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EAST RUTHERFORD,
NJ, March 7, 2007 -- Tradelink
Electronic Commerce Limited (“Tradelink”,
SEHK: 0536), a provider of
trade-related electronic
services for Hong Kong and
international business
communities, announced today a
co-operation agreement with
Management Dynamics, a leading
provider of on-demand Global
Trade Management (GTM)
solutions, to provide its
customers with a service called
Trade Wizards. With Trade
Wizards, Tradelink customers can
access a powerful decision
support tool with global trade
content that spans 118 countries
or roughly 99% of world trade.
The challenge for companies in
today’s global environment is to
maintain compliance with
complex, ever-changing trade
regulations, manage a growing
network of trading partner
relationships, and still get
their product to market at the
lowest delivered cost. Trade
Wizards addresses this challenge
and provides Tradelink customers
with instant compliance
capabilities and a full audit
trail at the touch of a button
from any web-enabled computer
to:
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Calculate
import duties, excise taxes,
as well as identify
preferential duty rates
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Search for
Harmonized Schedule (HS) and
Export Control Number (ECN)
codes
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Screen for
restricted trade parties
-
Calculate the total landed
cost of each shipment, and
-
Determine licensing
requirements and trade
documents
Powered by
Management Dynamics, the service
is available via the Tradelink
portal and requires no software
or system integration, saving
valuable time and resources.
Justin Yue, Chief Executive
Officer of Tradelink, said,
“With Trade Wizards, our
customers can save hours of time
and effort in determining the
licensing requirements and trade
documents for any country of
import or export. This
information service is another
great example of how we make
available to our customers value
added services that help to
improve their operation
productivity and efficiency.”
“We are excited to offer this
solution as a way to help
companies find accurate answers
to tough international trade
questions on-demand. With Trade
Wizards, the once time-consuming
and manual process of
interpreting trade rules and
regulations is now automated,”
said Raymond Yuen, Director,
Management Dynamics. “This
strategic alliance offers us an
expansive channel for meeting
the demands of our growing Asian
customer base. We look forward
to establishing a long and
fruitful relationship with
Tradelink and its customers.”
Trade Wizards is made available
to Tradelink customers following
a simple registration process
along with online help
documentation and 24 x 7
customer support services.
Customers will pay a monthly or
annual subscription fee for
unlimited use of the Trade
Wizards service.
About Tradelink Electronic
Commerce Limited
Established in 1988, Tradelink
Electronic Commerce Limited (“Tradelink”),
a joint venture between the Hong
Kong SAR Government and private
sector shareholders, is a
leading provider of
trade-related electronic
services for both Hong Kong and
international business
communities. Over the years, by
perfecting its infrastructure
and developing services that
meet users’ practical needs,
Tradelink has earned the trust
of the trading community and
built a superb reputation that
underscores its dominance in the
public e-trading services
sector. It offers a unique range
of customer support solutions,
designed specifically to help
customers gain maximum benefits
from e-commerce. It makes the
use of electronic services as
affordable, convenient and
user-friendly as possible for
its customers. On 28 October
2005, Tradelink was listed on
the Main Board of The Stock
Exchange of Hong Kong Limited
(Stock Code: 0536).
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