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Cotecna is awarded an inspection contract in Bangladesh and opens two new offices.

Geneva (ots)

Cotecna is proud to announce the signature of a
three year Preshipment Inspection (PSI) contract with the Government
of the People's Republic of Bangladesh. This contract which covers
the inspection of imported goods commences on September 1st, 2005.
Four inspection companies have been selected to share the
Preshipment inspection mandate which has been split into five
geographical zones.  Cotecna is the only company that has been
awarded two zones by the Government of Bangladesh.  Cotecna's
geographical area covers the major exporting countries including
China, Korea, Taiwan and Japan, as well as Australia and New Zealand.
"I am particularly proud of the confidence the government of
Bangladesh places in Cotecna. Furthermore, this contract will allow
Cotecna to reinforce its expansion strategy into Asia and opens up
many new opportunities, in particular with China", says Robert
Massey, CEO.
Cotecna has opened two new offices in Dhaka and Chittagong and will
have an operational workforce of approximately sixty people by
September 1st, 2005.
Founded in Switzerland in 1974, the COTECNA Group offers a wide
range of trade facilitation and trade security services, including
the inspection of goods prior to shipment and at destination, the
verification and certification of quality standards, the valuation
and tariff code classification of any kind of tradable product.
COTECNA is a pioneer in areas such as Risk Management, Destination
Inspection, Scanner integration projects, Customs modernization
programmes and Customs Valuation Assistance and Trade Security
solutions. For a full description of our services, please visit
www.cotecna.com.  Currently, the COTECNA Group has a combined
workforce of about 4,000 employees and agents in over 100 offices and
holds 12 government inspection scheme contracts.

Contact:

Alison Bourgeois
VP Communications
Tel. +41/(0)22/849'78'23

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