INTTRA (www.inttra.com), the leading provider of business-to-business ocean freight transportation services, announced INTTRA-Tender, an ocean transportation procurement application that uses a common business process framework adopted by global carriers and shippers. INTTRA-Tender, available in June 2003, will standardize and support all phases of an ocean tender, including initial tender creation and request, carrier responses, shipper evaluation, shipper countering, and shipper nomination.

INTTRA-Tender replaces a manual process that historically has required the labor-intensive management of numerous and non-standard information exchanges between shippers and carriers.

INTTRA-Tender was created by the INTTRA-Tender Council, a group of carriers that worked over the past ten months with a number of global shippers to design a standard solution that would have broad acceptance across the industry. All carriers can use INTTRA-Tender at no charge. Any shipper who commits to INTTRA services for booking or shipping instructions can also use INTTRA-Tender at no charge.

"It is a brilliant tool, one of the best I have seen," said Rainer Heil, Manager Freight Procurement in Corporate Purchasing & Strategic Sourcing for Continental Tire, and one of the INTTRA customers involved in the pilot and field-testing process of INTTRA-Tender. "The Import/Export and validation feature cleans tender data before Continental makes it available to all stakeholders via the INTTRA platform. I see this tool as reducing the time and effort to complete the tender process significantly."

John Chinn, Executive Director, U.S. Shippers Association (USSA), said of his field testing experience with INTTRA-Tender, "INTTRA Tender has provided a way to merge multiple USSA tenders and processes for our members into a single efficient process. The ability to track quotes and trade lanes by members was one of the reasons we selected INTTRA. The validation process and standardizing of data will eliminate rework in our contract. The ability to reuse and import history is a great time saver."

Ken Bloom, Chief Executive Officer of INTTRA said, "The INTTRA Tender Council has performed a valuable service to the industry. By developing and endorsing a standardized process for procurement, INTTRA can help its carriers improve these business processes in addition to those processes to which INTTRA has already made an important contribution."

Incorporated in January 2001 and financially sponsored by a group of leading global carriers and logistics providers, INTTRA drives efficiencies into the ocean transportation industry by streamlining and standardizing traditionally inefficient processes. INTTRA enables shippers, freight forwarders, third party logistics providers, brokers, importers, and industry portals to manage the booking documentation and tracking of cargo across multiple shipping lines in a single integrated process.

With headquarters in Parsippany, NJ, U.S.A., and offices in Copenhagen, Denmark,and Hong Kong, China, INTTRA meets today's demand for simplicity, transparency, neutrality, and confidentiality across the global supply chain, and delivers connectivity by establishing global shipping standards.

The collective INTTRA carrier network includes:

Alianca
ANL
CMA CGM
Columbus Line
Crowley American Transport
DAL Deutsche Afrika-Linien
Hamburg Süd
Hapag-Lloyd
Maersk Sealand
MSC Mediterranean Shipping Company S.A.
NYK Line
P&O Nedlloyd
Safmarine
United Arab Shipping Company.

For additional information, contact any INTTRA participating carrier or visit INTTRA's Web site at (www.inttra.com).