Janel Corp (JLWTD)

[rdragon]

Very good news






Janel World Trade, Ltd. Awarded Government Services Administration Contract Schedule
Ability to Offer Janel's Core Logistics Services to Federal Government Represents a New Major Market Opportunity





JAMAICA, NY--(Marketwire - 04/05/11) - Janel World Trade, Ltd. (OTC.BB:JLWT - News), a full-service global provider of integrated transportation logistics and environmental services, today announced it has been awarded a Contract Schedule (Schedule) from The Government Services Administration (GSA).

The GSA Schedule will permit Janel to aggressively market and sell its core services to all Government agencies directly, at will, with no cap and at pre-negotiated pricing. The United States Government is the largest buyer of goods and services in the world, overseeing $66 billion of procurement budget annually. Without this award of a GSA Schedule, Janel had no previous access to market any core logistics and supply chain services in this potentially expansive government market.

Under the GSA program, the GSA establishes long-term government-wide contracts with commercial firms providing access to over 11 million commercial supplies, products and services at pre-negotiated pricing. The GSA maintains this large GSA contractor database, which all U.S. government agencies can use to buy goods and services. The GSA Schedule can be thought of as a collection of pre-negotiated contracts. Procurement managers from government agencies can view these agreements and make purchases from the GSA Schedule knowing that all legal obligations and in some cases pricing have been taken care of by GSA.

Vincent Lacopella, Janel's Vice President who helped spearhead Janel's GSA contracting initiative said, "We are very excited about introducing Janel's core logistics services to an entirely new and a potential major market opportunity -- one we have had absolutely no access to in the past. After going through the exhaustive vetting process by the GSA, we now plan to take an aggressive, proactive approach in marketing Janel's core business capabilities to Government agencies that have used our types of services in the past. Taking this specific approach puts us in front of the traditional government bidding process."