Janel Corp (JLWTD)

[rdragon]

Janel World Trade, Ltd. Successfully Launches Vertically Integrated Supply Chain Services to Enhance Revenue Growth and Profitability
NEW OPERATING DIVISION SIGNS FIRST LONG-TERM AGREEMENT WITH PAUL SORVINO FOODS, INC.


Press Release Source: Janel World Trade, Ltd. On Wednesday April 27, 2011, 9:32 am EDT
JAMAICA, N.Y., April 27, 2011 /PRNewswire/ -- Janel World Trade, Ltd. (OTC BB:JLWT.ob - News), a full-service global provider of integrated transportation logistics and environmental services, announced today that the company's previously announced new operating division, which is focused on vertical sales primarily in the food industry, has signed an exclusive agreement with Paul Sorvino Foods, Inc. (PSF). The agreement is for all supply chain services, including supplier selection, manufacturing, transportation, import, distribution, marketing, and sales of all Paul Sorvino branded Italian food products. The benefits of reduced costs, shorter time to market, and Janel's demonstrated ability to react quickly were recognized by Paul Sorvino Foods and have resulted in a ten-year exclusive agreement.

"Our new one-stop, vertically integrated service has a market in our industry," said James N. Jannello, Executive Vice President and Chief Executive Officer of Janel. "Since our core competency in logistics complements Paul Sorvino Foods' expertise, we increase their visibility into the supply chain and reduce their risks. We are very excited to welcome Paul Sorvino Foods as our first customer in our new vertically integrated initiative."

Janello continued, "Overall, this is a great opportunity for our company. Not only will we manage the international freight forwarding and logistics associated with distribution and warehousing of the Paul Sorvino branded food products, but we also provide sales and marketing services in the US."

"The overall cost and operational efficiencies brought the organizations closer together and resulted in the long-term and exclusive agreement with Janel for the marketing and distribution of Paul Sorvino Food products," said Samuel Frabizzio, member of the Board of Directors of PSF. "The expertise of the group related to all aspects of taking a product from concept to market made our decision easy."

Nick Ferrara, President of Janel's New Jersey operation, noted, "I expect the agreement between our two companies will generate initial revenues during the June quarter of 2011 and increase to multi-million dollar revenues in 2012. Janel's focus continues to be increasing revenues and profitability. By 'thinking outside the box,' we expect to further both corporate goals."