TRADECARD MEMBERS FIND PROTECTION DURING CREDIT CRISIS

Trade Platform Helps Suppliers Obtain Payment Protection and Financing; Buyers Stabilize Their Supply Chains, and Financial Institutions Reduce Risk, Despite Current Conditions

NEW YORK, Dec. 2, 2008 - TradeCard, Inc., the leading supply chain collaboration platform, has experienced a significant up-tick in demand for trade finance services on its platform as buyers, suppliers and financial institutions seek a safe haven from the current credit crisis. TradeCard has added more than 900 supplier members to its network this year and trade finance volumes on the platform have tripled versus 2007.

Through the TradeCard Platform, suppliers take advantage of online financial services for payment protection, early payment programs and trade financing. Brands and retailers are able to maintain or extend existing terms with suppliers and eliminate the need for credit lines for purchases. Financial institutions gain direct visibility into the transaction through TradeCard's automated environment to reduce risk and increase financing opportunities. All parties benefit from process efficiencies, data accuracy and cost savings.

"Members on our network are weathering the storm and finding new ways to execute," said Kurt Cavano, CEO of TradeCard, Inc. "Our unique trade infrastructure removes many of the risks and pains faced today by retailers, brands, suppliers and the financial institutions that support them. TradeCard offers a collaborative, transparent environment that addresses liquidity concerns and related risks through better visibility into the movement of money, product and data in the supply chain."

More than $8 billion will be settled on the TradeCard Platform in 2008. This year Levi Strauss & Co. and Perry Ellis are among the list of companies to place suppliers onto the TradeCard Platform to improve margins, cash flow and supply chain visibility.

"There has been a surge in demand for trade credit financing in recent months due to economic conditions," said Val Goldstein, Senior Vice President of Coface Credit Management North America, Inc. "TradeCard's global network and hosted delivery model complements Coface's own global credit management products and services, making it easier for companies to receive trade financing. By selling their receivables, companies benefit from trade financing while also reducing the risk of non-payment by their customers."

TradeCard brings together remote parties that have not previously interacted. On the TradeCard Platform, suppliers are able to obtain financial services and export financing based on the credit rating of larger buyer customers. Buyers with cash are able to support their supply chains through self-funded early payment programs. Costs are extracted from the supply chain and capital is freed up to ensure products and payments are delivered on time.

TradeCard helps retailers and brands source smarter and faster through a rapidly deployed network that connects and enables the extended supply chain. TradeCard's services and global trading partners are delivered on a software-as-a-service platform that links more than 4,000 buyers, suppliers and service providers. Financial services available on the TradeCard Platform help companies of all sizes to better compete by improving margin and cash flow. TradeCard's global support team enables rapid deployment in as little as 90 days.

strong>About TradeCard, Inc.
TradeCard, Inc. 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, Colombo, and Shenzhen. TradeCard is located online at www.tradecard.com.