Gloucester, Mass., May 22, 2007 -- TradeStone Software, the leader in delivering a Unified Buying Process that helps retailers and suppliers improve margins and speed products to market through its PLM for Retail, Global Sourcing, and Global Order Management solutions, today announced Ocean State Job Lot has been honored with a 2007 Mid-Market All Stars award by RIS News magazine. The awards recognize small-to-midsize retailers who have achieved impressive marketplace success and growth in year-over-year sales and revenue gains. The ten winners are announced in the June issue of RIS News.

Ocean State Job Lot opened in 1977 as New England’s “Home of Adventure Shopping,” offering deeply discounted name-brand merchandise and continues to expand throughout the Northeast. In 2006 the company added three stores, including the first store in New York State, and boosted sales by $350 million. Today, Ocean State Job Lot employs 3,000 people at more than 80 stores. Company officials project the addition of six to eight new stores in 2007.

Ocean State Job Lot’s success hinges on its ability to quickly source merchandise globally and on an opportunistic basis. In 2003, the company’s growth began to outpace its manual importing and order management system. To keep up with the company’s rapid expansion, the IT staff implemented TradeStone’s Sourcing and Global Order Management solutions. With these solutions in place, Ocean State Job Lot has a comprehensive Web-based solution that supports sourcing and global order management, vendor compliance and payment processing. With TradeStone, Ocean State Job Lot was able to double their imports, year over year, since implementation.

“Ocean State Job Lot demonstrates an exceptional ability to thrive under the competitive pressures of the retail industry,” said Joe Skorupa, editor in chief, RIS News. “We believe Ocean State Job Lot is on the fast track to growth and are pleased to honor the company as a 2007 Mid-Market All Star.”

Ocean State Job Lot is known for its eclectic mix of merchandise. Its hardlines offerings include housewares, toys, home furnishings, gardening suppliers, and even sporting goods. The retailer also offers softlines for the home – sheets, towels, tablecloths, etc.; not to mention gourmet food items.

“We strive to deliver a wide variety of merchandise to our customers at value prices and in order to do that, we take advantage of opportunistic buys all over the world. Our buying pattern is unique, yet TradeStone makes it easy for us to purchase goods from suppliers all over the world,” said Hisham Aharon, CIO, Ocean State Job Lot. “We trust TradeStone Software as a strategic partner, and we are proud to join the ranks of RIS News’ Mid-Market All Stars.”

Growing a retail business with this commitment to quality merchandise selection has been pegged by Wall Street analysts as the fundamental reactivity in retail. Retailers who thrive, like Ocean State Job Lot, are committed to developing a core competency in sourcing that delivers both points to margin and speed to market.

“Ocean State Job Lot has been a TradeStone customer since 2004. They have emerged as a regional success story because they understand the value of leveraging technology to support business goals,” said Sue Welch, CEO, TradeStone Software. “By investing in TradeStone to support their global sourcing strategy, Ocean State Job Lot is able to capitalize on the margin differential of 20-35% on imported merchandise, further enhancing top-line growth.”

About The RIS News Mid-Market All Stars
Each year, the RIS News Mid-Market All Stars recognizes ten midsize retailers that are achieving impressive marketplace success and growth in year-over-year revenue gains. Retailers that are selected are taking success to the next level by building up their brands, expanding geographically, fine-tuning business processes and investing in IT as a key enabler of critical initiatives and goals.

About Ocean State Job Lot
Since 1977, Ocean State Job Lot has sold brand name, first quality products at great prices at over 80 stores throughout New England.

About TradeStone Software, Inc.
TradeStone Software provides retailers and suppliers with a Unified Buying Process™ that improves margins and speeds products to market. Its PLM for Retail, Sourcing and Global Order Management solutions are recognized by Wall Street analysts as a superior tool to help retailers and suppliers compete in a global economy. These solutions give companies the power and visibility to plan, design, collaborate on and purchase goods from across the world in time to meet immediate customer demand. Worldwide customers include American Eagle Outfitters, Alliance Boots, Novi Footwear, Circuit City and Federated Department Stores. TradeStone Software's international headquarters is in Gloucester, Mass., with offices in Atlanta, London, Hong Kong, and Bangalore. For more information please visit www.TradeStoneSoftware.com.

Contact:

Tania Stockbridge
TradeStone Software
978-281-3723
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