Power2Ship , Inc.

This press release includes certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.

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They also are willing and able to increase the size of this line
to accommodate our anticipated growth.

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PRESS RELEASE Power2Ship Subsidiary Establishes $2 Million Credit Facility With BB+amp;T Corporation

Power2Ship's Chairman and
Chief Executive Officer, Richard Hersh commented , "Management anticipates
that this credit facility from BB&T will result in a reduction in interest
expense of at least $100,000 during the next year. We are pleased that
BB&T, the country's 9th largest financial institution with approximately
$109 billion in assets, has provided us with this competitively priced
facility. The forward-looking statements are
based on our current expectations and what we believe are reasonable
assumptions; however, our actual performance, results and achievements
could differ materially from those expressed in, or implied by, these
forward-looking statements .

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To become a Power2Ship Member Carrier contact: Customer Service at (866)
998-7557 or go to www.

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To become a Power2Ship Member Shipper contact: Arnie Werther, Vice
President Sales and Operations at (732) 625-3088 or (561) 262-7015 or by
email: awerther@power2ship.p2scarrier.

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(OTC BB: PWRI), the
provider of a Web-based, Logistics, Collaborative Marketplace for the
freight transportation industry and related Homeland Security programs, has
obtained a $2 million revolving line of credit to finance the growth of its
subsidiary Commodity Express Transportation.

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Such
forward -looking statements include, but are not limited to, statements
regarding our current business plans , strategies and objectives that
involve risks and uncertainties that could cause actual results to differ
materially from anticipated results.

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Power2Ship (P2S) is an Application Service Provider that specializes in the
collection and processing of real-time transportation information using
event -driven software that optimizes the utilization of transportation
assets and provides the information to trading partners.net/featured/PWRI/company.

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Factors, within and beyond our control, that
could cause or contribute to such differences include, among others, the
following: we have a history of losses and an accumulated deficit, expect
losses to continue for the foreseeable future and will need to raise
additional working capital in order to implement our business model and
sustain our operations; the loss of one or more of our major customers
could materially and adversely effect our future revenue and business
operations; as well as those factors discussed under "Risk Factors " in our
Form SB-2/A dated December 15, 2004 and various disclosures in other
reports filed from time to time with the United States Securities and
Exchange Commission.

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Power2Ship Inc.asp or
contact him at (866) 998-7557 or (561) 998-7557 or by email:
rhersh@power2ship.

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To hear more information about Power2Ship from Richard Hersh, Chairman &
CEO, go to: http://www.

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About Power2Ship, Inc. P2S has three other divisions established to accelerate the market
penetration of its patent-pending P2S MobileMarket: An International
Licensing Division markets the P2S MobileMarket abroad; a Security
Division focuses on Homeland Security initiatives primarily related to
container security; and a Strategic Transactions Division seeks merger,
acquisition, and joint venture opportunities with strategic trucking
companies and other transportation-related providers.publiccoreport.

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P2S' services are
offered to the supply chain management industry including manufacturers and
distributors of goods as well as service providers that transport the
goods.