Three good messages from Trade2B

Munich, March 2004 - The figures for the year 2003 clearly confirm the chosen direction of Trade2B as an independent specialist for Sourcing-solutions.

Trade2B reports that turnover for the year 2003 were clearly surpassed the originally budgeted growth of 80%. Further more, company profit rose by far more than the rate that had been expected. The yield on turnover was more than 10%. Trade2B has been profitable for more than 6 quarters now. This fact on its own is (nearly) a unique characteristic in a branch that experienced, and still experiences, continuous financing challenges.

As a result of this organic growth, Trade2B, which today has more than 75 employees, is one of the largest providers (by turnover, profit, employees, number of customers etc.) of European origins in Sourcing.

Wolfe W. Diener, one of the founders of Trade2B and member of the board of directors comments: “For the year 2004 we are planning and anticipating an increase of 70% in turnover and profit. The branch is going to consolidate even further and we too will make a contribution – if necessary through acquisitions. We are constantly monitoring the market regarding new chances – one can be curious about the future.”

About Trade2B.com AG:

Trade2B is the leading provider of solutions in the area of enterprise relationship management. Trade2B earned renown with its auction platform and the sourcing standard software Trade2B R4, one of the leading solutions worldwide for requests for information, online requests for quotation and purchasing auctions.

Besides its purchasing software, Trade2B’s commodity experts and purchasing consultants offer professional purchasing support. Trade2B is a shareholding of the Beisheim Holding Schweiz. Currently there are about 65 people employed at the offices in Munich, Brasov, Mainz and Paris. Through partners like BearingPoint, Nexolab, Global Ressourcing and others a worldwide network of more than 1000 consultants is at the disposal of our clients. Trade2B has been steadily profiting since the third quarter 2002.