SOURCE: Optimized Transportation Management, Inc.

March 17, 2010 09:00 ET

Optimized Transportation Management's New Freight Brokerage Operation Adds First Agent

Brokerage Management Adds First Agent With Annual Revenues Projected at $800,000-1 Million in First Year

MARCH 17, 2010--(Marketwire - March 17, 2010) -  Optimized Transportation Management, Inc. (OTCBB: OPTZ), a supply chain logistics company, is engaging its first brokerage agent at its company-owned freight brokerage operation in Nashville, Tennessee. The addition of this agent will allow our Tennessee brokerage division to immediately generate additional revenue and provide new customers to the operation. Revenues for this agent are estimated to be approximately $1 million in the first year with an estimated gross margin of 30%. 

OPTZ's business plan is to build a full service supply chain logistics company by developing a management system for mid-sized manufacturers and distributors, thereby providing the necessary transportation services to complement the system and eventually meeting 100% of the customer's logistical needs.

Ryan Duncan, General Manager of the Nashville operation, said, "The addition of our first agent will provide the company with new customers and will allow us to improve our overall profit margin. Our agent, with over 25 years in the business, specializes in flat bed and 'heavy haul,' which will expand the services and expertise we can provide our existing customers. Due to the unique market he serves we will earn a higher margin than normal which will help in the overall mix of Company business."

To be included in OPTZ's e-mail database for corporate press releases and industry updates, please send an e-mail to info@otmionline.com

About Optimized Transportation Management, Inc.

Optimized Transportation Management, Inc. (OPTZ) is growing to become a full - service supply chain logistics company. The Company has begun implementing its plans for assisting great companies in discovering, managing and executing their most effective global supply chain strategies. OPTZ exists to add real and measurable value throughout the customers' fulfillment process - with the accent on customers. OPTZ's management team, technology and value-added solutions allow organizations to have world-class visibility, information and controls without disrupting existing plans, processes, partnerships and information systems.

OPTZ's acquisition strategies focus clearly on their ability to provide end to end services for growing global opportunities. The company provides clients with global freight forwarding services, global document management, product staging, a powerful information technology that supports tight integration and total visibility among global factories, suppliers, and end-user customers sourcing product globally.

Additionally, the company focuses on managing warehouse operations in support of existing clients and potential new clients, supporting both domestic and global supply chain strategies. OPTZ operates each of the divisions independently, but sell and add real measurable value collectively. In addition, to the synergies, this approach ensures the quality of internal operations but the joint capabilities provides significant value to the company's clients.

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

  • Contact:
    Investor Relations for Optimized Transportation Management
    404-261-1196

    Ezra Smith
    727-771-9500