Janel World Trade Forecasts Revenue Growth Exceeding $1.5 Million On Initial Contracted Recruiting Initiative

Janel World Trade, Ltd. (OTC BB: JLWT), a full-service global provider of integrated transportation, logistics and environmental services, today announced that Ray Tobia from Air Sea International Forwarding, Inc. will join the Janel operations in New Jersey and Los Angeles as a result of an exclusive Search Agreement signed with Corporate Search America (CSA) to identify and aggressively recruit high-level, commissioned, global sales executives that will grow the Company’s top-line revenue.

Mr. Tobia and his group is anticipated to generate $1.5-$2 million in annual top-line revenue when utilizing Janel’s worldwide network. It is also expected that a gross margin of 30% will be forthcoming on this combination of import and export ocean, airfreight and customs clearance brokerage business.

“Mr. Tobia is the quality individual with a book of business that is exactly what we had in mind when we signed the contract with CSA,” said James Jannello, the Company’s executive vice president and chief executive officer. “He is the first of several candidates that have been presented to the Company and we continue to have active dialogue with other high-quality candidates presented by CSA.

“We continue to be very optimistic about growing our core markets in Asia, Europe and Central America,” Mr. Jannello added. “These recruiting initiatives are focused on enhancing and strengthening our core lanes to leverage our buying power which will result in higher margins. Our goal is to continue adding new and established books of business to expand into new markets and capitalize on a forecasted increase in U.S. exports.”

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