Fast boat to China
Journal of Commerce

Monday, May 19, 2008

By: ALAN M. FIELD



Nearly every manufacturer or retailer wants to take advantage of China's mind-boggling collection of 300,000 low-cost manufacturers. But how can smaller U.S. importers choose the right suppliers, negotiate the right terms for a contract, manage global trade compliance for their shipments, and monitor the effectiveness of the supply chain that delivers their imports to the U.S.? Even with the help of third-party logistics providers, large multinationals with personnel and technology often make missteps.



So what's a small importer to do? Enter B2X Corp., a Jersey City, N.J., company that just launched a turnkey service for small importers whether they are wholesalers, retailers or online merchants. B2X handles the entire process, including manufacturing and quality control, safety inspection and regulatory fees. B2X's fee covers those costs in one package that usually includes transportation and logistics fees. B2X becomes the importer of record - the legal owner of the import shipment until it reaches the U.S. manufacturer or retailer who ordered it.



To use this new service, U.S. importers can either choose a generic product from B2X's online catalog or request B2X to arrange for a Chinese contract manufacturer to meet specific specifications not in the catalog, such as an ice cream freezer with an unusual configuration or clothing with a brand label. The importer uses an online customization tool, submitting his specs in PDF format along with special notes where necessary. 'Our secret sauce is our electronic platform, which facilitates customization requests,' said Joe Sorisi, chief executive of B2X.



B2X then forwards the requirements to contract manufacturers in China who can meet those needs. B2X negotiates a price quote with one or more Chinese manufacturers, and provides a sample product and negotiable quote for the importer. 'If you want customized products, all you need is the technical specs of your toy or garment,' Sorisi said. 'You concentrate on the design and the marketing; we do everything else. Without us, small companies don't have the buying scale or know-how they need. We help them put their 15 percent margin back on the shelf.'



How can B2X do all that? Thanks to a five-year exclusive contract with the Chinese government, B2X maintains relationships with about 700 Chinese manufacturers in such sectors as apparel, appliances, consumer electronics, home and garden, and toys. It also has a database of thousands of Chinese factories that B2X can contact. For example, B2X already handles the contract manufacturing for eight Chinese-made toy products such as Pterodactyl, a soft plush dinosaur.



B2X's quote usually includes transportation, and the company tracks the product from one end of the supply chain to the other, in partnership with such 3PLs as DHL Logistics and Kuehne & Nagel. Those U.S. importers who prefer to maintain their traditional relationships with transportation and logistics providers can arrange for B2X to deliver their Chinese-made product f.o.b. to a port in China. From that point on, the U.S. importer becomes responsible for transportation costs. In some cases, an importer may save money with such an arrangement, Sorisi said.



Sorisi said his new service has received a warm welcome from small importers who want to avoid many of the headaches of the import process. Without this kind of service, he said, small companies either can find an agent, who charges 6 to 7 percent of the value of the shipment for its services, or they can do it all themselves. The problem with that, he said, is, 'There are about 14 steps in the process, and you have to know every step.'



Victor de Silva, vice president of imports at Kandy Kiss, an apparel importer that sells to Target, Sears and other retailers, has been using B2X to facilitate its financing of trade deals in Asia for about a year. Before B2X launched its new turnkey service, Kandy Kiss researched and developed its own relationships with contractors worldwide.



He said B2X 'turned out to be a pretty good experience because they made it easier for us to do business.' He said California-based Kandy Kiss may sign up for B2X's new service because it could help Kandy Kiss establish strong relationships with Chinese contract manufacturers who are not as developed and sophisticated, and who operate below the radar screen.

B2X Trading Platform Streamlines China Supply Chains for Smaller Companies

ByDan Berthiaume

2008-02-22

Users can cut some of the red tape and trouble by browsing product costs, specs, keywords and quotes.

NEW YORK - Global importer B2X is targeting small-to-mid-sized retail enterprises with a new online trading platform designed to streamline the process of sourcing products from China. The platform was announced Feb. 17 at the 2008 Toy Fair in New York.

“Sourcing from China is a paper-intensive, heavily regulated process,” said Joe Sorisi, CEO of B2X. “A lot of individuals and companies need to get involved, and small-to-mid-sized players sacrifice margin to get product through a robust supply chain.”

