PSA Peugeot Citroen Joins Covisint

              Automaker Looks to Industry Exchange to Streamline
                       Business-to-Business Operations

    DETROIT, May 22 Covisint's Board of Directors today
announced that the sixth-largest car manufacturer in the world, French
automaker PSA Peugeot Citroen, has committed to take an equity stake in the
automotive e-business exchange and will begin conducting business-to-business
operations worldwide on Covisint.  The company, which last year sold 2,816,000
units worldwide, accounts for more than 5% of the global automotive market.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/20010322/DETH002LOGO )
    "PSA Peugeot Citroen's decision to join Covisint clearly indicates its
leadership among global automakers as a company intent on harnessing the power
of the Internet for the ultimate benefit of its customers," said Kevin W.
English, chairman, president and CEO of Covisint, L.L.C.  "We welcome them to
the Covisint family."
    PSA Peugeot Citroen will make use of Covisint's supply chain management,
collaborative e-commerce and procurement capabilities through a portal that
allows the company to reflect its own valuable brand presence to its
suppliers.
    "The comprehensiveness and strength of the Covisint product offerings made
this a logical decision for our company," said Herve Guyot, vice president,
Purchasing, PSA Peugeot Citroen.  "Covisint fits well with other business-to-
business initiatives being developed within our own organization.  The
addition of Covisint's products to the other technology initiatives we are
implementing should present us with significant opportunities to gain real
value for our company, our suppliers and our customers."
    Financial details of the agreement are not being released.  PSA Peugeot
Citroen will join the Covisint European Advisory Council when it is
established later this year.

    About Covisint:
    Covisint, L.L.C. is a global, independent e-business exchange providing
the automotive industry with leading collaborative product development,
procurement and supply chain tools that give its customers the ability to
reduce costs and bring efficiencies to their business operations.  Developed
by DaimlerChrysler, Ford, General Motors, Nissan, Renault, Commerce One and
Oracle, Covisint is currently located in Southfield, Mich.  Covisint Europe
B.V. is headquartered in Amsterdam.  The company has also established an
office in Tokyo.  For more information about Covisint, visit http://www.covisint.com

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