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Subject: OASIS MEMBER NEWS_ Phillip Merrick Receives KPMG Entrepreneur Award
FOR REVIEW ONLY-DRAFTFOR IMMEDIATE RELEASE Contacts: Nicole Keating Lauren Arnold webMethods, Inc. Schwartz Communications, Inc. 703-460-5960 781-684-0770 nkeating@webMethods.com webMethods@schwartz-pr.com PHILLIP MERRICK RECEIVES KPMG LLP GREATER WASHINGTON REGION HIGH TECH ENTREPRENEUR AWARD webMethods President and CEO Honored at 13th Annual Greater Washington Region High Tech Awards Banquet FAIRFAX, Va.--May 3, 2000- webMethods, Inc. (Nasdaq: WEBM), the leading provider of business-to-business integration (B2Bi) solutions, today announced Phillip Merrick, the company's Foundert Founder and CEO, has received the KPMG LLP Greater Washington Region High Tech Entrepreneur Award. KPMG presented the award Tuesday evening May 2 as part of the 13th Annual Greater Washington Region High Tech Awards Banquet. Each year, KPMG honors individuals who have made significant contributions to the advancement of technology in the region. "It is a thrill to be part of the growing technology community in the Washington area; and it is an honor to be selected for this prestigious award," said Phillip Merrick, president and CEO of webMethods, Inc. "The region has provided an excellentthe foundation for building webMethods from a basementsmall start-up, to the leading provider of B2Bi solutions, to one of the most successful IPOs in history. As webMethods continues to grow, we will build our future her in the Washington area."The Washington area leads the country in Internet infrastructure and software and webMethods is proud to be part of it." Phillip Merrick is a 15-year software industry veteran and the original architect of webMethods B2B. Since the company's foundingfounding the company in 1996, Mr. Merrick has provided both thought leadership and product leadership-defining and delivering business solutions for Global 2000 companies to do business-to-business over the Internet. Mr. Merrick has established webMethods as the leading vendor of open solutions for B2Bi, earning widespread recognition among analysts, media and investors. The cornerstone of the company's success has been its ability to win the confidence of on-going relationships with Global 2000 customers and partners such as Dell, SAP, FedEx, Eastman Chemical, Lucent, Bell Atlantic and W.W. Grainger. Mr. Merrick is responsible for steering webMethods' corporate strategy and, in March of 2000, he led the company to the fourth most successful first-day gain for an IPO. Prior to founding webMethods, Mr. Merrick served as Vice President of Engineering at Open Software Associates (OSA), an international Internet and GUI tools company formed through a staff buyout of a division of Hewlett-Packard. At OSA, Mr. Merrick led the development of netDeploy, OSA's acclaimed Web development and deployment product. Prior to OSA, Mr. Merrick was Director of Development at Magna Software Corporation, where he managed the MAGNA X application development tool. About webMethods, Inc. webMethods, Inc. (Nasdaq: WEBM) is the leading provider of software solutions for business-to-business integration (B2Bi). Leveraging the open standards of the Internet, the award-winning webMethods B2B(tm) family of products provide the B2Bi infrastructure enabling Global 2000 companies and B2B marketplaces to connect customers, suppliers and partners to form real-time B2B trading networks. webMethods B2B allows companies to create new revenue opportunities, strengthen relationships with customers and substantially reduce supply chain inefficiencies. Founded in 1996, webMethods is based in Fairfax, Va., with offices across the U.S. and Europe. webMethods has more than 130 160 customers worldwide-from Global 2000 leaders such as Dell, Eastman Chemical Company, Lucent, Bell Atlantic and W.W. Grainger to major B2B marketplaces like ChemConnect, e-STEEL and Ventro. webMethods' strategic partners include Ariba, Commerce One, Deloitte Consulting, EDS, KPMG, Microsoft, Sterling Commerce and SAP AG. More information about the company can be found at www.webMethods.com. ### webMethods and webMethods B2B are trademarks of webMethods, Inc. All other company and product names are property of their respective owners. This press release contains various remarks about the future expectations, plans and prospects of webMethods that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. The actual results of webMethods may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in the Risk Factors section of webMethods' recent Registration Statement on Form S-1, which is on file with the Securities and Exchange Commission. Scott McGrath Member Services Manager OASIS Organization for the Advancement of Structured Information Standards +1 978 667 5115 (US & Int'l Voice) +1 978 667 5114 (US and Int'l Fax) scott.mcgrath@oasis-open.org http://www.oasis-open.org OASIS PO Box 455 Billerica, MA 01821
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