Forbes Recognizes TradeBeam As Supply Chain Management Leader

TradeBeam, the leading provider of Global Trade Management (GTM) software and services, announced today its inclusion in Forbes' "Best of the Web" annual ranking of business-to-business (B2B) companies. TradeBeam was selected as one of only ten companies, and the lone Global Trade Management (GTM) provider, to be featured in the Supply Chain Management (SCM) category.

TradeBeam's acknowledgement amidst a number of large, publicly traded enterprise resource planning providers is based on the company's impressive and rapidly growing customer base, the comprehensive nature of its GTM solution, and the use of its products and services by leading industry giants such as Dell, Delphi, Nieman Marcus, Liz Claiborne, and General Motors Holden.

"Plug into the global supply chain with TradeBeam software," recommends Forbes. With more than 3,000 customers worldwide using its GTM solution, TradeBeam helps companies integrate physical and financial supply chains across borders to improve their global trade processes.

According to AMR research, the global supply chain is growing rapidly with 30 percent of the world's GDP currently crossing borders. TradeBeam is well positioned to capitalize on this trend, as it supports more than 90 percent of world trade regulations and has customers using its solutions in over 100 countries. In addition, TradeBeam has aggressively established global operations over the past 18 months launching sales and support units in the United Kingdom, France, Germany, Australia, China and India, to further extend its GTM market leadership.

Forbes' 2005 "Best of the Web" guide showcases best-of-breed B2B companies in 35 different categories. Companies are judged on several criteria, including strategy, execution, innovation and financial staying power.

"It's an honor to be recognized by Forbes as a leading SCM provider," said Graham R.F. Napier, president and CEO of TradeBeam. "Our selection as the only GTM provider is a testament to both TradeBeam's arrival as a leading player in the overall SCM space and increasing awareness of the emergence of Global Trade Management as an important technology sector."

About TradeBeam
TradeBeam is a Global Trade Management software and services company providing solutions that streamline global trading processes for enterprises and their partners. TradeBeam's integrated solutions provide import and export compliance, inventory management, shipment tracking, supply chain event management and global trade finance solutions such as open account and letter of credit management. TradeBeam has over 3,000 customers with users in over 100 countries worldwide. For more information, please visit http://www.tradebeam.com.