Monday, July 21, 2008

INTTRA Expands Senior Management Team

INTTRA, the leading e-commerce portal for the ocean freight industry, today announces that Valerie Rainey has joined the Company’s senior management team as Chief Financial Officer (CFO). Rainey brings forth significant experience in areas such as e-commerce, strategic alliances, operations and finance. As CFO, Rainey will be responsible for budgeting, forecasting, financial reporting, financial modeling and process improvements.

With an evolving global suite of e-commerce solutions for the ocean-shipping industry, INTTRA continues to grow and innovate its product line. Rainey’s appointment affirms the Company’s commitment to providing its customers with comprehensive technologies for simplifying collaboration and increasing supply chain visibility.

“In growing the INTTRA senior management team by recruiting from various industries, we are putting in place a leadership team that will continue developing our current growth strategy while also providing new perspectives that will influence INTTRA’s new direction,” said Ken Bloom, CEO of INTTRA. “We are thrilled to have Valerie on board and look forward to her contribution to INTTRA’s innovation and rapid growth moving forward.”

Prior to joining INTTRA, Rainey was director of finance at Pitney Bowes in its international mail services division where Rainey successfully integrated acquisitions, streamlined processes, instituted internal controls and Sarbanes-Oxley compliance testing. Prior to joining Pitney Bowes, Rainey was with the American Institute of Certified Public Accountants (AICPA) for twelve years and held several different positions in finance and operations, strategic alliances and the international arena. Rainey also has previous experience in public accounting with BDO Seidman and Ernst and Young.

“INTTRA’s growth over the past eight years can be attributed to its innovative product line, dedicated senior management team and strategic growth initiatives,” said Rainey. “I look forward to helping continue these trends by developing corporate strategies that will foster INTTRA’s growth for years to come.”

Rainey is a Certified Public Accountant and received a Bachelor of Science and a Masters in Business from Fordham University.

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