October 27, 2008
Edgetech International, Inc. And XS Capacity Execute Agreement to Launch XSC Capacity Loadmaster Edge for the Transportation Industry
Edgetech International, Inc. (together with its wholly-owned subsidiary, "Edgetech" or the "Company") (PINKSHEETS: EGIL) is pleased to announce that the Company has executed an agreement with XS Capacity (www.xscapacity.com) to provide a mobile solution for their server based load management program. This deal combines the XS Capacity sever based solution, and currently there are three joint marketing deals in the works (JB Hunt, Cargomaster.com and National Assoc. of Small Truckers), and each would have at least two releases (beta, Implementation).
The XSC Loadmaster Edge will enable truckers and trucking companies to have constant access to the XS Capacity server based software platform. The XS Capacity online open marketplace links the entire ground freight industry to any shipping organization, whether your freight shipping needs are LTL (less than truck load) or full truck loads. By using this application, freight carriers and shippers drive savings and revenue directly to their bottom line.
Edgetech CEO, Lev Parnas, stated, "The XS Capacity relationship is an example of our differentiation from other competitive products in delivering custom solutions to meet specific vertical market requirements. Our ability to provide mobility to these types of business applications is one of our strategic business plan objectives."
XS Capacity CEO and Founder, Steve Krubinski stated, "After seeing the enormous opportunity that The PC Edge brings to the table as far as in cab communications and revolutionizing the way drivers get real time load availability information from any system, I was more than excited about the opportunity to partner with The PC Edge in the creation of the XSC Loadmaster Edge and feel that the combination of our software platform for Internal Interactive Load Boards for shippers along with our open market place for the smaller shippers provides significant benefits for the driver on the road and the shipper looking to move more freight at a reasonable rate."
About Edgetech International:
We are an authorized distributor of "The PC Edge.""The PC Edge" is the Fastest Mobile Internet Device which delivers High Speed Internet Access, displaying full HTML web pages, graphics and java script. "The PC Edge" offers a desktop web experience, together with a full QWERTY Keyboard, Access to Office Suite of programs, 50 GB storage and Remote PC access.
About XS Capacity:
XS Capacity utilizes both commercial freight carriers and private fleets from manufacturers and large commercial distribution companies. They encourage DOT Authorized Private Fleets to join. These private fleets, owned by manufacturers and distributors, are looking for backhaul to cover their return trip. This drives down the cost of their primary business line by reducing the expenses associated with shipping their goods. XS Capacity qualifies each and every carrier requesting to join our network. They are truly an online marketplace of DOT authorized carriers. Do not trust your freight to Non DOT Authorized "Hillbilly Jim" and his cousins moving companies, insure you have a DOT authorized carrier. They monitor our network of freight carriers by utilizing both in-house quality surveys and DOT verifications. Always verify that the carrier you are dealing with is DOT authorized. XS Capacity is Environmentally Friendly. XS Capacity focuses on filling trailers that would normally be driving the roads empty, thereby helping reduce the pollution created by extra trailers on the road.
The Company's executive office facility is located at 4401 W Tradewinds Ave, suite 201, Lauderdale by the Sea, Florida 33308. Its telephone number is 954-772-7782 and its website address is www.thepcedge.com.
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate,""believe,""estimate,""expect,""intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors , including but not limited to the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, which is dependant upon its ability to secure additional needed capital, the level of costs incurred in connection with the Company's planned expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
Contact: Sales and Marketing Edgetech International, Inc. Keith R. Jones Vice President of Sales Telephone No. 954-772-7782 www.thepcedge.com Investor Relations InvestSource, Inc. Paul Salay Telephone: 714-847-2460 x103
SOURCE: Edgetech International, Inc.