Brazilian Logistics Provider Brasreefer Completes Full Implementation with INTTRA

July 29, 2003

Leading South American Logistics Provider Connects to INTTRA to Improve Customer Services

Parsippany, NJ, USA, and Sao Paolo, Brazil, July 29, 2003 - INTTRA, Inc. (www.inttra.com), the leading provider of e-business ocean logistics services, today announced that Brasreefer Services Ltd. has completed its implementation of INTTRA's Web-based INTTRA-Act solution. Brasreefer, a leading South American logistics provider for refrigerated cargo companies operating throughout Brazil, uses INTTRA-Act to access sailing schedules and book shipments with multiple ocean carriers, and to track the progress of cargo on container ships around the world.

"We joined INTTRA to optimize our cargo operations and simplify our booking and track & trace processes," said Pedro Veiga, Director, Brasreefer Services Ltd. "As a fully implemented INTTRA-Act user, we are able to build even stronger relationships with our clients because of the value-added improvements we can offer them, such as faster response times, improved data quality, and streamlined communication among our partners."

"We are very pleased with Brasreefer's dedication to implement our Web-based technology for the mutual benefit of the company and its clients," said Hans Christian Jensen, INTTRA Regional Sales Director, South America. "Brasreefer is a leader in the competitive perishable goods supply chain market, and we appreciate the strong support from a leader in the South American market."

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 2.8 million bookings and over 11 million container events since its inception. INTTRA is backed by 15 carriers and logistics providers that collectively serve more than 46 percent of the ocean-going transportation market.

About Brasreefer Services, Ltd.
Founded in 1984 in Brazil as Brasnave Afretamentos, Ltd., the company was originally established to handle the commercial agency of shipping companies and brokerage of several cargos such as steel, grain, and refrigerated cargos. Over time, the company went through other name changes to become known as Brasreefer Services, Ltd. The company is one of the leading logistics providers for shipping fresh fruits and other perishable foods from South America to ports in countries around the world. Brasreefer also works as a charterer's broker for some Brazilian shippers and foreign receivers involved in fresh fruits, fruit concentrates, and other perishable food items. For more information about Brasreefer Services Ltd., please contact: Pedro Veiga at: pveiga@brasreefer.com.br.

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).