New UPS Software Simplifies Trade by Tackling Compliance Obstacles

ATLANTA, May 23, 2005 - UPS Trade Management Services, Inc., a unit of UPS Supply Chain Solutions, (NYSE: UPS), today simplified international trade management by unveiling a new software suite called UPS TradeSense™. The software helps U.S. exporters and importers manage customs clearance and security regulations associated with global trade.

The benefits to companies using this software can include increased compliance, lower operating costs and reduced exposure to penalties along with optimization of internal processes.

“The UPS TradeSense technology supports UPS’s mission to synchronize global commerce,” said Bill Ansley, vice president of UPS Trade Management Services. “Customers now can better coordinate their trade responsibilities to help minimize delays in moving goods across borders that may result from documentation errors or compliance issues.”

UPS TradeSense supports several important trends in the international trade sector, including the enhanced focus on trade compliance and the need to retain and organize trade related information in case of audits by U.S. Customs and Border Protection (CBP) and other government agencies.

UPS TradeSense is a neutral technology platform that can be integrated into virtually any IT infrastructure, allowing the maintenance of all trade-related data in a single location for easy management and connectivity to global supply chain partners. This fully integrated solution has screen level security protocols controlled by the user’s personal identification code. The software can be sold and supported separately or be used as part of a solution provided by UPS Trade Management Services.

The UPS TradeSense software was built with a modular design allowing companies to address specific global trade needs. These include:

The TradeSense Trade Data Repository is a tool for managing, storing and disseminating international trade-related information at the item or stock keeping unit (SKU) level. With its connectivity to CBP, it allows companies to maintain a high level of compliance.

TradeSense Import allows a company to automate and better manage import transactions in the pre-entry, entry and post-entry phases, ensuring that they are in compliance with U.S. regulations.

TradeSense Export provides exporters with tools to automate export compliance, thus streamlining export transactions from order to shipment.

TradeSense NAFTA helps companies determine whether their goods meet NAFTA qualifications and manage NAFTA solicitations.

TradeSense Drawback can streamline the process of claiming duty drawbacks and maximize the amounts available for recovery.
The new software expands the UPS Trade Management Services integrated portfolio offering. The wholly-owned subsidiary of UPS Supply Chain Solutions provides trade, tariff and compliance consulting services, technology solutions, educational seminars and managed services that assist companies in managing their daily import and export activities.

Earlier this year, UPS launched another technology simplifying international trade known as Quantum ViewSM Manage for importers, which provides U.S. importers with online tools that enable them to better manage their internal import compliance processes and expedite clearance of their cross-border small package shipments.