TRADECARD HELPS J. JILL AUTOMATE PAYMENT PROCESSES, CUT COSTS, AND STANDARDIZE GLOBAL TRADE
Trade Platform Will Generate Savings and Efficiency by Eliminating Manual Tasks, Automating Processes From Procurement to Payment, and Replacing Letters of Credit

NEW YORK, June 12, 2006 - TradeCard Inc., a leading provider of on-demand supply chain automation products, announced today that multi-channel retailer J. Jill has gone live on the TradeCard Platform to optimize financial transactions in its global supply chain. J. Jill's rollout was completed in less than 90 days.

TradeCard's unique offering of technology, extensive trade network, financial services and global support enables its users to obtain complete visibility from procurement to payment, streamline discrepancy negotiation and better manage payment authorization.

"J. Jill is a forward looking retailer that has clearly grasped the TradeCard vision of synchronizing the physical and financial supply chain to optimize the flow of cash and goods," said Kurt Cavano, CEO of TradeCard. "TradeCard automates payments based on terms set up by the user and allows suppliers to know what day they will get paid for a shipment. As a result, all parties involved in a transaction are better able to forecast cash requirements. Financial services available on TradeCard enable paperless invoice financing programs that help suppliers get paid faster, including cash management tools that provide central access to information and opportunities to further reduce costs."

The TradeCard Platform provides flexibility and scalability to implement strategic initiatives in the future, such as early payment programs, to further improve margins. Users are able to easily add new suppliers to their systems.

TradeCard's unique strategy for helping businesses manage global sourcing is unmatched. TradeCard provides a local "feet on the street" customer support team that speaks 32 languages and supports customers in 40 countries. The TradeCard Platform integrates financial services into a trading network that brings together thousands of buyers and suppliers around the globe.

About TradeCard
TradeCard is the leading provider of on-demand supply chain management solutions. The TradeCard Platform synchronizes financial transactions with physical events in the global supply chain to help customers automate trade transactions from purchase order to payment and chargebacks. Buyers, sellers and their trading partners manage transactions through a web-based platform with online financial services integrated into the workflow. This turnkey transaction management enables customers to improve margins and enhance growth, with extra-organizational supply chain visibility. TradeCard's on-the-ground trade experts throughout the world assure superior supply chain agility.

TradeCard manages global trade for thousands of users in over 40 countries, including Columbia Sportswear, Rite Aid and Wolverine Worldwide. TradeCard Inc. is headquartered in New York City and has offices in San Francisco, Hong Kong, Brussels, Taipei, Seoul, Tokyo, Colombo, and Shenzhen. 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.