THE VIRTUAL BOX: INTEGRATING THE CONTAINER SHIPPING COMMUNITY CONFERENCE

September 18, 2002, 4.30 pm

Topic: E-trade: Implications for Carriers.

What is the implications on carriers of electronic documentation tools? What do carriers need to do to exploit the opportunities arising from these developments?

• Helping customers re-use data from letters of credit to create electronic shipping instructions
• Remote B/L printing
• Digital Certificates and electronic bills of lading, present and future 'a reality check'
• @GlobalTrade a bridge between logistics providers and financial institutions
• Who is going to drive the change towards paperless trade?

Detail and presentation times in the conference program can be found at http://www.thedigitalship.com/containershipping.htm.

IFSA 2002 ANNUAL CONFERENCE

September 12, 2002, 10:45 am - 12:00 pm

GlobalTrade Corporation's CEO, JACOB KATSMAN will participate on the panel discussion:

'Emerging Electronic Trade Networks' together with LLOYD CLARK, Global Head of Delivery Product & Technology, Bolero.net and KEN MIZERA, Vice President of Business Development TradeCard; at the IFSA 2002 Annual Conference, Marriott's Harbor Beach Resort, Fort Lauderdale,Florida, USA. http://www.ifsaonline.org.

Topic: The ability to conduct trade transactions in a paperless environment has now become a reality. After years of promise, electronic trade models are starting to mature and will enable our corporate customers to mirror in the financial supply chain the efficiencies they have already achieved in the physical supply chain. The panel discussion will provide an update on market initiatives, rollout status, and key issues and trends in the electronic trade-processing environment. The panelists will also discuss cross industry benefits and attempt to map out the future direction of electronic trade processing.

GlobalTrade Corporation invites all bankers to visit its Demo Suite at the IFSA 2002 Annual Conference, Marriott's Harbor Beach Resort, Fort Lauderdale, Florida, USA, from September 9 to 12, 2002. All meetings and demonstrations will be made by appointment only.

GlobalTrade Corporation will profile its @GlobalTrade system compliant with eUCP and will discuss:

1. Lessons learned from its pilot with number of banks, exporters, importers and trade service providers
2. Current status of the system and its focus
3. The Business Model and benefits to banks and its customers
4. Insourcing and Outsourcing of Trade Services, various options and IT solutions
5. Difference between @GlobalTrade, Bolero and TradeCard
6. @GlobalTrade Export Pilot Program and commercial launch
7. How banks' clients can accelerate cash flows, reduce courier costs and present credit conforming documents

To arrange a meeting with GlobalTrade Corporation at IFSA please contact: David Jack, Vice President, e-Commerce, Tel. +1 416 661 8520.