SOURCE: Janel World Trade, Ltd.

Janel World Trade, Ltd.

April 05, 2011 09:30 ET

Janel World Trade, Ltd. Awarded Government Services Administration Contract Schedule

Ability to Offer Janel's Core Logistics Services to Federal Government Represents a New Major Market Opportunity

JAMAICA, NY--(Marketwire - April 5, 2011) - Janel World Trade, Ltd. (OTCBB: JLWT), a full-service global provider of integrated transportation logistics and environmental services, today announced it has been awarded a Contract Schedule (Schedule) from The Government Services Administration (GSA).

The GSA Schedule will permit Janel to aggressively market and sell its core services to all Government agencies directly, at will, with no cap and at pre-negotiated pricing. The United States Government is the largest buyer of goods and services in the world, overseeing $66 billion of procurement budget annually. Without this award of a GSA Schedule, Janel had no previous access to market any core logistics and supply chain services in this potentially expansive government market.

Under the GSA program, the GSA establishes long-term government-wide contracts with commercial firms providing access to over 11 million commercial supplies, products and services at pre-negotiated pricing. The GSA maintains this large GSA contractor database, which all U.S. government agencies can use to buy goods and services. The GSA Schedule can be thought of as a collection of pre-negotiated contracts. Procurement managers from government agencies can view these agreements and make purchases from the GSA Schedule knowing that all legal obligations and in some cases pricing have been taken care of by GSA.

Vincent Lacopella, Janel's Vice President who helped spearhead Janel's GSA contracting initiative said, "We are very excited about introducing Janel's core logistics services to an entirely new and a potential major market opportunity -- one we have had absolutely no access to in the past. After going through the exhaustive vetting process by the GSA, we now plan to take an aggressive, proactive approach in marketing Janel's core business capabilities to Government agencies that have used our types of services in the past. Taking this specific approach puts us in front of the traditional government bidding process."

To be included in Janel's database for Corporate Press Release and industry updates, investors are invited to send their e-mail address to:

About Janel World Trade, Ltd.
Janel World Trade, Ltd. is a global provider of integrated logistics and environmental services, including domestic and international freight forwarding via multi-modal carriers, leading-edge, end-to-end, supply-chain technology, customs brokerage, warehousing and distribution, and other transportation-related services. With offices throughout the U.S. (New York, Chicago, Los Angeles, and Atlanta) and a network of independent international agents in approximately 52 countries, the Company provides the comprehensive logistics services and technology necessary to handle its customers' shipping needs throughout the world. Cargo can be transported via air, sea or land, and Janel's national network of locations can manage the shipment and/or receipt of cargo into or out of any location in the United States. Janel is registered as an Ocean Transportation Intermediary and licensed as a FMC Licensed Freight Forwarder by the Federal Maritime Commission.

Janel World Trade, Ltd.'s headquarters is located in Jamaica, New York, adjacent to the JFK International Airport, and its common stock is listed on the OTC Bulletin Board under the symbol "JLWT". Additional information on the Company is available on its website at

Forward-Looking Statements
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "intend," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the Company's dependence upon conditions in the air, ocean and land-based freight forwarding industry, the size and resources of many competitors, the need for the Company to effectively integrate acquired businesses and to successfully deliver its primary services, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission, including its most recent Form 8-K, Form 10-Q and Form 10-K filings. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact Information