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Subject: OASIS MEMBER NEWS: EXTRICITY SOFTWARE LAUNCHES EUROPEAN OPERATIONS
From: Carolynn Sherby <csherby@msx.extricity.com> EXTRICITY SOFTWARE LAUNCHES EUROPEAN OPERATIONS New UK Office To Provide Powerful Business-To-Business E-Commerce Solutions To European Market REDWOOD SHORES, Calif.-December 8, 1999-Extricity Software, Inc., the leader in providing business-to-business (B2B) ecommerce software for Global 2000 companies, announced the company opened a European head office in London, U.K. The new office is headed up by Extricity's new vice president and general manager, EMEA, Keith Deane. "British and European companies are embracing the Internet as a powerful medium for communications and commerce," said Deane. "Extricity's packaged e-commerce software leverages this power by harnessing it not just for front-end web-ordering, but for building and managing e-commerce trading communities. There is strong demand from the European industry and now is the perfect time to introduce our solutions to this market," Deane stated. In addition, Extricity Software last week also announced an agreement with IBM Corp. to globally deliver Internet-based business-to-business (B2B) integration software solutions. Under the agreement, IBM will resell and market Extricity AllianceSeries B2B e-commerce software worldwide. Extricity Software designs, develops, markets, licenses and supports a suite of business-to-business integration software products that allows companies to leverage the Internet to work better with their business partners. These business partners are global communities of customers, distributors, and partners - which collectively comprise today's "extended enterprise". Extricity Software provides a complete packaged solution that allows companies to create and manage business processes and the flow of information between customers, partners and suppliers. These business processes - such as collaborative planning and engineering, channel assembly, vendor-managed inventory, logistics, and those associated with RosettaNet and other standards bodies- can all be automated and highly synchronized so that, what used to take companies weeks and months to accomplish, can now be done within hours. The result is the ability to leverage the Internet to compete through highly integrated trading partner communities, leading to significant improvements in profitability and operational efficiencies. The Extricity AllianceSeries suite of products is being used today by many global companies who have realised substantial return on their investment - often in the range of five to 15 times the investment or more, with a payback period typically measured in months rather than years. There is a critical need for companies today to collaborate with one another. To get products to market swiftly, businesses are being driven to collaborate in joint capacity planning, collaborative demand planning, and synchronized order fulfillment. Collaboration has become a requirement for survival, and business integration enhances and improves the environment in which collaboration takes place. 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 worldwide. 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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