SOURCE: myFreightWorld Technologies Inc.

myFreightWorld Technologies Inc.

February 11, 2011 09:15 ET

myFreightWorld Technologies Awarded Contract to Supply Enterprise Software to Schneider National

OVERLAND PARK, KS--(Marketwire - February 11, 2011) - myFreightWorld Technologies Inc. (PINKSHEETS: MYFT) announced today it was awarded a contract from Schneider National, a premier provider of transportation, logistics and intermodal services with $3.7 Billion in annual sales, to provide its suite of enterprise transportation execution and Web-based logistics management tools. As a vendor, MYFT was selected to help support Schneider Nationals plans to further expand their LTL (Less-than-Truckload) client base as well as offer MYFT's value-added capabilities to its existing clients. Schneider National's LTL freight under management currently exceeds $700 Million.

"A contract from Schneider National is a tremendous win for the Company and puts us in a strong position for growth in 2011," said myFreightWorld CEO J Michael Head. "Schneider National serves over two-thirds of all Fortune 500 companies. With this contract, MYFT is further demonstrating its ability to offer innovative solutions that meet the demands of large-scale business."

Mark Hebden, chief operating officer and president of myFreightWorld's CMD (Client Management Division) Operating unit, said, "With our powerful suite of products and full-service, back-office support, Schneider National can focus on the critical areas of account management and logistics strategy without getting bogged down in the operational minutia of transaction execution and documentation. Our strength of transportation knowledge, connected with our cloud computing and operating systems, ultimately helped us win this contract despite some very intense competition and long negotiations."

About Schneider National

Schneider National, Inc. is a premier provider of truckload, logistics and intermodal services. Serving more than two-thirds of the FORTUNE 500 companies, Schneider National offers the broadest portfolio of services in the industry. The company's transportation and logistics solutions include Van Truckload, Dedicated, Regional, Tanker, Intermodal, Transportation Management, Supply Chain Management, Warehousing and International Logistics services.

Headquartered in Green Bay, Wis., Schneider National has provided expert transportation and logistics solutions for 75 years. A $3.7 billion company with over 21,000 employees, Schneider National conducts business in more than 28 countries worldwide. For more information about Schneider National, visit www.schneider.com.

About myFreightWorld Technologies Inc.

myFreightWorld Technologies Inc. is a business services firm that specializes in providing technology, transportation and supply chain management services to third party logistics managers (3PLs) and transportation intermediaries (TIs), primarily in the United States. Leveraging its proprietary Web-based software platform, the Company provides its 3PL and Motor Carrier customers with a customer relationship management (CRM) information pipeline that provides complete visibility to shippers, consignees and other interested parties of shipments during the entire Shipment Life Cycle. Demonstrating its commitment to the environment, MYFT is a member of the U.S. EPA SmartWay Transportation Partnership. For more information, see www.myfreightworld.com.

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 myFreightWorld 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 myFreightWorld 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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