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Agistix and Berman, Blake Associates Partner to Deliver New Freight Bill Auditing and Payment Service

Agistix Freight Bill Auditing and Payment Simplifies and Automates Payment Process, Increases Visibility and Control and Reduces Transportation Costs


Redwood City, Ca. and Woodbury, NY , Ca.—March 24, 2008 Agistix, Inc., the leading provider of Logistics Management Automation (LMA) software, today announced a strategic partnership with Berman, Blake Associates, Inc. (BBA), leaders in the freight bill pre-audit, and carrier payment industry, to add freight bill auditing to the Agistix managed services portfolio. In addition, BBA will be offering the Agistix LMA platform to its customer base and incorporating it into their product offering. This will allow BBA customers to have the state of the art online visibility and execution benefits of the Agistix LMA platform.

Agistix Freight Bill Auditing and Payment is a comprehensive service that combines freight bill auditing, payment, reporting and invoice consolidation outsourced from BBA with Agistix’s award winning on-demand shipment processing solution, the Agistix Global LMA Platform. By combining BBA’s freight bill audit expertise and Agistix’s breadth and depth of transportation knowledge, companies can gain control of transportation invoice activity so important to the efficient operation of their global supply chains, while reducing transportation costs.

“Berman, Blake Associates, Inc. (BBA) is a recognized leader in the freight bill audit and carrier payment industry,” said David Fox, president and CEO of Agistix. “Our Freight Bill Auditing and Payment Service is a very practical, cost effective way to leverage the benefits of BBA’s world-class solutions, technologies, and subject matter expertise to further simplify and automate the payment process."

How Agistix Freight Bill Auditing and Payment Works
Agistix enhanced freight payment and audit service enables all of a customer’s freight bills to be audited in real time in the payment process. Any deviations from the customer set expectations and variance tolerances are automatically placed in a queue for the customer to approve. This state of the art online approval is easy to use and ensures that customers will only be paying for what they contracted. Once a week a consolidated invoice will be sent to the customer with the detail backup easily available through the web based freight reporting engine. Agistix receives one payment from the customer and then disperses the funds to all the carriers with the appropriate backup. Payment information is automatically loaded into the Agistix platform for advanced reporting and analysis on all actual freight charges. The enhanced payment system is able to pay bills in most currencies and has also been designed for international locations.

“Agistix is helping companies revolutionize their logistics operations,” said Harold Baldauf, President of BBA. “It enables companies to increase visibility and control costs of their inbound and outbound logistics at a low cost of ownership. We are delighted to combine our expertise with Agistix’s to offer new and enhanced services to Agistix’s customers and the Agistix LMA platform to our customers.”

About Berman, Blake Associates, Inc.
BBA has been recognized as one of the leaders in the freight bill pre-audit, carrier payment and information processing industry for more than 36 years. BBA audits, pays and reports on all modes of Domestic and International transportation transactions. In November 2005, BBA established a physical presence in the International markets, with an office located in Dublin, Ireland. BBA has also developed International relationships in the Pacific Rim, to compliment the heavy European Traffic, paying freight invoices in twelve (12) currencies. For more information about BBA, see the company's Web site at www.bermanblake.com

About Agistix
Agistix is the first vendor to deliver on a new vision for enterprise-class, global transportation solutions: Logistics Management Automation (LMA). Agistix LMA bridges the gap between optimized transportation plans and day-to-day global logistics activities that occur with any number of carriers across all modes of transportation. LMA enables companies to gain visibility and control of all of their shipments through a carrier-neutral, web-based system, which leverages a rules-based workflow engine to manage internal and external company shipment processes. By streamlining processes and information management associated with all shipping modes—as well as all shipping locales—Agistix reduces costs, increases efficiency and improves process compliance.

Agistix’s award-winning solutions are designed by industry veterans to focus on simplicity, practicality and scalability. These on-demand, as well as managed services, solutions are fast and easy to implement, providing Agistix customers with dramatically reduced training costs and rapid ROI.

For more information about Agistix, please visit www.agistix.com.

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Media Contact
Kickstart Consulting, for Agistix
Maria Krinsky

415-509-0498

John Siebert
Senior Vice President, BBA
516 714-0319 x3580