Press Releases

MYFREIGHTWORLD TECHNOLOGIES INC. ANNOUNCES LETTER OF INTENT TO ENTER INTO MERGER AGREEMENT WITH ALL MODES TRANSPORT

Overland Park,Ks. August 3^nd, 2010:  MyFreightWorld Technologies Inc. (Pink Sheets: MYFT) www.myfreightworld.com announced today that it has signed a letter of intent to merge the MYFT retail division with All Modes Transport. The agreement is subject to all due diligence completion and preparation of final written documentation.

MYFT CEO J. Michael Head stated, “We expect to announce the completed agreement within days along with All Modes Revenues. The forthcoming announcement and business plan will give our shareholders some very good news about the future of this company.”

Notice on Forward-Looking Statements

myFreightWorld's vision is to realize shareholder value and wealth through monetization of its projects and potential discoveries through partnerships with significant players 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 result of new information, future events, or otherwise. Statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission including the company's Annual Report, Quarterly Reports and other periodic filings.

For Information Contact: MyFreightWorld info@myfreightworld.com