BW2209 JUL 26,2000 5:11 PACIFIC 08:11 EASTERN ( BW)(NY-EXPERTCOMMERCE/CARDONET) ExpertCommerce Partners With Cardonet to Offer Powerful Content Management and Decision-Making Solution to B2B Markets Business Editors NEW YORK--(BUSINESS WIRE)--July 26, 2000-- Partnership Between Advanced Decision Support Engine and Premier Catalog Management Technology Provider Fuels Transactions ExpertCommerce, Inc. (www.expertcommerce.com), the sole provider of a proven online business-to-business purchase-evaluation technology, today announced an agreement with Cardonet Inc. (www.cardonet.com), a leading provider of catalog content enabling solutions for business-to-business e-marketplaces, to jointly market ExpertCommerce's eValEngine(TM) and Cardonet MarketStand(TM). ExpertCommerce's eValEngine provides an automated, powerful decision-making technology and sophisticated analysis tools to drive purchase decisions. Cardonet's catalog content management system, Cardonet MarketStand, provides the infrastructure necessary to effectively build and maintain transactive catalogs. Under the terms of this agreement, the companies will work closely to pursue joint sales opportunities that will significantly improve the quality of purchase decisions, drive customer loyalty and lead to a larger number of consummated online transactions. "We are excited to be affiliated with ExpertCommerce and its very powerful decision support technology," said Patrick O'Haren, Vice President of Marketing for Cardonet. "More complex products and services are being sold online, driving a real need for a sophisticated decision solution such as ExpertCommerce's eValEngine, which allows users to make `better' decisions and drive more transactions." "Those businesses that utilize sophisticated catalog management systems like Cardonet's will lead the pack," said Jon Fisse, President and COO of ExpertCommerce. "Solutions are only as good as the data on which they are based and Cardonet MarketStand ensures quality data aggregation and management. Combine that with ExpertCommerce's eValEngine technology which synthesizes and evaluates large amounts of data based on user preferences, and you have a solution that is extremely powerful." ExpertCommerce's eValEngine enables net market makers and suppliers to quickly establish dynamic commerce, increase transaction volume and cement customer loyalty and enables buyers to make more effective and efficient procurement decisions. By injecting marketplaces, supplier sites and procurement platforms with powerful, intelligent decision support technology, ExpertCommerce enables buyers to evaluate alternatives on multiple dimensions in real-time and enables suppliers to gain unique insight into purchase behavior. The real-time evaluation technology drives more dynamic and efficient exchange, auction, RFP/RFQ and catalog transactions. Results include more confident customers who are better equipped with the knowledge resources to mitigate risk and increase ROI, and thus customers who are more likely to complete transactions. As an automated content factory, Cardonet MarketStand helps companies build their infrastructure for the efficient processing of supplier product information by creating transactive catalogs that make it easier to find products quickly and more accurately. This enables e-marketplaces to automate the entire publication, classification and aggregation process, resulting in lower implementation and ongoing maintenance costs. About ExpertCommerce, Inc. Driving Intelligent Decisions. Founded in 1999, with headquarters in New York City, ExpertCommerce, Inc. is a privately held company whose mission is to set the standard of decision-making, driving truly dynamic commerce between buyers and sellers and thereby beneficially impacting the bottom lines of all stakeholders. ExpertCommerce's Web-based, patented and patent pending eValEngine is the first and only decision-evaluation engine for the Internet marketplace to be driven by the Analytic Hierarchy Process (AHP), the most widely applied and proven decision-making theory in use today. For more information please visit: http://www.expertcommerce.com or call 1.212.404.1720. About Cardonet, Inc. Founded in 1997 and headquartered in Santa Clara, Calif., Cardonet (www.cardonet.com) combines unmatched expertise with superior technology to provide the definitive catalog content management solution for business-to-business e-marketplaces. Cardonet enables e-marketplaces to create and maintain transactive catalogs that enhance the buyer's experience and increase marketplace transactions, resulting in repeat customers and reduced time-to-market. Cardonet's growing list of leading customers and strategic partners include Ariba, Asera, Consolidated Commerce, Cross Commerce, Epylon, idapta, Intershop, Sherwood Forest, and Yantra. Privately-held, Cardonet is funded by leading venture capital firms, including Sequoia Capital, Giza, GE Capital, and Yozma Venture Capital. --30--kk/ny* csm CONTACT: ExpertCommerce Inc. Allison Keeley, 212/404-1725 akeeley@expertcommerce.com or Peppercom for Cardonet Jeff Kasko, 212/931-6168 jkasko@peppercom.com KEYWORD: NEW YORK INDUSTRY KEYWORD: ADVERTISING/MARKETING E-COMMERCE INTERNET MARKETING AGREEMENTS