World Logistics Services, Inc. Announces New Credit Facility

TAMPA, Fla.--(BUSINESS WIRE)--World Logistics Services, Inc. (Pink Sheets: WLSV) announces it has entered into a new credit facility that will provide additional capital to WLSV for continued future growth.

“This new facility provides us with the financial flexibility to support our strategic and tactical initiatives," stated Brad Lannom, the President of Federal Logistics, our wholly owned brokerage subsidiary, of WLSV. "In today's challenging credit market, WLSV’s ability to secure credit is a testament to the strength of the Company's balance sheet and growth prospects.”

About World Logistics Services, Inc.

WLSV is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution, and other transportation related services. WLSV provides the comprehensive services necessary to handle its customers shipping needs throughout the world. Cargo can be transported via air, land, or sea and can manage the shipment and/or receipt of cargo into or out of any location in the United States.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, the potential for additional customer growth from acquired operations and additional opportunities for growth. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives, and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by World Logistics Services, Inc.

For World Logistics Services, Inc.
C. Jones Consulting, Inc.
Joshua C. Mckee, 727-771-9500
josh@cjonesconsulting.com