CHICAGO/SHANGHAI – June 28th, 2011 – TradingPartners™ (www.tradingpartners.com) today announced its partnership with Shanghai-based software-as-a-service retail solution provider, PowerE2E. The partnership leverages the strong market presense of PowerE2E in China and throughout Asia to allow TradingPartners to deliver spend management and eSourcing capabilities to retailers and other multinational companies throughout the Asia Pacific region.

Under the agreement, PowerE2E will sell TradingPartners’ spend management solutions to its customers in the Asia Pacific region helping customers drive down the costs of their direct and indirect spend.

TradingPartners will sell the PowerE2E supply chain platform to retailers and manufacturers in its cornerstone markets of Europe, Latin and North America.

“The relationship with PowerE2E gives TradingPartners a significant presence in retail, manufacturing and health care in the growing Asia Pacific region,” stated Mark Barnekow, Chief Executive Officer of TradingPartners. “We are excited to partner with PowerE2E to complete the entire procure-to-pay offering for our customers globally and help them reduce costs in light of current increases in commodity prices and inflation across the globe.”

TT Lim, Chief Executive Officer of PowerE2E stated, “This new dynamic partnership with TradingPartners will provide us an excellent footing in Europe, Latin and North America to continue to deliver value to our customers. TradingPartners’ return on investment to its customers is impressive. Now, together we can drive immediate value for our customers with TradingPartners’ spend management tools and services while also delivering immediate efficiencies by enabling our customer’s supply chains with the PowerE2E platform.”

As a result of this new partnership, TradingPartners and PowerE2E customers will benefit from an extended range of supply chain and spend management products and services as well as a broader global footprint.

About TradingPartners

Based in Chicago, with European headquarters in London, TradingPartners provides the most comprehensive and effective spend management technologies and service to help companies reduce the cost of their direct and indirect purchases with tangible results often in the 10-25% range. TradingPartners’ unparalleled domain expertise, comprehensive supplier database and robust technology platform has helped hundreds of manufacturers, retailers, and service firms across Asia, Europe, Latin America and North America, achieve dramatic, tangible cost savings and identify new sources of supply. For more information, visit www.tradingpartners.com

About PowerE2E

With its headquarters in Shanghai, and regional offices in, Manila, Jakarta, Kuala Lumpar and Hochiminh City, PowerE2E provides a powerful suite of products that enable the integration of supply-chain business processes for retailers and suppliers. PowerE2E offers software-as-a-service solutions to large multi-national retailers such as Carrefour, Lotte and Tesco and large multinational CPG manufacturers like Coca Cola, Unilever and Nestle. The PowerE2E platform processes hundreds of millions of US Dollars in orders every week with some of the largest retailers and suppliers in Asia. For more information, visit www.powere2e.com