ROCKVILLE, MD - September 23, 2004 - NextLinx Corporation today announced that Amazon will utilize its real-time global trade content to help determine landed costs and classify products for shipment to more than 40 countries. Amazon will use the cost-effective NextLinx solution to help provide customers in more than 40 countries with information about the full cost of their orders, including country-specific duties, taxes, tariffs and licenses, at the time of checkout. Amazon currently ships to more than 200 countries.
"We chose the NextLinx global trade technology solution because it allows us to offer customers in more countries the best possible experience," said Michael McKenna, Amazon Vice President for Worldwide Transportation. "We look forward to using NextLinx to help grow our business internationally through these services.">
"We are excited to work with the world pioneer in e-tailing and to provide its customers with real-time information that will help make their shopping experience even more convenient," said Rajiv Uppal, founder, president, CEO, NextLinx Corporation. "To achieve this, we will be leveraging our content and technology to make this integration cost-effective, accurate, and efficient for Amazon`s purposes.">
Under the terms of the agreement, NextLinx will provide duties, taxes and classification services, check for export and import controls for all products being shipped to or from any country in accordance with regulations set forth by customs and other regulatory authorities, and screen all Amazon shipments against multiple government-issued lists of restricted parties.
NextLinx Corporation is the leading provider of global trade management solutions. NextLinx software and Web services solutions combine global trade business rules and country-specific trade data, consisting of denied party lists, landed cost components, import and export controls, and customs duties and documentation for over 120 countries, to help companies reduce the risks and costs associated with importing and exporting goods across international borders. NextLinx prestigious list of customers include: Boeing, FedEx, UPS, ABN AMRO, Cisco Systems, 3Com, Fairchild Semiconductor, Rockwell Automation, Sotheby`s, Panasonic and VF Corporation. For additional information, please visit us at www.nextlinx.com.
Amazon Forward-looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management`s expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com`s financial results is included in Amazon.com`s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.
Annika Olsen, Marketing Manager