SOURCE: myFreightWorld Technologies Inc.

myFreightWorld Technologies Inc.

January 13, 2011 08:30 ET

myFreightWorld Technologies Launches Cloud Computing Freight Load Management Services

OVERLAND PARK, KS--(Marketwire - January 13, 2011) - myFreightWorld Technologies Inc. (PINKSHEETS: MYFT) announced today the national launch of Clear Visibility, a new addition to the Company's Cloud Computing Service Oriented Architecture (SOA), which provides back office transportation logistics and load management tools. The Clear Visibility service module provides a comprehensive set of online tools that enables third-party logistics managers and motor carrier customers to seamlessly customize and manage their back office freight load operations.

This turnkey application enables existing and new MYFT customers to manage their entire shipment cycle themselves even when they use their own shippers or carriers. Customers can perform contract management, status updates, exception queuing, dispute resolution, and audit and pay functions in a secure, real-time information exchange environment. Access to information and reports can be made available to interested parties as specified on a completely user-controlled basis. The solution helps build brand equity for MYFT customers by enabling their end users to access dynamic data queries, private label content, and custom-made forms.

Chief Operating Officer of myFreightWorld, Mark Hebden, stated, "We have used these tools with a select group of customers for some time now, and their continuous positive feedback has encouraged us to roll-out Clear Visibility to all our customers. By focusing on all information exchanges in the shipment cycle under virtually any provider configuration, Clear Visibility helps customers and their shippers achieve greater market transparency. At the same time, our customers can better control costs and accelerate their time to market, enabling them to take on more business."

CEO of myFreightWorld J Michael Head said, "I am pleased with our product development team's efforts to add customer value with new services such as Clear Visibility. Clear Visibility is a highly competitive product offering that is proven to appeal to our target base of customer. We anticipate the product will attract sales from existing and new customers." 

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. 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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