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Segmentz Announces Record Year-End Results in Accordance With Guidance

    TAMPA, Fla.--April 8, 2003--Segmentz, Inc. (OTCBB:SEGZ) announced year-end financial results in line with guidance issued in January.
    Segmentz revenues for the year ended December 31, 2002 were $9,994,516 and basic earnings per share were $.06. Fourth Quarter revenues were $3,844,500, a sixty-one percent (61%) increase over prior year.
    Allan Marshall, CEO stated, "We continue to expand our market share and brand our services in new locations. With the previously announced Schneider Logistics contract starting in May 2003 and current business, we look forward to continued growth over the next several quarters. Our ability to increase revenues and profits in the current economic slowdown leave us more encouraged than ever in our ability to maintain a significant growth rate in the future."

    About Segmentz, Inc.

    Segmentz, Inc. is a provider of transportation and logistics management services and support for mid-sized and Fortune 500 companies. Segmentz service offerings include, regional truckload, less than truckload, dedicated delivery service, specialized transportation, and third-party logistics services including warehousing and distribution. Segmentz provides expedited truckload delivery in all 48 states and expedited less-than-truckload between the following cities: Chicago, Atlanta, Lexington, Louisville, Knoxville, Nashville, Cincinnati, Tampa, and the Carolina's. Segmentz, Inc. is publicly traded on the NASDAQ OTC-BB under the symbol SEGZ. For more information about Segmentz, Inc. visit http://www.segmentz.com or call 877-377-7800.

    This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding revenue and earnings per share estimates for the 2003 fiscal year. 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's 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, 2002.