PIERS Reports a Tenfold Increase in China Sales

PIERS Reports a Tenfold Increase in China Sales

October 06, 2006

    NEWARK, N.J., Oct. 6 /Xinhua-PRNewswire/ -- PIERS
Global Intelligence Solutions, a leading provider of
accurate, current data on international maritime trade,
reported that its September 30 year-end sales figures for
the Asia-Pacific Region indicate substantial gains over the
preceding 2004-05 fiscal year, including most notably a
tenfold increase in China alone.

    "We are extremely gratified by these
results," says PIERS president Brendan McCahill.
"The detailed import-export trade information PIERS
provides is still relatively new to the Asia-Pacific
business market. However, we have found that Asian
commercial enterprises, maritime interests and trade
promotion associations have been quick to see the value in
having the very latest and highest quality data on who is
buying and selling transpacific cargoes."

    A key factor in PIERS success has been its strategic
Asia-Pacific alliances. "Especially crucial have been
our recent agreements with Chinese agencies to market and
sell our U.S. import-export trade data and commercial
intelligence products," remarks Richard Hanft, who, as
director of PIERS Asia-Pacific, was a lead negotiator in
establishing these business partnerships. 

    "For example, PIERS has been working with COL --
China Online International, Inc.," Hanft says.
"PIERS has also been collaborating with East Port
Technology Co., Ltd., to develop and market new information
products based on the trade data generated by the China
E-Port electronic portals to PRC customs, banking and other
economic authorities."

    Hanft also notes that the PIERS network of authorized
sales representatives has been instrumental in expanding
the trade-data company's customer base to include many of
the Asia-Pacific region's fast-growing port authorities,
NVOCCs, freight forwarders, and manufacturers.

    "Asia is the engine of global economic growth
today," says PIERS president McCahill. "We're
proud that PIERS has been able to be of service to the
companies and agencies that are driving this engine."

    About PIERS and Commonwealth Business Media:
    A Division of Commonwealth Business Media, Inc., PIERS
was launched by The Journal of Commerce over 30 years ago
as its first venture in electronic information. PIERS is
the primary source of U.S. waterborne import-export trade
data and a leading provider of global trade intelligence
solutions. For more information about PIERS, visit its Web
site at www.piers.com. For information about PIERS
Asia-Pacific, go to www.piers.hk .

    Commonwealth Business Media, Inc., a subsidiary of
United Business Media plc, is the leading information
provider to the global trade and transportation market with
comprehensive proprietary data, news and analytical content.
Including PIERS Global Intelligence Solutions, its other
leading brands include The Journal of Commerce, BACK
Aviation Solutions and a number of directory databases
covering the international trade, railroad and trucking
markets. Commonwealth is headquartered in East Windsor, New
Jersey, with offices in Newark, San Francisco, New Haven,
Long Beach, Atlanta, Montreal, Toronto, Washington, DC,
Miami, Ft. Lauderdale, Tampa, Hong Kong and London. For
more information on Commonwealth Business Media, Inc. and
the products they offer, visit www.cbizmedia.com or call
800-221-5488.

    For a list of Asia-Pacific Authorized Resellers, please
visit http://www.piers.com/about/authorizedresellers/

    CONTACT:  

     Lisa Wallerstein, 
     PIERS Global Trade Intelligence, 
     Tel:   [phone], 
     Email: [e-mail]

SOURCE  Commonwealth Business Media, Inc.