New Analysis from Panjiva Confirms Global Suppliers Reeling from Economic Downturn

Decline in Shipments across Industries Paints Bleak Picture for 2009

Expands Panjiva Alerts and Panjiva Search Tools to Help Manage Global Supply Chain Risk

New York, Feb. 4, 2009 – Panjiva, an objective information source on global suppliers, today released a startling analysis that highlights the dramatic impact of the economic downturn on global suppliers.  Panjiva’s analysis, which looks at supplier shipping data from Q4 2007 and Q4 2008 across all industries, reveals alarming trends, including:

• 13% decline in the number of global suppliers shipping to the U.S. since October 2007
• 12% of suppliers suffered a 50% decline in volume versus the same quarter a year ago
• 5% decline in suppliers shipping to the U.S., just from November to December of 2008

According to Panjiva CEO Josh Green, “These numbers, while not surprising given the economic climate, provide a glimpse into the challenges global suppliers will face in the first half of 2009.  Now, with holiday shipments behind us, we expect to see a significant drop off in the total number of shipments to the U.S. and the number of global suppliers shuttering their operations.  As a result, companies must work to drive risk out of their global supply chains by identifying suppliers who are flailing and creating alternative sourcing strategies.”

To help organizations manage this risk, today Panjiva launched its new, more comprehensive suite of alert and search capabilities.  Now, companies can tap Panjiva Alerts and Panjiva Search to flag suppliers at risk of going under and identify new healthy suppliers of goods and materials across a wide-range of industries.  To learn more about Panjiva Alerts and Panjiva Search, visit http://panjiva.com.

About Panjiva’s Methodology
Panjiva’s patent-pending technologies were developed under the leadership of Panjiva Co-Founder and CTO James Psota, a computer scientist from MIT.  The technologies enable Panjiva to process huge amounts of data, cleanly and quickly.

To assess aggregate risk in the global supply chain, Panjiva analyzes waterborne shipments to U.S. customers, tracking how many unique suppliers serve the American market each month.  For each supplier, Panjiva tracks changes in volume over time.  The results of Panjiva’s analysis will be released on a monthly basis.

About Panjiva
Panjiva is an online resource for sourcing executives to gain credible and valuable knowledge about suppliers and manufacturers around the world.  By providing the most comprehensive data in an easy to use format, Panjiva informs the decisions that facilitate doing business globally.  Supply chain and global production executives responsible for finding the right factories, negotiating costs and avoiding costly supply chain disruptions have been “flying blind.”   Panjiva is the first and only online information source designed to provide complete transparency into overseas suppliers.  Leveraging a variety of public and proprietary data sources, Panjiva is bringing new levels of visibility to the management of global supply chains.  Panjiva was founded by CEO Josh Green and CTO James Psota.  Earlier this year, Panjiva received an equity investment from Battery Ventures and a contingent of angel investors that included Larry Summers, the former United States Treasury Secretary and now director of the National Economic Council.