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GOLDEN EAGLE GROUP ANNOUNCES AVAILABILITY OF TOTALLY INTEGRATED NEW SHIPPING SOFTWARE SYSTEM

 MIAMI, Jan. 5 /PRNewswire/ -- Golden Eagle Group, Inc. (NASDAQ: GEGP), announced today that it has installed one of the most advanced state-of-the-art integrated shipping software systems currently available in the freight forwarding industry today.
 This new shipping automated information and logistics system (S.A.I.L.) features imaging of original documents, bar code cargo receiving, and full scope electronic data interchange that allows every aspect of a shipping transaction to be combined into one central file.
 Commenting on this announcement, Gary Goldfarb, CEO of Golden Eagle Group, Inc., said, "This new software package together with our existing Gold System featuring just-in-time-inventory management services offers our customers a complete one-stop freight forwarding service. It will also greatly enhance our bottom line profits and enable us to attract larger multi-national companies as customers. Because of this new system, in December alone we have added 15 major customers to our already established base of 3,500, principally from the petroleum, tool, and steel products industries."
 Golden Eagle Group, Inc., based in Miami, is engaged in the business of providing international transportation logistics and related services. The company provides international ocean and air freight forwarding primarily for shipments from the United States to Latin America and the Caribbean.
 -0- 1/5/93
 /CONTACT: Gary Goldfarb, CEO of Golden Eagle Group, 305-888-1600; or Mark Cohen of Cameron Associates, 212-644-9560, for Golden Eagle Group/
 (GEGP)


CO: Golden Eagle Group, Inc. ST: Florida IN: TRN SU: PDT

GK-LR -- NY034 -- 1660 01/05/93 10:48 EST
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Publication:PR Newswire
Date:Jan 5, 1993
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