OASIS Member News-Mongoose Acquires RealCommunities

[Lionel Hanley <lionel.hanley@mongoosetech.com>]

Mongoose Technology to Merge with RealCommunities; Accelerates Growth and
Leadership in Enterprise Portal Market; Mongoose to take lead in "Community
Computing" - identified by Delphi Group as a top trend in 2001
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Houston, March 6, 2001 - Houston-based Portal Lifecycle Management company
Mongoose Technology, Inc. announced today that it has reached a definitive
agreement to merge with RealCommunities, Inc. in a stock-for-stock
transaction.  With the immediate delivery of the Mongoose RealCommunities
solution (RealCommunities Experience, Producers Workbench, Fundamentals, and
Community Development Kit), and industry-acclaimed expertise in community
and collaboration, the merger accelerates Mongoose Technology's growth and
leadership in providing enterprise portal solutions that increase revenue
and reduce costs for Fortune 5000 companies.

The acquisition is expected to be completed in March.  CEO and Founder of
RealCommunities Cynthia Typaldos, in addition to her core team, will join
Mongoose Technology.  Ms. Typaldos will become a full member of the Mongoose
Technology Board of Directors.  She will also serve as Executive Vice
President of the Cupertino, Calif. Lab and Chief Knowledge Officer (CKO).

Cupertino, Calif.-based RealCommunities' customers have high volume,
strategically important, natural communities with shared interests and
needs.  They include vertical portals, corporate portals, eLearning portals,
eCRM environments, and knowledge exchanges.   The Cupertino facility will
remain as the West Coast development lab and sales office for Mongoose
Technology and will be augmented with additional sales and engineering
staff.

Delphi Group Chief Analyst Nathaniel Palmer said, "Among trends in
enterprise computing, two of the Top 5 that Delphi Group has identified to
most greatly impact business strategy are Enterprise Portals and Community
Computing.  The merger of RealCommunities with Mongoose Technology brings
together what will be a unique combination of infrastructure and application
services for building Web communities and peer-to-peer knowledge exchanges
inside of enterprise portals."

Erick Rivas, President and CEO of Mongoose Technology, said, "Most portal
vendors address online collaboration as merely a set of disparate
applications, such as threaded discussions, e-mail, chat, document-sharing,
etc., and completely ignore the underlying core concepts that help establish
effective Web communities, including identity, trust, reputation, reward,
purpose, etc.   In order to enable rich, thriving Web communities, support
for these 'concepts' is essential as part of the overall community
architecture of a portal, and must be made available as API-level services
to every application in the portal."

Rivas continued, "This rich, unique combination of community services and
pre-built, extensible eCRM, eKnowledge, and eLearning applications built on
top of those services is what we're delivering as a result of our
relationship with RealCommunities.  If we did not partner with
RealCommunities, we would have had to build those capabilities ourselves in
order to round-out our product suite."

Real Communities' Cynthia Typaldos, said, "We are delighted to become a key
part of Mongoose Technology.  Together we have the opportunity to build real
communities that enable corporations, through their Web sites, to
proactively manage key business relationships with and between their most
important stakeholders:  site members, customers, partners, developers,
integrators, franchisees, distributors, employees, and many others."

Tim Chandler, Director, High Tech & Manufacturing Marketing, eBusiness
Solutions at Nortel Networks, says "As we expand CRM into Supply Chain
Management, Product Design, and SFA in the Enterprise Portal, the
RealCommunities' solution provides a collaborative mechanism for cultivating
communities with our customers, suppliers, and within our own organization."

Chandler continues, "We think community and collaboration helps us address
business issues that affect the bottom line.  We can use their reputation
engine as a way to identify expertise within our organization, partners, and
customers.  We can reward customer loyalty.  We can promote communities
between our organization and our partners to creatively drive agility from
our supply chain problems all the way though to CRM."

Product Integration
Given the common component-based architecture of both Mongoose's and
RealCommunities' products - 100% Java and XML based, and running on J2EE™
(Java 2 Enterprise Edition) application servers such as BEA WebLogic - both
companies' development organizations will realize immediate benefits of
reuse and integrated staff resources.

The capabilities of Mongoose RealCommunities applications will be easy to
incorporate into enterprise portals since they will be provided as a library
of collaborating WebComponents™ that can be assembled with the Mongoose
PortalStudio™ visual portal authoring environment.

Server-side functionality provided by Mongoose RealCommunities Fundamentals
will be incorporated into the services provided by the Mongoose PortalStudio
Server framework.  Just as Mongoose PortalStudio Server now provides
system-to-system integration services and person-to-system portal services,
Mongoose RealCommunities Fundamentals will add a core set of
person-to-person community services to PortalStudio Server.  Altogether this
will now enable companies to easily design, assemble, deploy, and manage
community and collaboration applications throughout the enterprise portal.

The user profiles of Mongoose RealCommunities Producers Workbench will
become user profiles within the Mongoose Portal Manager, accessible from
within Mongoose PortalStudio or from the portal itself.  For example when
deploying the portal, the producer will configure the business rules for
assigning loyalty points and reputation for any transaction in the portal
and will receive alerts and statistics for monitoring the health of the
communities.

The Combined Company

Mongoose RealCommunities Experience, Producers Workbench, Fundamentals, and
Community Development Kit are available today, as are Mongoose PortalStudio
and Mongoose PortalStudio Server.  All Mongoose products are available
directly through Mongoose Technology and through the Mongoose Valued Partner
(MVP) Program channel.

About RealCommunities, Inc.

RealCommunities (<http://www.realcommunities.com/>) provides infrastructure
software for corporate, employee, and consumer Web-based communities.
RealCommunities Experience, the company's first community application, with
its integrated configuration and management tool (the Producer's Workbench)
can be used to effectively develop and enhance Web relationships for eCRM
(customer, partner, developer, or distributor support portals), corporate
portals, employee portals, eLearning, eCommerce, and small business portals.
RealCommunities' first customers include several of the world's largest
lifestyle and exchange portals.

About Mongoose Technology, Inc.

Mongoose Technology, Inc. (http://www.mongoosetech.com/) is a premier
provider of Portal Lifecycle Management products that are used to design,
assemble, deploy, and manage enterprise portals.  The company's products
include the Mongoose PortalStudio™ visual portal authoring environment for
the rapid development of J2EE™-based eBusiness Portals; and the Mongoose
PortalStudio™ Server, which combines an XML-based portal server with B2B
integration services.  The company is headquartered in Houston, Texas, and
was founded in 1999.  Mongoose Technology, Inc. is located at 17225 El
Camino Real, #340, Houston, Texas 77058; phone, 281/461-0099; fax,
281/461-0055.

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For questions or comments about this press release please contact:
mediarelations@mongoosetech.com <mailto:mediarelations@mongoosetech.com>.

Lionel  G. Hanley
VP of Marketing
Mongoose Technology, Inc.
17225 El Camino Real #340
Houston, TX 77058
504.640-6885 Mobil/Voicemail
504.847.1562 Office
www.mongoosetech.com


Mongoose PortalStudio, WebCanvas, WebComponent, WebSkin, WebConnector, and
RealCommunities are trademarks of Mongoose Technology, Inc.  All other
company or product names are trademarks and/or registered trademarks of
their respective owners.

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