TRADECARD, DIMERCO ALLY TO PROVIDE LOGISTICS SERVICES TO TRADE TRANSACTION NETWORK
Transaction, international shipping tracking for TradeCard members

Taipei, March 6, 2001 - TradeCard, Inc., an online trade fulfillment and settlement network that enables buyers and sellers to conduct international trade transactions securely over the Internet, today announced an alliance agreement with Dimerco, a Taiwan-based full service freight forwarding and logistics service firm serving companies moving shipments internationally. The partnership will allow buyers who have negotiated for the purchase and shipment of goods on the TradeCard system to obtain logistics services from Dimerco and their wholly-owned subsidiary, Diversified Freight System Corp., (DFS) through the TradeCard network to move these goods. Dimerco's core logistics business is air freight, while DFS provides ocean freight services.

"TradeCard, Dimerco and DFS together provide traders the financial and physical supply chain tools they need to do business," said Kurt Cavano, TradeCard Chairman and CEO. "The added value we bring as a team to importers and exporters will allow them to focus on their core businesses instead of on the physical and financial logistics of their transactions."

As logistics service providers , Dimerco and DFS will also play key roles in TradeCard's patented compliance process: Dimerco and DFS will send proof of delivery documents electronically to the TradeCard system once goods have been shipped. These documents will then be compared to the original purchase contract agreed upon by the buyer and seller by TradeCard's patented compliance engine. If the purchase contract and proof of delivery documents are compliant, TradeCard's global payment provider will transfer payment for the shipment from the buyer's account to the seller's account. In the event the documents are not in compliance, the buyer and seller can negotiate the discrepancies online at no additional cost.

"For thirty years, Dimerco and DFS have built a loyal customer base by providing dependable goods movement throughout the world," said Michael Huang, General Manager of Dimerco. "Now, with TradeCard, our customers will be assured that their money movement is in trusted hands as well."

TradeCard provides a powerful online alternative to this timeworn system of trade settlement by aggregating trade service providers critical to online trade transactions such as global payment and foreign exchange services, credit scoring and assurance of payment, rating and inspection services, and pre- and post-export financing. TradeCard's agreement with Dimerco enhances this network by providing TradeCard members access to Dimerco's and DFS's freight forward and logistics services.

How TradeCard Works
In order to use TradeCard's patented transaction system, buyers and sellers must first become approved TradeCard members. To begin a transaction, the buyer creates an electronic purchase order in one of three ways: through the TradeCard system using its contract templates, via electronic file from a company's ERP system, or from an online marketplace. TradeCard then notifies the seller that there is a purchase order pending for review. The buyer and seller can further negotiate the purchase order online. Once they agree to the terms, both buyer and seller authorize the purchase order with digital signatures.

TradeCard stores the approved purchase order in its secure, proprietary database. Once the goods are shipped and the required documents are electronically submitted, an assurance of payment is attached to the purchase order, ensuring that the seller will receive payment upon receipt of goods if terms are met. TradeCard's patented compliance engine then electronically compares the data from the electronically submitted shipping documents to the original purchase order. If discrepancies are identified, the buyer and seller can negotiate them online. Once compliance is met, payment is transferred electronically from the buyer's financial institution to the seller's financial institution.

In addition to these core transaction features, TradeCard members can contract for pre- and post-export financing, inspection services, cargo insurance and other value-added services.

About TradeCard
TradeCard is a business-to-business e-commerce infrastructure that enables buyers and sellers to initiate, conduct and settle international trade transactions securely over the Internet. By aggregating buyers, sellers and disparate trade service providers, our patented solution automates and streamlines existing international trade transaction processes, which are complex, paper-based, time-consuming and expensive. Our objective is to provide a secure, reliable, cost-effective and user-friendly solution for conducting and settling international trade transactions.

TradeCard, Inc. is headquartered in New York City with U.S. offices in San Francisco, San Diego and Chicago, and Asian offices in Hong Kong, Taiwan and Korea. TradeCard can be found on the World Wide Web at ://www.tradecard.com

About Dimerco
Established since 1971, Dimerco is an Asia-based total logistics service provider certified by ISO 9002 with expertise in Great China & South-East Asia plus global network with The Americas, Europe, and Australia in 41 cities.

With over three decades of experience in international transportation service, Dimerco has enhanced its capability and capacity in global logistics services in this "supply chain" oriented business revolution. As an integral part of its expertise, Dimerco is constantly growing with its customers & partners by providing time-definite services and designing & implementing customized management service in both air and ship transportation including customs clearance, warehousing, and distributions as part of a total logistics. Dimerco can be found on the www.dimerco.com.

About DFS
Diversified Freight System Corp. (DFS) is the ocean and shipment supplemental service in addition to the authentic airfreight business of Dimerco. DFS provides a total transportation service to its customers for the global accessibility of the monitoring of shipment status, and control of shipment documentation over the Internet. For more information, go to www.dimerco.com..

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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.