NexPrise Introduces Two New Applications: Cost Estimation and New Product Introduction

New NexPrise Applications Automate Key Manufacturing Industry Processes to Increase Efficiency, Grow Profitability, and Speed Time to Market

CARLSBAD, Calif., May 10, 2004 -- NexPrise, Inc. (Nasdaq: NXPS), a leading source of business process automation applications, today announced the availability of NexPrise Cost Estimation(TM) and NexPrise New Product Introduction(TM). The new applications automate two critical manufacturing supply chain processes in order to help companies reduce their costs, increase profitability, and shorten time to market through more timely information access, better insight, and greater process efficiency.

The automation of processes through NexPrise Cost Estimation and NexPrise New Product Introduction allows for better decision-making and efficiency in key manufacturing activities including forecasting, product design, pipeline management, resource allocation, and customer quoting. Both applications are based on version 4.0 of the NexPrise nProcess Platform, also announced today, delivering benefits that translate to a rapid return on investment (ROI):

-- Rapidly deployable, allowing customers to get up and running within weeks.

-- Highly customizable, with the ability to mimic companies' existing processes to maximize efficiency and minimize users' learning curve.

"In working with our manufacturing customers to help them address inefficiencies and gaps in their key processes, we found that many face the same issues," said Ted Drysdale, CEO of NexPrise. "Our two new applications, NexPrise Cost Estimation and NexPrise New Product Introduction, apply what we have learned from our customers and are designed to help more companies take the fast, direct path to more efficient and competitive processes."

According to a recent Manufacturers Alliance report, manufacturing companies face rising structural costs that are offsetting much of the recent productivity gains. In order to remain competitive on a global scale, these enterprises are looking to increase revenues and respond quickly to pressures associated with product release time.

NexPrise enables manufacturers -- who often have spent years and millions of dollars implementing enterprise systems yet still have gaps and partly manual workflows -- to automate the rest of their processes expeditiously and inexpensively. NexPrise Cost Estimation and NexPrise New Product Introduction are available today. The applications are based on the NexPrise nProcess Platform 4.0, which enables any number of process applications to be built and modified rapidly and inexpensively.

About Nexprise Cost Estimation

NexPrise Cost Estimation automates a core process within quote management, accurately estimating the cost to customers based on labor and the availability of components within the organization and across the supply chain. Using Cost Estimation, manufacturers and contract manufacturing firms supporting OEMs can quickly check inventory levels, evaluate labor rates, track parts, run calculations based on up-to-the-moment information. NexPrise Cost Estimation helps to improve forecasting and pipeline management. The results are decreased quote cycle times and more competitive quotes, leading to more business wins, as well as more accurate quotes that ensure manufacturing companies can profit on the projects for which they bid.

New Product Introduction

NexPrise New Product Introduction is an application designed to provide decision-makers with increased visibility and insight into the product introduction process via a Web-based, graphical user interface. Capabilities include the ability to assign and rank various tasks associated with a product introduction -- from concept to design, development, sourcing, manufacturing and marketing -- in order to effectively analyze the entire process. Using New Product Introduction, manufacturing companies can more quickly and easily identify the strongest product initiatives that merit increased attention and resources, as well as which product projects to terminate. The result is the ability to focus efforts on speeding to market promising products while minimizing wasted dollars on dead-end projects -- ultimately driving increased profitability.

About NexPrise

NexPrise, Inc., a leading source for business process applications, markets solutions that can enable manufacturers to rapidly automate key business processes and produce a return on investment in less than 6 months. These solutions complement and expand on currently installed enterprise systems and allow for the ongoing process improvements companies require to meet their changing business demands. NexPrise, Inc. is headquartered in Carlsbad, California. For more information, please visit http://www.nexprise.com.

Safe Harbor Statement

This press release contains "forward-looking" statements about the products and services of NexPrise, as that term is used in Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are denoted by such words as "will enable," "can enable," "allow" and similar terms and phrases. These types of statements address matters that are subject to risks and uncertainties, which could cause actual results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, successful completion of the development process, risks and delays associated with the development process, unanticipated technological difficulties and resource constraints which may hinder development, customers' utilization of the NexPrise product, the extent of customers' existing inefficiencies and general applicability of the NexPrise product to the customer's needs. In addition, our forward-looking statements should be considered in the context of other risk factors discussed in our filings with the Securities and Exchange Commission, including but not limited to our annual report on Form 10-K and 10-Q filings, available online at http://www.sec.gov . All forward-looking statements are based on information available to the company on the date hereof, and the company assumes no obligation to update such statements.

SOURCE NexPrise, Inc.

Web Site: http://www.nexprise.com