High-profile Industry Veteran Joins TradeCard's Executive Team

Appointment follows record first quarter results

New York, April 27, 2005 - TradeCard Inc., the leading provider of on-demand financial supply chain solutions, named Marshall Gordon senior vice president, worldwide sales and marketing. Gordon joins TradeCard from SAP (NYSE: SAP), where he most recently served as Industry Executive for Retail, Apparel and Footwear. Taylor Winfield, Inc. conducted the search. 

Gordon's appointment follows TradeCard's announcement of record first quarter performance, including all-time highs for quarterly revenue and transaction volume. The strong results build upon two consecutive years of more than 100 percent year-over-year revenue growth.

" Marshall understands our momentum is based on tangible business benefit we deliver customers," says Kurt Cavano, TradeCard's chairman and chief executive officer. "He's spent years in the markets we serve - both as practitioner and valued advisor. Together with his expertise in building solution-oriented businesses, this background makes him the ideal person to lead and grow our sales team. Having him on board will take us to the next level."

TradeCard's nearly 1,000 customers are located in 50 countries. The company improves profitability of trade for a global supply chain's entire ecosystem - from retailers, brands, and manufacturers to financial institutions, inspection agencies, and logistics providers. Rather than shifting costs, the TradeCard platform eliminates costs.

With nearly two decades of supply chain experience, Gordon complements TradeCard's senior management team, which includes veterans from trade finance, banking and credit, technology, and consulting.

"Joining the company was a rare opportunity to lead a growing sales team delivering near immediate business value," says Gordon. "By synchronizing the financial supply chain with the more often targeted physical supply chain, TradeCard enables full benefit of initiatives requiring cash flow, credit and transaction efficiency. This is especially valuable today as brand consolidation and supply chain rationalization require increased CFO and chief supply chain officer collaboration."

During his seven-year tenure with SAP, Gordon led a team that won dominant market share in the retail, apparel and footwear verticals, garnering seven of the 10 industry leaders as customers. He previously served as a principal with Textile Consulting Group, providing strategic guidance to manufacturers transitioning to global sourcing. Prior, Gordon was vice president, manufacturing and sourcing for Crystal Mills, a private label manufacturer serving many of the top specialty retailers.

About TradeCard
TradeCard, the leading provider of on-demand financial supply chain solutions, is revolutionizing global trade with a web-based platform that automates the financial processes in supply chains that have been plagued with decades-old paper-based solutions. By using TradeCard, buyers and sellers can manage their transactions with complete visibility to initial orders through final settlement. TradeCard's global network of partners provides additional automated services on the platform including supply chain financing, credit protection, money movement and inspection. In addition to process improvements, customers realize immediate cost savings, optimized cash flow, reduced reliance on credit lines and improved supply chain relationships. Headquartered in New York City , TradeCard Inc. has offices in San Francisco , Hong Kong, Brussels , Taipei , Seoul , Tokyo and Shenzhen. TradeCard is a registered trademark in the United States and elsewhere throughout the world. TradeCard is located online at www.tradecard.com.

About Taylor Winfield, Inc.
Established in 1987, Taylor Winfield has been instrumental in building billions $$ in market value within the high technology industry, via retained executive search and strategic business development. Through key relationships with premier venture capital firms, maturing client companies, and their executive network of visionary industry leaders, Taylor Winfield has conducted searches to create hundreds of high tech core management teams in enterprise software (applications & infrastructure), wireless, networking, computer hardware, services, and semiconductors. For more information, please visit www.taylorwinfield.com.