MYFT My Freightworld Technologies Inc (CE)

myFreightWorld.com (PINKSHEETS: MYFT) appointed Stephen M. Ruggiero as a corporate Vice President at its Board meeting of Friday, October 14. Mr. Ruggiero remains President of myFreightWorld's All Modes Transportation subsidiary. Mr. Ruggiero joins the senior management team comprising Kevin C. Childress, President and CEO, Mark Hebden, EVP, Nick E. Gentry, VP-Finance, and Drew White, VP-Operations.

"Stephen is a terrific addition to our corporate management team," said Mr. Childress. "He is a proven operator with years of industry experience and success who brings valuable and highly complementary skills to our executive office. We expect All Modes to add meaningfully to our consolidated cash flow and operating profit as we move into 2012 and beyond."

All Modes also announced its completion of its Google Apps shipping application. This will now allow all Google Apps users to quote and schedule less than truckload (LTL) and truckload (TL) shipments online, all within their Google Apps account. Mr. Ruggiero said, "We are pleased with the upgrade for our Google App. We think this is a huge step in making shipping easier and more efficient for Google App users."

The app can be found at https://www.google.com/enterprise/marketplace.

MYFT will release third quarter earnings after the market close on November 8 and will hold an investor conference call immediately afterward to discuss results and provide information on the Company's prospects. Time and call-in information will be provided shortly.

Separately, MYFT has taken its investor relations function fully in-house and will be responsible for future dissemination of Company information.

About myFreightWorld Technologies Inc.

myFreightWorld Technologies Inc. is a business services firm that specializes in providing technology, transportation and supply chain management services to third-party logistics managers (3PLs) and transportation intermediaries (TIs), primarily in the United States. Leveraging its proprietary Web-based software platform, the Company provides its 3PL and Motor Carrier customers with a Customer Relationship Management (CRM) information pipeline that provides complete visibility to shippers, consignees and other interested suppliers of shipments during the entire Shipment Life Cycle. For more information, see www.myfreightworld.com.

myFreightWorld's mission is to realize shareholder value and wealth through monetization of its projects and potential discoveries through partnerships with significant participants with ready capital and production expertise. The matters set forth in this press release may contain forward-looking statements regarding myFreightWorld and its business within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements speak only as of the date on which they are made and myFreightWorld undertakes no obligation to publicly update or revise any forward-looking statement, whether as a consequence of new information, future events, or otherwise. Statements are subject to risks and uncertainties that may cause actual outcomes to differ materially. These risks are detailed from time to time in the company's periodic reports filed with the OTC Pinksheets including the company's Annual Report, Quarterly Reports and other periodic filings.

Contact: myFreightWorld Investor Relations Email Contact 1-877-549-9438 ext. 5270