Replies to post #254 on Target Logistics (TLG)

[slow_feet]

Hey scruffy,

Earnings tomorrow morning. Probably no big surprises seeing that they already released a PR reaffirming their previous guidance. I'd like to see some talk from them concerning their plans for leaving the OTC-BB pit. Some follow-up with regards to their Jan. 19th PR would be appropriate.

I hope the doggie is feeling better.

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Target Logistics, Inc. Names David Swirnow to Board of Directors; Also Takes Steps to Meet Corporate Governance Requirements of American Stock Exchange
THURSDAY, JANUARY 19, 2006 8:50 AM
- BusinessWire

BALTIMORE, Jan 19, 2006 (BUSINESS WIRE) -- Target Logistics, Inc. (TARG) , a domestic and international freight forwarder and logistics provider, today announced that David Swirnow, 46, has been named to the company's Board of Directors, bringing the total number of directors to seven, a majority of whom are independent.

Mr. Swirnow has headed his own company, Swirnow Building Systems Inc., for over 15 years. The company sells and markets proprietary and specialty construction products, both regionally and nationally. He has experience in the shipping and importing of these products, and particular expertise in sales, marketing and management.

"David Swirnow brings a wealth of experience to the Target board," said Stuart Hettleman, President and Chief Executive Officer. "His knowledge and perspective in various disciplines will provide strong counsel as Target Logistics continues to expand and grow its footprint in various markets."

The company also noted that it has completed an internal audit and implemented necessary changes to ensure its compliance with the corporate governance requirements of The American Stock Exchange. "While we are not currently listed on the Amex or any other exchange, we are anxious to position the company for future growth including a possible market listing," said Mr. Hettleman. "Improving our corporate governance is a step in that direction."

Target Logistics, Inc. provides domestic and international time definite freight forwarding and logistics services through its wholly owned subsidiary, Target Logistic Services, Inc. Target has a network of offices in 34 cities throughout the United States and a worldwide agent network with coverage in over 70 countries. Its freight forwarding services include arranging for the total transport of customers' freight, including providing door to door service, distributions and reverse logistics.

Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Although Target Logistics believes that the expectations reflected in such forward-looking statements are reasonable, the forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projections.

SOURCE: Target Logistics, Inc.

Cameron Associates
Paul G. Henning, 212-554-5462
[e-mail]


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