March 3, 2008 - Transcap Trade Finance LLC today announced it has joined the exclusive Fashion Services Network. The Fashion Service Network, who's mission is to assist fashion companies seeking to expand, strengthen, and energize their businesses, includes a small but prestigious group of companies in areas such as strategic consulting, distribution, executive search, and purchase order and trade finance. "We are excited to be joining this great organization," said Paul Schuldiner, Transcap's National Business Development Director. "We look forward to working closely with other members to help support the growth of businesses within the fashion industry."

With over 17 years in business, Transcap provides short-term funding to its customers, supplementing conventional financing from their traditional lenders. Transcap's expertise encompasses high-level finance structuring, importation strategies, Letters of Credit, and international trade. The Company has extensive operations dedicated to the overall monitoring of transactions and significant experience within the fashion industry. "We have the creative, problem-solving capabilities needed to provide quick and flexible financing to apparel and accessory businesses," adds Schuldiner.

For more information about Transcap Trade Finance, please contact Paul Schuldiner at paul.d.schuldiner@wellsfargo.com or (646) 728-3250. For more information about the Fashion Service Network please visit www.fashionservicenetwork.com or contact Abe Beyda at (212) 842-7012.