Business & Finance
Business and Finance
Business and Finance 
Thu, May 13, 2010
Wed, May 12, 2010
Optimized Transportation Management Signs Agents Ahead of Schedule, Adding Additional Revenue
PITTSBURGH, PA--(Marketwire - May 12, 2010) - Optimized Transportation Management, Inc. (
The latest agent added just yesterday, Joe Fuentes of Saginaw, Texas brings another million dollars in potential revenue to Optimized Transportation.
"Our agents act as middle-men, facilitating more cost-effective interaction between companies and their shipping providers. As a recruitment tool that offers unique upside profit potential, we issue our agents common stock in our company. This practice creates incredible loyalty to our company, in addition it helps the agents reach their financial goals," states Larry Berry, President and COO.
Mr. Berry is currently negotiating with 22 additional prospective agents, from which the company anticipates combined revenues of as much as $50 million by the close of 2010.
Berry, who was among the founding management and board members of Landstar System Inc., is confident in his well-tested business strategies and has noted firsthand the success of commissioned agents.
"Landstar evolved into a global logistics provider," Berry said, drawing a comparison between Optimized and the now over $40 per share brand he helped to build. "We are starting with that strategy. We are both similar in that we will focus on commissioned agents as well as mergers and acquisitions."
The company is also in negotiations with two large acquisition candidates, one that would add 18 million and one that would add 100 million in potential gross revenue.
"I've been here before, I know where we're going; and more importantly, I know how to get there," says Berry. "I'm just extremely pleased at how quickly and effectively we are executing on our business plan," Berry added.
About Optimized Transportation Management, Inc. (
Headquartered in Pittsburgh, PA, Optimized Transportation Management, Inc. is a supply chain logistics company that provides clients with global freight and operations management services. The company's website is [ www.OTMIonline.com ].
Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of The Company to complete the proposed acquisition(s), the results of The Company's due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of The Company to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings. The closing of any transaction will be subject to complete due diligence, inspections, and completion of audited financial statements in accordance to GAAP as required by the SEC prior to consummation.