JARDINE LOGISTICS TO OFFER FREIGHT FORWARDING SERVICES TO TRADECARD MEMBERS

Hong Kong, August 7, 2001 - TradeCard, Inc., a financial supply chain services provider today announced a partnership agreement with Hong Kong-based Jardine Logistics, which provides physical supply chain management solutions to companies throughout Asia. Jardine Logistics is part of the multi-national Jardine Matheson Group. TradeCard's patented service for online transaction management and financial settlement enables buyers and sellers around the world to conduct domestic and cross-border trade transactions securely over the Internet.

Under the terms of the agreement, TradeCard members will be able to select Jardine Logistics' shipment and distribution services directly from the TradeCard system once they have negotiated for the purchase and shipment of goods. This will allow TradeCard members to benefit from Jardine Logistics' total logistics offerings, including global integrated forwarding, special freight, warehousing and distribution, and supply chain management.

"The Jardine name is synonymous with trade and we are delighted to have them as partners," said Kurt Cavano, TradeCard Chairman and CEO. In today's market, delivering value to customers is all that matters and together, Jardine and TradeCard deliver huge value."

This is how the cooperative process will work: Jardine Logistics 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 through TradeCard's patented compliance engine. If these documents match, 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 and then continue to settlement.

"Jardine has been firmly rooted in international trade for more than a century" said Robert Wong, Director of Jardine Logistics. "We know our customers and have heard their calls for technology that could link together our logistics services with their trade-related payment flows. After researching many companies that said they could do this, we've chosen to join forces with TradeCard, which has proven itself a leader in providing financial supply chain services."

TradeCard provides a powerful online alternative to the complex system of trade settlement that has developed over the centuries, 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 Jardine Logistics enhances this network by providing TradeCard members access to Jardine Logistics services.

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 San Francisco, Seattle, Chicago, Hong Kong, Taipei, Seoul and London. TradeCard can be found on the World Wide Web at http://www.tradecard.com.

About Jardine Logistics
Jardine Logistics, with an annual turnover of US$200 million, is part of the multi-national Jardine Matheson Group. Jardine Logistics offers comprehensive third-party Supply Chain Management globally. With a global network covering over 70 countries, Jardine Logistics is ISO9002 accredited, and is a member of IATA and FIATA. The company also won the "2000 HKCSI Innovation Service Award", the 2000 Hong Kong eAward and the 1999 Asian Freight Industry Awards. For further information visit www.jardine-logistics.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.