SOURCE: myFreightWorld Technologies Inc.

myFreightWorld Technologies Inc.

September 24, 2010 09:00 ET

Grass Roots Research and Distribution Initiates Research Coverage on myFreightWorld Technologies

OVERLAND PARK, KS--(Marketwire - September 24, 2010) -  myFreightWorld Technologies Inc. (PINKSHEETS: MYFT) announced today that Grass Roots Research and Distribution, Inc. has initiated research coverage on the Company with a buy recommendation and a price target of $0.88 per share. A direct download of the report with full disclaimer information is available by logging on to www.grassrootsrd.com.

"We expect significant growth potential from MYFT's prolific acquisition of All Modes Transport and expansion of current business divisions. Revenues are expected to grow from $64.0 million for fiscal year end (FYE) December 31, 2010 to more than $363.3 million by FYE 2015," according to the report by Grass Roots Research. "MYFT is an exciting long term investment for long term risk-averse investors." Individual and institutional investors are encouraged to visit www.grassrootsrd.com to learn more about myFreightWorld.

About Grass Roots Research and Distribution, Inc.
The Cohen Independent Research and Grass Roots Research brand names are recognized worldwide for their comprehensive and objective micro cap and small cap research. Grass Roots Research has raised the bar for uniquely insightful, critical analysis research by forecasting and valuing all of its companies in three separate result cases over a 5 year time period, which encompasses key data from the Income Statement, Balance sheet and Cash Flow statements.

Grass Roots Research and Cohen Research identifies and initiates non-traditional company research by first selecting smaller cap companies with management teams focused on shareholder value, sustainable competitive advantage, and demonstrated market leadership potential in their respective disciplines. Both Grass Roots and Cohen Research are owned by D. Paul Cohen. Mr. Cohen founded the West Coast regional offices of Bear Stearns and Co. For more information, please visit www.grassrootsrd.com.

About myFreightWorld
myFreightWorld Technologies Inc. (www.myfreightworld.com) provides a Web-based customer relationship management (CRM) information pipeline to its third party logistics (3PLs) and motor carrier customers in North America. The Company's solutions provide complete visibility to shippers, consignees and other interested parties of shipments during the shipment life cycle. myFreightWorld has over 100 3PLs using its products and services. The Company was formerly known as Anything Brands Online, Inc. and changed its name to myFreightWorld Technologies Inc. in May 2010.

Safe Harbor Act: The matters set forth in this press release may contain forward-looking statements regarding myFreightWorld Technologies Inc. and its business within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the company's periodic reports filed with the OTC Pinksheets including the company's Annual Report, Quarterly Reports and other periodic filings. 

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