Trans Global Logistics (fka TLGI)

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TransGlobal Logistics, Inc. Moving Forward to Establish Cargo Logistics Infrastructure Prior to Inaugural Flights
Tuesday September 27, 4:05 pm ET
Company Finalizing Plans for Additional Panama Acquisitions

NAPLES, Fla.--(BUSINESS WIRE)--Sept. 27, 2005--TransGlobal Logistics, Inc. (OTC:TLGI), http://www.transglobl.com, today announced that it has selected Freight Path Air Cargo Software by FreightPath LLC of Mount Prospect, Illinois as its cargo processing software for all company air cargo operations. The company will be installing the software and training company personnel in its use prior to beginning air cargo operations in November. In addition, the company will be finalizing the acquisition of two Panamanian based companies to provide the additional logistics infrastructure to support the company's inaugural air cargo service, which will be provided by the company's air cargo affiliate, Panama International Air Express (PIA Express), between Central and South America and the United States.

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The implementation of Freight Path, combined with the addition of these new companies in Panama, and the opening of freight logistics offices in Fort Lauderdale and Los Angeles will enable the company to establish contracts and begin moving air cargo for both South to North and North to South routes through third party carriers prior to beginning flight operations by PIAExpress. This bottom up strategy will enable TransGlobal to establish sufficient cargo bookings prior to its inaugural flights, and thus ensure maximum cargo capacity is obtained from the start-up of flight operations. Because the Company's infrastructure will be in place to support its cargo carrier operations, the Company is anticipating achieving gross revenues from its cargo operations of $32,098,479 during the first twelve months of operations, with a net profit of $6,957,965.

Mr. Gus Cervera, President and CEO of TransGlobal in describing the Company's selection of Freight Path stated: "We have done extensive research on existing air cargo software packages and believe that Freight Path provides us with unequaled capability, ease of training and operation at an exceptionally economical price. When combined with the opening of our Fort Lauderdale and Los Angeles offices in October, and the addition of several new acquisitions in Panama by November, the Company will have achieved its goal of hitting the ground running when our first aircraft is delivered in November, and we receive our Certificate for Operations from the AAC in Panama. We are concentrating on executing our business plan, one step at a time, to ensure that we minimize our costs while maximizing the efficiency of our operations. We believe that by ensuring that the cost/benefit trade-off is made at every level of our operations we will meet or exceed the revenue and profit projections that we have set for the company. Our plan to establish a regional transportation infrastructure that provides seamless, cost effective shipping dock to customer service can only be accomplished by ensuring that all the components of our strategy are implemented and operating prior to the scheduling of our air operations. We believe that we are executing a plan to ensure our success. We consider the turmoil in the general aviation sector to be an unparalleled opportunity for our company, since cargo volume and rates continue to increase, while the flexibility of our potential competitors is constrained by their legacy costs, higher than projected fuel costs, and high fixed costs. We are positioning ourselves to take advantage of the increasing profitability of cargo operations to and from Latin America, while avoiding the cost structure and predecessor issues hampering other airlines."

The management of the Company recently discussed the overall business plan of the Company on a conference call with investors and brokers on Wednesday, September 21, 2005. To hear a recording of the call (available for 30 days immediately following the conference call):

Call 1-800-977-8002 in the United States or Canada or;
Call 1-404-920-6650 in the Atlanta Area or Internationally
Pin Code: Press the star key then 467111

About TransGlobal Logistics, Inc.

TransGlobal Logistics (OTC:TLGI - News), http://www.transglobl.com, is a Florida based holding company focused on the establishment of a regionally-dominant inter-modal transportation group that is consolidating and combining a number of existing transportation and travel companies in order to provide transportation services under a single management umbrella. Through elimination of redundant administrative costs, and by maximizing the business synergies between its subsidiaries, TransGlobal will be able to create an organization that is more efficient and profitable than the sum of the individual components. By combining both management and transportation infrastructure in one organization, TransGlobal will be able through its acquisition strategy to vertically and horizontally integrate the necessary services required for the movement of people and cargo throughout the region.