NEWS & EVENTS

PRESS RELEASE

Trade Technologies' Boston Office Expanding

Export Recovery in New England Driving Growth 

September, 2010/AUSTIN, TX—Trade Technologies, the global leader for international document solutions, today announced that it is expanding its Boston office to new facilities and hiring additional key personnel to support growth.

Trade Technologies' Boston office is now located at 15 New England Executive Park, Suite 2058 in Burlington, Massachusetts.  The new phone number is 781.791.5062.  Judith Stevens, a letter of credit professional with over 25 years of experience in the New England export market has joined the Trade Technologies Boston team, under the leadership of Sarah Dawson.   

The rise in international exports originating in Boston and surrounding areas is driving an increased demand for the kind of sophisticated trade documentation services that the 12-year-old company provides. By expanding their New England team with highly-qualified letter of credit experts, Trade Technologies is in a good position to capitalize on the increased demand.

“Our Boston office has been open only for a short time, but is growing steadily and building a reputation as the leading provider of outsourced trade document services in the New England area.  Trade Technologies’ ability to accelerate payment and provide visibility and certainty of payment for export transactions is driving strong growth in this difficult credit market,” said Kirk Lundburg, CEO of Trade Technologies.

“We are extremely pleased to have Judy join our global team of international trade professionals. We now have the most seasoned and talented team in New England,” said Mr. Lundburg. “Judy’s experience combined with our unsurpassed technology will better serve our clients and help us to continue to grow in New England’s vibrant export community.”

Trade Technologies provides software and services that accelerate the creation and delivery of complex letter of credit and other trade documentation. Their customers report being consistently paid faster and more reliably with lower overhead costs. The fast-growing company combines cutting-edge technology, trade documentation experts, and best-in-class processes to complete over $7 billion of transactions per year on behalf of over 1,000 global exporters.

The company’s web-based Global Trade Management Platform and professional outsourced services lead the way in enabling exporters and freight forwarders to create accurate trade documents and to deliver original documents over the Internet to major international trade banks and buyers. This highly efficient process allows customers to streamline their operations, eliminate discrepancies, save money and accelerate payments.

Trade Technologies has offices in Atlanta, Austin, Boston, Chicago, Hong Kong, Houston, Istanbul, London, Los Angeles, Mumbai, New York, San Francisco, and Singapore.

About Trade Technologies

Founded in 1999, Trade Technologies (www.tradetechnologies.com) is the largest global provider of trade document services and software. From its offices in Asia, Europe and North America, Trade Technologies provides leading exporters, freight forwarders and international trade banks with trade document solutions, training and consulting.

The Company’s web-based TradeSharp platform and outsourced services enable customers to streamline their operations, save money, accelerate payments, and eliminate discrepancies traditionally involved in international letter of credit, documentary collections and open account transactions. More than 1,500 exporters, global trade banks and freight forwarders depend on Trade Technologies’ services to process almost $10 billion in international trade transactions each year. Globally, Trade Technologies is presenting original letter of credit and other trade documents online to 66 examination offices of 24 banks in 13 countries.

Trade Technologies was named by Silicon Review as one of the “50 Smartest Companies of the Year 2016.” In 2015, Trade Technologies was awarded the Presidential “E” Star Award for Export Services by the U.S. Department of Commerce and was selected by CIO Review Magazine for its annual list of the 20 Most Promising Banking Technology Solution Providers. Trade Technologies was voted the “Best Trade Tech Solutions Company” in 2012 by readers of Trade Finance Magazine. In 2011, Trade Technologies won the Presidential “E” Award for Exports through the U.S. Department of Commerce, the highest recognition any U.S. entity may receive for supporting export growth. In 2010, the Company was awarded a patent on the TradeSharp software platform and process.