INTTRA Selected by Oceanwide.com to Expand Integrated Shipment Management Capabilities

August 06, 2002

Parsippany, NJ and Montreal, QC - August 6, 2002 - INTTRA, Inc. (www.inttra.com), the leading provider of business-to-business ocean freight services, announced today that Oceanwide.com (www.oceanwide.com), a leading provider of web-based applications to the freight transportation industry, has completed its integration to INTTRA. Oceanwide.com is now able to extend its multi-modal freight transportation portal capabilities to include connectivity to the world's leading ocean carriers through INTTRA's transportation network.

Oceanwide has integrated its ForwarderLogic online freight management application to INTTRA's global carrier network. ForwarderLogic users can now manage entire freight programs from a single source, ensuring that customers' bookings are completed more quickly and accurately. This integration allows better control of just-in-time shipments, resulting in reduced cycle times, inventories, and warehousing costs. In addition, ForwarderLogic users who book through INTTRA will also gain access to status information about all in-transit ocean shipments.

ForwarderLogic clients include BAX Global, Gillespie-Munro, Gillship Navigation, Rohde & Liesenfeld Canada, and Rock-It Cargo. Michael Rasmussen, President of Rock-it Cargo, said, "This project really closes the gap in allowing Rock-it Cargo to provide a totally Web-based freight management solution, increasing both the speed of the actual transaction and the depth of information we can provide to our customers and partners alike."

David Berger, Chief Operating Officer of Oceanwide, said, "We are very excited about working with INTTRA, the industry's leading ocean portal. Our fast track integration project has enabled us to bring quickly to market a seamless, end-to-end electronic shipment solution for our customers. By using INTTRA-LINK, we can provide transparent, door-to-door electronic shipment management for our customers."

Jane Biddle, Chief Commercial Officer of INTTRA, said, "We are pleased to bring Oceanwide and its ForwarderLogic containers into our growing network. Through the use of INTTRA-LINK, Oceanwide can deliver greater advantage to its customers who in turn need not make any additional systems investment to realize this advantage."

INTTRA offers a standardized ocean logistics execution platform to shippers, consignees, and logistics providers around the world and is sponsored by many of the world's leading ocean carriers. INTTRA is utilized globally and has managed more than 600,000 bookings and 3.5 million container events since its inception.

About Oceanwide.com

Oceanwide.com is a Vertical Service Provider offering web-based collaborative management platforms to the freight transportation and cargo insurance industries. The company's products are designed for freight forwarders, cargo brokers, and underwriters, carriers and shippers. Oceanwide's scaleable solutions drive the evolution from paper bound, continuous data re-entry methods to single entry, real-time Internet-based processes. The company's web site is www.oceanwide.com.

About INTTRA
Incorporated in January 2001 and financially sponsored by a group of leading global carriers and logistics providers ( CMA CGM, Hamburg Süd, Hapag-Lloyd, Kuehne & Nagel International AG, Maersk Sealand, MSC Mediterranean Shipping Company S.A., P&O Nedlloyd, and United Arab Shipping Company), INTTRA's mission is to drive 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 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's Web-based portal meets today's demand for simplicity, transparency, neutrality, and confidentiality across the global supply chain, and is designed to deliver connectivity by establishing global shipping standards.