Company Overview
Cyber Merchants Exchange (“C-Me” or the “Company”) is an international electronic trading and logistics company that is initially targeting the apparel industry.  The following are four interlocking services make the company unique:  1) ASAP Global Sourcing Show – a trade show for U.S. buyers to meet hundreds of ready-made garment exhibitors under one roof - held twice a year in Las Vegas. 2) C-Me builds private extranets, or Internet Sourcing Networks (“ISN”), for its retail partners.  The ISN matches and pushes merchandise to the appropriate buyers computer desktop. 3) C-Me’s Global Financial Platform (“GFP”: Patent Pending) allows U.S. buyers to purchase overseas merchandise without the need of issuing a Letter of Credit (“L/C”). 4) Logistics, warehouse, shipping, and billing service for the overseas manufacturers.  The company presently has representatives located in 25 countries throughout Asia, Africa, and the Middle East to facilitate international transactions.

Services

ASAP Global Sourcing Trade Show
The world economic marketplace has dramatically changed in the past few years due to the unsafe environment for travel.  This is expected to continue as trade barriers and deregulations are lifted.  U.S. buyers immediately recognized the ASAP Show as an invaluable resource to locate overseas manufacturers without having to travel outside the US.  Currently the ASAP Show is the World’s Largest Garment & Textile Sourcing Show held twice yearly in Las Vegas.

Internet Sourcing Network
The cornerstone of the Company’s services is its proprietary Internet Sourcing Network – private extranets built and maintained by the Company according to each retail partner’s specifications.  These turnkey systems automate the front-end merchandise sourcing activities of retailers at no cost, and provide retailers with tremendous time and cost savings.  The solution the ISN’s create is simple:  ISN’s enable retailers and overseas manufacturers to conduct business privately, using any Internet connection without investing in expensive hardware, software or training. 

After subscribing to a retailer’s ISN, overseas manufacturers of any size can get instant feedback about purchasing needs and decisions.  The overseas manufacturer can then change its strategies to meet these needs by updating its product line – all over the same Internet connection.  Overseas manufacturers also receive a broadcast “open-to buy” which is very important to these same manufacturers that pay a monthly subscription fee to display their products on the ISN’s.

Global Financial Platform
C-Me’s Global Financial Platform (“GFP”; patent pending) eliminates the need for letters of credit by allowing overseas manufacturers to ship merchandise to pre-approved buyers in the United States.  Letters of credit have historically been the predominant means of payment for international trading.

C-Me pioneered this process by establishing the first tri-party agreement with The CIT Group and Bank SinoPac in Taiwan. Overseas manufacturers, buyers, international banks and CIT are linked to C-Me's Global Financial Platform. Through this arrangement, each of the tri-party participants play an integral role. First, CIT guarantees the credit worthiness of the U.S. buyers. Secondly, Bank SinoPac provides working capital financing and acts as the conduit for foreign manufacturers to receive payment. Through C-Me’s GFP, U.S. buyers can purchase overseas merchandise just as they purchase domestic merchandise, with open terms and without the need to open Letters of Credit. Overseas manufacturers then ship merchandise to CIT pre-approved retailers without payment risk. Additionally, manufacturers can utilize the platform for advancing cash flow.

Logistics
C-Me’s receiving, shipping, warehousing, and logistics services can assist the overseas manufacturers by shipping U.S. buyer’s merchandise directly. This service is imperative to the success of overseas transactions with U.S. buyers.  C-Me has designated the company’s official freight-forwarding sponsor to be Pacific CMA (www.pacificcma.com, AMEX:PAM) – one of the largest freight forwarding companies in the world.

C-Me's Advantage
A majority of C-Me’s value lies in its intermediary abilities; specifically in its ability to create an information pipeline for the retail industry.  The retail industry is fragmented, with thousands of buyers and sellers connecting sporadically and inefficiently.  The Company believes its ASAP Show and its virtual pipeline can eliminate cost, redundancy, and system integration barriers now faced by retailers, and expedite the flow of usable product information to retailers from overseas manufacturers.  These manufacturers will use this low cost, low technology, high feedback communication system.  The Company’s management understands not only the individual retailer’s business but also the retail industry as a whole.  Management’s significant retail experience enables the Company to effectively create and implement services that precisely meet the needs of retailers and their overseas manufacturers.

Overseas Expansion
C-Me currently provides U.S. buyers with direct access to foreign manufacturers.  The Company will continue to leverage its 25 affiliate offices to aggressively market to these countries.  Also, C-Me will target other strong manufacturing regions in order to expand our exhibitor base. 

Additional Information
The Company was incorporated in July 1996 under the laws of the State of California as Worldwide Magic Net.  We changed our name in October 1998 to Cyber Merchants Exchange, Inc. and The ASAP Show was launched as a natural extension of the Company in February 2002.  Our corporate offices are located at 4349 Baldwin Avenue, Suite A, El Monte, California 91731. 

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