Janel World Trade President Stephen Cesarski Retires; William Lally Named as Successor

Dépèche transmise le 20 mai 2009 par Business Wire

JAMAICA, N.Y.--(BUSINESS WIRE)--Janel World Trade, Ltd. (OTCBB:JLWT), a full-service global provider of integrated transportation logistics services, today announced the retirement of its long-time president Stephen P. Cesarski. Mr. Cesarski is being succeeded by William J. Lally, who will become president of Janel corporate, while also retaining his current responsibilities as president of the The Janel Group of Illinois. The transition is effective as of May 18, 2009.

After 31 years of service, Mr. Cesarski, age 64, is retiring from Janel for health reasons, relinquishing his positions as both president and a corporate director. He first joined Janel in 1978, becoming a managing partner along with James N. Jannello, the Company’s founder and chief executive officer.

In the ensuing years, Cesarski spearheaded Janel’s rapid corporate expansion, bringing Janel to a national presence in the transportation logistics industry. During his tenure with Janel, Cesarski has been a key coordinator of the Company’s sales efforts in the Northeast and, most recently since its acquisition, the principal corporate contact for Janel’s Order Logistics division. Steve has two married sons, Andre and Justin, and will continue to reside in Suffolk County (Long Island), New York, with his wife, Ingrid, following his retirement.

Mr. Cesarski has been immediately succeeded by William J. (Bill) Lally, age 55, who will retain his current position as president of the The Janel Group of Illinois, while also assuming his new responsibilities as the Company’s corporate president. One of the Janel’s five original employees, Lally originally moved to Chicago in 1978 to establish the Company’s base in that city and to spearhead its Midwest presence. Lally brings to his new position 31 years of experience in freight forwarding and customs brokerage, including the planning of complex project moves and the transport of heavy lift machinery, for a number of Janel’s major corporate clients. Lally will continue to reside in Wood Dale, Illinois, with his wife of 30 years, Mary Carol. The Lally’s have three grown children, their daughter, Allison, and two sons, William IV and Brian, both of whom are operations executives with Janel Illinois.

James N. Jannello, the Company’s executive vice president and chief executive officer, stated, “While we will undoubtedly miss the vast experience and wise counsel Steve has provided Janel for more than three decades, we are at the same time exceptionally fortunate to have Bill Lally available to fill Steve’s large shoes without missing a step. On behalf of our entire Company and all of our shareholders, we would like to most sincerely thank Steve for his unstinting work on behalf of Janel, which has, without question, been most instrumental in all the successes and growth we have enjoyed. We wish him and the Cesarski family the best of health and fortune as he enters into his well-earned retirement.”

About Order Logistics, Inc.

Order Logistics, Inc., a wholly owned subsidiary of Janel World Trade, Ltd. that is based in Champaign, Illinois, provides solutions that allow companies to more effectively discover, manage, and execute global supply chain strategies. The Order Logistics team, technology, strategies, solutions and dedicated transportation resources allow organizations to access world-class visibility, information and controls without disrupting existing plans, processes, partnerships and information systems. By leveraging technology, business solutions, operational expertise and a centralized capacity network of transportation providers to take advantage of logistical opportunities, Order Logistics provides end-to-end solutions to its customers. This allows each customer to better control its unique distribution network and utilize existing information systems to their full capacity. For additional information, visit www.orderlogistics.com.

About Janel World Trade, Ltd.

Janel World Trade, Ltd. is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution, and other transportation-related services. With offices throughout the U.S. (New York, Chicago, Los Angeles, and Atlanta) and the Far East (Hong Kong, Shanghai, and Shenzhen), the Company provides the comprehensive services necessary to handle its customers' shipping needs throughout the world. Cargo can be transported via air, sea or land, and Janel's national network of locations can manage the shipment and/or receipt of cargo into or out of any location in the United States. Janel is registered as an Ocean Transportation Intermediary and licensed as a NVOCC (non-vessel operating common carrier) by the Federal Maritime Commission. Janel World Trade, Ltd.'s headquarters is located in Jamaica, New York, adjacent to the JFK International Airport, and its common stock is listed on the OTC Bulletin Board under the symbol "JLWT." Additional information on the Company is available on its website at www.janelgroup.net.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "intend," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the Company's dependence upon conditions in the air, ocean and land-based freight forwarding industry, the size and resources of many competitors, the need for the Company to effectively integrate acquired businesses and to successfully deliver its primary services, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission, including its most recent Form 8-K, Form 10-Q and Form 10-K filings. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Business Wire

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