<SUBMISSION>
<ACCESSION-NUMBER>0001166003-04-000020
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20040908
<ITEMS>5.02
<FILING-DATE>20040908
<DATE-OF-FILING-DATE-CHANGE>20040908
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>SEGMENTZ INC
<CIK>0001166003
<ASSIGNED-SIC>4700
<IRS-NUMBER>752928175
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-32172
<FILM-NUMBER>041020691
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>18302 HIGHWOODS PRESERVE PARKWAY
<STREET2>SUITE100
<CITY>TAMPA
<STATE>FL
<ZIP>33647
<PHONE>813-989-2232 X238
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>18302 HIGHWOODS PRESERVE PARKWAY
<STREET2>SUITE100
<CITY>TAMPA
<STATE>FL
<ZIP>33647
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>presidenteightk.htm
<TEXT>

<HTML>
<HEAD>Segmentz names new President</HEAD>
<BODY LANG="en-US" TEXT="#000000">
<P STYLE="border: none; padding: 0cm">&nbsp;</P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><FONT SIZE=4 STYLE="font-size: 13pt"><B>UNITED
STATES</B></FONT></P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><FONT SIZE=4 STYLE="font-size: 13pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B> </FONT>
</P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><B>Washington, D.C. 20549</B>
</P>
<HR SIZE=1 NOSHADE>
<P ALIGN=CENTER><FONT SIZE=5><B>FORM 8-K</B> </FONT>
</P>
<P ALIGN=CENTER><B>CURRENT REPORT </B>
</P>
<P ALIGN=CENTER><FONT SIZE=2><B>Pursuant to Section&nbsp;13 or 15(d)
of the<BR>Securities Exchange Act of 1934 </B></FONT>
</P>
<P ALIGN=CENTER><FONT SIZE=2>Date of Report: </FONT>
</P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><FONT SIZE=2>September 8,
2004 </FONT>
</P>
<P ALIGN=CENTER><FONT SIZE=2>(Date of earliest event reported) </FONT>
</P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><FONT SIZE=6>Segmentz,
Inc. </FONT>
</P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><FONT SIZE=2>(Exact name
of registrant as specified in its charter) </FONT>
</P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><FONT SIZE=2>Delaware<FONT FACE="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT COLOR="#000000">000-49606</FONT><FONT FACE="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT COLOR="#000000">
03-0450326</FONT></FONT></P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><FONT SIZE=2>(State or
other jurisdiction of &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(Commission File Number) <FONT FACE="Arial">&nbsp;&nbsp;&nbsp;
</FONT>(I.R.S. Employer Identification Number)</FONT></P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><FONT SIZE=2>incorporation
or organization)</FONT></P>
<P STYLE="margin-bottom: 0cm"><FONT SIZE=2>&nbsp;</FONT></P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><FONT SIZE=2><U>18302
Highwoods Preserve Parkway Suite 100 Tampa, FL 33647</U></FONT></P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><FONT SIZE=2>(Address of
principal executive offices) </FONT>
</P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm">&nbsp;</P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><FONT SIZE=2>Registrant's
telephone number, including area code:</FONT></P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><FONT SIZE=2>(813)
989-2232</FONT></P>
<HR SIZE=1 COLOR="#000000" NOSHADE>
<HR SIZE=3 COLOR="#000000" NOSHADE>
<P CLASS="msonormal">&nbsp;</P>
<P CLASS="msonormal">Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions (see General
Instruction A.2. below):</P>
<P STYLE="margin-bottom: 0.42cm"><FONT FACE="WP IconicSymbolsA">9<FONT SIZE=1><FONT FACE="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></FONT></FONT>Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)</P>
<P STYLE="margin-bottom: 0.42cm"><FONT FACE="WP IconicSymbolsA">9<FONT SIZE=1><FONT FACE="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></FONT></FONT>Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)</P>
<P STYLE="margin-bottom: 0.42cm"><FONT FACE="WP IconicSymbolsA">9<FONT SIZE=1><FONT FACE="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></FONT></FONT>Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))</P>
<P STYLE="margin-bottom: 0.42cm"><FONT FACE="WP IconicSymbolsA">9<FONT SIZE=1><FONT FACE="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></FONT></FONT>Pre-commencement communications</P>
<P ALIGN=JUSTIFY STYLE="page-break-before: always"><FONT SIZE=2 STYLE="font-size: 11pt">SECTION
5. CORPORATE GOVERNANCE and MANAGEMENT.</FONT></P>
<P ALIGN=JUSTIFY><FONT SIZE=2 STYLE="font-size: 11pt">Item 5.02
Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers..</FONT></P>
<P CLASS="msonormal"><FONT SIZE=2 STYLE="font-size: 11pt">On
September 8, 2004, pursuant to the terms and provisions of the
acquisition of Express-1, Inc. by Segmentz, Inc., Mike Welch was
named President of Segmentz, Inc., and as a member of its&rsquo;
Board of Directors, and John S. Flynn was noticed of his termination
as President and resigned as a member of Segmentz Board of Directors.
Mike Welch has been the Chief Executive Officer of Express-1, Inc.
since founding the company twelve years ago. He has no other
affiliations with public companies and has transacted no material
business with Segmentz prior to the acquisition of his company.
