Hershey Foods Corporation Finds Sweet Spot with Portfolio Management; ProSight Portfolios Helps The Leading Chocolate Maker's IS Department Support the Business

PORTLAND, Ore., Dec. 10, 2002 -- ProSight, Inc., the experts in portfolio management, today announced its latest customer, Hershey Foods Corporation. Hershey's Information Systems (IS) department will be using ProSight's portfolio management software, ProSight(TM) Portfolios, to enhance its current governance processes and provide high-quality, business-focused decisions for Hershey Foods' corporate objectives.

With ProSight Portfolios, Hershey's will be able to capture all high-level data in the IS department and ensure that it is always available, accurate, timely and visible. This access to complete data will allow the IS staff and business leaders to make better decisions more quickly, and communicate them more easily.

"ProSight Portfolios and the portfolio management process helps provide our IS organization with the processes and necessary information to work effectively with, and provide overall value to, Hershey's business objectives," said George Davis, CIO of Hershey Foods. "It has already become evident that we can use these portfolios to see the entire organization, instead of small segments, then use this big picture to establish consistent language and metrics to make decisions for the company as a whole."

"We look forward to working with another world-class client like Hershey Foods Corporation," said John Cimral, CEO of ProSight. "We have found that large organizations, like Hershey's, are able to benefit greatly from using the ProSight portfolio management software to gain greater visibility of their entire business. The visibility allows greater collaboration within the organization, builds strong cross-departmental relationships and contributes more value to the business."

About Hershey Foods Corporation

Hershey Foods Corporation is the leading North American manufacturer of quality chocolate and non-chocolate confectionery and chocolate-related grocery products, and has a variety of international operations. Some of the company's most popular products include HERSHEY(R)'S chocolate and chocolate with almond bars, HERSHEY(R)'S KISSES(R) chocolates, REESE'S(R) peanut butter cups, JOLLY RANCHER(R) and TWIZZLERS(R) candies, HERSHEY(R)'S cocoa, and HERSHEY(R)'S syrup. The company also is a market leader in the gum and mint category with such well-known brands as ICE BREAKERS(R), BREATH SAVERS(R), and BUBBLE YUM(R).

Operations of Hershey Foods Corporation are concentrated in two divisions.

Hershey Chocolate North America is the nation's leading domestic producer of chocolate and non-chocolate confectionery products, as well as chocolate-related grocery products.

Hershey International oversees the corporation's international interests and exports to over 90 countries worldwide.

About ProSight

ProSight, the experts in portfolio management for technology leaders, combines software with services and knowledge resources to equip companies with effective oversight of investments, resources and performance, enhancing value visualization and strategic collaboration capabilities -- enterprisewide. ProSight is headquartered in Portland, Ore.

For more information, please visit www.prosight.com. For more information on portfolio management, visit the Portfolio Management Forum at www.portfoliomgt.org.

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      CONTACT: ProSight, Portland
               Gina Woods, 503/889-4885
               gina.woods@prosight.com
               or
               Rick Turoczy, 503/889-4882
               rick.turoczy@prosight.com