JAMAICA, NY -- (Marketwire) -- 08/16/10 -- Janel World Trade, Ltd. (OTCBB: JLWT), a full-service global provider of integrated transportation logistics and environmental services, announced today financial results for its fiscal third quarter and first nine months ended June 30, 2010.

Three-Month Results

For the three months ended June 30, 2010, Janel reported a record third quarter revenue of $21,004,703, an increase of $5,479,934 or up 35.3% compared to same quarter fiscal 2009. The third quarter 2010 revenue represents the highest third quarter revenue in the Company's history. This milestone follows record revenues for the second quarter 2010 and clearly demonstrates the building strength in the Company's core business units. The significant increase in top-line revenue is well founded on the economic diversity of the Janel customer base resulting in growing shipping demand for the Company's core transportation, customs and logistics services.

Reflecting the successive quarters of record revenue and the unrelenting focus on the management of expenses and overheads, Janel reported in the third quarter 2010 a net income of $166,634, or $.009 per fully diluted share, an improvement of $276,231, compared to a third quarter 2009 net loss of $(109,597), or $(.006) per fully diluted share.

Nine-Month Results

For the nine months ended June 30, 2010, the Company reported total revenue of $57,273,590, up $3,330,920 or 6.2% as compared to the first nine months of fiscal 2009. Because of the same positive factors affecting the third quarter results, the Company reported net income of $215,182 or $.012 per fully diluted share in 2010, a significant improvement in earnings of $732,550 from the 2009 reported net loss of $(517,322), or $(.028) per fully diluted share.

The improvement in earnings for the nine months ended June 30, 2010 is the result of the top line revenue growth combined with the aggressive management of costs year to date. The Company's SG&A for the nine month period was $5,673,199 or a decrease of $(836,376) from the same period in 2009.

Review and Outlook

James N. Jannello, Executive Vice President and Chief Executive Officer, said, "We are very pleased that our third quarter results have continued to reflect the significant turnaround in our core business units from the same nine month period in 2009. The $732,550 year to date improvement in earnings from 2009 is a testament to the success in our corporate planning, strategy and the business plan execution by our people."

Jannello continued, "Looking ahead, our expectation is for continued improvement in our financial results for the remainder of 2010, based on a continuing modest recovery in global economic conditions. Our customers are reporting an improvement in their businesses and they too remain cautiously optimistic about the remainder of the year. Having just experienced excellent shipping volumes in July, the first month of our final quarter for 2010, our expectation is that we can finish fiscal 2010 with at least a 12% growth in revenue from year end 2009.

"We are continuing to focus on growing our core transportation logistics segment and our plan to add established books of business with higher than industry standard margins. We are exploring opportunities to expand existing traffic lanes and services that generate higher operating margins which will continue to enhance the profitability of our business and add to the impressive business turnaround story we are writing."

To be included in Janel's database for Corporate Press Release and industry updates, investors are invited to send their e-mail address to: IRInfo@janelgroup.net.

About Janel World Trade, Ltd.

Janel World Trade, Ltd. is a global provider of integrated logistics and environmental services, including domestic and international freight forwarding via multi-modal carriers, leading-edge, end-to-end, supply-chain technology, customs brokerage, warehousing and distribution, and other transportation-related services. With offices throughout the U.S. (New York, Chicago, Los Angeles, and Atlanta), the Far East (Hong Kong, Shanghai, and Shenzhen) and Central America (El Salvador, Honduras and Guatemala), the Company provides the comprehensive logistics services and technology necessary to handle its customers' shipping needs throughout the world. Cargo can be transported via air, sea or land, and Janel's national network of locations can manage the shipment and/or receipt of cargo into or out of any location in the United States. Janel is registered as an Ocean Transportation Intermediary and licensed as a FMC Licensed Freight Forwarder by the Federal Maritime Commission. The Company also provides a comprehensive menu of global environmental remediation services through its Special Projects Division, headquartered in Champaign, IL. This Division is currently working on environmental projects in Central America, Russia and China with an award grant from the U.S. Trade Development Agency.

Janel World Trade, Ltd.'s headquarters is located in Jamaica, New York, adjacent to the JFK International Airport, and its common stock is listed on the OTC Bulletin Board under the symbol "JLWT." Additional information on the Company is available on its website at http://www.janelgroup.net

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "intend," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the Company's dependence upon conditions in the air, ocean and land-based freight forwarding industry, the size and resources of many competitors, the need for the Company to effectively integrate acquired businesses and to successfully deliver its primary services, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission, including its most recent Form 8-K, Form 10-Q and Form 10-K filings. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

                 JANEL WORLD TRADE LTD. AND SUBSIDIARIES
                  CONSOLIDATED STATEMENTS OF OPERATIONS
                               (Unaudited)

                           NINE MONTHS ENDED         THREE MONTHS ENDED
                                JUNE 30,                  JUNE 30,
                        ------------------------  ------------------------

                           2010         2009         2010         2009

REVENUES                $57,273,590  $53,942,670  $21,004,703  $15,524,769
                        -----------  -----------  -----------  -----------

COSTS AND EXPENSES:
  Forwarding expenses    50,911,782   47,703,356   18,631,763   13,614,681
  Selling, general and
   administrative         5,673,199    6,509,575    1,952,093    1,902,489
  Depreciation and
   amortization             183,252      268,518       61,559       89,456
                        -----------  -----------  -----------  -----------