Segmentz has entered into an employment contract with Mike Welch that
provides for salary of $125,000 per year, $30,000 in deferred
compensation payable at minimum bonus,  auto allowance, insurance and
expense reimbursement in accordance with policies for similar
executives.</FONT></P>
<P CLASS="msonormal"><FONT SIZE=2 STYLE="font-size: 11pt">&nbsp;</FONT></P>
<P ALIGN=JUSTIFY>&nbsp;</P>
<P ALIGN=JUSTIFY><FONT SIZE=2 STYLE="font-size: 11pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Exhibits</FONT></P>
<CENTER>
	<TABLE WIDTH=90% BORDER=0 CELLPADDING=0 CELLSPACING=0>
		<TR VALIGN=BOTTOM>
			<TD WIDTH=4%>
				<P CLASS="msonormal" ALIGN=JUSTIFY STYLE="border: none; padding: 0cm">
				<FONT SIZE=2 STYLE="font-size: 11pt">2.1</FONT></P>
			</TD>
			<TD WIDTH=2%>
				<P CLASS="msonormal" ALIGN=JUSTIFY STYLE="border: none; padding: 0cm">
				&nbsp;</P>
			</TD>
			<TD WIDTH=93%>
				<P CLASS="msonormal" ALIGN=JUSTIFY STYLE="border: none; padding: 0cm">
				<FONT SIZE=2 STYLE="font-size: 11pt">Employment Agreement by and
				between Mike Welch and Segmentz, Inc. dated August 31, 2004.</FONT></P>
			</TD>
		</TR>
		<TR VALIGN=BOTTOM>
			<TD WIDTH=4%>
				<P CLASS="msonormal" ALIGN=JUSTIFY STYLE="border: none; padding: 0cm">
				<FONT SIZE=2 STYLE="font-size: 11pt">99.1</FONT></P>
			</TD>
			<TD WIDTH=2%>
				<P CLASS="msonormal" ALIGN=JUSTIFY STYLE="border: none; padding: 0cm">
				&nbsp;</P>
			</TD>
			<TD WIDTH=93%>
				<P CLASS="msonormal" ALIGN=JUSTIFY STYLE="border: none; padding: 0cm">
				<FONT SIZE=2 STYLE="font-size: 11pt">Press Release dated
				September 8, 2004</FONT></P>
			</TD>
		</TR>
	</TABLE>
</CENTER>
<P ALIGN=CENTER STYLE="page-break-before: always"><FONT SIZE=2 STYLE="font-size: 11pt"><B>SIGNATURE</B>
</FONT>
</P>
<P STYLE="margin-bottom: 0cm"><FONT SIZE=2 STYLE="font-size: 11pt">Pursuant
to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized. </FONT>
</P>
<P STYLE="margin-bottom: 0cm"><FONT SIZE=2 STYLE="font-size: 11pt">&nbsp;</FONT></P>
<P STYLE="margin-left: 7.62cm; margin-bottom: 0cm"><FONT SIZE=2 STYLE="font-size: 11pt">SEGMENTZ,
INC.</FONT></P>
<P STYLE="margin-left: 8.89cm; margin-bottom: 0cm"><FONT SIZE=2 STYLE="font-size: 11pt">&nbsp;</FONT></P>
<P STYLE="margin-left: 8.89cm; margin-bottom: 0cm"><FONT SIZE=2 STYLE="font-size: 11pt">By:<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
/s/ Allan J. Marshall <BR></U>Name: Allan J. Marshall</FONT></P>
<P STYLE="margin-left: 10.16cm; margin-bottom: 0cm"><FONT SIZE=2 STYLE="font-size: 11pt">Title:
&nbsp;&nbsp;&nbsp; Chief Executive Officer</FONT></P>
<P><FONT SIZE=2 STYLE="font-size: 11pt">Date:&nbsp; September 8, 2004</FONT></P>
<P CLASS="msonormal"><FONT SIZE=2 STYLE="font-size: 11pt">&nbsp;</FONT></P>
<P CLASS="msonormal"><FONT SIZE=2 STYLE="font-size: 11pt">&nbsp;</FONT></P>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>2
<FILENAME>mikewelchemployment.htm
<TEXT>

<HTML>
<HEAD>
<TITLE>Employment Agreement - Mike Welch (N0476401.DOC;2)</TITLE>
</HEAD>
<BODY LANG="en-US" TEXT="#000000">
<P ALIGN=CENTER STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><FONT FACE="Arial, sans-serif"><U><B>EXECUTIVE
EMPLOYMENT AGREEMENT</B></U></FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">THIS EXECUTIVE EMPLOYMENT AGREEMENT
(the &quot;Agreement&quot;) is made and entered into as of the ___ of
__________, 2004 (the &quot;Effective Date&quot;), between Segmentz,
Inc., a Delaware corporation, whose principal place of business is
18302 Highwoods Preserve Parkway, Suite 100, Tampa, Florida 33467
(the &quot;Company&quot;) and Mike Welch, an individual whose address
is 3039 Sundance Path, Stevensville, MI 49127 (the &quot;Executive&quot;).</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><FONT FACE="Arial, sans-serif">RECITALS</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	The Company is a Delaware corporation
and is principally engaged in the business of Expedited
Transportation and Third Party Logistics (the &quot;Business&quot;).</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">B.	The Executive has extensive
experience in logistics operations and transportation management.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">C.	The Company desires to employ the
Executive and the Executive desires to be employed by the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">D.	 The parties agree that a covenant
not to compete is essential to the growth and stability of the
Business of the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">NOW, THEREFORE, in consideration of
the mutual agreements herein made, the Company and the Executive do
hereby agree as follows:</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Recitals</U>.  The above recitals
are true, correct, and are herein incorporated by reference.  </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Employment</U>.  The Company
hereby employs the Executive, and the Executive hereby accepts
employment, upon the terms and conditions hereinafter set forth.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Authority and Power During
Employment Period</U>.  </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Duties and Responsibilities</U>.
