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Subject: OASIS MEMBER NEWS: EXTRICITY SOFTWARE NAMED IN TOP 100 EMERGING COMPANIES TO WATCH IN 2000
From: Carolynn Sherby <csherby@msx.extricity.com> EXTRICITY SOFTWARE NAMED IN TOP 100 EMERGING COMPANIES TO WATCH IN 2000 REDWOOD SHORES, Calif.-November 22, 1999-Extricity Software, Inc., the leader in providing business-to-business (B2B) ecommerce software for Global 2000 companies, has been named one of the Top 100 Emerging Companies To Watch in 2000 by Computerworld Magazine. As one of the Top 100 Emerging Companies in 2000, Extricity Software was recognized for its company and technology offering of demonstrable value to corporate IT operations in Fortune 1,000 companies, and for its products and services that represent a new and creative approach to an IT issue, and that compete in a new or emerging market. In addition, Extricity was acknowledged for its ability to execute its strategy in terms of revenue, revenue growth, funding and its management team. Earlier this year, Computerworld panel members reviewed nomination forms for several hundred emerging high technology companies. The panel members selected 20 to 30 finalist companies in each area for the Emerging Companies 2000 List. Nomination forms for the finalists were then sent to a panel comprising information technology industry influencers, including Robert Metcalfe, vice president of technology at International Data Group; Frank Gens, senior vice president of Internet research at International Data Corp.; Pricilla Tate, executive director of Technology Managers Forum International; Howard Anderson, president of The Yankee Group; Peter G. W. Keen, chairman of Keen Education; and Charles Feld, CIO of Delta Air Lines Inc. "We are extremely pleased to be named as one of the Top 100 Emerging Companies To Watch in 2000," said Extricity Software's president and CEO Ken Ross. "This kind of recognition validates our view of business-to-business ecommerce technology; this market is huge and on the verge of massive explosion over the next couple of years," Ross said. "Extricity has been focused on B2B since day one, and we will continue to drive and lead this market through this evolutionary phase." According to a recent report by Robertson Stephens, an international investment banking firm specializing in growth companies, business-to-business transactions account for approximately $17 trillion, or 85 percent of the total commerce in the U. S. Assuming 10 percent of these business-to-business transactions move online by 2003, the implied market opportunity is $1.7 trillion in the next four years. And, the global market could be more than double the U.S. in size, assuming even lower adoption rates, the report states. About Extricity Software Extricity Software, Inc. is the premier provider of comprehensive, packaged business-to-business software solutions. The Extricity AllianceSeries family of XML-based e-commerce solutions allows Global 2000 companies to dramatically improve both their efficiencies and competitiveness by leveraging the Internet to automate critical business processes and the flow of information between partners, customers and suppliers. Founded in 1996, Extricity is a privately held company headquartered in Redwood Shores, Calif. with offices nationwide. Recently featured in Time Magazine as an example of highly innovative technology companies that are creating new business models based on business-to-business (B2B) electronic commerce, Extricity was also named by Fortune Magazine as one of the "Top 25 Enterprise Software Companies to Watch". Extricity has formed strategic partnerships with companies such as Baan, IBM, Intel, Microsoft, OnDisplay, PeopleSoft, SAP, and TIBCO. Additionally, Extricity is working with major management consulting and systems integrators, including Andersen Consulting, Cambridge Technology Partners, IBM Global Services and PricewaterhouseCoopers. For more information, contact Extricity Software by phone at (650) 596-4500, via email at info@extricity.com, or on the web at www.extricity.com. ### Carolynn Sherby Director, PR and Analyst Relations Extricity Software 555 Twin Dolphin Drive, Suite 600 Redwood Shores, CA 94065 Direct 650-596-4531 Fax 650-596-1310 email: csherby@extricity.com www.extricity.com
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