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Anything Brands Online, Inc.: Anything Trucker, Inc Signs LOI to Become US Marketing Arm for Sales and Distribution of NavStar


Published on 2009-07-30 05:11:05, Last Modified on 2009-07-30 05:11:12 - Market Wire
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TUCSON, AZ and ANAHEIM, CA--(Marketwire - July 30, 2009) - Anything Brands Online (PINKSHEETS: [ ANYT ]) Anything Trucker unit announced the signing of a LOI to provide sales and distribution of NavStar Technologies' product lineup for the US market. NavStar Technologies, Inc. (PINKSHEETS: [ NVSR ]) [ www.navstarinc.com ] is a multinational firm focused on developing and commercializing asset tracking and monitoring devices for vehicles and high value cargo. The companies expect to complete the formal agreement within the next 30 days.

Anything Trucker ([ www.anythingtrucker.com ]) and Anything Brands Online myFreightWorld division ([ www.3plinabox.net ]) will leverage their existing sales force to provide equipment, software and related services to trucking and other commercial transportation companies in the US. The NavStar Vehicle Tracker and service will be the initial product sold in 2009. Vehicle Tracker has 20,000 units in service around the world and is a proven performer in the international marketplace. The LOI specifies 10,000 units and associated service will be sold annually which equates to $2.5M in hardware and service revenue. With year one sales forecast in the US at less than one tenth of one percent penetration, there is a significant "upside" in this opportunity. The NavStar product lineup complements Anything Trucker's existing lineup of technology oriented security and safety product offerings and will make the company a major player in these markets.

Tim Norton, President, Anything Trucker, stated, "We are pleased that NavStar has placed its confidence in our organization for the promotion and sale of its product line. I feel we have a partner in NavStar that shares our passion to provide new products and services that will change the way commercial vehicles communicate that will ultimately lead to increased efficiencies and profitable operations."

"I am convinced that when NavStar and Anything Trucker get focused on making the US trucking industry more productive and efficient, you will see some new software and applications that have not been available until now," said N. Douglas Pritt, Chairman & CEO NavStar Technologies, Inc. "Something as simple as immediate confirmation of delivery can improve cash flow for a trucking company by several days and sometimes as much as a week. There are dozens of applications we can develop immediately. With more than 30 million trucks in the US, this is an opportunity we cannot 'slow roll' as originally planned."

About NavStar Technologies, Inc.

NavStar ([ www.navstarinc.com ]) is focused on the creation of products and services that provide tracking and monitoring of vehicles and high value cargo, equipment, and other valuable and personal assets.

About Anything Brands Online, Inc.

Anything Brands ([ http://www.anythingbrandsonline.com ]) markets and sells products and services that improve the level of transportation efficiency and safety of its commercial and recreational customers. Their Tradesman Tool division ([ http://www.tradesmantool.com ]) serves automotive, construction, industrial tools, and auto body supplies. The myFreightWorld division is a business outsourcing company that sells technology, services, and wholesale truck, rail, and airfreight capacity to the logistics manager industry that accounts for over $200 billion of the $650 billion transportation industry spend. Technology services and products are offered via the web or are accessible through web service applications and are provided primarily through private label arrangements. See: [ http://www.3plinabox.com ]

For more information contact Investor Relations at Anything Brands Online ([ www.anythingbrandsonline.com ]) or call 520-742-1890.

FORWARD-LOOKING STATEMENT

This press release contains forward-looking statements within the meaning of U.S. federal securities laws, that involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied in this press release.


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