During the term of this Agreement, the Executive shall serve as
President for the Company and shall have general executive operating
supervision over the operations and sales departments of the Company,
its subsidiaries and divisions, subject to the guidelines and
direction of the Chief Executive Officer and the Board of Directors
of the Company.   </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Time Devoted</U>.  Throughout the
term of the Agreement, the Executive shall devote all of the
Executive's business time and attention to the business and affairs
of the Company consistent with the Executive's position with the
Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Term</U>.  The Term of employment
hereunder will commence on the date as set forth above and terminate
four (4) years from the Effective Date, and such term shall
automatically be extended for a one (1) year term thereafter at the
request of the Company.  For purposes of this Agreement, the Term
(the &quot;Term&quot;) shall include the initial term and all
renewals thereof.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Compensation and Benefits</U>.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Salary</U>.  The Executive shall
be paid a base salary (the &quot;Base Salary&quot;) at an annual rate
of one hundred and twenty five thousand Dollars ($125,000) beginning
at the Effective Date of this Agreement for the first year with a
minimum annual increase to base salary of Ten Thousand dollars
($10,000) for the subsequent term of the contract.  In addition the
Executive will be furnished a company car or comparable car allowance
during the term of the agreement.    </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Performance Based Bonus</U>.  As
additional compensation, the Executive shall be entitled to receive a
bonus (&quot;Bonus&quot;) for each fiscal year during the Term of the
Executive's employment by the Company in an amount of Twenty Thousand
Dollars ($20,000) per million of net income reported by the Company.
In addition, the Executive will be granted options to purchase fifty
thousand (50,000) shares of common stock of the Company per million
of net income, at an exercise price of $1.45 per share, exercisable
for a period of three years from the date of issuance.  Any partial
year of the contract the performance bonus will be prorated.
Further, depending on operations department performance, Executive
may receive additional compensation, in cash, stock or options.  All
bonuses are subject to board approval.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">c.	<U>Options</U>.  On the Effective
Date of the agreement, Executive shall be granted options to purchase
five hundred thousand (500,000) shares at 1.45 per share upon
execution of the contract which shall vest over the following four
years.  </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">d.	<U>Executive Benefits</U>.  The
Executive shall be entitled to participate in benefit programs of the
Company currently existing or hereafter made available to comparable
executives, including, but not limited to, group life insurance,
health insurance, dental, 401 K and deferred compensation.  The
Executive will receive a minimum of $30,000 per year as additional
compensation to be contributed by the Company to the deferred
compensation plan that shall be subject to the deferred compensation
plan terms. </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">e.	<U>Vacation</U>.  During each
fiscal year of the Company, the Executive shall be entitled to five
(5) weeks of paid time off (PTO).  </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">f.	<U>Business Expense Reimbursement</U>.
 During the Term of employment, the Executive shall be entitled to
receive proper reimbursement for all reasonable, out-of-pocket
expenses incurred by the Executive (in accordance with the policies
and procedures established by the Company for its senior executive
officers) in performing services hereunder, provided the Executive
properly accounts therefore.  </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>		</FONT>g.
