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Subject: SoftQuad Partners with ec-Content to Offer Complete e-MarketplaceCatalog Solution for Suppliers
News Release SoftQuad Partners with ec-Content to Offer Complete e-Marketplace Catalog Solution for Suppliers TORONTO, ON & SAN DIEGO, CA – September 25, 2000 – SoftQuad Software, Ltd. (OTC BB: SXML), an internationally recognized developer of XML-enabling technologies and e-business solutions, today announced a strategic technology partnership with ec-Content, the total e-catalog content solution provider for B2B e-marketplaces, including a network of 40,000 suppliers and subscription customers. The partnership will combine SoftQuad MarketAgility™, a supply side e-catalog solution, with ec-Content's ability to create enhanced catalog content, allowing suppliers to deliver customer-specific catalogs to e-markets quickly and efficiently. Suppliers who want to effectively participate in e-marketplaces must overcome the challenges involved in creating, updating and delivering content rich catalogs with buyer-specific pricing information to multiple e-marketplaces. This requires collecting product and pricing information from enterprise systems, adding up-to-date product descriptions and graphics from manufacturers, and delivering each e-catalog in the XML format required by each e-marketplace. The combination of MarketAgility and ec-Content will provide suppliers with an integrated solution to rapidly create buyer-specific catalogs, normalize the data for consistency, enrich it with manufacturer information, and distribute it to e-markets. For suppliers, this enables them to bring their customized e-catalogs online quickly. For e-marketplace users, this ensures a rich buying experience by enabling them to quickly and efficiently find the products they need with accurate product and pricing information. “The partnership of ec-Content and SoftQuad will give suppliers the ability to quickly join and effectively compete in e-marketplaces," said Roberto Drassinower, president and CEO of SoftQuad Software. “MarketAgility automates the creation and management of customer-specific catalogs. ec-Content's proprietary overlay process integrates manufacturer information into custom catalogs and provides delivery and management services. Together, we will effectively overcome the challenges suppliers face in preparing catalogs for e-marketplaces.” “Our partnership with SoftQuad will drastically reduce a supplier’s time to market, while allowing them to maintain control over the accuracy and integrity of their e-catalog data,” said Trey Simonton, executive vice president of business development, ec-Content. “It addresses the challenge suppliers face in creating and maintaining quality content to fuel the growth of e-marketplaces. By expanding our Content Advantage Program through partnerships like this one, ec-Content is solving the critical challenges facing suppliers as they increase their involvement in e-marketplaces.” SoftQuad MarketAgility is an innovative technology and services solution that provides suppliers with the control and flexibility they need to quickly and effectively collect, manage and deliver customized e-catalog content to multiple e-marketplaces and e-procurement systems. It combines SoftQuad’s XML enabling technologies with the expertise of SoftQuad’s Product Solutions Services Group to provide suppliers with an automated catalog management solution tailored to their existing technology infrastructure, business processes and e-catalog requirements. ec-Content maintains a base of product information on over five million individual items from thousands of manufacturers, and provides management and maintenance services to expand and update this information for marketplaces and suppliers. ec-Content enhances suppliers' catalog content by overlaying it with manufacturers' comprehensive and current product information. ec-Content's high quality e-catalog libraries are then published in the required format to each e-marketplace. About ec-Content ec-Content is the total e-catalog content solution provider for B2B e-marketplaces. Established in July of 1999 and funded by Boston Ventures, ec-Content draws from the 80-year content publishing history of its sister corporation, Trade Service Corporation. ec-Content delivers and continuously updates cleansed, normalized content for e-catalogs, based on unique product identifier codes for quick and effective comparison-shopping. ec-Content offers B2B e-marketplaces and companies engaged in e-procurement a speed to market advantage through the company’s rapid on?boarding of supplier e-catalog content, and the frequent updating of that content. ec-Content adds value to the detailed product and pricing information for over five million individual items from thousands of suppliers and manufacturers. In addition to creating new e-catalog content for its customers, ec-Content also licenses quality content libraries that include office products, office furniture, office machines, computer supplies, janitorial supplies, building essentials (including electrical, industrial, plumbing, HVAC/R and DataCom products) and automotive aftermarket parts. For more information on ec-Content call 800-978-6641 or visit www.ec-content.com. About SoftQuad Software, Ltd. SoftQuad Software, Ltd. (OTC BB: SXML) is an internationally recognized developer of XML enabling technologies and commerce solutions for e-business. A founding member of the World Wide Web Consortium (W3C), the Organization for the Advancement of Structured Information Standards (OASIS) and XML.org., SoftQuad is also a member of the Open Applications Group, Inc. (OAGI) and the Wireless Application Protocol (WAP) Forum. SoftQuad has been instrumental in shaping and developing both the standards and technologies that are changing the way companies exchange information and do business over the Web. Headquartered in Toronto, Canada, with European operations based in London, SoftQuad was first to market with XMetaL, an advanced, yet easy-to-use XML content creation solution. It has already become the premier enabling technology for XML-based content applications in electronic publishing, e-commerce and knowledge management. SoftQuad is targeting the growing business-to-business (B2B) marketplace with MarketAgility, a supply-side content solution that allows companies to effectively join and compete in B2B e-markets. For more information, visit SoftQuad's Website at http://www.softquad.com Caution Concerning Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipates", "estimates", "expects", “will”, “should”, "projects", "intends", "plans", "believes" and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify such forward-looking statements. Those forward-looking statements are management's present expectations of future events. As with any projection or forecast, they are inherently susceptible to uncertainty and changes in circumstances. SoftQuad is an early-stage growth company that operates in a highly competitive and rapidly changing environment, and its business results are dependent on numerous factors, including demand for its products and services, its ability to manage costs and generate revenues, technological developments, protection of its intellectual property rights, its ability to attract and retain key personnel, the resolution of issues concerning commercial activities via the Internet, including security, reliability, cost, ease of use and access, government regulation, risks related to international sales and potential foreign currency exchange fluctuations, economic, political and social conditions in the countries in which it operates, its ability to successfully obtain inclusion of its common stock on the Nasdaq National Market and other risks detailed from time to time in periodic reports filed by SoftQuad with the U.S. Securities and Exchange Commission and other regulatory authorities. SoftQuad’s actual results could differ materially from management's expectations because of such factors. For further information on SoftQuad, please contact: David Terry ITPR (for SoftQuad Software) (416) 642-6357 david@itpr.com For further information on ec-Content, please contact: Meagan Busath KHJ Public Relations (for ec-Content) (617) 241-8000 ext. 156 mbusath@khj.com SoftQuad and XMetaL are registered trademarks of SoftQuad Software, Ltd. MarketAgility is a trademark of SoftQuad Software, Ltd. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. Heather Grant Account Executive ITPR 214 King Street West, Suite 216 Toronto, ON M5H 3S6 Tel: (416) 642-6353 Fax: (416)642-6361 Email: Heather@itpr.com
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