Panjiva Analysis of Global Trade Data in April Provides Reason for Optimism

NEW YORK, NY, Jun 01 (MARKET WIRE) --
Today, Panjiva, the leading source of objective information on global
manufacturers, released its analysis of April shipments to the United
States. In parallel with the recent consumer confidence report, the
analysis provides reason for optimism about the trajectory of the global
economy. Specifically, Panjiva found that the number of manufacturers
shipping to American customers increased for the 2nd month in a row.

-- After four months of free fall in the number of manufacturers shipping
to American customers, there were increases from February to March (~2%),
and again from March to April (~8%)

While some may interpret this data as a welcome sign that the global
manufacturing economy has hit bottom and is rebounding, analysis of
historical trends and additional shipment data points to a need for
continued caution as significant risk still exists.

-- Though the March-April increase surpassed last year's March-April
increase, data released by Chinese authorities suggest that, on a
seasonally adjusted basis, April was worse than March for the world's
largest exporting economy

-- Risk for those engaged in global trade remains high: the percentage of
significant manufacturers on the Panjiva Watch List edged up from 30% in
March to 31% in April

-- Similarly, the percentage of significant buyers having done business
with a Panjiva Watch List supplier in the preceding three months edged up
from 40% in March to 41% in April

According to Panjiva CEO Josh Green, "In any other year, the March to
April improvement would appear modest, but 2009 is unique. Frankly, we
expected to see far worse numbers -- and yet these numbers suggest we may
have already hit bottom. Unfortunately, there is still substantial risk
facing those engaged in global trade, and the global trading system
remains vulnerable to further shocks."

About Panjiva's Methodology

Panjiva's patent-pending technologies were developed under the leadership
of Panjiva Co-Founder and CTO James Psota, a computer scientist from MIT.
The technologies enable Panjiva to process huge amounts of data, cleanly
and quickly.

To assess aggregate risk in the global supply chain, Panjiva analyzes
waterborne shipments to U.S. customers, tracking manufacturers that are
serving the American market. For each manufacturer, Panjiva tracks changes
in volume over time. The results of Panjiva's analysis are released on a
monthly basis.

Manufacturers that have suffered a 50% or greater decline in volume
shipped to American customers in the most recent three month period,
versus the same period a year ago, are on the Panjiva Watch List.

"Significant manufacturers" are companies that have sent 10 or more
shipments to American customers within the last year.

"Significant buyers" are companies that have received 10 or more shipments
from overseas manufacturers within the last year.

About Panjiva

Panjiva is an online resource for sourcing executives to gain credible and
valuable knowledge about suppliers and manufacturers around the world. By
providing the most comprehensive data in an easy to use format, Panjiva
informs the decisions that facilitate doing business globally. Supply
chain and global production executives responsible for finding the right
factories, negotiating costs and avoiding costly supply chain disruptions
have been "flying blind." Panjiva is the first and only online information
source designed to provide complete transparency into overseas suppliers.
Leveraging a variety of public and proprietary data sources, Panjiva is
bringing new levels of visibility to the management of global supply
chains. Panjiva was founded by CEO Josh Green and CTO James Psota.
Panjiva received an equity investment from Battery Ventures and a
contingent of angel investors. For additional information, visit:
http://panjiva.com

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Media Contacts:
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Version 2.0 Communications
617.426.2222
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Jean Serra
Version 2.0 Communications
617.426.2222
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