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Subject: OASIS MEMBER NEWS - TELCOBUY.COM SELECTS WEBMETHODS
FOR IMMEDIATE RELEASE Contacts: Nicole Keating Jason Morris or Sarah Reed webMethods, Inc. Schwartz Communications, Inc. 703-460-5960 781-684-0770 nkeating@webMethods.com webMethods@schwartz-pr.com TELCOBUY.COM SELECTS WEBMETHODS TO INTEGRATE TELECOMMUNICATIONS SUPPLIERS AND VENDORS IN ONLINE TRADING NETWORK webMethods B2B Enables telcobuy.com to Automate Real-Time Exchange of Pricing and Availability Information for Rapid Network Build-out FAIRFAX, Va.--May 1, 2000-webMethods, Inc. (Nasdaq: WEBM), the leading provider of business-to-business integration (B2Bi) solutions, today announced that telcobuy.comSM, a sophisticated business-to-business telecommunications marketplace and a subsidiary of World Wide Technology, Inc., has implemented webMethods B2B(tm) to integrate suppliers and vendors in an online trading network. telcobuy.com provides real-time online access, order status, inventory availability and historic purchasing reports to facilitate the build-out of telecommunications networks for its customers such as Bell Atlantic, Southwestern Bell and GTE. telcobuy.com aggregates more than 500,000 different items from more than 1,000 manufacturers. By using webMethods B2B to automate the exchange of information with a myriad of suppliers, telcobuy.com customers now have a secure, real-time view of order and requisition status and can effectively track all steps of the order process--from initial order placement to delivery. This results in an increase in operational efficiencies and a reduction of procurement costs across the supply chain. "webMethods B2B enables us to provide our suppliers and customers with real-time and secure access to necessary supplier information," said Bob Olwig, chief technology officer of telcobuy.com. "In the past, million dollar installations could get held up by a few dollars worth of fuses that weren't ordered. With webMethods B2B, telcobuy.com now has the capacity to provide an automated request list, and suppliers are able to quickly respond to queries without having to delay network installations." Prior to implementing webMethods B2B, communications with customers and suppliers occurred through a complex array of faxes, telephone and paper exchanges, and it would take days to track requests, order status and delivery information. webMethods B2B enables seamless integration of telcobuy.com's key business processes with those of its customers, partners and suppliers over the Internet, creating new revenue opportunities and improved supply chain efficiencies through shortened cycle times, lower inventories and reduced error rates. "In order to be successful, companies must have real-time, secure communication with suppliers. The telecommunications industry is moving at lightning-fast speed to build networks and increased efficiency and automated communications is mission-critical," said Phillip Merrick, president and CEO of webMethods. "Through its use of webMethods B2B, telcobuy.com customers are able to efficiently communicate with a host of manufacturers in an automated environment that enables their customers to effectively realize the topline benefits of business-to-business e-commerce." webMethods provides a comprehensive solution that allows organizations to effectively realize their B2B e-commerce strategies. Through broad support of open standards and protocols, such as XML, RosettaNet, FpML, cXML, OBI, OAG, ACORD, Microsoft BizTalk and legacy EDI, the webMethods B2B family of products provides the critical B2B integration software that enables companies to form powerful trading networks with customers, suppliers and partners. With webMethods B2B, companies can conduct business-to-business over the Internet with minimal stress to corporate resources and existing technology infrastructure. 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 customers worldwide-from Global 2000 leaders such as Dell, Eastman Chemical Company, Lucent and W.W. Grainger to major B2B marketplaces like ChemConnect, e-STEEL and Ventro. webMethods' strategic partners include Ariba, 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. telcobuy.com is the servicemark of telcobuy.com LLC. 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.
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