Software Professional Joins the Trade Technologies Team

AUSTIN, Texas, April 1, 2008 /PRNewswire/ -- Jessie Yeung has joined Trade Technologies as its Vice President of Sales and Marketing. Trade Technologies is the global leader in international trade documentation solutions.

Of joining the company, Yeung said: "While the company has made fantastic progress over the last several years, the opportunities remain limitless with Trade Technologies. I'm very excited to be a part of that."

Prior to joining Trade Technologies, Yeung, who will be based in Austin, was vice-president of business development for Siemens, a source of cutting- edge products, solutions, and services to global companies.

"This is a great match where we can leverage Jessie's extensive sales skills and deep software and international experience as the company continues its rapid expansion," said Trade Technologies CEO Kirk Lundburg.

Trade Technologies is changing international payment practices that, until recently, relied on the paper-heavy process of letters of credit that had evolved little since the days of Marco Polo. The company's Global Trade Management Platform and professional outsourced services are leading the way in enabling exporters and freight forwarders to deliver original trade documentation over the Internet to the world's major international trade banks. This far more efficient process helps customers streamline their operations, eliminate discrepancies and accelerate payments.

The Trade Technologies Platform is quickly setting the industry standard. Large and small international exporters and freight forwarders rely on Trade Technologies' software and outsourced services to facilitate billions of dollars of international payment transactions each year.

Trade Technologies was founded in 1999 by export and trade finance professionals to provide innovative and pragmatic international receivables management professionals and tools for exporters. Since its inception, the company has experienced substantial growth, surpassing $10 billion in transactions processed on the Trade Platform earlier this year.

The company has eight offices worldwide in Atlanta, Austin, Hong Kong, Houston, London, Los Angeles, New York and San Francisco.

    The Trade Technologies website may be seen at
http://www.tradetechnologies.com.