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Trade Technologies Receives Presidential "E" Star Award for Export Services

Recognition for Maintaining Substantial Contributions to the Expansion of U.S. Exports

Presidential "E" Star Award for Export Services
AUSTIN, TX (May 15, 2015) – Trade Technologies, the global leader for international trade document solutions, was awarded the Presidential “E” Star Award for Export Services by the U.S. Department of Commerce Secretary Penny Prizker today in Washington D.C. The award was accepted by Greg Jones, Trade Technologies’ Vice President of Engineering.

This is the second time in the past four years that Trade Technologies has won a prestigious ”E” award from the U.S. Department of Commerce. In 2011, Trade Technologies was awarded the President’s “E” Award for excellence in export services, the highest U.S. award for supporting American export growth. The “E” Star Award is given for continuing efforts to improve U.S. export service. Only winners of the “E” Award can compete for the “E” Star Award.

“Trade Technologies has demonstrated a sustained commitment to export expansion. The “E” Awards Committee was very impressed with Trade Technologies’ creativity and innovation in document services,” said Secretary of Commerce Penny Prizke. “The Company’s contribution to the continued record of success of its clients was also particularly notable. Trade Technologies’ achievements have undoubtedly contributed to national export expansion efforts that support the U.S. economy and create American jobs.”

“Congratulations to Trade Technologies for winning this prestigious award once again. Their innovative technologies are on the cutting edge of document services,” said Congressman Michael McCaul. “Trade Technologies’ continued success is a testament to the dedication and passion they have for the export services industry and strengthening the American economy. I am proud that such a great company calls Austin home.”

All nominations are reviewed by the “E” Award committee which is chaired by the Department of Commerce. This committee includes representatives of Exim Bank, the Small Business Administration and the Department of Agriculture, Labor, State and Transportation. President Kennedy revived the World War II “E” symbol of excellence to honor and provide recognition of America’s exporters. Thus, the “E” Award Program was established by Executive Order 10978 on December 5, 1961. A second award, the President’s “E” Star Award, was authorized by the Secretary of Commerce in 1969 to recognize “E” Award recipients for their continuing significant contributions to the U.S. export expansion.

“To receive the President’s “E” Star Award is a tremendous honor for Trade Technologies,” said Kirk Lundburg, CEO of Trade Technologies. “This recognition validates our deep commitment to making an impact in the international trade documentation market. The President’s “E” Star Award is another reminder of the benefits to maintaining our high standards of service, quality and innovation in today’s competitive markets.”

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.