Sorisi said that using a platform including technologies from SAP and Oracle, as well as a front-end IBM WebSphere Commerce portal, B2X can enable buyers to see thousands of Chinese products in an online database and then create fully landed cost quotes.

“This makes it easier for small-to-mid-sized retailers to take advantage of soft sourcing opportunities in China,” said Sorisi. “The trading platform gives information and allows buyers to browse product costs and keywords, access product specifications, get quotes for multiple product lines and save those quotes for 30 days.”

Sorisi said that the platform also features a patented design lab service that allows buyers to make their own product modifications, submit them to the B2X procurement group and obtain quotes. In addition, he said a patented international importing trading matrix informs buyers of what size container their order will ship in, depending on order size.

B2X serves as wholesaler of record for transactions conducted on its platform, according to Sorisi, and negotiates with buyers for the Chinese manufacturers it represents. The company has access to approximately 10,000 base products from thousands of Chinese factories, he said.

“We want to put tools back on the table for mom-and-pops to compete,” said Sorisi.

Bryan Jensen, vice president of business development for supply chain engineering and consulting firm St. Onge Company, analyzed the benefits that U.S. toy retailers could obtain from the B2X platform as an example of its functionality.

“Sourcing from China poses the classic risk of time-to-market to toy retailers,” said Jensen. “It causes a generally greater amount of inventory. You can’t not source from China and be competitive [as a toy retailer].”

Jensen said that toy retailers also face a huge demand peak in the fourth quarter, while manufacturers keep their production flat.

“You must buy early and forward and guess right,” he said. “You don’t want to overcommit too early and [also] don’t want to be shut out of hot toys and disappoint your customers.”

While large toy retailers have built proprietary systems to source from China, where the U.S. toy industry obtains more than 99 percent of its product, Jensen said that smaller retailers, in particular online niche players who sell collectible items, could benefit from the type of service B2X offers.

“It provides connectivity to a necessary overseas source,” he said.

Key technologies used in the B2X technology platform include an IBM Websphere-based online transaction portal, a custom IBM-powered order management system, an SAP financial system, EC Vision and ERP system support for supply chain management, a custom-designed product management and classification system, an Oracle 10g, 2 node RAC database application, and a Tridion Web content management solution, all running on a Linux OS.

B2X.com eSourcing™ Technology Creates New Worldwide Goods and Services Exchange

B2X applies technology from IBM, SAP and Oracle to simplify the risks of sourcing, manufacturing, and logistical tasks to manage sourcing and procurement from China.

JERSEY CITY, NJ – (April 30^th, 2008) –Worldwide Goods and Services Exchange, B2X Corporation, today announced it has assembled an unprecedented team of blue-chip technology suppliers, supported by its own patent-pending software, to create the world’s leading online global sourcing and transaction trading platform. The unique combination of e-commerce technologies is expected to redefine the ability of growing U.S. retailers to purchase overseas products directly, with a new alternative that can result in reduced risk with higher margins to retailers.

B2X’s secure, scalable and tested platform is the result of two years of intense development work by executives and technologists with long experience in overseas trade. “Our goal was to assemble a diverse team of industry professionals experienced in all key business aspects of international trade including order management, sourcing, production, quality assurance, customs and regulatory compliance, logistics and freight forwarding,” said Joseph A. Sorisi, Chief Executive Officer of B2X Corporation and a veteran chief technical officer. “This was the foundation of developing our business processes, e-commerce trading platform and business services.”

B2X’s new online Goods and Services Exchange at www.b2x.com removes virtually all the risk in successfully manufacturing and importing quality goods from China. Through one all-inclusive price that covers manufacturing costs, quality assurance testing, import and export regulatory fees, tariffs, insurance, freight forwarding and warehousing, B2X assumes trading responsibilities on behalf of retailers and wholesalers as their primary Importer-of- Record.

Best-in-Class Technology

The B2X.com technology architecture includes among the best e-commerce, accounting, ERP and processing systems available today. Partners, applications and hardware include:

·e-Commerce Trading Platform—IBM WebSphere^®Commerce Enterprise V6, Portable Enable V6 and Sales Center

·Enterprise Resource Planning (ERP)—SAP’s Business One

·Web Content Management (WCM)—Tridion Web Content Management

·Database—Oracle 10g Real Application Cluster (RAC) Architecture, including DATAGUARD data protection/replication, RAC instance high availability and ASM storage virtualization

·Storage—EMC Storage Area Network (SAN)

·Virtualization—VM-Ware

·Operating System—Red Hat Enterprise Linux

Unique Features

B2X’s Worldwide Goods and Services Exchange platform features a fully integrated order management system as well as a product management and classification system that follows GPC standards. It also offers a number of unique features that simplify and expedite the trading process, from the ability to register at no cost via a personalized online business card to an easy-to-use product and category browser.

