010) -   PlanGraphics, d/b/a Integrated Freight Corporation (OTCBB: PGRA) (www.integrated-freight.com) announced today that it has signed a Letter Of Intent to acquire M. Bruenger Trucking Co., Inc. of Wichita, Kansas. The acquisition is subject to due diligence and other conditions.

Since 1936, M. Bruenger Company has been a quality service carrier, specializing in both the refrigerated and dry freight market. They are one of Kansas' largest refrigerated and dry van carriers. Bruenger's authority has expanded to include aviation materials, canned goods, foodstuffs and many general commodities. Bruenger also moves produce with service into Canada. Service is coast to coast with a modern fleet of refrigerated and dry van trailers with a host of long haul tractors and experienced drivers. The heart of service radiates from the central dispatch in Wichita, Kansas, with 160 tractors, 187 refrigerated units and 30 dry vans. Bruenger's 2009 revenues were over $21 million.

Paul Henley, CEO of Integrated Freight, remarked, "Bruenger will be a tremendous addition to our growing national network of synergistic carriers. They have a strong management team, a strategic location for Integrated Freight Corp. and a long respected history in the industry."

PlanGraphics recently acquired Integrated Freight Corporation in a "reverse merger" and has filed a preliminary Schedule 14C with the SEC to obtain stockholder approval of a name change to "Integrated Freight Corporation" and a reverse stock split of 1 to 244.8598. PlanGraphics is registered under the Securities Exchange Act of 1934. PlanGraphics provides truckload motor freight services through two subsidiaries, Morris Transportation located in Hamburg, Arkansas and Smith Systems Transportation located in Scotts Bluff, Nebraska. For more information about the Company, please visit http://www.integrated-freight.com.

The foregoing press release contains forward-looking statements, including statements regarding the company's expectation of its future business and earnings. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the company's control. Actual results could differ materially from these forward-looking statements.

Contact Information

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