Exhibit 99.1 Press Release

May 10, 2001--Louisville, KY--Logistics Management Resources, Inc. (OTC:BB:
LMRI) today announced that its Board of Directors authorized a stock repurchase
program and that the Company intends to acquire shares of its outstanding common
stock. The announcement comes following approval from a financing source.

     Under this new program, the Company will commence  repurchasing shares upon
a filing with the U. S.  Securities  and  Exchange  Commission.  The Company has
received  approval to acquire  unencumbered  shares in certificate form at up to
$2.00 per share,  and will require  delivery of the actual hard form certificate
to the Company.  The Company  also intends to complete and submit any  customary
filings as required by the appropriate regulatory agencies.

     "This authorization to repurchase shares is an expression of our confidence
in  LMRI's  long-term  strategic  plan and  underscores  our  commitment  to our
shareholders,"  notes Daniel L. Pixler,  Chairman and Chief Executive Officer at
LMRI.

     Logistics  Management  Resources  Inc.  (OTC:BB:LMRI),  a  holding  company
managing  transportation related and employee leasing services,  delivers on the
needs of its clients through its "Total Logistics Management" philosophy.  Total
Logistics Management includes end-to-end coordination of a client's domestic and
international   trucking,   load   matching,   consolidation   and   warehousing
requirements  through all stages from planning  through  execution and delivery.
The Company is also  implementing a "Selected  Acquisition  Strategy" whereby it
plans  to  engage  in a  series  of  synergistic  acquisitions  in the  field of
"Employee  Lease   Services".   These  services  are  heavily  utilized  in  the
transportation sector and will allow the Company's  subsidiaries to better serve
the  overall  needs of its  clients.  Logistics  Management  Resources  Inc.  is
headquartered in Louisville,  KY. More information is available at www.lmrg.net,
or by contacting LMRI at +1.502.339.4000.

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Statements in this news release that relate to future plans, financial results
or projections, events or performance are 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. While these statements
are made to convey to the public the company's progress, business opportunities
and growth prospects, readers are cautioned that such foreard-looking statements
represent the management's opinion. Where management believes such
representations to be true and accurate based on information available to the
company at this time, actual results may differ materially from those described.
In addition to the matters described in this press release, risk factors listed
from time to time in the company's SEC reports and filings, including, but not
limited to, its report on Form 10-QSB for the quarter ended Sept. 30, 2000 and
its report on Form 10-KSB for the year ended Dec. 31, 1999, may affect the
results achieved by the company.