Clients can customize any product from the online catalog using the site’s exclusive “Design Lab” and then submit their specifications for a quote online. All submissions, whether custom or off-the-shelf, generate a free, fully landed quote covering all costs from manufacturing to delivery. Buyers can speak to a B2X Product Fulfillment Agent by toll-free phone or live online chat.

Quality Assurance, Shipping

The benefits to growing SME’s and retailers using B2X.com are not limited to the technology platform itself. B2X has partnered with Intertek, a leading international provider of quality and safety services, to help assure imported products and factories bear the appropriate safety certifications as required by regulatory agencies.

To facilitate efficient movement of cargo from foreign ports to U.S. addresses, B2X has retained DHL Global Forwarding, the global market leader of the international express and logistics industry. DHL Global Forwarding will serve as B2X’s initial custom house broker in order to clear goods from Asia and Europe through U.S. Customs.

B2X.com offers full details on the company’s Worldwide Goods and Services Exchange, as well as its diverse lineup of products and services. To learn more, visit www.b2x.com or call the Company’s product fulfillment team at 1-877-4B2X-USA (1-877-422-9872).

About B2X Corporation

Headquartered in Jersey City, New Jersey, B2X is the Worldwide Goods and Services Exchange with an all inclusive online technology platform. The mission of B2X isto establish the easiest, most efficient channel for companies around the world to exchange goods and services, by creating and perfecting the world’s most comprehensive online trading platform, designed and managed by experienced and knowledgeable professionals to provide a complete end-to-end sourcing and logistics transaction solution for importers and exporters. The B2X all-inclusive, delivered price includes manufacturing costs, quality assurance inspection, import and export regulatory fees, tariffs, insurance, and freight forwarding. With offices in the U.S. and China, B2X’s products conform to the highest standards of quality.

B2X Press Contact:

Lewis Chang
Vice President, Marketing

B2X Corporation
10 Exchange Place, 25th Floor
Jersey City, NJ 07302
+1 201 793 3083
lewis.chang@b2x.com

eSourcing™ is a service mark of B2X Corporation.

B2X.com – The Worldwide Goods and Services Exchange

Online Marketplace Seamlessly Handles Every Aspect of Import and Supply Chain Process, Enabling Growing Retailers to Source and Purchase Overseas Products at All-Inclusive Price

JERSEY CITY, NJ – (April 22^nd, 2008) –B2X Corporation is the world’s foremost product esourcing and transaction trading platform created especially for U.S. retailers. From the B2X.com Web site, retailers can now select and/or customize products with the confidence that they will be quoted an all-inclusive delivered price that covers all components of the transaction.

B2X improves the global import paradigm by taking on all or part of the risks in successfully manufacturing and importing quality goods from China and from other countries. The B2X all-inclusive, delivered price consists of manufacturing costs, quality assurance inspection, import and export regulatory fees, tariffs, insurance, and freight forwarding.

“For some time, the major retailers have monopolized the direct availability of foreign manufactured products. B2X is helping growing retailers put products on the shelf, dependably and at a competitive, reliable price,” said Joseph A. Sorisi, Chief Executive Officer of B2X Corporation. “Our unique process allows retailers to focus on what they do best, selling and marketing their products, while B2X does the rest.”

Until now, small-to-midsize retailers had two choices available for importing products into the United States in compliance with relevant import/export laws and regulations. They could: 1) manage and finance the process themselves, or 2) Use agents to manage and finance the process for them. Both alternatives have resulted in lower margins. By greatly simplifying the risks of sourcing, manufacturing and logistical tasks, B2X offers a new alternative that delivers higher margins to retailers.

B2X works directly with its retail customers throughout every step of the trading process. The company’s online trading platform allows buyers to browse products, access specifications, submit customizations, select shipping methodology and receive rapid fully-landed cost quotes for multiple product lines.

