FSI of Midrex switches to new technology offered by QuestaWeb to manage Import, Export, and Logistics

FSI of Midrex switches to new technology offered by QuestaWeb to manage its Import, Export, and Logistics operations

Westfield, NJ (PRWEB) May 10, 2004 -- QuestaWeb, Inc., a provider of Internet-based global trade management software solutions, announced that Forwarding Services International, Inc. (FSI) the global logistics services arm of Midrex Technologies, Inc. has selected the companys flagship TradeMasterQW system to automate its import and export operations. Midrex Technologies, Inc. is an international process engineering and technology company that provides global process technology solutions, and is the leading technology supplier of direct reduction for the iron and steel industry.

"QuestaWebs newest technology and complete functionality will allow our company to take advantage of web-native integrated software, the centralized database, as well as its multilingual capabilities," said Donald Brooks, Operations Manager at FSI. "QuestaWebs solutions will help us improve handling of large volume service contracts around the world, achieve higher degrees of visibility and control, and seamlessly integrate import and export operations."

"FSI/Midrex will utilize QuestaWeb capabilities to streamline tracking, logistics, import, and export management functions," said Felix Pekar, COO of QuestaWeb. " The TradeMasterQW advanced technology and its robust functionality will enable FSI to create a competitive advantage." Pekar continued, We look forward to working with the FSI team to implement TradeMasterQW in a timely and efficient manner."

About Midrex Technologies
Celebrating its 30th anniversary this year, Midrex continues to be the leading innovator and technology supplier in the direct reduction of iron ore. Each year since 1987, the MIDREX Direct Reduction Process has produced more than 60% of the world's Direct Reduced Iron (DRI). DRI is a high-purity metallic iron used in steelmaking, iron making and foundry applications. Midrex also offers the FASTMET and ITmk3 processes for producing metallic iron using coal and has also ventured into other industries to utilize its project execution and process development expertise.

Building upon our solid foundation in direct reduction, Midrex's scope spans far beyond the iron & steel industry. After decades of innovation in direct reduction ironmaking, our process development, project execution, engineering and marketing strengths are being applied to Non-Ferrous Metals, Oil and Gas, Minerals Processing and other industries.

Midrex Technologies, Inc. is a wholly owned subsidiary of Kobe Steel, Ltd. headquartered in Charlotte, North Carolina. For more information, please visit www.midrex.com.

About QuestaWeb
QuestaWeb is a provider of integrated web-native global trade management software solutions. Its flagship product, TradeMasterQW, pro-actively manages the export and import processes for importers, exporters, forwarders, and brokers, thereby streamlining cross-border operations. TradeMasterQW business model unifies trade, logistics, compliance, and financial processes promoting worldwide collaboration. The centralized global database maintains up-to-date import and export content, and supports multiple languages, industries, currencies, and time zones. QuestaWeb was one of the first companies certified by U.S. Customs for their electronic connectivity initiatives. TradeMasterQW accelerates the flow of goods across the global supply chain, reduces inventory and operational costs, and ensures compliance with ever-changing cross-border regulations. For more information, please visit www.questaweb.com.