	<U>AMEX Restriction</U>.  Notwithstanding any provision of this
Agreement to the contrary, the total number of shares of common stock
of the Company issued under the terms of this Agreement and all
related agreements (including, but not limited to, that certain Stock
Purchase Agreement executed herewith (the &ldquo;Stock Purchase
Agreement&rdquo;), shall in no event exceed 19.9% of the number of
shares of common stock of the Company outstanding as of the date of
this Agreement</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Consequences of Termination of
Employment</U>.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Death</U>.  In the event of the
death of the Executive during the Term, salary and earned bonus shall
be paid to the Executive's designated beneficiary, or, in the absence
of such designation, to the estate or other legal representative of
the Executive until the date of death.  Other death benefits will be
determined in accordance with the terms of the Company's benefit
programs and plans.  All benefits, including stock options will be
made a part of Executive&rsquo;s estate.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif"> </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Disability</U>.  </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	In the event of the Executive's
disability, as hereinafter defined, the Executive shall be entitled
to compensation in accordance with the Company's disability
compensation practice for senior executives, including any separate
arrangement or policy covering the Executive, but in all events the
Executive shall continue to receive the Executive's salary for a
period, at the annual rate in effect immediately prior to the
commencement of disability, of ninety (90) days from the date on
which the disability has been deemed to occur as hereinafter provided
below.  Any amounts provided for in this Section 6(b) shall be offset
by other long-term disability benefits provided to the Executive by
the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	&quot;Disability,&quot; for the
purposes of this Agreement, shall be deemed to have occurred in the
event (A) the Executive is unable by reason of sickness or accident
to perform the Executive's duties under this Agreement for an
aggregate of 30 days in any twelve-month period or (B) the Executive
has a guardian of the person or estate appointed by a court of
competent jurisdiction.  Termination due to disability shall be
deemed to have occurred upon the first day of the month following the
determination of disability as defined in the preceding sentence.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">Anything herein to the contrary
notwithstanding, if, following a termination of employment hereunder
due to disability as provided in the preceding paragraph, the
Executive becomes reemployed, whether as an Executive or a consultant
to the Company, any salary, annual incentive payments or other
benefits earned by the Executive from such reemployment shall offset
any salary continuation due to the Executive hereunder commencing
with the date of re-employment.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Termination by the Company for
Cause</U>. </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	Nothing herein shall prevent the
Company from terminating Employment for &quot;Cause,&quot; as
hereinafter defined.  The Executive shall continue to receive salary
only for the period ending ten (10) days after the date of such
termination plus any accrued Bonus through such date of termination.
Executive shall be entitled to keep only those rights and benefits in
respect of any other compensation that have vested as of the date of
termination; all other rights and benefits shall be lost..  </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	&quot;Cause&quot; shall mean and
include those actions or events specified below in subsections (A)
through (G) to the extent the same occur, or the events constituting
the same take place, subsequent to the date of execution of this
Agreement:  (A)  Committing or participating in an injurious act of
fraud, gross neglect or embezzlement against the Company; (B)
committing or participating in any other injurious act or omission in
a manner which was negligent against the Company, monetarily or
otherwise; (C)&nbsp;engaging in a criminal enterprise involving moral
turpitude; (D) conviction of an act or acts constituting a felony
under the laws of the United States or any state thereof; (E) any
assignment of this Agreement by the Executive in violation of Section
14 of this Agreement; or (F) failure to discharge duties under this
Agreement.  No actions, events or circumstances occurring or taking
place at any time prior to the date of this Agreement shall in any
event constitute or provide any basis for any termination of this
Agreement for Cause;</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	Notwithstanding anything else
contained in this Agreement, this Agreement will not be deemed to
have been terminated for Cause unless and until there shall have been
delivered to the Executive a notice of termination stating that the
Executive committed one of the types of conduct set forth in this
Section 6(c) contained in this Agreement and specifying the
particulars thereof and the Executive shall be given a <U>thirty (30</U>)
day period to cure such conduct, if possible.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Termination by the Company Other
than for Cause</U>.  The foregoing notwithstanding, the Company may
terminate the Executive's employment for whatever reason it deems
appropriate; provided, however, that in the event such termination is
not pursuant to Section 6, Section 6, or Section 6, the Company may
terminate this Agreement upon giving three (3) months' prior written
notice.  During such three (3) month period, the Executive shall
continue to perform the Executive's duties pursuant to this
Agreement, and the Company shall continue to compensate the Executive
in accordance with this Agreement with full benefits (including but
not limited to deferred compensation and insurance) for the lesser
period of twenty four (24) months after termination date or for the
remainder of the agreement.  During such time the Executive shall not
be entitled to any additional options, and shall receive a pro-rated
bonus, to the extent any is due and payable.  Additionally, all
options will be vest immediately when executive is terminated by the
Company pursuant to this Section 6. </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Voluntary Termination</U>.  In the
event the Executive terminates the Executive's employment on the
Executive's own volition (except as provided in Section 6(f) and/or
Section 6(g)) prior to the expiration of the Term of this Agreement,
including any renewals thereof, Executive shall be limited to salary,
earned bonus, and vested options to date of voluntary termination.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; page-break-inside: avoid; widows: 2; orphans: 2; page-break-after: avoid">
<FONT FACE="Arial, sans-serif">	<U>Termination Following a Change of
Control</U>.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; page-break-inside: avoid; widows: 2; orphans: 2; page-break-after: avoid">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; text-indent: 2.54cm; margin-bottom: 0cm; page-break-inside: avoid; widows: 2; orphans: 2; page-break-after: avoid">
