SOURCE: TradeCard Inc.

June 05, 2007 10:00 ET

Super Cheap Auto Signs With TradeCard to Optimize Sourcing and Drive Business Growth

Leading Auto Parts Retailer in Australia Will Shift to Direct Sourcing Model With Ease via On-Demand Global Trade Platform

BOSTON, MA--(Marketwire - June 5, 2007) - TradeCard Inc., the leading provider of global trade solutions for financial and physical supply chain automation has announced that Super Cheap Auto has selected the TradeCard Platform to streamline sourcing and support business growth. Super Cheap Auto, the leading auto parts retailer in Australia and New Zealand, will automate transactions and eliminate manual processes to enable a strategic direct sourcing model. The announcement was made at the ERI eXchange event being held June 4-7, 2007 in Boston.

Super Cheap will implement TradeCard to automate and integrate the flow of money, product and data across its overseas suppliers, sourcing offices in China, four distribution centers and retail locations. Super Cheap Auto operates 235 Super Cheap retail stores and 29 BCF (Boating, Camping, Fishing) branded stores. TradeCard will be a key driver in Super Cheap Auto's growth plans.

"Strategic sourcing on the TradeCard Platform will help us to grow our private label business and respond faster to consumer demands," said Steve Tewkesbery, Chief Sourcing Officer at Super Cheap Auto. "TradeCard will enable us to operate with flexibility and efficiency without adding staff overseas. Process automation and financial services obtainable through the platform will support our efforts to improve margins, increase cash flow and grow our retail business."

TradeCard will help Super Cheap obtain low cost financing, improve collaboration with trade partners and eliminate LC fees.

"Super Cheap Auto is a key strategic win for TradeCard. It places us on the map in Australia and expands our presence in the retail industry," said Kurt Cavano, CEO of TradeCard Inc. "Super Cheap is a fast growing retailer with a vision of improving margins to fund reinvestment, and plans for developing its procurement capabilities into a super-strong supply chain that drives business growth. TradeCard is a perfect fit for Super Cheap's growth and private label plans. The on-demand platform coupled with local in-country support will enable rapid deployment and quick ROI."

TradeCard provides online access to a network of more than 3,000 trading partners around the world, supported by a local "feet on the street" customer support team that speaks 32 languages and supports customers in 40 countries. TradeCard helps clients that range from $10 million to over $20 billion in revenue to eliminate waste and delay from the sourcing process. Financial services available on the TradeCard Platform help companies of all sizes to better compete by extending operational agility and improving margin and cash flow.

About TradeCard

TradeCard is the leading provider of on-demand supply chain management solutions. The TradeCard Platform synchronizes financial transactions with physical events in the global supply chain to help customers automate trade transactions from purchase order to payment and chargebacks. Buyers, sellers and their trading partners manage transactions through a web-based platform with online financial services integrated into the workflow. This turnkey transaction management enables customers to improve margins and enhance growth, with extra-organizational supply chain visibility. TradeCard's on-the-ground trade experts throughout the world assure superior supply chain agility.

TradeCard manages global trade for thousands of users in over 40 countries, including Columbia Sportswear, Rite Aid and Wolverine Worldwide. TradeCard Inc. is headquartered in New York City and has offices in San Francisco, Hong Kong, Brussels, Taipei, Seoul, Tokyo, Colombo, and Shenzhen. TradeCard is located online at www.tradecard.com

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