With thousands of products currently available and the opportunity for retailers to customize unique products, B2X offers one of the most comprehensive product selection and customization services available. Currently the company offers services from Apparel (including production of samples to full product lines) to Manufacturing hard goods and Appliances, Electronics, Home & Garden and Toys.

B2X.com offers full details on the company’s Worldwide Goods and Services Exchange, as well as its diverse lineup of products and services. To learn more, visitwww.b2x.comor call the Company’s product fulfillment team at 1-877-4B2X-USA (1-877-422-9872).

About B2X Corporation

Headquartered in Jersey City, New Jersey, B2X is the Worldwide Goods and Services Exchange with an all inclusive online technology platform. The mission of B2X isto establish the easiest, most efficient channel for companies around the world to exchange goods and services, by creating and perfecting the world’s most comprehensive online trading platform, designed and managed by experienced and knowledgeable professionals to provide a complete end-to-end sourcing and logistics transaction solution for importers and exporters. The B2X all-inclusive, delivered price includes manufacturing costs, quality assurance inspection, import and export regulatory fees, tariffs, insurance, and freight forwarding. With offices in the U.S. and China, B2X’s products conform to the highest standards of quality.

B2X Press Contact:

Lewis Chang
Vice President, Marketing


B2X Corporation
10 Exchange Place, 25th Floor
Jersey City, NJ 07302
+1 201 793 3083
lewis.chang@b2x.com 

B2X.com Helps Revolutionize Toy Product Importing

Exclusive B2X Toys from AOK featured online at b2x.com and Toy Fair

NEW YORK JAVITS CENTER, CENTRAL HALL / BOOTH 5452 February 17 through 20Global importing pioneer B2X Corporation today announced the debut of a new kind of service that removes virtually all the key concerns preventing small-to-midsized toy retailers from sourcing products directly from Chinese manufacturers.

B2X Corporation has a unique business model and is based in part on its relationships with the Chinese government and authorized agencies. B2X works directly with its retail clientele throughout every step of the trading process, from helping source trend-setting toys and differentiating products to paying licensing and customs fees—even to assuming title of shipped goods on behalf of the buyer.

B2X’s service, unveiled at the 2008 Toy Fair in New York, represents a powerful new option for toy retailers and others who purchase consumer toys in bulk container quantities. “Sourcing from China has become a necessity—but it also involves a substantial amount of risk,” said David Stephen, Vice President Toy Division for B2X Corporation. “B2X is focused on the SME market and has the platform, the process, and the people to meet their sourcing needs. We’re structured to remove risk—the reason more toy retailers don’t currently buy directly from Chinese manufacturers.”

Exclusive Trend Setting “Hot” Products on Display

During 2008 Toy Fair, B2X is showcasing a sampling of the hot new consumer toy products it is making available to retailers through its international trading channels. Among the products on display are an exclusive line of toys from AOK and the CyberBike, a new indoor video game console with pedals and game controllers that seamlessly work with leading video games to increase fun and fitness for kids.

To see these products or learn more about B2X online trading services, visit the company’s exhibit at Booth 5452 in the Central Hall of the Javits Center. Interested parties can also visit the B2X online trading platform at toys.b2x.com; reach the company’s sales team at (201)793-3060 or toys@b2x.com.

About B2X Corporation

B2X is an international trading company headquartered in Jersey City, New Jersey. Its mission is to simplify international trade with the world's most comprehensive global on-line import and export trading platform. B2X will lower risk and take the complexity out of international trade, delivering a standard of excellence and convenience unknown in today's business-to-business marketplace. With offices in the U.S. and China, B2X ensures its products conform to the highest standards. While current manufacturing focus is on China, B2X’s vision is to create a truly international trade platform allowing buyers and sellers from any country to access the B2X platform.

PRESS CONTACT:

Lewis Chang
Vice President, Marketing

B2X Corporation
10 Exchange Place, 25th Floor
Jersey City, NJ 07302
+1 201 793 3083
lewis.chang@b2x.com

B2X Makes Direct Trade Easier and More Portable For Small-to-Midsize Retailers by Simplifying Importing Process

LAS VEGAS, NV--(Business Wire)--Global trading expert B2X Corporation today announced it is previewing a select line of the year's most innovative consumer electronics products at the 2008 International Consumer Electronics Show (CES). The lineup serves as a glimpse of the market-moving items available through the Company's new global sourcing platform.

