Logistics Management Resources Retains New Accounting Firm

Business Wire, March 19, 2001

Business Editors

LOUISVILLE, Ky.--(BUSINESS WIRE)--March 19, 2001

Logistics Management Resources, Inc. (OTC:BB:LMRI), which is focused on acquiring and managing non-asset based transportation logistics and human resource companies, today announced that it has retained the accounting firm Rosenberg Rich Baker Berman & Company of Bridgewater, New Jersey as it auditors.

Rosenberg Rich Baker Berman & Company is a regional firm with 10 partners, 3 principles and a professional staff of approximately 40, offering financial consultation, tax services, estate planning, trust and succession planning, and financial reporting for privately-held and publicly-owned companies, specializing in several industries including transportation.

"This is a giant step in the right direction for our company. Rosenberg Rich Baker Berman & Company is highly regarded in their work with publicly-owned companies. They are also known in transportation are a member of the American Trucking Association." commented Dan L. Pixler, Chairman and C.E.O. of Logistics Management. "They know our business and can provide the services we need to grow."

Logistics Management Resources, headquartered in Louisville, is a holding company that is in the business of acquiring and managing non-asset based transportation logistics and human resource companies. The Company is currently in discussion with several acquisition candidates, all of which are subject to the completion of definitive agreements and due diligence. US 502.339.4000

Statements in this news release that relate to future plans, financial results or projections, events or performance are forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While these statements are made to convey to the public the Company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent the management's opinion. Where management believes such representations to be true and accurate based on information available to the Company at this time, actual results may differ materially from those described.

In addition to the matters described in this news release, risk factors listed from time to time in the Company's SEC reports and filings, including, but not limited to, its report on Form 10-QSB for the quarter ended Sept. 30, 2000, and its report on Form 10-KSB for the year ended Dec. 31, 1999, may affect the results achieved by the Company.