SOURCE: Vortex Resources Corporation

Vortex Resources Corporation

June 03, 2009 09:00 ET

Vortex Resources Engages Legend Transportation for Consulting on Asian Pacific Cooperative Zone

BEVERLY HILLS, CA--(Marketwire - June 3, 2009) - Vortex Resources Corp. (OTCBB: VXRC) (Equity, ISIN US92905M2035, WKN A0RLEK, HTE2), which is in the process of changing its name to Yasheng Eco-Trade Corporation, has engaged Legend Transportation Group to consult on the development of its Logistics Center. As part of its effort to open the Yasheng Asian Pacific Cooperative Zone and Logistics Center before the end of 2009, Legend Transportation Group has been hired to provide expertise in transportation management systems, common carrier LTL services, full truck load brokerage, expedited services, pool distribution and vendor consolidation, freight management, bill audit and payment, green transportation and small carrier evaluation. Yossi Attia, Vortex's CEO, said, "We are happy to have found a company with the experience and background to help us to get up and running in such a short time frame."

About Legend Transportation Group:

Legend Transportation Group is a hybrid transportation provider that focuses on improving your internal logistics process, thus reducing cost on a shipment by shipment basis with a suite of offerings. Backed by an extensive network of carriers as well as our own fleet of GPS-equipped trailers, we offer our customers multiple options to reduce both hard and soft cost over multiple modes of transportation.

About Yasheng Group:

The Yasheng Group is a diversified industrial conglomerate incorporated in California that operates in hi-tech agriculture, salt chemistry and biological technology as its core business with advantages in rich land, mineral resources, capital and technology reserves.

Through three major industries, Agriculture, Chemical, and Biotechnology, the company's operating categories include: chemical engineering, agricultural production, biotech, pharmaceuticals, textile products, printing and dyeing, commercial trading, beverages and inorganic salt manufacturing with total assets of approximately $1.5 billion USD and over 15,000 employees.

About Vortex Resources:

Vortex Resources Corp. (OTCBB: VXRC) (Equity, ISIN US92905M2035, WKN A0RLEK, HTE2) is a publicly traded independent emerging resources company.

The Company's business has been the identification and acquisition of undervalued assets within emerging industries for the purpose of consolidation and development of these businesses and sale if favorable market conditions exist. The Company's objective is to find, acquire and develop resources at the lowest cost possible and recycle its cash flows into new projects yielding the highest returns with controlled risk. The Company's competencies include financial services, mergers and acquisitions, accounting, real estate development, and natural resources exploration. The Company is currently in the process of developing a logistics center. As part of its strategy to develop a logistics center, the Company has entered a term sheet with Yasheng Group in which Yasheng Group, among other things, has agreed to contribute real property for the development of a logistics center. Further, the Company and Yasheng Group have jointly entered into a cooperation agreement with Legend Transportation based in Arizona. As a result of the above, the Company is in the process of changing its name to Yasheng Eco-Trade Corporation.

Further information concerning Vortex Resources Corp. can be found on the corporate website: http://www.vortexrc.com.

Forward-Looking Statements:

Certain statements contained in this press release are forward-looking statements that involve risks and uncertainties. The statements contained herein that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended.

Contact Information

  • Contact:
    Vortex Resources Corp.
    Investor Relations
    310-461-3559