News

AVERY DENNISON INFOCHAIN EXPRESS ANNOUNCES STRATEGIC SUPPLY CHAIN COLLABORATION WITH TRADECARD, INC
Agreement Provides Seamless Financial Transactions For InfoChain Express™ Customers

FRAMINGHAM, Mass.-September 12 , 2002 - Avery Dennison InfoChain Express an industry leader in automating merchandise purchase orders for the retail supply chain via the Internet, and TradeCard Inc., the online financial supply chain services provider, today announced a collaboration agreement that will combine the online financial settlement and transactions expertise of TradeCard with InfoChain Express' supply chain order management applications.

"The integration of InfoChain Express with a robust, online, financial supply chain solution provided by TradeCard is clearly a valuable new offering to our customers," says Ali Clemens, vice president and general manager, Avery Dennison InfoChain Express. "Our combined capabilities will enable retailers, brand owners and suppliers to better control order fulfillment and financial transactions, eliminate paperwork, improve the speed and accuracy of transaction processing, and significantly reduce financial settlement costs."

TradeCard, Inc.'s Kurt Cavano, CEO of TradeCard, Inc. adds, "Avery Dennison InfoChain Express provides its customers with top-notch global supply chain solutions. Now, our two solutions will finally enable the customer to complete the entire order-to-payment cycle online and across trading partners. This move brings the largely overlooked financial supply chain closer in line with the physical supply chain."

About TradeCard
TradeCard is a financial supply chain service provider. TradeCard's secure transaction infrastructure greatly reduces the inefficiencies and uncertainties found in traditional domestic and cross-border trade transaction processes. By streamlining and enhancing the steps necessary for purchase order approvals, payment decisions and settlement, TradeCard provides a cost-effective, practical and patented service for financial supply chain management.

TradeCard, Inc. is headquartered in New York City with offices in the San Francisco Bay Area, Hong Kong, Taipei, Seoul, Tokyo and London. TradeCard is a registered trademark in the United States and elsewhere throughout the world. TradeCard can be found on the World Wide Web at http://www.tradecard.com.

About Avery Dennison InfoChain Express
Avery Dennison InfoChain Express offers unmatched capability in global supply chain management and rapid rollout to worldwide factories. InfoChain Express customers include leading retailers, brand owners and their suppliers worldwide. The organization has offices in 39 countries, and is a business unit of Avery Dennison Retail Information Services. Visit: www.infochain.averydennison.com.

Avery Dennison Retail Information Services offers worldwide solutions to industry for product identification. Products and services include Web-based supply chain management solutions, service bureaus, in-house imprinting systems and software, fully and partially preprinted tags, labels and label forms, sequential bar code tags and labels, electronic article surveillance (EAS) tags and labels, fastener products and consulting services. Major markets include retail, apparel, softlines and hardgoods.



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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.