AutoAlliance International, Inc. Joins list of Vastera Managed Services Clients

    DULLES, Va.--March 13, 2000--Vastera, , the leading provider of solutions for Global Trade Management, today announced that AutoAlliance International, Inc. (AAI), the Michigan-based manufacturer of Mazda and Mercury automobiles, has signed an agreement to have Vastera manage its global trade operations.
    AAI, headquartered in Flat Rock, Michigan, was founded in 1984 as the U.S. based manufacturer of Mazda automobiles. The company employs nearly 2,000 persons and manufactures Mazda 626 and Mercury Cougar automobiles. It imports parts from over 12 countries around the world for assembly in its just-in-time facility and controls over 1,400 distinct foreign parts in its foreign-trade zone operation.
    Quality, speed and efficiency are critical to the success of AAI. By leveraging Vastera's managed services staff and TradeSphere software solutions, AAI expects to further reduce costs and improve efficiencies.
    Under the terms of the agreement, Vastera will assume management of AAI's import and foreign-trade zone operations including classification, valuation, duty minimization, documentation, electronic entry filing, import liquidation, and preferential trade program management.
    "We're a lean manufacturer that relies on innovation to stay profitable," said Gail Sherard, General Manager of Corporate and Strategic Planning at AAI. "Our highly automated facility represents that commitment and our relationship with Vastera will help to further reduce costs of our global trade operations."
    "When a just-in-time manufacturer asks you to manage a critical component of their supply chain, you know you're doing something right," said Mark Ferrer, COO of Vastera. "We not only believe we can reduce AutoAlliance's cycle times, but we think we can save them more money in the process by better leveraging preferential duty programs."

    About Vastera

    Vastera is the leading provider of solutions for global trade management. Its solutions including modular, web-native applications, trade management consulting and managed services, are designed to streamline the trade functions of global business.
    The foundation of these solutions is Global eContent, a comprehensive, rules-based application of country-specific trade and regulatory data, which is maintained and updated daily.
    Vastera's solutions drive quick, tangible benefits for its clients by accelerating the flow of goods through the global supply chain, and reducing the associated labor costs, third party logistics fees, inventory carrying costs, and duties.
    Vastera clients include: Ford, Alcatel, Dell, Microsoft, Sun, New Zealand Dairy Board, Lucent Technologies and Nortel Networks. For more information, please visit www.vastera.com.

    This press release includes statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this press release that are not strictly historical are "forward looking" statements which are subject to the many risks and uncertainties that exist in Vastera's operations and business environment.
    These risks and uncertainties may cause actual results to differ materially from the expected results and include, but are not limited to, Vastera's limited operating history, history of losses and anticipation of continued losses, potential volatility of quarterly operating results, the ability to successfully implement Vastera's expansion plans, risks related to the Internet, risks related to legal uncertainty and other risks which are set forth in more detail in Vastera's Registration Statement on Form S-1, as amended, as well as other reports and documents filed from time to time with the Securities and Exchange Commission.