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SHIPWIRE.COM SAVES SMALL BUSINESSES UP TO 70% ON SHIPPING

Small businesses benefit from buying power, price comparisons and freight capabilities.

LOS ANGELES, CA (APRIL 21, 2005) - LOC Global, a leading provider of transportation solutions, announced today the launch of Shipwire.com (http://www.shipwire.com). Available immediately, Shipwire.com is a full-service shipping solution for small businesses. From one central Web site and phone number, businesses can seamlessly ship all their envelopes, packages and freight. Shipwire.com is a free service, with no management fees. Businesses pay only for the shipping services they need.

"Shipwire.com is intended to give small businesses the same capability as a Wal-Mart or Dell," said Damon Schechter, CEO of LOC Global. "That is, the capability to collect, process and disseminate an uninterrupted flow of shipping information. As emerging companies look for new ways to expand their markets, as well as reduce the cost of doing business, they will inevitably find that how efficiently they manage their shipping is the key to victory on the contemporary business battlefield."

WITH SHIPWIRE.COM, SMALL BUSINESSES CAN GROW FASTER WITH:
* Buying Power - Shipwire.com groups thousands of small businesses into a buying pool. This massive buying pool allows Shipwire.com to get deep discounts from FedEx, UPS and DHL, as well as others. The result? Small businesses save up to 70% on shipping.
* Price Comparisons - Most small businesses do not know there are thousands of well-respected carriers worldwide, and that FedEx, UPS and DHL charge a massive premium for these same services. With more choices for shipping packages and freight, businesses can choose the most cost-effective option for each shipment.
* Freight Capabilities - Small businesses can ship heavy/bulky items to and from more than 80 countries, while Shipwire.com guides them through the customs process. Through its affiliation with LOC Global, Shipwire.com has a global service network of more than 170 freight management, warehousing and distribution offices on six continents.

WITH SHIPWIRE.COM, SMALL BUSINESSES ARE SHIELDED FROM LIABILITY WITH:
* Damage/Loss Insurance - Businesses may insure the full declared value of their shipments with Lloyds of London, regardless of the carrier they choose. This means that Lloyds of London insurance coverage will come first, without the carrier deciding coverage, and without a small business having to negotiate with a big carrier.
* Money Back Guarantee - Businesses may request a refund or credit if the carrier misses Shipwire.com`s quoted delivery time, barring customs delays. For moving goods weighing more than 150 pounds, Shipwire.com `s Money Back Guarantee is matched only by FedEx. UPS and DHL make no guarantees. Other carriers charge a premium of 30-50%.
* Price Protection Policy - For qualified shipments, businesses may request a refund or credit if they are billed more than Shipwire.com quoted them. This Price Protection Policy is unique in the shipping industry, and is only available through Shipwire.com. It is designed to protect businesses from the hidden fees, monthly charges and overcharges so prevalent with FedEx, UPS and DHL.

WITH FREE UPGRADE TO SHIPWIREPRO, GROWING BUSINESSES GET MORE FEATURES:

When businesses need more administrative savings and in transit visibility, they can upgrade to ShipwirePro. This free and instant upgrade gives a business four capabilities:
1. Create Sub-Accounts - A business can control costs by creating sub-accounts for each branch of its business, and for each supplier that ships to its location.
2. Add My Pricing - A business can add its carriers, and its pricing, to specific sub-accounts. If Shipwire.com gets better discounts on a specific shipment, the user can choose the Shipwire.com price.
3. Add a Credit Line - A business can receive one detailed monthly bill for all shipping, and monitor multiple users from one central account.
4. Build Links to Shipwire.com - A business can add Shipwire.com features to its Web site, with just a few clicks of the mouse. It is then easy to follow the footprints of every user.

ABOUT SHIPWIRE.COM:
Shipwire.com is a full-service shipping solution for small businesses. From one central Web site and phone number, businesses can seamlessly ship all their envelopes, packages and freight. Shipwire.com is a free service, with no management fees. Businesses pay only for the shipping services they need. With Shipwire.com, businesses can grow faster with buying power, price comparisons and freight capabilities. Businesses can ship more confidently with damage/loss insurance from Lloyds of London, a money back guarantee, and price protection. To plan a shipment to or from more than 80 countries, visit www.shipwire.com or call 1-888-SHIPWIRE .

ABOUT LOC GLOBAL:
The Shipwire.com Web site is owned and operated by LOC Global, with headquarters in Los Angeles, Calif. LOC Global specializes in moving heavy/bulky items throughout the US, and through its global service network. Through a network of more than 170 freight management, warehousing and distribution offices in over 80 countries, LOC Global helps corporations move goods from the factory to the marketplace, to the consumer. Damon Schechter, best-selling author of Delivering the Goods: The Art of Managing Your Supply Chain, is Chief Executive of LOC Global. For more information, visit www.locglobal.com.

Contact:
Susan Allera
310-499-4165
sallera@locglobal.com

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