FASTFRATE OPENS ITS FIRST EVER INTERNATIONAL OFFICE IN SHANGHAI, CHINA

January 11, 2007
Toronto, ON

Fastfrate’s five year plan calls for expansion into the global marketplace. We have spent the last seven years building and creating an infrastructure that allows us to pick up and deliver freight from and to any address in Canada. We have begun the process of building warehouses in strategic areas, such as Calgary and Saskatoon, with Halifax and Winnipeg scheduled for this year and Edmonton, Cambridge, and possibly Montreal next year.

We now have a national dray service that is growing very fast and offers services to and from the ports and railheads in all major port and rail served cities. We also have our cross border trucking company (Koch Transport) that we hope to expand considerably this year through some acquisitions.

With all that in mind, we are pleased to announce our plans to open our first ever international office in Shanghai, China. Mr. Patrick Lawton will run this office.

Mr. Lawton worked with Canadian Pacific Railway (CPR) for 27 years in various commercial departments including domestic carload freight and intermodal transportation.  For the most of his career Mr. Lawton was on the International side of the business dealing with major international shipping lines, various port authorities, importers/exporters and manufacturers. He was involved in developing new markets, negotiating long term contracts with shipping lines and growing the business through the various ports CPR served in North America.

Over the past six years Mr. Lawton has been stationed in Beijing, PRC, traveling extensively throughout China, developing new markets for CPR, venture opportunities, establishing closer relationships with importers/exporters, freight forwarders, the Railway, as well as various municipal, provincial and state government organizations within the country.

Mr. Lawton has a strong knowledge of Chinese markets, ports and inland transportation systems. This is very valuable to us, as it will introduce our services to these worldwide players. We believe the services we have to offer will be well accepted and appreciated by any party that ships products into Canada.