Vastera Helps Special Olympics Comply with PATRIOT Act; Vastera Donate

    Business Editors/Software Writers

    DULLES, Va.--(BUSINESS WIRE)--Jan. 18, 2005--Vastera, Inc. (Nasdaq:VAST), the worldwide leading provider of solutions for Global Trade Management (GTM), today announced that Special Olympics will use Vastera's TradeSphere Restricted Party Screening (RPS) software to ensure that the organization complies with the various federal laws regarding restricted party screening. Vastera will also make a no-charge contribution of its unique Trade Management Consulting expertise, which Special Olympics will leverage to assist in the identification and resolution of possible Restricted Party Screening matches.
    TradeSphere RPS can provide real-time screening of names against more than 40 international "denied party lists" and helps Special Olympics avoid non-compliance penalties and maintain an audit trail. This automated screening process saves staff from manually checking names against the ever-changing lists containing thousands of names and entities.
    "Per the PATRIOT Act, even charitable organizations such as Special Olympics are required to perform due diligence to the highest possible level when screening customers, partners or donors," said Tim Davenport, President and CEO, Vastera. "Vastera is pleased to offer our unique trade expertise as an in-kind contribution to automate the screening process. Special Olympics can focus on its mission of empowering individuals with intellectual disabilities."
    "We appreciate the generous donation and assistance from Vastera to ensure that the Special Olympics movement continues to adhere to federal laws," said Drake Turrentine, Chief Legal Officer for Special Olympics. "As our movement continues to grow throughout the world, Vastera's software will enable us to focus our efforts on our mission of providing sports training and competition to our athletes with confidence that we are in compliance with government screening requirements."

    About Special Olympics

    Special Olympics is an international organization that changes lives by promoting understanding, acceptance and inclusion among people with and without intellectual disabilities. Through year-round sports training and athletic competition and other related programming for more than 1 million children and adults with intellectual disabilities in more than 150 countries, Special Olympics has created a model community that celebrates people's diverse gifts. Founded in 1968 by Eunice Kennedy Shriver, Special Olympics provides people with intellectual disabilities continuing opportunities to realize their potential, develop physical fitness, demonstrate courage and experience joy and friendship. There is no cost to participate in Special Olympics.

    About Vastera

    Vastera is the worldwide leader in providing solutions for Global Trade Management (GTM). Utilizing Vastera's GTM solutions, clients realize significant reductions in costs to manage their global trade operations while improving compliance with government regulations and service levels to end customers. Vastera's GTM solutions include: TradeSphere (software), Trade Management Consulting (business process consulting), and Managed Services (business process outsourcing). As the only publicly traded company focused exclusively on global trade, Vastera is headquartered in Dulles, Virginia and has more than 650 professionals, in 14 countries. With over 400 clients throughout the world, many of the world's largest corporations utilize their GTM solutions. For more information, please visit www.vastera.com.

    This press release includes statements that 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 implement Vastera's expansion plans successfully, risks related to the Internet, risks related to legal uncertainty and other risks which are set forth in more detail in Vastera's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, as may be amended from time to time, as well as other reports and documents filed from time to time with the Securities and Exchange Commission.

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CONTACT: Vastera, Inc., Dulles John Murray, 703-661-9006 john.murray@vastera.com

KEYWORD: VIRGINIA DISTRICT OF COLUMBIA INDUSTRY KEYWORD: SPORTS SOFTWARE PRODUCT SOURCE: Vastera, Inc.

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