DENSO International America, Inc. Signs Global Trade Managed Services Agreement with Vastera

    DULLES, Va.--June 18, 2002--Vastera, Inc. , the leading provider of solutions for Global Trade Management (GTM), today announced that DENSO International America, Inc., the North American headquarters for Japan-based DENSO Corporation has signed an agreement with Vastera to manage aspects of its global trade operations.
    "We are excited to add another blue chip company like DENSO to our expanding list of automotive clients," said Mark Ferrer, president and CEO of Vastera. "Through our managed services platform, we expect to drive significant efficiency improvements within DENSO's global trade operations."
    DENSO, a leading global supplier of advanced technology, systems and components for the automotive industry, serves all the world's major automakers. The North American DENSO group imports components into North America from all over the world, for assembly into its systems, and for re-sale to its customers.
    "DENSO's ability to comply with trade regulations (i.e., accurate product classification, complete documentation, correct duty rates, timely shipment information, etc.)," said Michael Kummer, director of Finance at DENSO International America, "is critical to faster and more predictable Customs clearance times and necessary to support its customer's just-in-time manufacturing operations."
    The Customs Trade Partnership Against Terrorism (C-TPAT) program, recently introduced by U.S. Customs, is yet another reason for companies to improve the efficiency of their global trade operations. Under C-TPAT, those companies that comply with the program's guidelines will be granted the `fast track' through U.S. Customs, according to Customs Commissioner Robert Bonner, while shipments from companies that do not comply with the program's guidelines will be subjected to greater scrutiny.

    About Vastera

    Vastera is the leading provider of solutions for Global Trade Management. Its solutions including software, trade management consulting and managed services, are designed to streamline global business. The foundation of these solutions is Global eContent, a comprehensive, rules-based application of country-specific trade and regulatory content, which is 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 operational costs. Vastera clients include: Ford, Visteon, Alcatel, Dell, Fonterra and Nortel Networks. For more information, please visit www.vastera.com.

    About DENSO

    DENSO Corporation, a leading global automotive supplier of advanced technology, systems and components, employs 87,000 people in 30 countries. Global consolidated sales for the fiscal year ended March 31, 2002 totaled $18.1 billion. In North America, DENSO employs 14,000 people at 23 locations.
    Consolidated sales for the Americas (North America, Central America and South America) totaled $4.8 billion for the fiscal year ended March 31. 2002. DENSO common stock is traded on the Tokyo, Osaka and Nagoya stock exchanges in Japan. For more information, see www.globaldenso.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.