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Subject: OASIS Member News - WebMethods Founder Receives Entrepreneur Award
FOR IMMEDIATE RELEASE Contacts: Nicole Keating Beth Grupp or Jason Morris webMethods, Inc. Schwartz Communications, Inc. 703-460-5960 781-684-0770 nkeating@webMethods.com webMethods@schwartz-pr.com WEBMETHODS' FOUNDER AND CEO RECEIVES PRESTIGIOUS ERNST & YOUNG ENTREPRENEUR OF THE YEAR AWARD Phillip Merrick Honored for his Leadership Role and Entrepreneurial Spirit in B2B E-Commerce FAIRFAX, Va.June 30, 2000webMethods, Inc. (Nasdaq: WEBM), the leading provider of business-to-business integration (B2Bi) solutions, today announced that Founder, President and CEO Phillip Merrick is the recipient of the Greater Washington Ernst & Young Entrepreneur of the Year Award in the eBusiness category. Merrick has been recognized for his entrepreneurial spirit, creativity and leadership in the B2B industry. After an extensive search, Merrick was announced the winner on June 29 at the Ritz-Carlton Hotel in Tysons Corner, VA. The winners were selected by elite, blue-ribbon panels of judges composed of community business and civic leaders, academicians and award winners from the previous year. webMethods provides a comprehensive B2Bi solution that allows organizations to effectively realize their B2B e-commerce strategies. Through broad support of open standards and protocols, the webMethods B2B(tm) 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. "Winning the Entrepreneur of the Year award is a monumental accomplishment not only for me, but for the entire webMethods team," said Merrick. "To be recognized for our achievements tops off an already an amazing year. Everyone at webMethods has had a direct impact on our success in the B2B industry. Without the drive of every member of our company, winning this award would not have been possible." Since co-founding the company in 1996, Mr. Merrick has aggressively grown his company from a three-person team to more than 300 employees. Under his leadership, webMethods has won more than 160 customers, including SAP, Dell and Dun & Bradstreet and solidified strategic partnerships with Microsoft, Oracle, Ariba and KPMG. Through his tenacity and hard work, Mr. Merrick has established webMethods as a leader in the B2B e-commerce integration market, as evidenced by the company's successful initial public offering which ranked among the top five of first-day offerings in history and was the fourth largest first day software offering ever. The judges of the Entrepreneur of the Year Award selected Mr. Merrick from a total of 52 nominees in the Greater Washington area. Mr. Merrick will now go on to compete in one of several national Entrepreneur of the Year categories and the national Entrepreneur of the Year at the Ernst & Young EOY International Conference awards gala in Palm Springs, California, November 9-12, 2000. 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 provides the B2Bi infrastructure that enables 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 160 customers worldwidefrom Global 2000 leaders such as Dell (Nasdaq: Dell), Eastman Chemical Company (NYSE:EMN), Lucent Technologies (NYSE: LU) and Grainger (NYSE: GWW) to major B2B marketplaces like ChemConnect, e-STEEL and Ventro (Nasdaq: VNTR). webMethods' strategic partners include Ariba (Nasdaq: ARBA), Commerce One (Nasdaq: CMRC), Deloitte Consulting, EDS (NYSE: EDS), i2 Technologies (Nasdaq: ITWO), KPMG Consulting, Microsoft Corp.(Nasdaq: MSFT), Oracle Corp. (Nasdaq: ORCL), Sterling Commerce (NYSE: SE) and SAP AG (NYSE: SAP). 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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