Grand Power Logistics Group Inc.
TSX VENTURE : GPW

Grand Power Logistics Group Inc.

April 27, 2011 09:09 ET

Grand Power Subsidiary Announces Exclusive Partnership With Necko Freight Forwarders for India, Hong Kong and Greater China

CALGARY, ALBERTA and HONG KONG, CHINA--(Marketwire - April 27, 2011) - Grand Power Logistics Group Inc. ("Grand Power" or the "Company") (TSX VENTURE:GPW), a leading China-based international logistics provider, is pleased to announce its subsidiary, Grand Power Express International Limited ("GP Express"), has signed an exclusive partnership contract with Necko Freight Forwarders Ltd. (a subsidiary of Budget Couriers Pvt Ltd.) to develop airfreight and ocean freight markets between India, Hong Kong and Greater China.

Necko (Budget Logistics) is one of the leading integrated service providers in the logistics and express distribution industry in India. Headquartered in New Delhi, Necko has over 10 offices in India and provide courier, logistics solution, supply chain solutions, warehousing, merchandise trading support and consultation in freight and logistics.

As a master co-loader in Hong Kong and China, GP Express coordinates with Necko for daily regular air shipment export from Hong Kong, Shenzhen, Guangzhou, Shanghai and other major cities to main airports in India. In addition to being an aggressive developing freight forwarding partnership, GP Express and Necko will develop further strategies for business development and opportunities.

"The Necko partnership represents an unique opportunity for Grand Power to develop the Indian, Hong Kong and Chinese air and ocean freight markets. We are excited about our relationship with Necko and look forward to working together to develop and profit from additional opportunities." said Ricky Chiu, President and CEO, Grand Power Logistics Inc.

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 and Guangzhou. GP Express also operates in other regions through Subsidiaries and Branch Offices or Supporting Offices in Shanghai, Beijing, Tianjin and Xiamen. For more information visit http://www.grandpowerlogistics.com

Forward-looking Information

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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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