Increased Expertise Management Software Adoption Expected In 2003; Kamoon Fueling Market Growth

The exchange and utilization of critical knowledge is a necessity for today's leading enterprises, and out of this need has emerged a technology that enables thought-leading organizations to leverage the expertise of its own employees to support its business processes.

Expertise Management gained significant industry attention in 2002 as complex enterprises implemented solutions that allow them to efficiently and cost-effectively leverage human capital. Industry analysts agree that in 2003, an even greater acceptance will emerge: According to Gartner, enterprises are now heavily investing in "means for knowledge sharing and collaboration that put the control of the information and knowledge transfer directly into the hands of knowledge workers" (Personal Knowledge Networks Emerge With Grassroots KM, November 2002); and IDC expects the knowledge management access software sector, which includes knowledge exchange technology, to grow to $4.6 billion in 2006, up from $1.1 billion in 2001 (Worldwide Knowledge Management Software Forecast, 2002-2006, June 2002).

Kamoon Inc. is the leading software provider of Expertise Management (EM) solutions and is firmly established as a technology pioneer in the sector. Kamoon had a tremendous 2002, bolstered by two award wins: the KMWorld KM Promise Award and the Basex Excellence Award. Kamoon and IBM Lotus Software also established a co-marketing agreement that allows customers to easily purchase and deploy knowledge management offerings from each company to locate and communicate with experts within their organization. The Kamoon Connect 3.0 suite helps Global 2000 customers, such as Unisys, Young Presidents' Organization, TesCom and others, foster and manage the complete knowledge exchange process while supporting a wide range of organizational functions. These include research and development, production, sales, marketing, project management, knowledge management, and enterprise portals.

Kamoon Connect 3.0 profiles the know-how and experience of the people in an organization, facilitates exchange of that knowledge through a collaborative and context-sensitive Q&A process, and captures knowledge for re-use and best practice development. In this way, Kamoon's technology integrates expertise management into the existing enterprise infrastructure for the benefit of all knowledge workers, transforming collaboration and extending knowledge sharing through email, portals and other KM solutions. To date, Kamoon has deployed over 75,000 seats and that number is expected to grow rapidly in 2003.

"Kamoon Connect undoubtedly led the innovation in the expertise software market with its unique application of business rules to the automation of expertise management," said Basex Chairman and Chief Analyst Jonathan Spira. "This year's addition of an email interface now makes it even easier for companies to seamlessly deploy this powerful software within their existing practices and processes."

"Kamoon is constantly thinking ahead to anticipate the needs of the complex enterprise," said Yali Harari, CEO of Kamoon Inc. "This was accentuated in 2002 with the release of our Kamoon Connect 3.0 suite and Connect Mail product, which allows for expertise profiling and location and Q&A through a simple and powerful email interface. We are the only firm offering this unique knowledge management tool, which is essential with the rise of the remote working environment. This type of innovation will continue in 2003."

In 2003, Kamoon will unveil a signature series of reports highlighting the issues currently facing knowledge workers and organizations. Topics planned include intellectual capital management, engineering culture for the knowledge-centric enterprise, and measuring the business impact of KM initiatives. Also, Kamoon executives will take part in the 5th Annual Knowledge Management World Summit/Braintrust International Conference in early 2003. To discuss the benefits of Expertise Management or additional KM-related issues, please feel free to contact CEO Yali Harari for comment. For more information visit www.kamoon.com.

About Kamoon Inc.

Kamoon Inc., the leading software provider of expertise management solutions, enables organizations to more efficiently and cost-effectively improve business performance through collaboration and knowledge sharing. The award winning Kamoon Connect is a full solution with a suite of products that include Connect Experts, Connect Enterprise, Connect Mail, and Connect Application Builder. The Kamoon Connect suite of products allows people to ask questions, find experts and get answers. Implemented by large, complex organizations, Kamoon Connect supports many organizational functions including research and development, production, sales, marketing, project management, knowledge management, enterprise portals, and help desks. Kamoon is headquartered in Fort Lee, NJ. For more information, please visit our Web site at www.kamoon.com or call 201-242-9311.

      CONTACT: Kamoon Inc., Fort Lee
               Lori Wizdo, 201/592-2336
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