Cargo Connection Logistics Holdings Clarifies Recent EDGAR Online Financials; Company Says Posting Only Reflects Beverage Operations and Does Not Include Financials from Its Logistic Operations.

INWOOD, N.Y. -- Cargo Connection Logistics Holding, Inc. (OTCBB:CRGO) today announced that financial information posted by EDGAR Online Financials only reflects past operations of the beverage subsidiary of ChampionLyte Holdings, Inc. and stressed that this financial information does not include the results of its logistics operations.

Cargo Connection Logistics Holding, Inc. is the successor company of a recent acquisition by ChampionLyte Holdings, Inc of Cargo Connection Logistics Corp. and Mid-Coast Management, two-previously privately-held, New York-based transportation/logistics companies with combined 2004 revenues of $18 million.

"We've had a number of calls from shareholders who were shocked and puzzled by the EDGAR Online Financial posting," said Jesse Dobrinsky, president of Cargo Connection Logistics Holdings, Inc. "The most recent period in these financials ends March 31, 2005 which is prior to the transaction that resulted in Cargo Connection Logistics Holding, Inc. Obviously, with a projected run rate of more than $18 million for this fiscal year, quarterly revenues will be significantly higher than the March 31 posting. Shareholders need to know that this is no longer a beverage company but a pure-play logistics company that has experienced double digit growth over the past two years."

The Company intends to file an amended 8K with the financial statements from Cargo Connection Logistics Corp. and Mid-Coast Management, Inc. in accordance with the timelines required by the SEC.

Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Mid-Coast Management Inc., which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, Charlotte, Chicago, Columbus, Miami, New York and Pittsburgh. The companies provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 82 full-time employees.

Dobrinsky also indicated that the company is actively pursuing the sale of the primary assets of ChampionLyte Beverages, Inc. which manufactured and marketed ChampionLyte(R), the first completely sugar-free entry in the isotonic sports drink market. He said the company is in discussions with several potential suitors for the asset.

About Cargo Connection Logistics Corp./Mid-Coast Management

Cargo Connection Logistics Corp. is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, especially through the Gateways of Chicago, Illinois, JFY, New York, Miami, Florida or Atlanta, Georgia with service areas throughout the United States and North America. Mid-Coast Management is a container freight station specifically designed to handle internationally arriving freight for Mast Industries the major supplier to Limited Brands - one of the world's largest multi-brand specialty retailers as well as many other significant fashion brands. Since its inception, Mid-Coast Management, Inc. has developed relationships with many other retailers and works with Freight Forwarders from around the world.

Additional information about Cargo Connection can be obtained at its website http://www.cargocon.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herin, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.