TradeCard Growth Exceeds 70 Percent in 2005
Third Straight Year of Major Growth Due to Increased Functionality and Customer Focus

NEW YORK, January 11, 2006 - TradeCard Inc., the leading provider of on-demand supply chain automation products, today announced a more than 70 percent increase in revenue for 2005 compared to the previous year. In 2005, the company added more than 600 new members to the TradeCard Platform in over 40 countries. This dramatic increase reflects a trend of more companies looking for cost-efficient yet flexible ways to source globally. New customers, including Patagonia, Under Armour and J. Jill, have selected TradeCard to better manage their global trade needs.

"TradeCard is proud to have such noteworthy customers," said Kurt Cavano, TradeCard's chairman and chief executive officer. "Because of TradeCard's unique combination of patented technology, experienced on-the-ground global staff and integrated trade services, we can help our customers achieve significant margin improvements, sustain growth, and achieve superior agility and visibility within their supply chain."

2005 growth was powered by the addition of high profile wins such as:

• Patagonia: major athletic/outdoor apparel brand
• Under Armour: originator of high performance athletic apparel, and official supplier to major sporting leagues, including the National Hockey League and the US Ski Team
• Hartmarx: leading men's wear company
• J. Jill: a multi-channel specialty retailer of women's apparel
• Charles Komar & Sons: women's sleepwear and loungewear company
• Star Children's Dress: fast growing children's wear company
• a major men's apparel brand and retailer

New products released in 2005 drove TradeCard's growth, including an early payment program, chargeback management and warehouse reconciliation functionality. These features provide TradeCard customers with unprecedented visibility to optimize financial transactions with events in the physical supply chain.

Industry Recognizes TradeCard and its Customers
In 2005, Forrester Research recognized TradeCard as the strategic leader in the Electronic Invoice Presentment and Payment area. The analyst firm's report Forrester Wave for Accounts Payable Electronic Invoice Presentment and Payment, (Q3 2005) lists TradeCard's strength in vision, product release history, R&D and strong strategic alliances as the reasons for this citation.

In November 2005, Columbia Sportswear, a TradeCard customer, won the Apparel Grand All-Star Award. The All-Star Award recognizes companies that excel in the following criteria: (1) Innovation; (2) Excellence in Management; (3) a Strong Track Record of Growth; and (4) Corporate Goodwill that Reflects Positively on the Industry. By winning the award, Columbia Sportswear has been recognized as a leading example of the best in the business. Columbia strength in innovation was demonstrated by its implementation of TradeCard. This resulted in operational improvements, improved return on working capital, and increased supplier collaboration through connecting and synchronizing more than 100 suppliers in 12 countries on a common platform.

New TradeCard Product Features Embraced in 2005
TradeCard's new products extended the link between the physical and financial supply chains to include collaborative financing and chargeback automation.

Early Payment -- Suppliers can "click for cash" while buyers maintain payment terms
TradeCard's early payment program enables supply chain capital optimization across the supply ecosystem. It enables financially weaker partners - typically suppliers - to access capital based upon the buyer's typically stronger credit profile, without guarantees, covenants or balance sheet impact to either party. Unlike traditional factoring products that demand a long-term contract, early payment on TradeCard is flexible. It is available on a transaction-by-transaction basis, or for a predetermined period. It can use the cash of the buyer or of a TradeCard financial institution partner.

In addition, the web-enabled automation of transactions provides real-time visibility for TradeCard's financial institution partners. It is also one of the first early payment programs that automates payments on a non-recourse basis.

Chargeback Management -- Acrimony and confusion are replaced by clarity and collaboration
The TradeCard chargeback functionality provides suppliers with clear visibility into the reason behind a deduction, enabling chargebacks and other invoice adjustments to be electronically captured, negotiated and electronically applied to a payment. This allows companies to effectively address the chargeback problem with less confusion and cost than is often associated with the process.

Warehouse Reconciliation - Match goods receipt with payment and order
TradeCard's warehouse reconciliation functionality enables companies to create or upload goods receipts, which note which goods were received and when they were received from a supplier and then automatically reconciles the receipt against relevant documents, such as the purchase order and invoice. This allows customers to see whether a goods receipt reflects what was ordered and paid for, ensuring accuracy and further cost savings.

Growth Continues to Additional Industries
After continuing to gain ground in apparel, footwear and retail, TradeCard is extending its focus to other industries, including electronics, furniture and auto parts.

"I believe that our dedication to providing world-class customer service and closely listening to customer feedback are among the driving forces behind our growth. The functionalities we add to the Platform originate with this feedback and, in turn, attract new customers," continued Cavano. "We are always looking for unique solutions that help our customers to manage global trade in a more efficient and cost-effective way, whether they are a small supplier or a retail giant. TradeCard's continued success proves that our customers think we're on the right track."

About TradeCard
TradeCard, the leading provider of on-demand supply chain management products, is establishing best practices in global trade with a web-based platform that synchronizes financial transactions with physical events in the global supply chain. Thousands of buyers and sellers in 40 countries use TradeCard to manage their transactions with complete visibility to initial orders through final settlement. TradeCard's global network of partners provides additional automated services on the Platform including early payment programs, payment protection, export financing, money movement and 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 and Shenzhen. TradeCard is a registered trademark in the United States and elsewhere throughout the world. TradeCard is located online at www.tradecard.com.