The B2X online services will virtually alleviate the key concerns that prevent small-to-mid sized home electronics retailers and distributors from sourcing products overseas. Unlike other online trading platforms, B2X works directly with its retail clientele, handling every step of the procurement process, from helping to source trend-setting and differentiating products, to managing delivery and logistics right to your doorstep.

The B2X service represents a powerful new option for CE retailers, home theater installers, hotels and others who purchase consumer electronics in bulk. 'Sourcing internationally has become a necessity--but it also involves a substantial amount of risk,' said Elliot Klein, Executive Vice President, Sales & Marketing for B2X Corporation. 'No other trading partner focused on the SMB market provides the platform, the process, and the service we do. Our mission is to remove risk--the primary reason more CE retailers don't currently buy directly from international manufacturers.'

Broad Resources B2X's combination of financial resources, business relationships, advanced trading systems and highly experienced CE industry personnel enable retailers to compete on a level playing field with major retailers and manufacturers. The Company's end-to-end trading solution includes:

Title Purchase - The buyer purchases product from B2X, instead of the manufacturer. Because B2X assumes ownership of shipped goods, transfer risk is eliminated.

Quality Assurance - B2X takes responsibility for hiring qualified independent inspectors to verify product quality at the factory before shipment.

Fee Handling - B2X provides fully-landed costs including any licensing, customs and other import fees for the buyer. No longer do retailers have to be import experts to purchase overseas, because B2X handles the red tape.

Best Price Negotiation - Utilizing our considerable experience and extensive relationships, B2X procurement agents and product managers identify the appropriate manufacturing resources to help obtain the best price and highest possible quality.

Industry Knowledge - The B2X consumer electronics staff boasts over 200 years of industry specific experience.

Trend-Setting Products on Display

B2X has established either full partnerships or similar working relationships with experienced CE companies like Klegg Electronics and PrimeView Display Solutions. At the Company's CES display, show Attendees can see samples of the new consumer electronics products B2X is making available from Klegg and other trading partners; among the products on display are a 19' all-in-one PC/TV with interactive wand remote, 47'-touchscreen PC/TV, and Network Direct Attached Storage (NDAS) media sharing units.

To see these products or learn more about B2X trading services, visit the Company's exhibit at Booth 7928 in the Central Hall of the Las Vegas Convention Center. Interested parties can also visit the B2X online trading platform at electronics.b2x.com, or call the company's sales team at 1-877-4B2X-USA.

About B2X Corporation

B2X is an international trading company headquartered in Jersey City, New Jersey. Its mission is to simplify international trade with the world's most comprehensive global on-line import and export trading platform. B2X lowers risk and takes the complexity out of international trade, delivering a standard of excellence and convenience unknown in today's business-to-business marketplace. The Company provides a seamless, secure, end-to-end platform that eliminates the heavily regulated and complex process of international import and export, enabling small, medium-sized and large enterprises to compete on an even level. Its all-inclusive platform covers the goods and fees such as customs duties, import/export tariffs, insurance costs, escrow fees, shipping and handling, warehousing costs, and inspection fees.

With offices in the U.S. and China, B2X ensures its products conform to the highest standards. While current manufacturing focus is on China, B2X is building a truly international trade platform allowing buyers and sellers from any country to access the B2X platform.

Press Contact

Lewis Chang
Vice President, Marketing

B2X Corporation
10 Exchange Place, 25th Floor
Jersey City, NJ 07302
+1 201 793 3083
lewis.chang@b2x.com

B2X Corporation Acquires Certain Assets of David Brooks and Marisa Christina from Hampshire Group, Limited

JERSEY CITY, N.J.--(BUSINESS WIRE)--B2X today announced that it has acquired the David Brooks trademarks and all associated inventory from Hampshire Group, Limited, the New York based men's and women's apparel company. B2X has also acquired the rights to the Marisa Christina trademarks in all countries other than Japan, where Hampshire has an active license through November 2009.

“We are delighted to have acquired certain assets of David Brooks and Marisa Christina. Such assets are a natural evolution for the company toward its goals of providing quality apparel products to buyers via our global trading platform. The David Brooks and Marisa Christina assets will be a valuable addition to B2X’s National Brands Division, offering more choices to our customers,” said Joseph A. Sorisi, Chief Executive Officer of B2X Corporation.

