April 29, 2009

Panjiva and Sinosure create "Panjiva SinoScreen" -- New Tool Will Help Anxious Companies Quickly Assess Chinese Supply Chain Partners

New York/Beijing, April 29, 2009 -- Earlier today, Panjiva, the leading source of objective information on global manufacturers, and Sinosure, the leading provider of credit information on companies in China, announced an exclusive relationship to provide American companies with information that will help them mitigate the risks of doing business in China. According to terms of the deal, Panjiva will be the exclusive U.S. reseller of Sinosure's credit reports on Chinese manufacturers, and Sinosure will be Panjiva's exclusive provider of credit reports on Chinese manufacturers.

To help companies manage the risks they face in today's volatile global economy, Panjiva and Sinosure have unveiled Panjiva SinoScreen, a new solution designed to help U.S. companies quickly determine which of their Chinese manufacturers are at greatest risk. Leveraging various data sources, including U.S. customs data and credit information from Sinosure, Panjiva SinoScreen provides customers with an easy-to-interpret analysis of their Chinese supply chain.

At a time of macroeconomic uncertainty, the lack of supply chain transparency has heightened the risk of doing business with overseas partners. For a one-time cost, Panjiva SinoScreen will give U.S. companies immediate insight into the stability and viability of up to 20 Chinese manufacturers.

According to Panjiva CEO Josh Green, "Companies are acutely concerned with supply chain risk and are hungry for information that will shed light on the viability of their global manufacturers. When it comes to understanding the financial health of Chinese manufacturers, there is no better source for information than Sinosure."

Over the last few years, Panjiva has sought a source of trustworthy financial information on companies in China. Sinosure, as the only provider of export insurance to Chinese manufacturers, has spent years accumulating massive amounts of information on these companies' financial health. And, because Sinosure makes decisions based on their analysis of this information, they have pioneered a best-in-class approach to assessing financial health. Beginning immediately -- and until May 31st -- Panjiva SinoScreen is available for a one-time fee of $5,000. For more information, visit http://panjiva.com/sinoscreen

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

About Sinosure
SINOSURE, the China Export & Credit Insurance Corporation, was founded by the Chinese Government in December 2001 out of the merger of the export credit insurance departments of the People's Insurance Corporation of China (PICC) and China Export & Import Bank. SINOSURE is the only policy-oriented Chinese insurance company specializing in export credit insurance. With a strong governmental background, SINOSURE has an advantage compared to other credit service providers because it obtains access to unique information sources. SINOSURE leverages various information from the State Administration for Industry & Commerce, General Administration of China Customs, National Bureau of Statistics of China, Courts, Foreign Exchange Administrative Bureau, Industry Associations, Banks, Law firms and other related Governmental branches. In addition, SINOSURE's role as export insurance provider serves to ensure the quality of its services. With the most active and accurate information nationwide, SINOSURE's database of Chinese companies contains business information on more than 8 million Chinese enterprises, and continues to expand at a rapid pace. For more information on SINOSURE, visit http://www.sinosure.com.cn/sinosure/english/English.html

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