INTTRA Marks its First Anniversary in Korea with FNC, the Forwarder Network Center

November 14, 2005

Parsippany, NJ, November 14, 2005 - INTTRA, the largest global electronic shipping platform for ocean carriers, and FNC, a local software provider to the mid-size freight forwarder market in Korea, formed an alliance a year ago to enable shippers in Korea to more easily and efficiently do business with multiple ocean carriers. Using INTTRA Link, an XML/EDI based system, shippers and freight forwarders, including TaeWoong Shipping, MOLAX, Hosung International Transport, Euro Line and KT Logistics, can submit electronic shipping instructions to ocean carriers easily and simply, in their native language of Korean.

FNC was formed by two independent software companies: Yangjae Information Technology Company and Korea Biznet Co., Ltd.

Commenting on the alliance, Kim SungWoong, Deputy General Manager, Yangjae Information Technology said: " We are excited about this relationship greatly enhancing service to our customers and the Korean Shipping industry. In the long-term, we hope this collaboration will advance the use of information technology and e-commerce in Korea to increase efficiencies and streamline supply chains."

Yong Pil Kim, General Manger, Korea Biz-net Co., Ltd. said: "We are pleased to bring the Korean shipping industry, as well as our existing customer base, the mid-size freight forwarder market, process efficiencies, saving them time, money and improving data quality."

Bobby Lim, Managing Director - China & Korea, INTTRA said, "Entering the Korean shipping market via FNC has been gratifying for INTTRA. We are pleased to bring FNC's users a fast, easy and reliable e-commerce system for managing ocean shipments and access to our ocean carrier network."

INTTRA's e-commerce platform offers a comprehensive range of e-commerce tools, including: Tender, Sailing Schedules, Booking, Shipping Instructions, Bill of Lading, Track & Trace, and Reports. Accessing the INTTRA platform is simple, using any combination of their channel solutions; INTTRA-Link (EDI-based, system-to-system connection), INTTRA-Desktop (off-line PC application), or INTTRA-Act (web-based application).

INTTRA's carrier network includes, Aliança, ANL, CMA CGM, DAL Deutsche Afrika-Linien, FESCO, Hamburg Süd, Hapag-Lloyd, "K" Line, Maersk Sealand, MCC Transport Pte Ltd., Mitsui O.S.K. Lines, MSC Mediterranean Shipping Company S.A., NYK Line, P&O Nedlloyd, Safmarine, Senator Lines, and United Arab Shipping Company.

About FNC

FNC is an alliance of Yangjae Information Technology Company and Korea Biz-net Co., Ltd. For further information about these companies visit www.kobiznet.co.kr and www.yjit.co.kr

About INTTRA

INTTRA, founded in 2000, is a leading global provider of e-commerce solutions to ocean carriers and the