<FONT FACE="Arial, sans-serif">	In the event that a &quot;Change in
Control&quot; of the Company shall occur at any time during the Term
hereof, the Executive shall have the right to terminate the
Executive's employment under this Agreement upon thirty (30) days
written notice given at any time within one year after the occurrence
of such event, and such termination of the Executive's employment
with the Company pursuant to this Section 6(g)(1), and, in any such
event, Executive shall be entitled to (A) vesting of all options; and
(B) payment of remaining salary and benefits for the greater of the
Term of contract at salary of at least $125,000 per year or three
months.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	For purposes of this Agreement, a
&quot;Change in Control&quot; of the Company shall mean a change in
control (A) as set forth in Section 280G of the Internal Revenue Code
or (B) of a nature that would be required to be reported in response
to Item 1 of the current report on Form 8K, as in effect on the date
hereof, pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934 (the &quot;Exchange Act&quot;); provided that, without
limitation, such a change in control shall be deemed to have occurred
at such time as:</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 2.54cm; text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">(A)	any &quot;person&quot;, other than
the Executive,  (as such term is used in Section 13(d) and 14(d) of
the Exchange Act) is or becomes the &quot;beneficial owner&quot; (as
defined in Rule 13d-3 under the Exchange Act), directly or
indirectly, of securities of the Company representing fifty percent
(50%) or more of the combined voting power of the Company's
outstanding securities then having the right to vote at elections of
directors; or,</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 2.54cm; text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">(B)	There is a failure to elect three
or more (or such number of directors as would constitute a majority
of the Board of Directors) candidates nominated by management of the
Company to the Board of Directors; or</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 2.54cm; text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">(C)	the individuals who at the
commencement date of the Agreement constitute the Board of Directors
cease for any reason to constitute a majority thereof unless the
election, or nomination for election, of each new director was
approved by a vote of at least two thirds of the directors then in
office who were directors at the commencement of the Agreement; or</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-left: 2.54cm; text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 2.54cm; text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">(D)	the business of the Company for
which the Executive's services are principally performed is disposed
of by the Company pursuant to a partial or complete liquidation of
the Company, a sale of assets (including stock of a subsidiary of the
Company) or otherwise.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><FONT FACE="Arial, sans-serif">Anything
herein to the contrary notwithstanding, this Section 6(g)(2) will not
apply where the Executive gives the Executive's explicit written
waiver stating that for the purposes of this Section 6(g)(2) a Change
in Control shall not be deemed to have occurred.  The Executive's
participation in any negotiations or other matters in relation to a
Change in Control shall in no way constitute such a waiver which can
only be given by an explicit written waiver as provided in the
preceding sentence.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; margin-bottom: 0cm; page-break-inside: avoid; widows: 2; orphans: 2; page-break-after: avoid">
<FONT FACE="Arial, sans-serif">	<U>Covenant Not to Compete</U>.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; page-break-inside: avoid; widows: 2; orphans: 2; page-break-after: avoid">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; page-break-inside: avoid; widows: 2; orphans: 2; page-break-after: avoid">
<FONT FACE="Arial, sans-serif">a.	<U>Covenant Not to Compete</U>.
The Executive acknowledges and recognizes the highly competitive
nature of the Company's business and the goodwill, continued
patronage, and specifically the names and addresses of the Company's
Clients (as hereinafter defined) constitute a substantial asset of
the Company having been acquired through considerable time, money and
effort.  Accordingly, in consideration of the execution of this
Agreement and the Stock Purchase Agreement the Executive agrees to
the following:</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	(1)	That during the Restricted Period
(as hereinafter defined) and within the Restricted Area (as
hereinafter defined), the Executive will not, individually or in
conjunction with others, directly or indirectly, engage in any
Competitive Business Activities (as hereinafter defined), whether as
an officer, director, proprietor, employer, partner, independent
contractor, investor (other than as a holder solely as an investment
of less than 1% of the outstanding capital stock of a publicly traded
corporation), consultant, advisor or agent.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	(2)	That during the Restricted Period
and within the Restricted Area, the Executive will not, directly or
indirectly, compete with the Company by soliciting, inducing or
influencing any of the Company's Clients which have a business
relationship with the Company at the time during the Restricted
Period to discontinue or reduce the extent of such relationship with
the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">b.	<U>Non&nbsp;Disclosure of
Information</U>.  Executive agrees that during the term hereof, and
during the Restricted Period, Executive will comply with the
confidentiality covenants set forth in Section 6(d) of the Stock
purchase Agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">c.	<U>Company's Clients</U>.  The
&quot;Company's Clients&quot; shall be deemed to be any partnerships,
corporations, professional associations or other business
organizations for whom the Company or its subsidiaries have performed
Business Activities.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm"><FONT FACE="Arial, sans-serif">d.	<U>Restrictive
Period</U>.  The &quot;Restrictive Period&quot; shall be deemed to
commence on the date of this Agreement, and end twenty four (24)
months after the scheduled date for final payment pursuant to the
Stock Purchase Agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm"><FONT FACE="Arial, sans-serif">	Notwithstanding
the foregoing, in the event the Company fails to make any Annual
Payment Amount under Section 2(b)(ii) of the Stock Purchase
Agreement, and said nonpayment continues for a period of greater than
sixty (60) days after receipt by the Company of written notice of
default from one or more of the Sellers (as defined in the Stock
Purchase Agreement), the provisions of this Section 7 shall be void
and of no further force and effect.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif"> e.	<U>Competitive Business
Activities</U>.  The term &quot;Competitive Business Activities&quot;
as used herein shall be deemed to mean the business of expedited
transportation and third party logistics.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">f. 	<U>Restrictive Area</U>.  The term
&ldquo;Restrictive Area&rdquo; shall be deemed to mean any area in
