INTTRA Selected by DAKOSY to Enhance Booking Process

July 01, 2002

Port of Hamburg portal to connect its 700 members to INTTRA carriers via INTTRA-LINK solution

Parsippany, NJ and Hamburg, Germany - July 1, 2002 - INTTRA (www.inttra.com), the leading provider of business-to-business ocean freight services, announced today that it has been selected by DAKOSY (DatenKommunikationsSystem AG - Data Communication System Plc) (www.dakosy.de) to provide booking management services to members of the DAKOSY shipping network. INTTRA will extend seamless connection to DAKOSY's members via INTTRA-LINK, a solution which connects the commercial and proprietary business systems of shippers, forwarders, and consignees to the network of INTTRA carriers. DAKOSY, the Port of Hamburg's portal for approximately 400 freight forwarders, 100 direct shippers, and 36 port service providers and authorities, is a world leader in e-business services to the transport logistics industry.

DAKOSY will offer a booking request and confirmation module to its members via direct connectivity through INTTRA-LINK. In addition, INTTRA will provide container event visibility to the members of DAKOSY through an additional module which DAKOSY will make available to its members. INTTRA presently has connectivity to almost 50 percent of the global ocean containerized trade. DAKOSY's selection of INTTRA creates economic efficiency for its members while expanding the reach of the widely adopted INTTRA standards to a broader audience.

Volkhard Erdelbrock, General Manager of DAKOSY, said, "Joining INTTRA has allowed us to respond to the needs of our members and broaden the scope of our product offerings to include booking functions. Members will also gain specific efficiencies from INTTRA's uniform business processes across the multiple carriers and a single access and connection point to those carriers. Further, our members will specifically benefit from access to more and more carriers as the INTTRA portal expands its membership in response to its growing volume."

Henrik Dam Larsen, INTTRA's General Manager Europe, said, "DAKOSY has an impressive track record and broad experience bringing electronic commerce to the shipping community. Through its use of INTTRA-LINK, DAKOSY can now build new, efficient functions and deliver them to their market quickly."

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 336,000 bookings and 2.5 million container events since its inception.

About DAKOSY
DAKOSY started as a subsidiary company of the GHBG Hamburger Gesamthafenbetriebsgesellschaft mbH in 1982. Following a one-year development phase and a three-year trial phase, DAKOSY was taken over by the main user groups of the Hamburg Sea Transport Industry. The successful further development of DAKOSY is based upon consequently introduced advances in electronic messaging and the still ongoing implementation of innovative application systems for the different requirements of the transport industry. DAKOSY is owned jointly by DIHS (DAKOSY Interessengermeinschaft Hamburger Spediteure GmbH), DHU (Gesellschaft Hamburger Umschlagbetriebe mbH), and DIHLA (DAKOSY Interessengemeinschaft Hamburger Linienagenten GmbH). Today, DAKOSY is one of the leading companies of the e-business service industry in transport logistics. For additional information, visit DAKOSY's website at www.dakosy.de.

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.