SOURCE: TradeCard, Inc.

August 22, 2007 10:01 ET

TradeCard's Latest Enhancements Deliver Integration Across Sourcing, Logistics and Supply Chain Finance

Automating Processes From Raw Materials Through Shipment Enables Clients to Use Their Supply Chain as a Competitive Advantage

NEW YORK, NY--(Marketwire - August 22, 2007) - TradeCard, Inc., the leading provider of extended supply chain solutions, has released further product enhancements for logistics visibility and financial reconciliation, supplier enablement and work in progress visibility to enable complete end-to-end transparency in the extended supply chain. The enhancements allow customers to automate and integrate sourcing, logistics and supply chain finance to maximize sourcing efficiencies.

"It is no longer good enough to monitor your supply chain -- it needs to be actively managed. To do this well, companies must simultaneously address and integrate sourcing, logistics and supply chain finance," said Kurt Cavano, CEO of TradeCard, Inc. "TradeCard's enhancements for logistics, supplier enablement and work in progress visibility integrate physical, financial and logistical aspects of the supply chain. This provides trading partners an in-depth view of transactions throughout the handoffs that occur across multiple parties between order and settlement. These tools allow clients to better align demand with supply by enabling programs such as postponement and direct shipment to deliver the right goods at the right time."

TradeCard maintains a global support team in 40 countries to ensure rapid deployment and rollout to vendors. This global presence combines with TradeCard's on-demand platform to enable most customers to be live on the TradeCard Platform within 45 days.

For product details on TradeCard's enhancements, go to: http://www.tradecard.com/about/produpdate.html

The new enhancements extend the reach of TradeCard's capabilities further onto the factory floor and into the shipment process for a holistic picture of the supply chain. The new product release continues TradeCard's strategic evolution into the world's leading provider of next-generation extended supply chain execution solutions. In April 2007 TradeCard launched Inbound Logistics Tracking to extend control of the global movement of goods. Supplier Enablement was introduced to automate packing, shipment building, ASN creation, and cross-docking and direct-to-retail shipments. TradeCard launched its SourceView™ visibility suite, including Work in Progress (WIP) for extended supply chain visibility, in 2006 to merge physical and financial aspects of the supply chain.

TradeCard enables alignment of supply and demand by linking complex supply chains together to respond to continuously shifting consumer preferences. The TradeCard Platform and SourceView visibility suite offer a key competitive advantage by enabling a responsive supply chain in industries where consumer preference is key, including consumer electronics, apparel and footwear, sporting goods, toys, hardware, furniture and home furnishings.

TradeCard connects new buyers and suppliers on a global trade platform that provides online access to a network of more than 3,000 trade partners around the world. 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 improving margin and cash flow.

About TradeCard, Inc.

TradeCard, Inc. 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, Colombo, and Shenzhen. TradeCard is located online at www.tradecard.com

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