For Immediate Release:
 

SpaceWorks Expands Global 2000 Target Market to Include B2B e-Marketplaces

Rockville, MD -- April 28, 2000 -- In response to ever-increasing demand for its Web BusinessManager Suite from B2B e- Marketplaces, SpaceWorks, Inc. ®, the leading business-to-business sell-side Web commerce software company, today announced the addition of this emerging market sector to its current target of Global 2000 manufacturers. The attraction of this growing market to the SpaceWorks e-Commerce solution further underscores the flexibility and industrial- strength of the Suite not just for private marketplaces operated by a single manufacturer, but for equally robust e-Marketplaces representing multiple manufacturers. Further, it affords added simplicity for manufacturers using the SpaceWorks solution Suite to easily connect to their industry's marketplace as well.

Such capability to seamlessly link the Web BusinessManager Suite to an e-Marketplace or trading network was announced recently with the introduction of the SpaceWorks IntegrationManager module. The SpaceWorks Web BusinessManager Suite-a fully integrated, modular set of e-Commerce applications, creates a mission-critical B2B Web sales channel with auxiliary functionality.

"SpaceWorks Web BusinessManager Suite is a perfect match for a B2B e-marketplace, which is marked by rapid-fire change and fierce competition," according to SpaceWorks President and CEO, Dave MacSwain. "With our mission- critical e-Business Suite, an e-marketplace can experience the same benefits and efficiencies as the Global 2000 in evolving its site quickly by the ability to rapidly add more functionality easily and seamlessly."

SpaceWorks Web BusinessManager Suite, a fully tailorable solution, consists of multiple modules that can be deployed in any sequence once SpaceWorks OrderManager® is implemented. OrderManager creates the Web sales channel with links to back-end legacy and ERP systems. The Suite enables clients to evolve their B2B e- Commerce systems over time, with assurance that the added capabilities will seamlessly operate with current functions. Some of the companion modules to OrderManager deliver targeted marketing, auctions, interactive guided selling, electronic bill presentment and payment and post-sales service over the Web-to name a few. With the Web BusinessManager Suite, e-marketplace clients can enjoy the same, rapid implementation turn-around time that Global 2000 accounts have witnessed.

"SpaceWorks is well-positioned to transfer its ability to rapidly implement successful B2B e- Commerce sites within the Global 2000 - to the emerging e-Marketplace sector," according to Lisa Williams, Senior Analyst, Enterprise Commerce and Applications, at the Yankee Group. "There is no doubt that e-Marketplaces will benefit tremendously from SpaceWorks B2B expertise and product depth."

According to a recent report by the Gartner Group, a leading industry analyst firm, B2B e- marketplaces will facilitate $2.71 trillion in e-Commerce sales transactions by 2004 - representing 37 percent of the total market for B2B e-Commerce.

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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