GateTrade Announces

GateTrade & Castle Consulting India Provide Computerized Mapping

San Francisco, CA - July 20, 2009 - GateTrade, Inc., a leading electronic marketplace for edible oils and other agricultural products, today announced a strategic alliance with Castle Consulting India to assist GateTrade's registered members in profiting from the latest computer mapping technologies in agriculture:

• Global Positioning Systems (GPS) for satellite-assisted, remote sensing data collection, and
• Geographic Information Systems (GIS) for data integration, analysis, and visualization.

GPS and GIS are among the most important technological developments in farming worldwide. They are used to increase revenues and reduce costs in such activities as:

• Identifying the most suitable crops by location and season.
• Optimizing fertilizers and pesticides quantities.
• Accurately projecting the yield of a particular crop.
• More efficiently routing produce from the farm to one or several markets.
• Perhaps the most exciting development of all, precision farming (also known as site-specific farming) that closely recognizes and takes full advantage of the subfield variation of farm lands

GateTrade and Castle Consulting India have prepared a brochure available at the GateTrade Web site (www.gatetrade.com), which describes the technologies, and also the range of products and services the two companies will be jointly offering. The products and services include technical consulting, proprietary data products, educational activities, brokerage and other transactions support. The brochure also provides the credentials and contact information for the strategic alliance's representatives in the United States, Malaysia and India.

GateTrade and Castle Consulting India have also begun posting "AB News" at GateTrade's Web site, a free weekly newsletter on India's agriculture industry.

For more information email us at info@gatetrade.com or click here

About GateTrade

GateTrade is a privately held company headquartered in San Francisco, California. GateTrade acts as an electronic intermediary to provide a secure, rich trading environment that directly connects buyers and sellers of agricultural products. GateTrade has built a global electronic marketplace to modernize agribusiness transactions by instantaneously reporting trades as they occur. The marketplace displays selling and buying ideas in a real time environment, which enhances the price discovery process.

About Castle Consulting India

Castle Consulting India is a privately held company headquartered in Hyderabad, India. The five Principals collectively have more than 60 years experience in all facets of applying GPS and GIS technology to agriculture, urban and regional planning, real estate and land use.