TradeCard Brings Innovative Financial Supply Chain Solution to Footwear Companies in China
Sponsors and Exhibits at the Global Footwear Sourcing Fair - Dongguan

Hong Kong, September 21, 2005 - TradeCard, the leading provider of on-demand financial supply chain products, today showcased its web-based solution that enables automated trade transactions from order to settlement at booth A4 at the "Global Sourcing - Dongguan" trade fair, a footwear souring event jointly organized by the American Apparel and Footwear Association (AAFA) and the American Chinese Apparel and Footwear Association (ACAFA). The company is also sponsoring a cocktail networking event jointly organized by the AAFA and the ACAFA.

TradeCard's electronic trade management platform is used by companies producing all kinds of merchandise from footwear to garments to toys and giftware, to automate their trade transactions and to streamline both physical and financial processes in the supply chain. In the footwear industry TradeCard has hundreds of customers. TradeCard customers in the footwear industry include leading brands and retailers such as one of the top three global athletic footwear brands, Wolverine World Wide (producer of Hush Puppies, Merrell, Caterpillar etc), Hi-Tec Sports, Sole Technology, Vans and manufacturers including Wincap, Golden Chang and Pegasus Footwear.

"While buyers in the US and Europe are actively expanding their global sourcing capabilities in China, they are also looking for ways to streamline their long and costly supply chains. For Chinese manufacturers and exporters, the adoption of efficient trade technology and good management practices are vital in creating long-term partnerships with their overseas customers." said Marshall Gordon, Senior Vice President, Worldwide Sales and Marketing, TradeCard Inc.

"TradeCard facilitates global trade with a web-based platform that automates the financial supply chain, allowing buyers and sellers to manage their transactions more effectively with complete visibility and event management. Through the integration of the physical and the financial supply chains, Chinese companies and their overseas partners can speed up the flow of goods and cash and optimize the use of working capital."

TradeCard reduces paper and saves costs
A large number of footwear manufacturers base their operations and financial processes in Hong Kong or Taiwan, but use production facilities in China. TradeCard's web-based platform enables these companies to manage their transactions online with complete visibility by buyer, supplier and factory into the status of each order. The factory can be informed of a new purchase order as soon as it is received by the buyer and can order materials early, reducing the order turnaround time. Hong Kong or Taiwan-based managers can sign documents online and communicate in real-time with both buyers and factories without having to travel.

Golden Chang, a Taiwan-based footwear manufacturer, found that TradeCard helped to significantly reduce its reliance on paper documents for many of their transactions. This has reduced the flow of paperwork between their own offices in Taiwan, Macao, Hong Kong and the USA.

TradeCard offers a win-win solution for cross-border transactions
TradeCard offers a win-win solution to buyers and suppliers. Its web-based platform enables easier collaboration between buyers and suppliers. It enables suppliers to receive, create and send electronic documents from their buyers without the costly purchase of soft- or hardware. The TradeCard system enables suppliers to create trade documents such as the invoice and packing list by pre-populating them based on Purchase Order data. This eliminates the risk of data keying errors and therefore reduces discrepancies.

In addition, financial services offered by TradeCard partners benefit both suppliers and buyers. Buyers are increasingly replacing Letter of Credit transactions with open account. Chinese suppliers, however, prefer letters of credit to secure financing and payment from their customers. TradeCard offers a unique solution that provides payment protection for suppliers even for open account transactions. In addition, the ability to see the payment schedule on TradeCard enables companies to improve their working capital and cash flow management. Using TradeCard helps suppliers to reduce their financial costs and therefore the overall production costs, enabling them to operate a more profitable business while at the same time, serving their customers better.

About TradeCard
TradeCard, the leading provider of on-demand financial supply chain products, offers a web-based platform enabling buyers and sellers 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 supply chain financing, credit protection, money movement and inspection. 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.

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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.