Trans Global Logistics (fka TLGI)

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Wall Street Resources, Inc. Initiates Research Coverage on Trans Global Logistics, Inc With an Initial Valuation Target of $7.94
Wednesday August 10, 9:00 am ET

MIAMI--(BUSINESS WIRE)--Aug. 10, 2005--Trans Global Logistics, Inc. (OTC: TLGI - News) announced today that Wall Street Resources, Inc. (WSR) has released a research report covering the Company with an initial valuation target of $7.94. The report is now available for review at: http://www.wallstreetresources.net/pdf/fc/TLGI.pdf

Gerald N. Kieft, the founder and President of Wall Street Resources (WSR), has dedicated his career to micro capital company investing. Over the last decade, he has analyzed hundreds of micro-to-small capital companies as a buy-side analyst, a sell-side analyst and a portfolio manager. Using the experience he obtained in his prior affiliations, he founded WSR to connect sophisticated microcap investors with carefully selected microcap investment opportunities. The companies he covered in 2004 increased an average of 92.5%. You can review his comprehensive results at http://wallstreetresources.net/pdf/p/12-31-04_FCP.pdf

"After years of planning and hard work it was time to introduce Trans Global Logistics, Inc. to the investment community and Wall Street Resources came highly recommended. We are very impressed with WSR's professionalism as well as the thorough analysis of our company that was made in developing WSR's report," stated Gus Cervera, Trans Global's President and CEO. "In a competitive marketplace, we understand the need to make potential investors aware of outstanding business opportunities. We believe in the potential of Trans Global and are excited at the credibility we will achieve as a result of WSR's analysis."

About Trans Global Logistics, Inc.:

Trans Global Logistics, a 3-year-old Maryland Corporation, is based in Florida and will focus its activities on the acquisition and development of transportation and travel-oriented companies in the Caribbean basin and Central America. Trans Global's acquisition of an interest in Panama International Air (PIA) last year signaled its initial effort in achieving the goal of establishing a transportation holding conglomerate. This group will be positioned to capitalize on the growing importance of the Caribbean Basin and Central America as a trade crossroads strategically positioned between the resources and emerging consumer markets of Central and South America, and the manufacturing centers of the United States, Europe and the Far East. The recent passing of the CAFTA treaty in the United States will drastically change the state of commerce between the United States and Central America, increasing both the flow of cargo and passenger airline traffic between the countries in the region. This increase in cargo and passenger traffic, in a region already suffering from an under capacity of cargo platforms, will ensure dramatic growth in the market. Trans Global, through its multi-faceted acquisition strategy, will be positioned to secure a dominant position in the region's inter-modal transportation markets. Trans Global is combining the management and transportation infrastructure under one organization in order to vertically and horizontally integrate the necessary services that are required for the transport of cargo and people throughout the region. Just as new airlines begin and grow by offering customers a low cost alternative to the established airline players in the industry, Trans Global is offering a lower cost alternative to its air and maritime cargo customers whose initial point of departure or ultimate destination is the Caribbean Basin or Latin America.

About Wall Street Resources, Inc. - www.wallstreetresources.net

Wall Street Resources provides professional consulting services for emerging growth companies and fresh ideas for sophisticated investors. As specialists in the micro-cap and small-cap space, WSR has a proven track record of identifying under-valued companies with promising futures. Through its specially designed research and consulting services, qualified companies can garner first-class analytical profiles, retool their strategic plans, and set a course for optimal share value and prosperous growth down the road.

Sophisticated investors turn to WSR for innovative ideas in the micro-cap and small-cap space. With a broad range of experience in the buy-side arena, WSR's principals know what microcap investors are looking for. From in-depth Analytical Profiles to a variety of proprietary portfolio ideas, professional investors come to rely on WSR for first-rate investment ideas.