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TradePoint merges with
Trans-Euro
JoC Online
Wednesday, February 19,
2003
By: The JOURNAL of COMMERCE
ONLINE
TradePoint Systems
LLC, the Nashua, N.H.-based trade software
specialist, said it has merged with Trans-Euro, a
supplier of export documentation software
solutions based in Holland.
The new company will be called TradePoint Systems B.V.
and will be headquartered 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, the new TradePoint Systems B.V.
will offer the international trade industry of
Europe the Export Compliance System (ECS), a Web-based
application that enables exporters 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 of
U.S. Customs 24-hour advance cargo manifest rule,
will be offered by TradePoint Systems B.V.
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