TradeCard Order Settlement Reporting Achieves ``Powered by SAP NetWeaver®'' Certification; Customers to Benefit from Access to TradeCard Order Settlement Reporting from SAP® Solution-based Environments

Business Wire, Jan 16, 2006

NEW YORK -- TradeCard Inc., the leading provider of on-demand supply chain automation products, announced today that it has achieved "Powered by SAP NetWeaver(R)" certification for its solution. The certification provides customers with real-time access to global trade transaction data, including purchase orders, invoices and payments, all managed on the TradeCard Platform, via the SAP NetWeaver open integration and application platform. The certified integration of TradeCard's Business Package for Order Settlement Reporting will also enable customers to view TradeCard data from their SAP solution-based environments via the SAP NetWeaver Portal.

"We're proud to extend value for users of TradeCard via a single sign-on with a common look and feel," said Nestor Zwyhun, chief technology officer, TradeCard, Inc. "The certification of TradeCard's Business Package provides real value to our considerable number of mutual customers, whether they are 100 million dollar or multi-billion dollar in size."

TradeCard, a leading provider of on-demand supply chain management products, has established best practices in global trade through its web-based platform, which synchronizes financial transactions with physical events in the global supply chain.

SAP NetWeaver is the open integration and application platform that integrates people, information, and processes. It powers not only mySAP(TM) Business Suite solutions and SAP xApps(TM) portfolio of packaged composite applications, but also solutions from TradeCard and other partners, as well as customer custom-built applications. SAP NetWeaver aligns IT with the business and lowers the total cost of ownership of customer IT infrastructures.

To promote such implementations, the Powered by SAP NetWeaver certification helps ensure that TradeCard Order Settlement Reporting version 17 deploys successfully on SAP NetWeaver and delivers a consistent end-user experience by running as a portlet inside the SAP NetWeaver Portal.

About TradeCard

TradeCard, the leading provider of on-demand supply chain management products, has established best practices in global trade through its web-based platform, which synchronizes financial transactions with physical events in the global supply chain. Thousands of buyers and sellers in over 40 countries use the TradeCard Platform to manage their transactions with complete visibility, from initial order through final settlement. TradeCard's global network of partners provides additional automated services on the TradeCard Platform, including early payment programs, payment protection, export financing, money movement and cargo inspection. In addition to process improvements, customers realize immediate cost savings, optimized cash flow, reduced reliance on credit lines, and improved supply chain relationships. Headquartered in New York City, TradeCard Inc. has offices in San Francisco, Hong Kong, Brussels, Taipei, Seoul, Tokyo, Colombo, and Shenzhen. TradeCard is a registered trademark in the United States and elsewhere throughout the world. TradeCard is located online at www.tradecard.com.

SAP, SAP NetWeaver, mySAP, xApps and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world.

All other product and service names mentioned are the trademarks of their respective companies.

This press release contains a number of matters that constitute forward-looking statements. The presentation reflects the current views of TradeCard's management with respect to future events and is subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements.