LogoSoft Delivers E-Commerce Technology to North American Recreational Vehicle Industry

    ELKHART, Ind.--March 22, 2001--LogoSoft Inc., a privately held firm providing essential business efficiencies to companies and specific industries through custom software development and support services, today announced that the company has entered into the e-commerce arena by creating an e-marketplace for the recreational vehicle and related industries.
    The company's marketplace will be powered, maintained and hosted by PurchasePro , a leading enabler of business-to- business e-commerce for companies of all sizes, enabling LogoSoft's marketplace members to buy and sell products and services online.
    Through the company's marketplace, LogoSoft will offer significant cost-savings initiatives to the recreational vehicle, manufactured housing, marine and custom manufacturing markets.
    PurchasePro's e-MarketMaker solution not only provides LogoSoft's marketplace members with a complete procurement process, reducing costs and corporate waste associated with purchasing, but also enables them to buy and sell products and services to more than 140,000 unique businesses and hundreds of private-label marketplaces throughout the country.
    "Creating a marketplace on the PurchasePro application provides us with a new medium for saving money and communicating with buyers and suppliers across the country," said Ben H. Dorsey III, vice president of marketing at LogoSoft.
    "Not only will the marketplace provide our members with dramatic cost savings and business efficiencies, but it will allow them to add to their customer base, enhance product margins and drive revenue through new channels. Such efficiencies are critical to survival in the challenging market conditions we're now experiencing."
    "We are excited to be adding LogoSoft to our arsenal of business offerings," said Steve Angelo, vice president of product marketing at PurchasePro.
    "LogoSoft resides in a virtually untapped industry in the B2B space and furthers the breadth of product offerings and opportunity to serve businesses on the PurchasePro global marketplace. LogoSoft's marketplace is expected to bring in additional revenues, customers and businesses, propelling LogoSoft's ability to create business efficiencies."
    LogoSoft will promote the company's marketplace through a full- scale advertising and marketing campaign directed at buyers and suppliers in the recreational industry. The company's campaign builds on direct sales and marketing activities, and is expected to drive a significant number of members into its marketplace throughout 2001.
    LogoSoft will also promote the company's marketplace through direct mail campaigns and sales opportunities. The initial focus of the campaign will be centered on suppliers who provide parts to manufacturers and distributors of recreational vehicles, parts and supplies.
    "Our research has discovered that companies in the recreational industry routinely spend more than $23,000 per year on purchase orders, faxes and other necessities in the purchase of direct and indirect goods alone," said Dorsey. "Our marketplace removes those expenses while providing companies with an opportunity to increase revenue and generate sales."

    About LogoSoft

    LogoSoft is a privately held firm providing essential connections to business and industry through custom software development and other support services. LogoSoft has formed key partnerships to augment its ability to enable customer success. For further information, visit LogoSoft on the Web at www.logosoftinc.com or contact LogoSoft toll-free at 866/970-4800 or via e-mail at info@logosoftinc.com.

    About PurchasePro

    PurchasePro, a leader in business-to-business e-commerce, operates the PurchasePro global marketplace, encompassing more than 140,000 businesses and powering hundreds of private-label marketplaces with its highly scalable, browser-based e-commerce engine.
    PurchasePro's solutions enable businesses of all sizes to easily buy and sell products and services, and compete more effectively by enhancing sales opportunities, reducing procurement costs and greatly increasing employee productivity.
    PurchasePro responds to the most common corporate needs: e-Procurement for corporate procurement, v-Distributor for online distributors, and e-MarketMaker for Internet market makers.
    PurchasePro has developed strategic sales and marketing relationships with industry leaders including AOL Time Warner, Computer Associates, Gateway, Hilton, Office Depot and Sprint. The company provides extensive support and training programs. For information, call toll-free at 888/830-4600 or in Las Vegas at 702/316-7000, or visit www.purchasepro.com.

    This news release includes forward-looking statements that are subject to the "Safe Harbor" created by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements (which involve the company's plans, beliefs and goals, refer to estimates or use similar terms) involve certain risks and uncertainties, including the risks and uncertainties associated with rapidly changing technologies such as the Internet; the risks of technology development; and the risks of competition that can cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements represent only the views of certain members of management and do not necessarily represent a consensus of all employees and managers within the company. Moreover, those forward-looking statements are based on limited information available to the company now, which is subject to change. It should be clearly understood that the factors and perceptions on which these forward-looking statements are based are highly likely to change over time and that the company has no current plan to update these statements. Actual results may differ substantially from what the company says today, and no one should assume at a later date that the forward-looking statements provided herein are still valid. They speak only as of today. For more information about these risks and uncertainties, see the Securities and Exchange Commission filings of PurchasePro.com Inc., including the section titled "Factors That May Affect Results" in its 10-K filing for the period ended Dec. 31, 1999, and its 10-Q for the quarter ended Sept. 30, 2000, which is available from the company on request and on the Internet at the SEC's Web site, www.sec.gov.

    Note to Editors: PurchasePro is a service mark of PurchasePro.com Inc. All other trademarks or registered trademarks are the property of their respective owners.