Press Releases

TradeBeam Selected By AlwaysOn As Top 100 Award Winner

TradeBeam Only Global Trade Management Provider Selected out of 1,000 Peer-Nominated Companies

San Mateo, CA, August 8, 2006—TradeBeam, a leading provider of Global Trade Management (GTM) software and services, today announced its selection by AlwaysOn as one of the Top 100 Private Company award winners for 2006. TradeBeam was hand-picked by the AlwaysOn editorial team based on a set of five criteria: innovation, market potential, customer adoption, media buzz and investor value creation.

The AlwaysOn 100 was selected from over 1,000 companies that were peer-nominated by leading venture capitalists, investment bankers and industry analysts. The list consists of private companies at all stages of development, from early to late stage.

“The AO100 companies are driving the next wave of innovative technologies that are disrupting the old guard and shaping the new media landscape,” said Tony Perkins, founder of AlwaysOn. “As ever, we were inundated with nominations from leading companies, and it’s heartening to know that tomorrow’s thought leaders and technology visionaries are already out there. My congratulations to each AO100 winner—these are the companies which we predict will have the greatest market traction, strongest innovation and most game-changing approaches this year.”

“We are very pleased to be recognized by AlwaysOn as one of the Top 100 Private Companies,” said Duncan Jackson, vice president of marketing and business development for TradeBeam. “TradeBeam has experienced tremendous recognition in the past year and winning the AO100 award further validates our ongoing success as an emerging leader in the GTM space.”

TradeBeam offers applications that streamline the entire lifecycle of global trade across order, logistics, and settlement activities to significantly improve operating efficiencies and cash flows. TradeBeam enhances its ROI to clients through offering its applications on-demand and on a pay-as-you-go basis.

A full list of all the AO100 companies can be found on the AlwaysOn Web site.

About TradeBeam

TradeBeam is a Global Trade Management software and services company providing solutions that streamline global trading processes for enterprises and their partners. TradeBeam’s integrated solutions provide import and export compliance, inventory management, shipment tracking, supply chain event management and global trade finance solutions such as open account and letter of credit management. TradeBeam has over 3,000 customers with users in over 100 countries worldwide.