U.S. Customs Container Security Initiative Deadline Drives INTTRA Growth

January 29, 2003

INTTRA helps customers and carriers meet new U.S. Customs Container Security Initiative regulations

Hong Kong, China and Copenhagen, Denmark - January 29, 2003 - INTTRA (www.inttra.com), the leading provider of business-to-business ocean freight transportation services, today reported that the impending enforcement of new U.S. Customs Container Security Initiative (CSI) regulations has created a dramatic increase in the demand for INTTRA documentation processing services. CSI regulations require that shipping instructions be submitted to U.S. Customs at least 24 hours prior to a vessel leaving for a U.S. port. INTTRA has further enhanced its recently announced workflow tools, which help importers and exporters comply with these new regulations.

The workflow tools are part of INTTRA's product suite, which includes INTTRA-ACT, the web-based solution, and INTTRA-LINK, the integrated enterprise-level solution, and support both CSI and shipping instruction requirements. The workflow tools were announced in November 2002, and since then, the number of bookings and containers processed by INTTRA each week has grown to over 45,000 and 100,000 respectively. In terms of overall usage, INTTRA currently has 15,000 registered users in 3,000 companies in 120 countries.

Ken Bloom, Chief Executive Officer of INTTRA, commented, "CSI has raised the demand for earlier presentation of shipping instructions to ocean carriers. We are helping our customers and carriers meet these new requirements by introducing new functionality that improves the speed with which exporters can submit shipping instructions and comply with CSI regulations, and the way in which carriers can control possible changes made to shipping instructions."

Any shipper, forwarder, or exporter can register with the INTTRA portal directly through the web at no charge. Shipping Instructions can be created via INTTRA-LINK and INTTRA-ACT on a stand-alone basis or from existing bookings, whether those bookings were made through INTTRA directly or through INTTRA carriers. Furthermore, registered users can manage the documentation requirements for U.S-bound shipments and avoid missing the 24-hour cut-off by requesting weekly CSI Management Reports or CSI Notification emails from INTTRA. Because INTTRA is already connected to participating carriers' back-end systems, documentation is transmitted reliably and without manual intervention or delay. Participating carriers representing approximately 46% of the global market are integrated currently with INTTRA.

About INTTRA
Incorporated in January 2001 and financially sponsored by a group of leading global carriers and logistics providers, INTTRA drives efficiencies into the ocean transportation industry by streamlining and standardizing traditionally inefficient processes. INTTRA enables shippers, freight forwarders, third party logistics providers, brokers, importers, and industry portals to manage the booking, documentation, and tracking of cargo 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. The collective INTTRA carrier network includes Alianca, ANL, CMA CGM, Columbus Line, Crowley American Transport, DAL Deutsche Afrika-Linien, Hamburg Süd, Hapag-Lloyd, Kuehne & Nagel International AG, Maersk Sealand, MSC Mediterranean Shipping Company S.A., NYK Line, P&O Nedlloyd, Safmarine, and United Arab Shipping Company.

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