Logistics Management Resources Inc. Retains CLX & Associates as Investor and Public Relations Representative

Business Wire, April 26, 2004

Business Editors

LOUISVILLE, Ky.--(BUSINESS WIRE)--April 26, 2004

Logistics Management Resources Inc. (OTCBB:LMRI), today announced that the company has retained CLX & Associates, Inc., as its Investor Relations/Public Relations firm.

Commenting on the announcement, Dan Pixler, Chairman and Chief Executive Officer of Logistics Management Resources Inc., stated, "CLX will serve as the Company's intermediary with its shareholders, investors and the investment community. We have engaged CLX to arrange additional analyst research coverage, communicating financing developments and expansion potential to the financial community and prospective investors."

Logistics Management Resources Inc. is a Louisville, Kentucky based holding company which has been in the process of restructuring its operations and resolving the claims of its creditors since late 2000. The Company has begun to seek business combinations of one or more merger candidates as an integral part of its reorganization strategy.

The news release contains 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. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive and other factors, including among other things, the size or timing of customer contracts, new or increased competition, changes in the market demand and seasonality of purchases of the Company's product and services. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors that could materially affect the company and its operations are included in certain forms the company files with the U.S. Securities and Exchange Commission.