Momentum Software Retained by The Cobalt Group to Develop e-Business Products for the Automotive Industry

    AUSTIN, Texas--March 28, 2001--Momentum Software, a leading provider of Internet and wireless software engineering and systems integration solutions, today announced that it has been retained by The Cobalt Group , a leading provider of e-business products and services to the automotive industry, as one of the company's strategic partners in developing automotive e-business products.
    Working at Cobalt's Dealer Technology Center in Austin, Texas, Momentum Software will assist with the development of the next version of MotorPlace Auto Exchange, the company's online wholesale used vehicle marketplace, enabling automotive dealers to browse thousands of professionally inspected, off-lease vehicles and complete purchases online. Momentum will also participate in developing best-of-breed software to allow automotive dealerships to easily build, maintain and manage their Web presence.
    "We're excited to work with The Cobalt Group on these two important projects," said Will King, Momentum Software's vice president, sales and marketing. "I'm confident that our efforts will help Cobalt further enhance its position as the leading provider of e-business products and services to automotive dealers and manufacturers."
    "Momentum Software is a long-term, proven Internet software developer with demonstrated competence in our selected technologies and in systems integration," said Ron Harter, vice president of product development for The Cobalt Group. "Momentum has an excellent track record of partnering with companies like ours to assist in rapid development of reliable and scalable solutions that enhance e-business product and service offerings."

    About The Cobalt Group

    The Cobalt Group(tm) , headquartered in Seattle, is a leading provider of e-business products and services that help automotive dealers and manufacturers effectively manage their businesses online. Cobalt's suite of e-business solutions includes Web services, Web site hosting, e-commerce applications, Internet-based customer relationship management applications, data management, and best practices training and consulting.
    Nearly half of the nation's auto dealers use Cobalt's technology, including 8,500 Web services clients, and approximately 9,300 PartsVoice(R) (www.partsvoice.com) clients. Cobalt's e-business products and services are endorsed by 15 automotive manufacturers and more than 50 of the 100 largest dealer groups in the United States. Cobalt is the only e-business provider endorsed by the National Automobile Dealers Association.
    Cobalt operates MotorPlace.com(tm) (www.MotorPlace.com), an online business management and industry information resource for auto dealers. At MotorPlace.com, dealers utilize Cobalt tools to manage their Web sites, buy wholesale used vehicles through MotorPlace Auto Exchange, locate and market OEM parts, purchase leads through Pick-or-Pass, and access industry information, news, events, and stock quotes. Cobalt also operates DealerNet(R) (www.dealernet.com), one of the most widely visited consumer automotive information portals on the Web. IntegraLink Corporation, a Cobalt company, is the auto industry's premier provider of automotive data collection and reporting services.
    Cobalt has offices in Seattle, Wash.; Portland, Ore.; Detroit, Mich.; Columbus, Ohio; and Austin, Texas. For more information, please visit www.cobaltgroup.com or call 800/909-8244.

    About Momentum Software

    Momentum Software is the force behind e-business for companies aggressively adapting their businesses to take advantage of opportunities the Internet and wireless communities offer. Based in Austin, Texas, Momentum Software provides software engineering, project management and systems integration to build and implement integrated, scalable and reliable software applications that enable business over the Internet and mobile devices. Momentum Software is a certified partner of SUN Microsystems, Oracle, BEA and Rational Software. The company's clients include BMC, i2, 724 Solutions, Motorola, 3M, Sabre, eLaw, Hire.com, PointServe, The Cobalt Group and Works.com. For more information about Momentum Software, visit http://www.momentumsoftware.com.

Momentum Software(tm) is a trademark of Momentum Software Inc. All other trademarks and trade names referenced in this document are properties of their respective owners.