Mr. Sorisi also stated, “Strategically these purchases are intended to enhance and accelerate B2X apparel distribution by applying the new B2X technology trading platform. The B2X platform enables a technology solution for apparel sourcing and business trade processes, to provide enhanced customer satisfaction.”

About B2X Corporation

B2X is an international technology company with an all inclusive on-line platform headquartered in Jersey City, New Jersey. Its mission is to simplify international trade by developing a leading comprehensive global on-line import and export trading platform that enables small, medium-sized and large enterprises to compete on an even level. Its all-inclusive price covers the goods and fees such as customs duties, import/export tariffs, insurance costs, escrow fees, shipping and handling, warehousing costs, and inspection fees. With offices in the U.S. and China, B2X’s products are intended to conform to the highest standards. While current manufacturing focus is on China, B2X’s vision is to create a truly international trading platform allowing access to buyers and sellers from any country.

Lewis Chang
Vice President, Marketing

B2X Corporation
10 Exchange Place, 25th Floor
Jersey City, NJ 07302
+1 201 793 3083
lewis.chang@b2x.com

B2XCorporation Names Joseph A. Sorisi CEO of

Global Online Trade Company

20-Year Veteran Laid Groundwork for Innovative Global Commerce Platform

JERSEY CITY, N.J.--(BUSINESS WIRE)--B2X Corporation, the global importing company which has developed an online transactional platform to facilitate international trade, today announced the appointment of Joseph A. Sorisi as Chief Executive Officer of the company. Prior to being named CEO, Mr. Sorisi served as Chief Technology Officer of B2X Corporation.

In spring of 2006, Mr. Sorisi was approached by trade industry experts and visionary investors who shared the common goal of changing the global marketplace by creating a revolutionary online trading platform. The task at hand was formidable, and with Mr. Sorisi’s industry experience and knowledge, he began developing the business processes and systems that laid the ground work for the B2X global commerce platform. With his leadership, the idea of a global commerce platform became a reality in September of 2007. Since deployment of the global platform, Mr. Sorisi has been appointed to CEO of B2X Corporation, where his unique vision of blending technology, people, and process will lead the company to further success. Sorisi brings to the new position over 20 years of experience in technology management and strategic planning.

“We are delighted to have Joe step into the role of CEO for B2X Corporation, a natural evolution in his leadership of the company toward its goals,” said Ron K. Glover, Chairman of the Board of B2X Corporation. “He has already had a profound impact on the development of our business, and he will continue to be key in maintaining B2X’s leadership role in this arena.”

“I am honored to serve as CEO of B2X Corporation,” said Sorisi. “I intend to apply my past business and leadership experience at USA Networks ECS, a multi-billion dollar company, to transform global sourcing by the internet, online and offline at B2X. My goal is to harness the power of B2X’s interactive technology to make trade easier and more productive for businesses all over the world.”

Mr. Sorisi possesses startup and Fortune company experience developing and deploying transactional e-commerce, marketing and back office technology business solutions for Fortune B2C and B2B brands. He has served as CIO of Platform Learning and Corporate Vice President, IT Operations of Columbia House. Previously, he was Vice President, Technology and Client Services for USA Networks Company and Vice President, Technology for its subsidiary, Ticketmaster. Earlier experience includes positions of increasing importance with Interlogic Trace.

B2X Corporation is providing the next evolution in global trade technology so businesses of all sizes will be able to source merchandise better and faster, with highly competitive B2X pricing and logistics efficiencies. The mission of the company is to improve international trade for small, medium and large retailers who need to import goods from China and other manufacturing companies. Through its full-service online import/export transactional trading platform that sources product from thousands of factories, B2X facilitates customization of product design, pricing, manufacturing, customs and duties, shipping, delivery and information.

In addition, B2X has a 5-year cooperation agreement with the Internet Information Center, which is the official Chinese government Internet Agency. The agreement enables unprecedented support and endorsement of the B2X business model and trading platform, providing customers with confidence and competitive advantage in sourcing through B2X.

The B2X online trading platform is currently being Beta tested, and is expected to be fully operational by the beginning of 2008.

