SOURCE: GT Nexus, Inc.

June 10, 2008 06:05 ET

GT Nexus and Integration Point Create Strategic Alliance

OAKLAND, CA and CHARLOTTE, NC--(Marketwire - June 10, 2008) - GT Nexus and Integration Point today announced a strategic partnership to provide a range of global trade and logistics solutions that leverage the two companies' best-in-class on-demand, hosted offerings. GT Nexus runs an industry-backed trade and logistics management portal and the Integration Point real time GTM solution provides up-to-date global trade compliance.

The GT Nexus Trade and Logistics Portal is used by thousands of global companies and service providers to optimize the global flow of goods and trade information from order point to final payment. GT Nexus connects the physical and financial supply chains on a single platform. This allows buyers, sellers, banks, and logistics providers to work over a common platform with a core set of information that supports multiple trade and logistics functions.

Integration Point's global trade management system allows users to securely access up-to-date global trade compliance information such as free trade agreement regulations, denied party lists, multiple country tax and compliance requirements, etc. By integrating critical information from otherwise separate systems such as logistics, ERP, warehouse management and local country databases, Integration Point creates a global trade network. The system utilizes the company's own transactional trade information so that users have up-to-date information to make proactive trade decisions. They can better avoid compliance problems and therefore, move goods more efficiently and profitably. Today, Integration Point collectively moves over $300 billion in goods with users in over 70 countries.

Both GT Nexus and Integration Point deliver their solutions on-demand over the Web. The on-demand delivery model reduces the upfront risk for customers and has a much lower total cost of ownership than traditional license and install software because:

--  Customers pay for just the services they need, as they need them
--  Customers can "ramp" up at their own pace
--  There is no supporting hardware or systems to buy, manage and maintain
--  Users have highly available, secure access to critical trade
    management tools and information anywhere and at anytime
--  The platform can be integrated to internal systems and external
    partner systems
    

"The on-demand delivery model is no longer just a good idea, it's really happening with corporate leaders taking advantage of it and going public with results," added Aaron Sasson, CEO of GT Nexus. "Our two companies' open architecture allows us to quickly integrate across business processes in logistics, trade and compliance. This partnership is a great example of how pure-play on demand technology providers can quickly ratchet up the value proposition to customers."

"Through the integration of our networks, global corporations will be able to leverage best-in-class logistics management together with global trade compliance, content and connectivity," stated Tom Barnes, CEO of Integration Point. "GT Nexus shares our vision of a global trade network. Together we provide a complete and current picture of a company's trade so that they deliver the right goods at the right time at the most competitive price."

About Integration Point, Inc.

Integration Point®, Inc.'s Real Time Global Trade Management helps many of the best known companies import and export goods more effectively by providing up-to-date international trade compliance. Integration Point's solution is a comprehensive suite of fully integrated, web-based software products that provide consistent and secure access to information around the clock including: Global Classification, C-TPAT, AEO, Denied Party Screening, Free Trade Agreement qualification and Duty Deferral Program participation. Companies dependent on the efficient import/export of goods rely on Integration Point to help them quickly and accurately navigate through the often complex and dynamic requirements of global trade. For more information visit www.IntegrationPoint.net.

About GT Nexus

GT Nexus runs the world's only industry-backed, on-demand global trade & logistics portal. Today, more than 40,000 registered users, from over 15,000 organizations use a range of capabilities on the portal to optimize the global flow of goods and trade information from order point to final payment. GT Nexus connects the physical and financial supply chains. This allows buyers, sellers, banks and logistics providers to work over a common platform with a core set of information that supports multiple trade and logistics functions. Customers include Xerox, American Eagle Outfitters, Procter & Gamble, Weyerhaeuser and The Home Depot. For information, visit www.gtnexus.com.

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