Singapore Government elects Core Solutions as Official Value-Added Solutions Partner

HONG KONG - October 26, 2006 - Core Solutions is delighted to partner with the Singapore Government's TradeXchange, a neutral and secure trade platform that facilitates the exchange of information within the trade and logistics communities.

TradeXchange has been looking for a customized solution designed to help address the specific challenges faced by small and medium enterprises in global trade arena. With CBX (Core Business eXchange), the Singapore government found an ideal match between their needs and Core Solutions' services.

"I am very happy to announce that Core Solutions has been officially selected to be a value added solutions partner of the Singapore TradeXchange by the Singapore Government," said Michael Hung, CEO of Core Solutions. "As a VAS partner, Core Solutions is excited to help the Singapore government provide global trade management solutions that service the Singapore business community."

As a result of this partnership, TradeXchange can now count on Core Solutions' CBX suite of Global Trade Management productivity applications to enable all supply chain participants to manage order processes, trade transactions and financial flows, all through an integrated platform.

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