For Immediate Release:
 

SpaceWorks To Collaborate With Intel On e-Commerce Project

Rockville, MD and Santa Clara, CA -- July 22, 1999 -- SpaceWorks, Inc., the experienced leader in business-to-business sell-side Web commerce software, today announced that it will collaborate with Intel Corporation on a software project aimed at providing the business market with new capabilities for implementing E-commerce with their direct and indirect channels.

Under terms of the agreement, the two companies will devote resources to create new applications for automating business-to-business , sales-to-order transactions on the Web. SpaceWorks plans to announce the commercial release of the first of such applications in the fourth quarter.

"We are excited about our relationship with Intel and the statement it makes to the marketplace," said Dave MacSwain, president and CEO of SpaceWorks. "Our expertise and success in developing and deploying enterprise-class 'sell-side' applications that are open and standards-based was a deciding factor for Intel. SpaceWorks focus in automating the supply chain transactions in any industry is synergistic with the Intel corporate goals to foster the overall growth of computing."

According to Forrester Research, the market for Internet commerce "sell-side" software is projected to reach $1.4 billion by 2002.

"We are moving towards a globally connected Internet economy with a billion connected people," said Ron Whittier, Senior vice president and SpaceWorks Collaborates with Intel on EC Project general manager of Intel's Internet Content Services. "Companies like SpaceWorks are making it easier for people and companies to transact their business on the Internet."

About SpaceWorks
SpaceWorks, Inc.® drives billions in B2B revenue today for Global 2000 manufacturers, distributors and supplier-driven marketplaces. SpaceWorks industrial-strength application, the Web BusinessManager Suite, automates all the mission-critical activities involved in B2B selling, including ordering, marketing, billing and more. The solution integrates with back-end systems, e-Marketplaces and customer procurement networks to enable real-time, revenue-generating transactions. SpaceWorks clients include Avaya, BF Goodrich, GE Aircraft Engines, and Maytag Corporation, among others. Alliance partners include PricewaterhouseCoopers, webMethods, Commerce One and more. Additional information is available at www.spaceworks.com.

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