    TOTAL COSTS AND
     EXPENSES            56,768,233   54,481,449   20,645,415   15,606,626
                        -----------  -----------  -----------  -----------

OPERATING INCOME (LOSS)     505,357     (538,779)     359,288      (81,857)
                        -----------  -----------  -----------  -----------

OTHER ITEMS:
  Interest and dividend
   income                     3,928       13,571        1,122        2,191
  Interest expense          (79,807)    (165,864)     (24,980)     (56,181)
                        -----------  -----------  -----------  -----------
    TOTAL OTHER ITEMS       (75,879)    (152,293)     (23,858)     (53,990)
                        -----------  -----------  -----------  -----------

INCOME (LOSS) BEFORE
 INCOME TAXES               429,478     (691,072)     335,430     (135,847)

Income taxes (credits)      203,000     (185,000)     165,000      (30,000)
                        -----------  -----------  -----------  -----------

NET INCOME (LOSS)           226,478     (506,072)     170,430     (105,847)

Preferred stock
 dividends                   11,296       11,250        3,796        3,750
                        -----------  -----------  -----------  -----------

NET INCOME (LOSS)
 AVAILABLE TO
 COMMON STOCKHOLDERS    $   215,182  $  (517,322) $   166,634  $  (109,597)
                        ===========  ===========  ===========  ===========

OTHER COMPREHENSIVE
 INCOME

NET OF TAX:

Unrealized gain(loss)
 from available for
 sale securities        $    (2,157) $    (6,785) $    (6,429) $     6,990
                        ===========  ===========  ===========  ===========

Basic earnings (loss)
 per share              $      .012  $     (.029) $      .009  $     (.006)
                        ===========  ===========  ===========  ===========

Fully diluted earnings
 (loss) per share       $      .012  $     (.028) $      .009  $     (.006)
                        ===========  ===========  ===========  ===========

Weighted number of
 shares outstanding      18,136,729   17,512,581   18,350,557   17,511,485
                        ===========  ===========  ===========  ===========

Fully diluted weighted
 number of shares
 outstanding             18,536,729   17,912,581   18,750,557   17,911,485
                        ===========  ===========  ===========  ===========

                     See notes to financial statement




                 JANEL WORLD TRADE LTD. AND SUBSIDIARIES
                       CONSOLIDATED BALANCE SHEETS

                                                    JUNE 30,  SEPTEMBER 30,
                                                      2010        2009
                                                  ------------ ------------
                                                   (Unaudited)  (Audited)

                                  ASSETS
CURRENT ASSETS:
  Cash and cash equivalents                       $  1,266,311 $  1,483,150
  Accounts receivable, net of allowance for
   doubtful Accounts of $65,506 and $130,877,
   respectfully                                      6,095,029    4,616,244
  Marketable securities                                 50,122       52,100
  Loans receivable - officers                           96,038      114,616
                     - other                             3,064        4,908
  Prepaid expenses and sundry current assets            81,680      239,437
  Tax refund receivable                                  4,442      289,000
                                                  ------------ ------------
    TOTAL CURRENT ASSETS                             7,596,686    6,799,455
                                                  ------------ ------------

PROPERTY AND EQUIPMENT, NET                            129,163      179,779

OTHER ASSETS:
  Security deposits                                     55,453       55,991
  Deferred income taxes                                998,993    1,114,000
  Intangible assets, net                             1,754,965    1,875,754
                                                  ------------ ------------
    TOTAL OTHER ASSETS                               2,809,411    3,045,745
                                                  ------------ ------------

TOTAL ASSETS                                      $ 10,535,260 $ 10,024,979
                                                  ============ ============




                  LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
  Accounts payable - trade                        $  3,926,861 $  3,116,830
                   - related party                           -      100,078
  Accrued expenses and taxes payable                   404,567      422,110
  Note payable - other                                       -      125,000
  Current portion of long-term debt                  1,155,327      544,141
                                                  ------------ ------------
    TOTAL CURRENT LIABILITIES                        5,486,755    4,308,159
                                                  ------------ ------------

OTHER LIABILITIES:
  Long-term debt                                       490,556    1,506,096
  Deferred compensation                                 78,568       78,568
                                                  ------------ ------------
    TOTAL OTHER LIABILITIES                            569,124    1,584,664
                                                  ------------ ------------

STOCKHOLDERS' EQUITY                                 4,479,381    4,132,156
                                                  ------------ ------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY        $ 10,535,260 $ 10,024,979
                                                  ============ ============





                  JANEL WORLD TRADE LTD AND SUBSIDIARIES
                     EBITDA RECONCILIATION WITH GAAP

                                  NINE MONTHS ENDED    THREE MONTHS ENDED
                                      JUNE 30,              JUNE 30,
                                --------------------  --------------------
                                  2010       2009       2010       2009

Net income (loss) per financial
 statement                      $ 226,478 $ (506,072) $ 170,430 $ (105,847)

Interest expense                   79,087    165,864     24,980     56,181

Income tax expense (credit)       203,000   (185,000)   165,000    (30,000)

Depreciation expense               62,463    102,043     21,294     34,421

Amortization expense              120,789    268,518     40,263     89,456
                                --------- ----------  --------- ----------

EBITDA (Earnings before
 interest, taxes, depreciation
 and amortization               $ 691,817 $ (154,647) $ 421,967 $   44,211
                                --------- ----------  --------- ----------