Grand Power Logistics Group Inc.

Grand Power Logistics Group Inc.

March 07, 2008 10:45 ET

Grand Power Joins Asia-Pacific Gateway and Corridor Initiative

CALGARY, ALBERTA AND HONG KONG, CHINA--(Marketwire - March 7, 2008) - Grand Power Logistics Group Inc. ("Grand Power" or the "Company") (TSX VENTURE:GPW) is pleased to announce that the Company has recently participated in the Government of Canada's Round Table conference in Hong Kong on the Asia-Pacific Gateway and Corridor Initiative (APGCI).

APGCI was launched in 2006 by the Government of Canada to demonstrate Canada's commitment to collaborate with provincial and municipal governments, private sector leaders, airport, rail, and port authorities, and other stakeholders in Canada and the Asia Pacific Region.

The Asia-Pacific Gateway and Corridor is a network of transportation infrastructure facilities including the British Columbia Lower Mainland and Prince Rupert ports, principal road and rail connections extending across western Canada and south to the United States, key border crossings, and major Canadian airports.

Specifically, through the participation and support of its members, the Initiative seeks to boost Canada's commerce with the Asia-Pacific region, increase the Gateway's share of North America bound container imports from Asia, and improve the efficiency and reliability of the Gateway for Canadian and North American exports.

Senior Management from Grand Power attended the Company's first Round Table conference held recently in Hong Kong to discuss ways to increase trade and shipping between Asia and Canada. This is especially with regards to making routes to Canada more attractive, with higher capacity load factors from Canada back to Asia, and also cargo destined for Canada which is sent to the U.S.A first and then trucked or railed into Canada.

Mr. Ricky Chiu, President and CEO of Grand Power Logistics Group, said "We are honored to be invited to participate in this initiative. We look forward to working with other members of APGCI to do what we can to further develop and improve the efficiency of the infrastructure necessary to expand trade and commerce between Canada and the Asia Pacific Region."

Chiu adds, "Through this initiative with the government and with the support of Canadian Airport Authorities, Grand Power hopes to take a leading role in the ever increasing amount of traffic and revenue generated as the logistics markets between Asia and Canada grow rapidly."

About Grand Power Logistics Group Inc.

Grand Power Logistics Group Inc. operates principally through its wholly owned Hong Kong based subsidiary, Grand Power Express International Limited (GP Express) and provides air-freight forwarding and sea-freight services, customs brokerage, logistics, warehousing and distribution, as well as other value added services. GP Express has established operations in various regions, particularly in the Greater Pearl River Delta (GPRD), China's largest economic region. GP Express' Subsidiaries or Branch Offices in this region are located in Macau, Shenzhen, Guangzhou, Jiangmen and Chenghai. GP Express also operates in other regions through Subsidiaries and Branch Offices or Supporting Offices in Shanghai, Taipei, Bangkok and Los Angeles.

Forward-looking statements: Statements included in this press release that are not historical facts may be considered "forward looking statements". All estimates and statements that describe the Company's objectives, goals or future plans are forward looking statements. Forward-looking statements involve inherent risks and uncertainties where actual results could differ materially from those currently anticipated.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information