Read about it in Eye For Transport HERE.
Read about it in The Journal of Commerce Online HERE.

February 19, 2003 -
TradePoint Systems Merges with Trans-Euro

TradePoint Systems B.V. has announced that it has merged with Trans-Euro of The Netherlands, a supplier of export documentation software solutions to Exporters throughout Holland, to further expand TradePoint's European presence. The new company will be a subsidiary of TradePoint Systems Ltd., TradePoint Systems LLC's European operations, and will be known as TradePoint Systems B.V. with headquarters in Zwolle, Holland.

"We are pleased and excited by this merger" said Nigel Lothian, Managing Director of TradePoint Systems' European operations. "We have several customers utilizing our SPEX export documentation system in Holland and other parts of Europe. Combining our technology offerings and customers with those acquired from Trans-Euro, as well as adding Trans-Euro's local market presence, existing resources and skills, will allow TradePoint to reach its goal of significant penetration into the European market".

In conjunction with SPEX, TradePoint Systems B.V. will offer the international trade industry of Europe the Export Compliance System (ECS), which is a web-based application that gives Exporters the ability to automatically check for regulatory compliance and denied parties during the document preparation process. In addition, Manifest 24 another web-based application that enables ocean carriers and NVOCC's worldwide to successfully complete the task requirements set forth in the "Us Customs and Border Protection 24-hour Advance Cargo Manifest Declaration Rule", which applies to all cargo shipped in containers bound for the United States, will be offered by TradePoint Systems B.V.

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