NEW BREED LOGISTICS RANKED IN 2007 GRANT THORNTON NC 100

HIGH POINT, NC - October 26, 2007 - New Breed Logistics, Inc., based in High Point, North Carolina, announced today that it has again been selected as one of the "Grant Thornton NC 100" for 2007. This is New Breed's seventh consecutive year on the prestigious list.

The "Grant Thornton NC 100" is an annual award that identifies the top 100 privately held companies located in North Carolina. The listing is organized by Grant Thornton along with the Business North Carolina magazine.

In 2006, New Breed experienced a 17% increase in revenue over 2005, which resulted in a ranking of 35th on the "Grant Thornton NC 100" list. The revenue increase was a result of adding several new clients and significantly increasing its service offerings for existing clients such as Boeing, United Technologies, and Verizon Wireless. During the 2006 calendar year, New Breed added more than 1,100 employees and 12 new locations to its growing infrastructure. The company was also named as Boeing's Supplier of the Year for 2006.

New Breed's growth has continued into 2007, as the company expects to increase its revenue by an estimated 27%. In April, New Breed signed a deal with Hallmark in which New Breed is responsible for receiving goods, inventory management and distributing product to retail stores nationwide for the greeting card giant. The company also has two large contracts its plans to finalize by the end of the year.

New Breed also has some exciting projects in the pipeline for 2008, which should prove to be yet another profitable year for the growing company as well. The company expects to add more marquee clients to its already expanding customer list as well as to continue to grow its current service offerings for its major clients.

About New Breed Logistics: New Breed Logistics, Inc is a distribution center operations company, featuring world-class capabilities in warehousing & distribution, manufacturing support, service parts logistics, reverse logistics & repair, and supply chain consulting. Clients include Boeing, MetroPCS Wireless, Siemens Medical Solutions, Sikorsky, the U.S. Marine Corps, the U.S. Postal Service, and Verizon Wireless. Nationally recognized for its superior services, New Breed is consistently named among the Top Third Party Logistics Providers, and one of the top "North Carolina 100" privately held companies by Grant Thornton. New Breed employs more than 4,000 people and operates more than 50 distribution centers.