which the Company does business.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">g.	<U>Covenants as Essential Elements
of this Agreement</U>.  It is understood by and between the parties
hereto that the foregoing covenants contained in Section 7 are
essential elements of this Agreement, and that but for the agreement
by the Executive to comply with such covenants, the Company would not
have agreed to enter into this Agreement or the Stock Purchase
Agreement.  Such covenants by the Executive shall be construed to be
agreements independent of any other provisions of this Agreement or
of the Stock Purchase Agreement.  The existence of any other claim or
cause of action, whether predicated on any other provision in this
Agreement, or otherwise, as a result of the relationship between the
parties shall not constitute a defense to the enforcement of such
covenants against the Executive.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">h.	<U>Survival After Termination of
Agreement</U>.  Notwithstanding anything to the contrary contained in
this Agreement, the covenants in Section 7 shall survive the
termination of this Agreement and the Executive's employment with the
Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">i. 	<U>Revisions</U>.  The parties
hereto acknowledge that (A) the restrictions contained in Section 7
are fair and reasonable and are not the result of overreaching,
duress, or coercion of any kind, and (B) Executive&rsquo;s full,
uninhibited, and faithful observance of each of the covenants
contained in this Agreement will not cause Executive any undue
hardship, financial or otherwise.  It is the intention of all parties
to make the covenants of Section 7 binding only to the extent that it
may be lawfully done under existing applicable laws.  In the event
that any part of any covenant of Section 7 is determined by a court
of law to be overly broad thereby making the covenant unenforceable,
the parties hereto agree, and it is their desire, that such court
shall substitute a reasonable, judicially enforceable limitation in
place of the offensive part of the covenant and as so modified the
covenant shall be as fully enforceable as set forth herein by the
parties themselves in the modified form.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><FONT FACE="Arial, sans-serif">		j.	<U>Remedies</U>.
 The Executive acknowledges and agrees that the Company's remedy at
law for a breach or threatened breach of any of the provisions of
Section 7 herein would be inadequate and a breach thereof will cause
irreparable harm to the Company.  In recognition of this fact, in the
event of a breach by the Executive of any of the provisions of
Section 7, the Executive agrees that, in addition to any remedy at
law available to the Company, including, but not limited to, monetary
damages and all rights of the Executive to payment or otherwise under
this Executive Employment Agreement may be terminated, and the
Company, without posting any bond, shall be entitled to obtain, and
the Executive agrees not to oppose the Company's request for,
equitable relief in the form of specific performance, temporary
restraining order, temporary or permanent injunction or any other
equitable remedy which may then be available to the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Indemnification</U>.  </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	The Executive shall continue to be
covered by the Articles of Incorporation and/or the Bylaws of the
Company with respect to matters occurring on or prior to the date of
termination of the Executive's employment with the Company, subject
to all the provisions of Florida and Federal law and the Articles of
Incorporation and Bylaws of the Company then in effect.  Such
reasonable expenses, including attorneys' fees that may be covered by
the Articles of Incorporation and/or Bylaws of the Company shall be
paid by the Company on a current basis in accordance with such
provision, the Company's Articles of Incorporation and Florida law.
To the extent that any such payments by the Company pursuant to the
Company's Articles of Incorporation and/or Bylaws may be subject to
repayment by the Executive pursuant to the provisions of the
Company's Articles of Incorporation or Bylaws, or pursuant to Florida
or Federal law, such repayment shall be due and payable by the
Executive to the Company within twelve (12) months after the
termination of all proceedings, if any, which relate to such
repayment and to the Company's affairs for the period prior to the
date of termination of the Executive's employment with the Company
and as to which Executive has been covered by such applicable
provisions.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	The Company specifically acknowledges
and agrees that the Executive has personally guaranteed certain
obligations on behalf of the Company and further that the Executive
is personally liable for certain obligations of the Company.  The
Company shall indemnify and hold the Executive harmless from any and
all obligations that the Executive may incur, including, without
limitation, costs and attorneys fees in connection with such
guaranties or personal liabilities.  Any costs or expenses that may
be incurred by the Executive in connection with such liabilities or
guaranties shall be reimbursed to the Executive, upon receipt by the
Company of documented evidence of such liabilities, within three (3)
business days of the receipt of such documented evidence.  </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Withholding</U>.  Anything to the
contrary notwithstanding, all payments required to be made by the
Company hereunder to the Executive or the Executive's estate or
beneficiaries shall be subject to the withholding of such amounts, if
any, relating to tax and other payroll deductions as the Company may
reasonably determine it should withhold pursuant to any applicable
law or regulation.  In lieu of withholding such amounts, the Company
may accept other arrangements pursuant to which it is satisfied that
such tax and other payroll obligations will be satisfied in a manner
complying with applicable law or regulation.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Notices</U>.  Any notice required
or permitted to be given under the terms of this Agreement shall be
sufficient if in writing and if sent postage prepaid by registered or
certified mail, return receipt requested; by overnight delivery; by
courier; or by confirmed telecopy, in the case of the Executive to
the Executive's last place of business or residence as shown on the
records of the Company, or in the case of the Company to its
principal office as set forth in the first paragraph of this
Agreement, or at such other place as it may designate.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Waiver</U>.  Unless agreed in
writing, the failure of either party, at any time, to require
performance by the other of any provisions hereunder shall not affect
its right thereafter to enforce the same, nor shall a waiver by
either party of any breach of any provision hereof be taken or held
to be a waiver of any other preceding or succeeding breach of any
term or provision of this Agreement.  No extension of time for the
performance of any obligation or act shall be deemed to be an
extension of time for the performance of any other obligation or act
hereunder.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Completeness and Modification</U>.