About B2X

B2X is an international trading company headquartered in Jersey City, New Jersey. Its mission is to simplify international trade with the world's most comprehensive global on-line import and export trading platform.B2X will lower risk and take the complexity out of international trade, delivering a standard of excellence and convenience unknown in today's business-to-business marketplace. The company will offer a seamless, secure, end-to-end platform that eliminates the heavily regulated and complex process of international import and export, enabling small, medium-sized and large enterprises to compete on an even level. It’s all inclusive price covers the goods and fees such as customs duties, import/export tariffs, insurance costs, escrow fees, shipping and handling, warehousing costs, and inspection fees.

With offices in the U.S. and China, B2X ensures its products conform to the highest standards. While current manufacturing focus is on China, B2X’s vision is to create a truly international trade platform allowing buyers and sellers from any country to access the B2X platform.

Press Contact:

Lewis Chang Vice President, Marketing

B2X Corporation
10 Exchange Place, 25th Floor
Jersey City, NJ 07302
+1 201 793 3083
lewis.chang@b2x.com

Chinese Government Backed Import/Export Platform, China.cn, Partners With B2X Corp.
(businesswire.com)


Jersey City, NJ – May 29th, 2007 – China Internet Information Center (CIIC), the official Chinese Government Internet Agency, overseen by the State Council Information Office, announced today the signing of an exclusive 5 year partnership with B2X Corporation. CIIC recently launched China Suppliers, China.cn, China’s largest government-run Import/Export Wed Platform.

B2X Corp., founded in May, 2006, is presently building an international online trading platform promising to revolutionize the business of Import/Export. The company’s focus is to serve US, China, Asia, Africa, and Europe’s vast number of suppliers and buyers.

The B2X Platform is a turn-key solution for millions of small and mid-sized companies, in the US and Europe, to source products from the Chinese manufacturers; and for Chinese manufacturers to purchase Commodities and Raw Products from competing sellers worldwide.

“We are tremendously excited by our partnership with B2X Corp,” commented Li Jiaming, CIIC’s Managing Director. “This first-of-its-kind partnership will grant China’s manufacturers direct access to millions of small to mid-size US and European companies,” continued Li Jiaming.

About China Internet Information Center; China Suppliers

The China Suppliers web portal, operated by the China Internet information Center is the official online trading platform of the Chinese government. The site was developed as a platform to increase the global exposure of the more than 3.5 million Chinese enterprises registered on the system. With over 40 million products available, the China Suppliers web portal is one of the largest trading platforms in the world.

About B2X

B2X is a global importing company building a revolutionary platform to facilitate International trade. B2X delivers to users vital information needed to market, manage, and ship products on a national and International basis. Leveraging proprietary technology solutions, B2X plans to change the paradigm of International e-commerce by providing a seamless, secure, end-to-end environment to guide and assist buyers and sellers through each step of the complex, heavily regulated process of International import and export. By establishing partnerships throughout the process chain, B2X will aggregate a simplified, turn-key solution that optimizes the economics of the import/export process, including customer acquisition, shipping, insurance, inspection and payment. The B2X platform will allow users to expand their global market, drive product sales, and securely manage the transactions process and enhance the business fulfillment process.

Lewis Chang
Vice President, Marketing

B2X Corporation
10 Exchange Place, 25th Floor
Jersey City, NJ 07302
+1 201 793 3083
lewis.chang@b2x.com

American Companies Eager Yet Cautious
About Sourcing Products From China
(businesswire.com)

Jersey City, NJ – May 14th, 2007 – B2X Corp.’s 1Q 2007 survey of American companies in a variety of businesses and industries shows many to be eager to source products from China -- provided they can find a reliable means of facilitating those transactions.

The study, conducted between January 15 and March 15, 2007 among more than 1,000 wholesalers and retailers in the furniture, textile, clothing, electronics and toy industries, found that much of executives’ hesitation to source from China stems from concerns over the ability to manage the process.

For example, 25.7% of companies surveyed who have never been supplied directly by a Chinese manufacturer, or have done it in the past but have now ceased, expressed concern that they might not have the resources or expertise to find reliable manufacturers there.

In addition, 19.8% said they did not have the internal resources, the time or the experience to manage the import process, while 12.7% said the risk of not receiving quality goods within the necessary delivery time was too prohibitive. And 19.6% held to a belief that any savings gained on the actual delivered costs of the products would be out-weighed by the additional in-house costs required to source products directly.

Even given those concerns, however, nearly one-third said they were still “interested” or “very interested” in exploring ways of sourcing products directly from manufacturers in China without the risk and cost of being an importer.

