Mr. David Quach Named New Division President of Cargo Connection Logistics - International
INWOOD, NY, Mar 30, 2006 (MARKET WIRE via COMTEX) -- Cargo Connection Logistics Holding, Inc. (OTC BB: CRGO) names Mr David Quach to position of President of Its newly named division, Cargo Connection Logistics - International.
The company had recently issued a press release announcing that its wholly owned subsidiary, Mid-Coast Management Inc., has changed its name to Cargo Connection Logistics - International to better reflect its focus into the International markets. As part of the new face of Cargo Connection Logistics - International, the company will name Mr. David Quach as the Division's President. The new Division's base of operations will be San Jose, CA. David Quach has been and will continue to be vital and instrumental in facilitating the Company's outreach concerning business opportunities from China and the Pacific Rim for the Company's expansion into the business markets into and out of Asia.
"Having a presence on the West Coast was the first, as well as a critical step that will enable Cargo Connection Logistics to expand its business nationwide," said David Quach. "I am proud to be named as the President of Cargo Connection Logistics - International. My primary goal will be to make Cargo Connection Logistics - International a major player in the logistics business in China and the Pacific Rim as the Company embarks on its goals."
Mr. Quach recently departed for the Pacific Rim and will be spending the next few weeks in Asia. "I am proud to turn over the reigns of control of this Division to David Quach," stated Cargo Connection Logistics Holding, Inc. CEO, Jesse Dobrinsky. "He recognizes the need for expediency in establishing Cargo Connection Logistics - International as a major force in the logistics business in the Pacific Rim. Everyone at the company has embraced his enthusiasm and work ethic and we have made his agenda a major corporate priority."
The company will now focus its attention on the International Arena. Its primary focus will be to secure business from Origins around the world. Its initial focus will be the Pacific-Asian Rim. Dobrinsky also stated that "up until now the Company has always focused its sales efforts in the United States. A very large portion of merchandise coming into the country is controlled from Origin. This is our first foreray into foreign countries for business development. We hope to accomplish this through some of our recently announce joint ventures."
Mr. Dobrinsky will be traveling to the Asian Rim along with David Quach by the end of the month to finalize any contracts that Mr. Quach will be negotiating.
About Cargo Connection Logistics Holding, Inc.
Company: Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and now, Cargo Connection Logistics - International (formally Mid-Coast Management, Inc.), which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA. and San Jose, CA. The companies currently provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 85 employees.
Cargo Connection Logistics is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, with service areas throughout the United States and North America. They have container freight station operations specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. Cargo Connection Logistics' website is www.cargocon.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including, without limitation:
-- the Company's ability to increase its revenues, including by obtaining contacts with foreign shippers;
-- the Company's financial condition, including its ability to continueas a going concern;
-- the effect of the Company being in default on its indebtedness;
-- the Company's ability to raise additional capital;
-- the Company's reliance on key personnel and independent agents; and
-- the Company's vulnerability to economic and industry conditions
Contact:
Peter Nasca
Peter Nasca Associates, Inc.
312-421-0723 Chicago
305-937-1711 Miami
SOURCE: Cargo Connection Logistics
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