 This Agreement constitutes the entire understanding between the
parties hereto superseding all prior and contemporaneous agreements
or understandings among the parties hereto concerning the Employment
Agreement.  This Agreement may be amended, modified, superseded or
canceled, and any of the terms, covenants, representations,
warranties or conditions hereof may be waived, only by a written
instrument executed by the parties or, in the case of a waiver, by
the party to be charged.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Counterparts</U>.  This Agreement
may be executed in two or more counterparts, each of which shall be
deemed an original but all of which shall constitute but one
agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Binding Effect/Assignment</U>.
This Agreement shall be binding upon the parties hereto, their heirs,
legal representatives, successors and assigns.  This Agreement shall
not be assignable by the Executive but shall be assignable by the
Company in connection with the sale, transfer or other disposition of
its business or to any of the Company's affiliates controlled by or
under common control with the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Governing Law</U>.  This Agreement
shall become valid when executed and accepted by Company.  The
parties agree that it shall be deemed made and entered into in the
State of Florida and shall be governed and construed under and in
accordance with the laws of the State of Florida.  Anything in this
Agreement to the contrary notwithstanding, the Executive shall
conduct the Executive's business in a lawful manner and faithfully
comply with applicable laws or regulations of the state, city or
other political subdivision in which the Executive is located.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Further Assurances</U>.  All
parties hereto shall execute and deliver such other instruments and
do such other acts as may be necessary to carry out the intent and
purposes of this Agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Headings</U>.  The headings of the
sections are for convenience only and shall not control or affect the
meaning or construction or limit the scope or intent of any of the
provisions of this Agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Survival</U>.  Any termination of
this Agreement shall not, however, affect the ongoing provisions of
this Agreement which shall survive such termination in accordance
with their terms.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Severability</U>.  The invalidity
or unenforceability, in whole or in part, of any covenant, promise or
undertaking, or any section, subsection, paragraph, sentence, clause,
phrase or word or of any provision of this Agreement shall not affect
the validity or enforceability of the remaining portions thereof.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Enforcement</U>.  Should it become
necessary for any party to institute legal action to enforce the
terms and conditions of this Agreement, the successful party will be
awarded reasonable attorneys' fees at all trial and appellate levels,
expenses and costs.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Venue</U>.  Company and Employee
acknowledge and agree that the 13th Judicial Circuit (or its
successor) in and for Hillsborough County, Florida, shall be the
venue and exclusive proper forum in which to adjudicate any case or
controversy arising either, directly or indirectly, under or in
connection with this Agreement and the parties further agree that, in
the event of litigation arising out of or in connection with this
Agreement in these courts, they will not contest or challenge the
jurisdiction or venue of these courts.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm; widows: 2; orphans: 2">
<FONT FACE="Arial, sans-serif">	<U>Construction</U>.  This Agreement
shall be construed within the fair meaning of each of its terms and
not against the party drafting the document.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm; widows: 2; orphans: 2"><FONT FACE="Arial, sans-serif"><FONT SIZE=2 STYLE="font-size: 11pt">THE
EXECUTIVE ACKNOWLEDGES THAT HE HAS READ THIS ENTIRE AGREEMENT, HAS
HAD THE OPPORTUNITY TO DISCUSS THIS WITH HIS COUNSEL AND FURTHER
ACKNOWLEDGES THAT HE UNDERSTANDS THE RESTRICTIONS, TERMS AND
CONDITIONS IMPOSED UPON THE EXECUTIVE BY THIS AGREEMENT AND
UNDERSTANDS THAT THESE RESTRICTIONS, TERMS AND CONDITIONS MAY BE
BINDING UPON THE EXECUTIVE DURING AND AFTER TERMINATION OF THE
EMPLOYMENT OF THE EXECUTIVE.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; margin-bottom: 0cm"><FONT FACE="Arial, sans-serif">IN
WITNESS WHEREOF, the parties have executed this Agreement as of date
set forth in the first paragraph of this Agreement.  </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><FONT FACE="Arial, sans-serif">Witness:						The
Company:</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 8.89cm; margin-bottom: 0cm"><FONT FACE="Arial, sans-serif">SEGMENTZ,
INC.</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><FONT FACE="Arial, sans-serif">_______________________</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-left: 7.62cm; text-indent: 1.27cm; margin-bottom: 0cm">
<FONT FACE="Arial, sans-serif">By: ______________________________</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><FONT FACE="Arial, sans-serif">								Allan
Marshall</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 10.16cm; margin-bottom: 0cm"><FONT FACE="Arial, sans-serif">Chief
Executive Officer</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 8.89cm; margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><FONT FACE="Arial, sans-serif">Witness:						The
Executive</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><FONT FACE="Arial, sans-serif">________________________			__________________________________</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><FONT FACE="Arial, sans-serif">							Mike
