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TradeCard Receives the Award For Sixth Consecutive Year
SINGAPORE, September 18, 2006 - TradeCard Inc., the leading provider of on-demand supply chain automation products, has been named World's Best Online Trade Finance Provider 2006 by Global Finance Magazine. TradeCard will receive the award at the Global Finance Awards Ceremony, being held September 18, 2006 at the Shangri-La Hotel in Singapore.
Global Finance editors selected the best trade finance providers based on input from industry analysts, corporate executives and technology experts. Criteria for choosing winners included transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.
"TradeCard is dedicated to providing a technology platform that enables smarter global trade and improves margins and cash flow," said Kurt Cavano, CEO of TradeCard, Inc. "This award from Global Finance validates our approach to global trade management, which consists of providing customers with online access to financial services, trade partners and support, through a robust technology platform."
Collaboration with suppliers through TradeCard adds agility to the supply chain to help buyers and suppliers meet rapidly shifting pressures and demands, such as increased transaction frequencies and specialized orders. TradeCard's platform and financial services enable buyers to assist suppliers in obtaining capital without impact to its own balance sheet.
TradeCard's unique strategy for helping businesses manage global sourcing is unmatched. TradeCard provides a local "feet on the street" customer support team that speaks 32 languages and supports customers in 40 countries. The TradeCard Platform integrates financial services into a trading network that brings together thousands of buyers and suppliers around the globe.
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
