SOURCE: The Fronthaul Group

May 02, 2006 09:52 ET

The Fronthaul Group, Inc. Announces Target Date to Complete Its First Acquisition

ROCKWALL, TX -- (MARKET WIRE) -- May 2, 2006 -- The Fronthaul Group, Inc. (OTC BB: FHAL) announced today it expects to complete the acquisition of an established long-haul trucking company with 18 trucks and trailers that has historically had annual revenues of approximately $3.3 million by May 15th, 2006.

Michael Alexander, the Company's Chief Executive Officer, said: "This acquisition is the first towards the Company's 12 month goal of building a significant long-haul trucking company with 24+ trucks and trailers. This acquisition along with the Company's existing fleet will give us a solid operating base of $5+ million in annual revenues from which to launch additional acquisitions towards our 12 month goal of 42+ trucks and trailers." Alexander added, "The Fronthaul Group, Inc. is currently in the process of reviewing numerous quality acquisition candidates similar to this one."

For more information about The Fronthaul Group, Inc., call 1-972-722-9999 or visit http://www.fronthaul.com.

About The Fronthaul Group:

The Fronthaul Group is a Delaware corporation with branch offices in Rockwall, TX. The Fronthaul Group expects to grow their business specifically in the areas of 3rd party logistics, Transportation Brokerage, and Motor Carrier services. The Fronthaul Group is the only referral based marketing transportation logistics brokerage and currently has over 4000 members.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause the actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.

Contact Information

  • Contact:
    The Fronthaul Group
    2233 Ridge Road Suite 102
    Rockwall, TX 75087
    888-293-4285
    Email Contact