Trade Service Announces Business Alliance with Prelude Systems, Inc.
 

SAN DIEGO - November 21, 2002 - Trade Service, the leading provider of content management solutions for the electrical, plumbing/PVF, HVACR, and industrial MRO industries, announced today that it has executed a signed partnership agreement with Prelude Systems, Inc., the leading provider of distribution-centric business systems. The two companies have recently merged their core strengths in content and business-to-business applications to help these distributors fully leverage their back office systems and the Internet to achieve the benefits of electronic data management and B2B e-commerce.

"Trade Service and Prelude are strategically aligned to create better value for electrical, plumbing/PVF, HVACR, and industrial MRO distributors through our content and software offerings," said Tony Dubreville, President and CEO of Trade Service. "Prelude's extensive product portfolio, leveraged with Trade Service's industry leading content solutions, will optimize supply chain communications that can significantly increase our customers' profit margins."

In accordance with their agreement, Trade Service will integrate their content delivery and e-commerce enabling solutions, with Prelude's various automation and web-enabling systems. This will allow both companies to deliver to their mutual customer base high quality content to streamline product file management as well as expand their e-commerce opportunities by enabling buyers to locate products online quickly and easily.

"By combining the distribution software expertise of Prelude and the content database expertise of Trade Service, we can better accommodate our customers' increasingly complex and unique business requirements," said Don Webb, President. "We are excited about the prospect of driving significant time and cost savings to our customers that this new partnership provides."

About Prelude Systems

Prelude Systems, Inc. is a leading high-technology provider of customer-centric enterprise solutions for customer service, integrated customer relationship management, asset management, and e-commerce for high volume industrial distributors. Prelude's mission is to help distributors maximize efficiency, quality, and competitive advantagethrough the use of advanced information systems technology. Prelude is a Premier IBM Business Partner.

Prelude Systems employs extremely flexible IBM multidimensional database technology. This permits Prelude to accommodate distributors' unique requirements while maintaining upgrade compatibility with new software releases containing best practices and emerging technologies. As a result, Prelude has been able to upgrade customers throughout its 22-year history without charging application upgrade license fees to its existing customer. For more information on Prelude Systems, browse their website at www.prelude.com or contact Michele Cobb at 1-800-922-0099. 

About Trade Service
Trade Service Corporation is the leading provider of standardized product and price information to the electrical, plumbing/PVF, HVACR, industrial MRO, and office products industries. Since 1931, the company has been the leader in content acquisition, aggregation, management, publishing, and distribution, offering a variety of products, services, and systems to meet the content needs of over 20,000 distributors, contractors, government agencies and “buy side” Fortune 1000 subscribers. The range of solutions provided includes printed directories, electronic catalogs, pricing data for business system updating, and robust attributed content to fuel full-functioning Internet storefronts. For more information, visit www.tradeservice.com.

 
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