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Subject: OASIS Member News-ecVision Debuts in North America with LandmarkCustomers and Proven Internet-based Technology
For Immediate Release October 2, 2000, 6:00 AM EST Contact:Julie Staska Fleishman-Hillard staskaj@fleishman.com (415) 356-1014 Christine White ecVision cwhite@ecvision.com (408) 363-0229 ecVision Debuts in North America with Landmark Customers and Proven Internet-based Technology Expert in Merchandise Supply Chain Automation for the Retail Sector Goes Global with Silicon Valley Headquarters and Appointment of U.S. Executive Team SAN JOSE, Calif.-October 2, 2000-ecVision, an expert in automating the merchandise supply chain for retailers and brand merchandisers via the Internet, announced today the opening of its new global headquarters in the Silicon Valley and the appointment of a seasoned U.S. executive team. Today's announcement marks the North American debut of ecVision, already an established global provider of retail-focused solutions to top merchandisers and retailers including JCPenney. Following on the April 1998 opening of its Asia-Pacific headquarters in Hong Kong, ecVision plans to leverage its new global presence to expand its one-of-a-kind Internet-based solution and support services to domestic retailers and suppliers in conjunction with continued delivery abroad. "The phenomenal international growth of ecVision, demonstrated today by the opening of our new global headquarters in the Silicon Valley, is proof positive that retailers and brand merchandisers are as excited as we about the unparalleled ease, cost savings and time savings ecVision technology delivers," said Thomas Ng, CEO of ecVision, Inc. "By extending our products, services, and customer support to retailers and brand manufacturers in North America and Latin America, ecVision is poised to capture a share of the burgeoning B2B marketplace and bring the power of the Internet to retail merchandise supply chain automation." ecVision's global headquarters in San Jose, California will be lead by newly appointed president, Tom Dorosewicz who will focus on business operations in the Americas. Dorosewicz, a former vice president at Integrated Business Solutions (IBS) and an instrumental director of retail technology strategies at Symbol Technologies and Fujitsu Systems of America, brings over 14-years of retail industry experience to ecVision as a critical member of a new U.S.-based executive team that draws on a singular diversity of retail and technology backgrounds. ecVision CEO, Thomas Ng, will remain in his position at the helm of Asia-Pacific and international operations in Hong Kong. ecVision's XpressCommerceT Platform is a proven Internet-based solution set that addresses the key inter-enterprise information exchange requirements of retailers and brand manufacturers at a fraction of the cost of traditional EDI solutions. A one-of-kind solution that is based on robust and flexible extensible markup language (XML) technology, XpressCommerce Platform is elegantly designed around the e-mail paradigm. The solution delivers a rich set of features that powerfully integrate EDI and other structured documents by building a secure, non-reputable extranet gateway through which retailers and brand manufacturers can effortlessly communicate timely, accurate information with global suppliers. XpressCommerce Platform also provides EDI message processing, secure Internet communications, XML document processing, dynamic styling and "any-to-any" document mapping. ##### About ecVision Silicon Valley-based ecVision, Inc. is a global market expert in automating the merchandise supply chain process via the Internet. Using innovative Internet-based technology that leverages the unique flexibility of eXtensible Markup Language (XML), ecVision enables companies to communicate timely accurate information with global suppliers and to build e-commerce systems at a fraction of the price of traditional EDI solutions. ecVision's primary goal is to provide integrated B2B technologies designed to improve the supply chain processes, operational efficiency, and business competitiveness for top tier retailers and brand merchandisers worldwide. ecVision's flagship product is XpressCommerceT Platform, a solution set designed for buyers and sellers of retail merchandise who need to facilitate business transactions over the Internet while reducing costs and simplifying complex made-to-order processes. Established in 1998, ecVision maintains global headquarters in the Silicon Valley with Asia-Pacific offices in Hong Kong. The company's customers include top retailers and brand manufacturers including JCPenney. For more information, about ecVision or its products and services contact ecVision at (888) 317-7116, info@ecvision.com , or visit the company's Web site at www.ecVision.com . XpressCommerce is a trademark of ecVision, Inc. All other trademarks or registered trademarks are property of their respective holders in the United States and/or other countries. Except for statements of historical fact, certain information contained in this press release constitutes "forward-looking statements" which include, without limitation, statements concerning the Company's business and development plans, anticipated activities related to the Company's projects and developments, and statements related to the adequacy of cash resources and financing plans. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place any undue reliance on forward-looking statements. Copyright © 2000 ecVision Inc.
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