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Subject: Arbortext Selects Raymond Schiavone as New President and CEO

Arbortext Selects Raymond Schiavone as New President and CEO

Ann Arbor, Mich, August 20, 2001 – Arbortext, Inc., the only global
provider of XML-based software that enables the creation, editing and
publishing of information from a single-source of content to multiple
media types, today named Raymond Schiavone as its new President and Chief
Executive Officer.  The announcement was made by Arbortext co-founder Jim
Sterken.  Effective immediately, Schiavone succeeds Jim Sterken, who is
returning to what he enjoys most – leading Arbortext’s software
engineering team.

Says Sterken, “Ray brings to Arbortext an outstanding combination of
big-business sophistication and entrepreneurial zeal. With his experiences
at GE and TPN Register (TPNR), he is uniquely qualified to lead Arbortext
through our current growth phase and reinforce our leadership in
single-source multichannel publishing.  We’re delighted to welcome Ray to
the Arbortext team.”

Most recently, Schiavone was President of TPNR, a joint venture formed by
General Electric’s Global eXchange Services and Thomas Publishing that
provides interactive catalog content management services for
e-procurement, e-marketplaces and online industry exchanges.  Under
Schiavone’s leadership, TPNR evolved from concept to market leader serving
Fortune 500 companies.

Prior to TPNR, Schiavone served for more than ten years in executive
sales, marketing and business development positions in GE business units
serving Europe and the Americas.  A graduate of GE’s prestigious Corporate
Audit Staff and Information Management Leadership Program, Schiavone holds
a Master’s of Business Administration from the University of Maryland and
a Bachelor of Science degree in computer science from Syracuse University.

Said Promod Haque, General Partner at Norwest Ventures and lead investor
in Arbortext, “Arbortext’s ability to attract a senior executive with the
credentials and stature of Ray Schiavone further fortifies our confidence
in this fine company.  We’re excited to see Arbortext’s continued growth
in multichannel publishing, an area that Adobe and Corel have both staked
out for its enormous potential.  With Ray at the helm, we expect that
Arbortext will maintain and extend its market leadership in this area.”

Commenting on his new position, Schiavone said, “I am thrilled to join
Arbortext, an organization with talented people, innovative technology,
impressive customers and a tremendous market opportunity.  Arbortext’s
ability to help companies boost their information quality while slashing
costs is proving irresistible to organizations that must do more with
less.  This is evidenced by their continued growth in the face of this
challenging economy.  I’m looking forward to building on their momentum
with single-source multichannel publishing solutions and expanding the
company’s role in providing Global 2000 organizations with the ability to
deliver information instantly to any customer at any time in the format of
their choice.”

Married with two children, Schiavone will relocate with his family to Ann
Arbor, Michigan, from Rockville, Maryland.

About Arbortext
Arbortext is the only global provider of XML-based software that enables
the creation, editing and publishing of information to multiple media
types – Web, print, CD-ROM, wireless – from a single source of content.
Shipping since 1991, Arbortext’s standards-based software supports
technical publishing, reference publishing and catalog publishing
applications that enable enterprises to provide more accurate,
cost-efficient, complete, timely, consistent and usable information on all
media. Arbortext’s software is installed at over 3,500 customers,
including over 300 of the Global 2000 companies. Current customers include
AT&T, Audi, Boeing, British Aerospace, Caterpillar, DaimlerChrysler,
Ericsson Telecom, Ford, GM, IBM, Lucent, Nokia, Nortel Networks, Qantas,
Ricoh, Sun Microsystems, International Thomson Publishing, United
Airlines, Volkswagen, Volvo and West Group. Arbortext is a founding member
and active participant in the XML Activity of the World Wide Web
Consortium (W3C). Headquartered in Ann Arbor, Michigan, USA, Arbortext has
offices around the world.  For more information please visit
#  #  #  #

Contacts:	Beth Ambaruch		Angela von Ruden
		Arbortext, Inc.		Phase Two Strategies
		Ph:  +1 734.327.6014	Ph: +1 212.530.7553
		bea@arbortext.com		avonruden@p2pr.com

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