Welch</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><FONT FACE="Arial, sans-serif">							President</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
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<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><B><FONT SIZE=4>Segmentz,
Inc. Closes Acquisition of Express-1; </FONT></B>
</P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><B><FONT SIZE=4>Names Mike
Welch as President <BR></FONT></B><BR>
</P>
<P ALIGN=CENTER STYLE="margin-bottom: 0cm"><I>Founder of Express-1
named President as part of acquisition and ongoing expansion
strategy; Current President, John Flynn, to remain as advisor to
Chairman</I></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<H4 CLASS="western"><FONT SIZE=2 STYLE="font-size: 11pt">FOR
IMMEDIATE RELEASE</FONT></H4>
<P STYLE="margin-bottom: 0cm"><BR>
</P>
<P STYLE="margin-bottom: 0cm"><FONT SIZE=2 STYLE="font-size: 11pt"><U>Company
Contact</U>:  		<U>Investor Relations Contact</U>:</FONT></P>
<P STYLE="margin-bottom: 0cm"><FONT SIZE=2 STYLE="font-size: 11pt">Segmentz,
Inc.			Hayden Communications, Inc.</FONT></P>
<P STYLE="margin-bottom: 0cm"><FONT SIZE=2 STYLE="font-size: 11pt">Allan
Marshall			Mark McPartland</FONT></P>
<P STYLE="margin-bottom: 0cm"><FONT SIZE=2 STYLE="font-size: 11pt">813-989-2232
                       	843-272-4653</FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><B>TAMPA, Fla.--(BUSINESS
WIRE)&mdash;September 8, 2004-- Segmentz, Inc. (AMEX: <FONT COLOR="#0000ff">SZI</FONT>
- <FONT COLOR="#0000ff">News</FONT>)</B>, announced today that Mike
Welch was named President and to the Board of Directors pursuant to
the Stock Purchase of Express-1, Inc, which was successfully
completed on September 1, 2004.
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm">&ldquo;Mike&rsquo;s
entrepreneurial spirit has driven Express-1 from startup to over $20
million in revenues,&rdquo; commented Allan Marshall, Segmentz&rsquo;
Chief Executive Officer. &ldquo;His abilities will augment our
ability to reach our goals for our shareholders.&rdquo;
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm">Allan Marshall continued,
&ldquo;Our expansion into the expedited business will be the
cornerstone of our growth over the next several years, and with the
success that Mike Welch and his team have had, it makes the most
sense to empower him to lead that growth. John Flynn has been
invaluable to our development during the last several years and we
certainly wouldn&rsquo;t have been able to be where we are today
without his guidance and leadership. He will remain as a trusted
advisor to the company and me for the future.&rdquo;</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm">Mr. Flynn commented,
&ldquo;This has been one of the most interesting opportunities of my
career.  I&rsquo;m so proud to have played a pivotal part in
Segmentz&rsquo;s growth during these past three years with Allan
Marshall and Dennis McCaffrey.  As a shareholder, I am excited to
bring Express-1&rsquo;s technology and customer service platform,
owner-operator business model and customer base into partnership with
Segmentz&rsquo;s offerings. This combination positions Segmentz to
substantially expand its service offerings and results.&rdquo;
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm">New Segmentz President,
Mike Welch added, &ldquo;I'm pleased to have the opportunity of
leading Segmentz in its new state of growth. As President, I plan to
build Segmentz into a world-class premium transportation provider,
building upon the solid base created by Allan, John and Dennis. Our
future is very bright, and feel we have a lot of talented people to
bring our goals to fruition.&rdquo;</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><B>About Segmentz, Inc. </B>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm">Segmentz, Inc. is a
provider of transportation and logistics management services to its
target client base, ranging from mid-sized to Fortune 100 companies.
The Company's services include regional outsourced trucking, time
definite transportation, dedicated delivery and supply chain
management services. The Company operates a network of terminals in
the Southeast and Midwest United States. The Company is dedicated to
providing services that are customized to meet its client's
individual needs and flexible enough to cope with an ever-changing
business environment. Segmentz, Inc. is publicly traded on the AMEX
under the symbol SZI.
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm"><B>Forward-Looking
Statements </B>
</P>
<P ALIGN=JUSTIFY STYLE="margin-bottom: 0cm">This report contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements involve risks and uncertainties. Factors that could cause
actual results to differ materially from those predicted in any such
forward-looking statement include our ability to continue to lower
our costs, our timely development and customers' acceptance of our
transportation products, including acceptance by key customers,
pricing pressures, rapid technological changes in the industry,
growth of the transportation and third party logistics market,
increased competition, our ability to attract and retain qualified
personnel, our ability to identify and successfully consummate future
acquisitions; adverse changes in customer order patterns, adverse
changes in general economic conditions in the U.S. and
internationally, risks associated with foreign operations and
political and economic uncertainties associated with current world
events. These and other risks are detailed from time to time in
Segmentz periodic reports filed with the Securities and Exchange
Commission, including, but not limited to, its report on Form 10-KSB
for its fiscal year ended December 31, 2003.
</P>
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