That same one-third admitted to being “interested” or “very interested” in finding Chinese sources for their products quickly and efficiently in a secure, on-line environment from their offices – and that they would like to receive immediate delivered prices for products they might potentially purchase (including all costs right up to delivery to their distribution centers).

In addition, nearly 41% were “interested” or “very interested” in purchasing goods from China if the delivery and quality of the goods were guaranteed.

Among the survey’s other findings:

- More than 30% expressed average or greater-than-average interest in learning about how to join a buying group of companies similar to theirs in other geographic areas of the United States in order to benefit from the combined purchasing clout (provided that their own identities and purchases were protected).
- Just under 28% said they would like to learn how to customize products manufactured in China by including their company's name and brand on both the products and packaging.
- More than a third (35.3%) admitted to being interested in purchasing goods from China if they could pay for them as if it were a domestic U.S. sale, with traditional U.S. business terms of payment.
- Virtually the same number (35.4%) are “interested” or “very interested” in having a trusted U.S. company provide all the procurement and logistics management required to deliver purchases from China to their doors with no additional charges or fees.

B2X Opens Markets

For these companies, the key to opening the vast, untapped resources available in China is B2X Corp.B2X is a global importing company building a revolutionary platform to facilitate international trade. B2X delivers to users vital information needed to market, manage and ship products on a national or international basis.

Leveraging proprietary technology solutions, B2X plans to change the paradigm of international e-commerce by providing a seamless, secure, end-to-end environment to guide and assist buyers and sellers through each step of the complex, heavily regulated process of international import and export.

By establishing partnerships throughout the process chain, B2X will aggregate a simplified, turn-key solution that optimizes the economics of the import/export process, including customer acquisition, shipping, insurance, inspection and payment. The B2X platform will allow users to expand their global market, drive product sales, and securely manage the transaction process and enhance the business fulfillment process...

To request the complete survey, please contact:

Lewis Chang
Vice President, Marketing


B2X Corporation
10 Exchange Place, 25th Floor
Jersey City, NJ 07302
+1 201 793 3083
lewis.chang@b2x.com

China.cn Partners With B2X Corp
(chinadaily.com.cn)

Jersey City NJ - November 27th, 2006 – China Internet Information Center (CIIC), the official Chinese Government Internet Agency, overseen by the State Council Information Office, announced on Monday the signing of an exclusive 5-year partnership with B2X Corporation.

China Suppliers (www.china.cn), recently launched by CIIC, is China's largest government-run import/export web platform.

B2X Corp., founded in May 2006, is presently building an international online trading platform promising to revolutionize the business of Import/Export. The company's focus is to serve US, China, Asia, Africa, and Europe's vast number of suppliers and buyers.

The B2X Platform is a turn-key solution for millions of small and mid-sized companies, in the US and Europe, to source products from Chinese manufacturers; and for Chinese manufacturers to purchase Commodities and Raw Products from competing sellers worldwide.

'We are tremendously excited by our partnership with B2X Corp,' commented Li Jiaming, CIIC's managing director. 'This first-of-its-kind partnership will grant China's manufacturers direct access to millions of small to mid-size US and European companies.'

The China Suppliers web portal, operated by the China Internet information Center, is the official online trading platform. The site was developed as a platform to increase the global exposure of the more than 3.5 million Chinese enterprises registered on the system.

With over 40 million products available, the China Suppliers web portal is one of the largest trading platforms in the world.

About B2X
B2x is a global importing company building a revolutionary platform to facilitate International trade. B2X delivers to users vital information needed to market, manage and ship products on a national and International basis. Leveraging proprietary technology solutions, B2X plans to change the paradigm of International e-commerce by providing a seamless, secure, end-to-end environment to guide and assist buyers and sellers through each step of the complex, heavily regulated process of International import and export.

By establishing partnerships throughout the process chain, B2X will aggregate a simplified, turn-key solution that optimizes the economics of the import/export process, including customer acquisition, shipping, insurance, inspection and payment.

The B2X platform will allow users to expand their global market, drive product sales, and securely manage the transaction process and enhance the business fulfillment process.

Lewis Chang
Vice President, Marketing

B2X Corporation
10 Exchange Place, 25th Floor
Jersey City, NJ 07302
+1 201 793 3083
lewis.chang@b2x.com