OASIS Member News-ENIGMA COMPLETES THIRD-ROUND FINANCING

["Scott McGrath" <scott.mcgrath@oasis-open.org>]

Contact:
Anne Shannon							Rebecca Burke
Enigma, Inc. 							LNS Communications
781-273-3600 x 3606 						617-577-9777
annes@enigma.com						rburke@LNScom.com

ENIGMA COMPLETES THIRD-ROUND FINANCING,
BRINGS TOTAL FUNDING TO $36 MILLION

-- Third Round Totals $20 Million, Major Investors Include
BancBoston Ventures,
GE Equity, ING-Baring and Polytechnos --


BURLINGTON, MA, May 22, 2000 -- Enigma, Inc., the leading
provider of software for B2B e-commerce for high-value spare
parts and aftermarket support, announced today it has
successfully completed third round funding of $20 million,
bringing investments in the company to a total of $36 million.
The latest round is fueling Enigma's strategic and organizational
growth, including its acquisition of the e-publishing division of
Inso Providence, and the launch of its XML-based transaction
manager solution, CommerceSight.

Third-round investors BancBoston Ventures, ING-Baring and
Polytechnos join GE Equity, Deutsche Bank, Banker's Trust,
Sumitomo Corporation, Walden Fund and Mofet in support of
Enigma's growing leadership in B2B e-commerce for spare parts and
aftermarket business.  Enigma's CommerceSight solution enables
companies in high-value industries such as aerospace,
telecommunications and discrete manufacturing to build e-commerce
solutions driven by product-related content.

"Enigma has established itself as a leading innovator in XML
technology and is making impressive inroads into a previously
untapped realm of the B2B market," said Keith Miller, senior vice
president at GE Equity.  "We feel that Enigma is strategic for
the GE industrial divisions."

"The exponential growth of B2B e-commerce has created one of the
largest markets in the Internet economy," noted John Doggett,
director at BancBoston Ventures. "With its strong financial
backing and leading-edge technology, Enigma is well-positioned to
become the leader in B2B e-commerce for spare parts and
aftermarket business."

- more -


The purchase of Inso Corporation's technical publishing division,
completed late last year, brought Enigma an additional 250
customers and industry proven technology for the creation and
delivery of large, structured documents via the Web or CD-ROM.
The acquired DynaWeb and DynaText product lines complement
Enigma's strong product offerings which link vast technical
information -- including service bulletins, electronic
illustrated parts catalogs, detailed procedural guides and
mission-critical repair manuals -- with ERP and procurement
systems to provide an integrated  e-commerce system for
high-value spare parts sales.

"Our investors and customers have given Enigma a position of
strength in both the business and financial markets," said
Jonathan Yaron, CEO of Enigma.  "Enigma's CommerceSight is the
only e-commerce solution which enables manufacturers of high-end
equipment to realize the full revenue potential of their spare
parts business.  This latest round of financing provides Enigma
with the resources necessary to widen deployment of this solution
throughout our key markets."

# # #

About BancBoston Ventures
BancBoston Ventures, a venture capital unit of FleetBoston
Financial (NYSE: FBF), has been providing expansion capital to
emerging growth companies since 1959.  Today, it has roughly $300
million invested in over 75 Internet-focused technology companies
worldwide.  With offices in Palo Alto, Boston, London, Hong Kong,
Buenos Aires, and Sao Paulo, BancBoston Ventures brings 40 years
of venture capital experience, a global network of contacts, and
close affiliation with the premiere investment bank Robertson
Stephens to each investment opportunity.  BancBoston Ventures'
investments include Allaire, Avicon Group, Bizland.com, BuildNet,
Gomez Advisors, Internet Capital Group, Inventa, Netmind (Puma),
OnDisplay, Silknet, Versata, and Viant.

About Enigma
Enigma, Inc. leads the market in content-driven B2B e-commerce
for spare parts and aftermarket support.  The company's ESP
architecture, which includes CommerceSight for high-value B2B
e-commerce, emphasizes Enigma's commitment to continued
development in the area of vertical exchanges.  Typical
applications of Enigma technology include e-commerce sites,
e-catalogs, eIPCS, IETMs and self-service product support.
Enigma's rapidly expanding list of customers includes GE Aircraft
Engines, Pratt & Whitney, Rolls-Royce, Hewlett-Packard,
Ameritech, Lucent, Bell South, Nokia, Sybase, Sun Microsystems,
John Deere, Mack Trucks, Freightliner, Motorola, Cummins Engines
and United Airlines.  Enigma is a privately held company,
headquartered in Burlington, Mass., with offices in San
Francisco, London, Munich, Amsterdam, Toronto, Tokyo and Tel
Aviv. For more information about Enigma, go to www.enigma.com .
--more--

About GE Equity
GE Equity, a subsidiary of GE Capital, is the private equity arm
of GE.  GE Capital, with assets of more than US$345 billion, is a
global, diversified financial services company with 28
specialized businesses.  A wholly-owned subsidiary of General
Electric Company, GE Capital, based in Stamford, CT, provides
equipment management, mid-market and specialized financing,
specialty insurance and a variety of consumer services, such as
car leasing, home mortgages and credit cards, to businesses and
individuals around the world.  GE is a diversified manufacturing,
technology and services company with operations worldwide.
www.geequity.com




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