INTTRA Announces Advanced Tender Response Module for Ocean Carriers

August 26, 2003

Value-added service enhances carrier response efficiency

Parsippany, NJ - August 26, 2003 - INTTRA, Inc. (www.inttra.com), the leading provider of e-business ocean logistics services, today announced the availability of its Advanced Tender Response Module (ATRM), a value-added feature of INTTRA-Tender, INTTRA's ocean transportation procurement application launched in June 2003. ATRM offers advanced features for carrier response to tender such as import/export functions and carrier report summaries. ATRM supplements the current Online Tender Response Module (OTRM) and is available to all carriers and non-vessel-operating-common-carriers (NVOCCs).

"The addition of ATRM to our INTTRA-Tender product allows INTTRA to meet the needs of carriers who wish to realize increased efficiencies in responding to tenders," said Michael Schütt Nielsen, INTTRA Senior Vice President of Global Commercial Sales. "Many of our customers have tenders which can be thousands of line items across many corporate divisions. ATRM makes even these tenders easier to manage. Several customers have already adopted INTTRA-Tender, and since its launch in June, INTTRA has trained personnel from over thirty carriers to respond to live tenders from shippers."

As part of the INTTRA-Tender ocean transportation procurement application, OTRM is available at no charge to all carriers and NVOCCs. ATRM is also available at no charge to all carriers and NVOCCs until November 1, 2003. Thereafter, ATRM will be available at a nominal fee per tender for any non-participating INTTRA carrier and non-participating NVOCC.

INTTRA provides its portal connectivity to shippers and logistics providers, and is the leading portal for containerized ocean freight services. INTTRA is utilized globally and has managed 3.2 million bookings and over 12.5 million container events since its inception. INTTRA is connected to 18 carriers who collectively serve more than 46 percent of the ocean-going transportation market.

About INTTRA
Incorporated in January 2001 and financially sponsored by a group of leading ocean carriers and logistics providers, INTTRA creates efficiencies for the ocean transportation industry by standardizing and optimizing traditionally inefficient processes. INTTRA enables shippers, freight forwarders, third party logistics providers, brokers, importers, and industry portals to manage the scheduling, booking, documentation, Bills of Lading, and tracking of cargo and the negotiation of freight services across multiple shipping lines in a single integrated process. With headquarters in Parsippany, NJ U.S.A., and offices in Copenhagen, Denmark, and Hong Kong, China, INTTRA meets today's demand for simplicity, transparency, neutrality, and confidentiality across the global supply chain, and delivers connectivity by establishing global shipping standards.

For additional information, contact your INTTRA participating carrier or visit INTTRA's Web site at (www.inttra.com).