SOURCE: Anything Brands Online, Inc.

Anything Brands Online, Inc.

January 04, 2010 10:00 ET

myFreightWorld/Anything Brands Online Announces Letter of Intent to Acquire

OVERLAND PARK, KS--(Marketwire - January 4, 2010) - J. Michael Head, CEO of myFreightWorld/Anything Brands Online (PINKSHEETS: ANYT), today announced that the company has signed a letter of intent to acquire Cheap Online

The acquisition is expected to add $5 million in revenue with a nine percent profit margin to MyFreightWorld in 2010, according to Head.

Documents to complete the Definitive Agreement are in the final stages, with execution expected by mid-January. Head expects to provide more information during the upcoming CEO Q&A session, scheduled for the week of January 18. Details will be posted on the MyFreightWorld investor relations page at

Cheap Online Shipping, Huntington Beach, CA, is a third-party freight logistics company that allows infrequent shippers to get instant online freight quotes, book and track shipments, create bills of lading, and manage accounting -- all online. The union with MyFreightWorld is a natural evolution for the company, according to Doug Adair, President and Founder of Cheap Online Shipping.

"MyFreightWorld's superior technology, value added services and web-based leadership in transportation technologies are already an integral part of our business model, but it was our newest joint venture together 'Logistics On Call' that makes this a smart decision for both our companies. I know that Mr. Head is primarily looking and working to join forces with companies much larger in revenue, but the tremendous growth potential for our joint venture qualifies this as a strong and strategic move in that direction. Together, we have the potential to help many of the myFreightWorld customers grow their business in traffic, order fulfillment and public warehousing requirements," said Adair.

Head commented, "Cheap Online Shipping will not be competing with our customers and this union will certainly add to our menu of services while developing an entirely new sales channel for our customers."

About Anything Brands Online

Anything Brands markets and sells products and services to the transportation industry that improve the level of transportation efficiency and safety of its commercial and recreational customers. The myFreightWorld division is a business outsourcing company that sells technology, services, and wholesale truck, rail, and airfreight capacity to the Logistics Manager industry, which accounts for over 200 billion of the $650 billion transportation industry spend. Technology services and products are offered via the web or are accessible through web service applications and are provided primarily through private label arrangements. See:

Notice on Forward-Looking Statements

ANYT & myFreightWorld's vision is to realize shareholder value and wealth through monetization of its projects and potential discoveries through partnerships with significant players with ready capital and production expertise. The matters set forth in this press release may contain forward-looking statements regarding Anything Brands Online, 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 Anything Brands Online, Inc. 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 Securities and Exchange Commission including the company's Annual Report, Quarterly Reports and other periodic filings.

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