(Canada Newswire English Via Acquire Media NewsEdge) Attention Business/Financial Editors

LAVAL, QC, Aug. 18 /CNW Telbec/ - Mercator Transport Group Corporation ("Mercator") (TSX VENTURE: GMT), announces its financial results for the fiscal year ending April 30, 2008.

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Financial Highlights
Selected Consolidated Results

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(in thousands of April 30, 2008 April 30, 2007
Canadian dollars)
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Revenue 16 550 9 958
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Gross Profit 1 900 1 184
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EBITDA (426) (244)
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Net Profit (Net Loss) (407) (166)
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As part of Mercator's sustained growth, sales increased by $ 6 592 000 (66%), to $ 16 550 000, compared to $ 9 958 000 in 2007. Such increase is mainly attributed to Mercator's Organic Growth as well as its acquisition of Cap Canada Distribution inc. in December of 2007, representing additional sales of .$ 1 073 000 for the year.

The Gross Margin is at 11.5% for the fiscal year, compared to 11.9% in 2007. This decrease in Gross Profits is mainly the result of an increase in revenues from merchandise importing, as opposed to exporting activities, a situation generally recognized as conducive to the realization of lower profit margins.

Mercator has a negative EBITDA of $ 426 000 for 2008, comparing to a loss of $ 244 000 in 2007. The ratio, however, has remained stable at 2.6% of sales, comparing to 2.5% of sales in 2007.

Such stability has been maintained regardless of an increase in the cost of services (mainly attributed to fuel cost increases) and of the appreciation of the Canadian to the US dollar. Mercator has successfully managed to counter the negative impact of such factors by increasing its sales and sales prices over the course of the year.

Mercator's free cash flows (representing the difference between operation cash flows and net property, plant and equipment acquisitions) have significantly increased from $ 619 000 to $ 55 000, compared to $ 674 000 in 2007.

In the words of Jean-Pierre Ap?lian, President and CEO of Mercator, "quality of customer service has been the main driving force behind Mercator's success for this year. In addition, the purchase of Cap Canada inc.'s assets in December 2007 has allowed us to develop a new sector of activity, namely distribution. The number of transactions we have processed over the course of the last year has made it possible for us to reach a historical peak".

For further information, please refer to Mercator's management's annual report and annual audited financial statements, available on Sedar.com.

About Mercator

Mercator specializes in freight forwarding, international logistics and distribution. Mercator offers high value-added services in global supply chain management, and designs tailor-made solutions. Customer intimacy and commitment differentiates Mercator in its ability to implement customers' requirements.

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of this release.

%SEDAR: 00020866EF

Mr. Patrick Bazinet, Director, Investor relations, (450) 667-8886, investisseur@corpgmt.com

Copyright ? 2008 Canada Newswire Ltd. All Rights Reserved.

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