LTL Software eliminates 3rd party freight payment companies.

Press Release Summary:



PfastLTL(TM) Freight Rating Module allows customers to eliminate need for Third Party Freight Payment companies to pre-rate, audit, and pay company's LTL freight invoices. It also eliminates internal clerical work that is necessary to perform liaison between 3rd party payment services and carriers in getting unpaid invoices resolved. Companies retain all confidential shipping information, allowing them to analyze freight costs and shipping trends accurately.



Original Press Release:



Pfastship announces PfastFreight/LTL(tm)



PfastFreight/LTL attains significant advances

Southern California - August 22, 2002 Pfastship Worldwide Logistics, Inc. today announced the release of PfastLTL(tm) Freight Rating Module, allowing customers to eliminate the need for Third Party Freight Payment Companies to pre-rate, audit and pay a company's LTL freight invoices, creating huge savings. Companies immediately improve their bottom line, make their carriers happier and improve their operating ratio upon the implementation of this module.

Hugh Benefits including Cost Reductions, Operational Benefits and Value Added Services
The significant operational cost reductions and value added services provided by the PfastLTL(tm) Freight Module puts a company in a distinct advantage on several fronts:
o It creates enormous operational cost savings by eliminating the third party payment services.
o It eliminates massive amounts of internal clerical work that is necessary to perform as a liaison between the third party payment services and carriers in getting unpaid invoices resolved.
o The ability to retain control of the corporate monies until time to pay the carriers, improving cash flow.
o Carriers are now placed on a level playing field allowing companies to compare costs easily and negotiate rates with accurate information.
o Improved customer confidence and satisfaction by providing exact freight quotes and eliminating the subsequent invoicing of additional freight charges.
o Improved carrier confidence since companies will be paying carriers accurately and on time.
o Reduces internal clerical operational costs and eliminates the production of individual invoices for each shipment.
o Companies retain all of their confidential shipping information, allowing them to analyze their freight costs and shipping trends accurately.
o The PfastLTL Freight Rating Module has the ability to be utilized in other applications such as a company's website.

Pfastship®-2000, the world's most powerful name in shipping and supply chain execution software, designed for the IBM iSeries (formerly AS/400), Windows NT, UNIX and Client Server environments can turn one's shipping department into a profit center. This feature-rich modular system developed by Pfastship Worldwide Logistics has specialized in small parcel shipping, LTL and transportation software since 1992 and is committed to providing it's customers with the highest quality shipping software, support, consulting and related services. With the addition of the Pfastship LTL Freight Rating Module, companies both large and small, that produce LTL shipments on a daily
basis, now have an extremely valuable tool to add to their arsenal.

Call Pfastship today at 714-800-0200 for a "FREE" on-line demo, e-mail us at logistics@pfastship.com or visit our website at www.pfastship.com for additional information, and put your company on the fast track to becoming a "Profit Center."

Please visit our website for continuing updates at www.pfastship.com
iSeries (Formerly IBM AS/400)
Windows 2000,
UNIX
Terminal Server

Partnerships available for those who qualify!

Pfastship Worldwide Logistics, Inc.
1570 Brookhollow Drive Suite 212
Santa Ana, CA 92705-5428

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