World Logistics Services, Inc. Signs Agreement with Eastman Logistics

TAMPA, Fla.--(BUSINESS WIRE)--Eastman Logistics, has signed a letter of intent to merge with World Logistics Services, Inc. (Pink Sheets: WLSV). The merger is scheduled to take place in early September 2008. Eastman is a non-asset based brokerage and logistics firm with over 10 million in annual revenues. They are headed by Reid and Jack Eastman who will remain with and manage the company.

Eastman has a diverse customer base and a strong carrier following developed over the last 15 years. They utilize van, flatbed and container equipment. With the addition World Logistics Services, Inc expects net revenue to increase by at least 5 million in 2008 and a net revenue increase incrementally by at least 10 million in 2009; bringing total revenues to approximately 30 million in 2009.

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., Tampa
C. Jones Consulting, Inc.
Joshua C. Mckee, 727-771-9500
josh@cjonesconsulting.com