TRADECARD REPORTS 31% REVENUE GROWTH IN 2008 DESPITE ECONOMIC DOWNTURN

Brands, Retailers, Suppliers and Service Providers Turn to TradeCard Platform to Establish Financial Stability in the Supply Chain During Credit Crisis

NEW YORK, Jan. 20, 2009 - TradeCard, Inc., the leading supply chain collaboration platform, reported 31% revenue growth in 2008 despite a challenging economic environment. TradeCard added more than 1,000 new members and the total number of individual TradeCard users worldwide surpassed 30,000. Use of trade finance products on the TradeCard Platform tripled as buyers and their suppliers sought a safe haven from credit concerns during the global credit crisis.

"We've been providing innovative trade finance products such as payment protection on the TradeCard Platform for more than a decade and the rise in demand for these products during the past twelve months has been significant," said Kurt Cavano, CEO of TradeCard, Inc. "As the credit crisis continues into 2009, many companies will seek out more efficient and more economical alternatives to traditional trade finance products such as letters of credit. TradeCard can help these companies bring financial stability to their supply chains, while at the same time reduce their trade finance costs."

Suppliers access automated payment protection and trade finance products from participating financial institutions on the TradeCard Platform. Buyers, such as brands and retailers, reduce liquidity strains in their supply chains by making early payment programs available to their suppliers, and eliminating the need for suppliers to use their own credit lines for purchases. Financial institutions reduce risk and increase financing opportunities by relying on the TradeCard Platform's workflow automation and real-time transaction visibility features.

2008 TradeCard highlights include:

• Released new product features for document management and collaboration to facilitate quality and compliance in the supply chain. New enhancements enable document distribution in an online portal environment for in-depth communication between supply chain partners. The TradeCard Community page allows members to plug into a private community to disclose documents to partners and store and communicate important information such as compliance instructions, customs manuals, routing guides, human rights guidelines, process updates and training materials in an easy-to-use online location.
• Launched initiative to assist importers in complying with the U.S. Government's 10+2 trade regulation. Data from purchase orders, packing and shipping documents residing on the TradeCard Platform, combined with network connectivity that links all necessary transaction parties, enable importers to access in one place all ten data elements required for 10+2 compliance.
• Established strategic partnerships with Avery Dennison, NDB Bank, the Sri Lanka Board of Investment, and Avatar Partners to extend the value and depth of the TradeCard network.
• Developed TradeCard Factory Xpress™ product, which is set for launch in Spring of 2009. Factory Xpress (FeX) is a hosted solution that provides robust packing and scanning capabilities. It extends visibility into key factory processes for a single version of the truth to improve speed and accuracy.
• Expanded local in-country support team to service more than 50 countries.

TradeCard's services and global trading partners are delivered on a software-as-a-service platform that links more than 4,000 buyers, suppliers and service providers. Financial services available on the TradeCard Platform help companies of all sizes to better compete by improving margin and cash flow. TradeCard's global support team enables rapid deployment in as little as 90 days.

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, suppliers 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 50 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.