Cleartrack and GT Nexus Partner to Deliver Global Logistics Visibility Solutions to Global Customers.

Business Editors

NASHVILLE, Tenn. & ALAMEDA, Calif.--(BUSINESS WIRE)--Aug. 6, 2001

Partnership Combines "Best-of-Breed" Visibility Offerings

for Domestic and International Shipments

Cleartrack Information Network, Inc., a proven supply chain event management firm, has formed a strategic alliance with GT Nexus, a leading provider of global e-logistics solutions, to deliver comprehensive visibility solutions to importers, exporters and freight forwarders. The partnership will provide customers with a single way to track and monitor their truck, rail and ocean cargo shipments.

Global importers, exporters and forwarders depend on both international and domestic cargo shipments. Today, there is no single solution providing visibility for inland moves via truck and rail, and international shipments via ocean carriers. The partnership between Cleartrack and GT Nexus addresses this customer need by providing comprehensive visibility across these moves.

"The integration of GT Nexus e-logistics solutions with our Hawk Next Generation Visibility 4.0 software will provide customers complete visibility over the entire shipping process, from beginning to end," said Harry L. Allan, IV, CEO of Cleartrack. "The partnership brings together best-of-breed solutions for domestic and international logistics visibility."

Cleartrack and GT Nexus provide highly compatible technology platforms and a complementary set of applications and partners. Cleartrack is an industry leader in the domestic arena with event management and reporting solutions for beneficial owners, their vendors and carriers. GT Nexus is focused on international logistics and today powers a range of logistics management processes, including visibility, across a network of leading, global ocean carriers.

"One of the top requirements cited by customers today is the ability to get visibility over their shipments across modes," said John Urban, President of GT Nexus. "This partnership is designed to offer a deep, compelling solution that provides customers greater control over their global freight."

"Our customers are global and their logistics needs extend beyond the boundaries of today's e-logistics solutions," said Greg Johnsen, Vice President of Products for GT Nexus. "GT Nexus and Cleartrack have both built technology foundations based on openness and integration, which makes it possible to readily provide a comprehensive, customer-focused offering through a best-of-breed approach."

The companies are already collaborating in strategic customer accounts and will embark on an extensive marketing and sales campaign in the coming months.

Cleartrack and GT Nexus both are private companies, backed by leading venture capital and corporate firms, including Warburg Pincus, a leading global private equity firm.

About Cleartrack Information Network, Inc.

Cleartrack Information Network Inc. is a proven supply chain event management (SCEM) service for companies with national and multinational shipping needs. Cleartrack's product, Hawk Next Generation Visibility(TM) monitors shipments with real-time visibility, sends immediate alert notifications about a shipment's status, allows decision-makers to assess shipment problems on an exception basis, change action, and measure a supply chain's performance, all in one secure location. Hawk Visibility enables businesses to monitor, manage and evaluate their supply chain from beginning to end, resulting in operating efficiencies and demonstrated cost savings. Cleartrack's Application Service Provider (ASP) model is easy to implement and provides a quick return on investment. For additional information, please visit www.cleartrack.com.

About GT Nexus

GT Nexus, formerly known as Tradiant, is a leading provider of global e-logistics solutions. The company's e-logistics solutions streamline complex global transportation processes, bringing unprecedented control and visibility to customers. GT Nexus provides a live global network of connected partners that include importers and exporters, freight forwarders, carriers and other service providers. Today, GT Nexus serves as a neutral third-party driving the world's largest ocean transportation partnership - a growing membership of 12 major ocean carriers, including APL, CP Ships, Crowley Liner Services, CSAV, Hanjin, Hyundai, "K" Line, Mitsui O.S.K. Lines , Senator Lines, Wan Hai, Yang Ming and the Zim Israel Navigation Company. GT Nexus is at www.gtnexus.com.