ThreadeXchange, the full-service global sourcing solution, today announced a strategic partnership with TradeOut, a business-to-business marketplace for excess inventory.

The partnership allows ThreadeXchange's customers to buy and sell excess apparel through TradeOut's wide network of wholesalers and retailers. Under the terms of the agreement, TradeOut will design and build a co-branded storefront for ThreadeXchange and its trading partners. This site is scheduled to launch before year's end and will be accessible through a link on ThreadeXchange's main sourcing site. Complementing ThreadeXchange's current offerings, this relationship will enable ThreadeXchange's customers to purchase and liquidate excess apparel.

"The alliance with ThreadeXchange introduces additional international sources of product to our buyer community," said George Samenuk, president and CEO of TradeOut.

About ThreadeXchange
ThreadeXchange was developed to offer a secure end-to-end technology-driven sourcing solution for the apparel industry. The company provides a way to minimize supply chain "pain points" by giving apparel industry buyers and sellers the essential tools, services and information they need. ThreadeXchange streamlines the sourcing process by accessing a massive global factory network, overseeing quality assurance and human rights conditions at the factory level and providing 100 per cent visibility throughout the production and logistics processes. For further information, please visit www.threadexchange.com.