FIATA SIGNS AGREEMENT WITH OCEANWIDE.COM

New online platform offers valued-added service to members

Montreal, Canada – December 5, 2000 – In a move to increase communication between its members as well as streamline the information dissemination process, FIATA International has agreed to have Oceanwide.com design, develop, host and maintain all application services relating to the new FIATA Document Delivery System.

If we want to maintain our role as the Architect of transport", we have to evolve more rapidly than the other entities in the industry. The freight forwarder is the only one who interacts directly with everyone involved in the shipping process. He deals with the banks, the insurance companies, customs, the carriers, the shipper and the consignee. In order to better service our clients, we, as forwarders, have to keep up with the new technologies that are revolutionizing our industry and our role at FIATA is to lead our members in that direction." says Chris Gillespie, president of FIATA.

The decision to create the platform was based on the results of a member audit which revealed the need to improve the communication between the advisory boards and approximately 3,000 members in 150 countries. In order to unite the international freight forwarding community, we had to find a way to eliminate the redundancies of a physical mailing system and the inconsistencies of the postal services in certain countries," notes Director of FIATA, Marco Sangaletti. Through the new FIATA Document Delivery System, real-time information will be available to all members 24/7."

The FDDS will allow FIATA to fulfill its objectives and improve the quality of services rendered to the forwarding community at large. As the members begin to maximize the potential of the Internet, the benefits of this FIATA/Oceanwide.com initiative will readily becoming apparent to the users." adds Alisa Morris, Oceanwides Portal Marketing Manager. The FIATA Document Delivery System will be available by April 2001.

About Oceanwide.com
Oceanwide.com is a leading provider of Internet e-commerce business solutions to the transportation and logistics community. Oceanwide.com provides on-line cargo insurance, customized messaging solutions and online software for freight forwarders. The companys web site is http://www.oceanwide.com.

Contact: Jacinthe Leclerc, Director of Communications 1-888-289-7744, Extension 139 jacinthel@oceanwide.com http://www.oceanwide.com

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