Navidec Sells Portion of Holdings in CarPoint, Inc.

GREENWOOD VILLAGE, Colo., May 29 Navidec, Inc. , a leading provider of innovative e-business solutions and services reported the sale of 12,258,300 shares of common stock of CarPoint, Inc. to CP.com Holdings, Inc., an affiliate of Microsoft Corporation. Net proceeds of the sale were $6.9 million. Navidec will continue to retain ownership of 1,050,000 shares of CarPoint, Inc. As a result of the transaction, Navidec will incur a non-operating loss of approximately $750,000. Navidec acquired its holdings in CarPoint in September 2000, in connection with the sale of its holdings in DriveOff.com, Inc. to CarPoint.

About Navidec, Inc. Navidec, Inc. is a market-driven leader in providing quality integrated e-business solutions and services that transform traditional enterprise into e-businesses. Utilizing its time-tested Npact process, Navidec defines, builds and manages cost effective, custom Internet solutions that deliver meaningful and measurable progress toward an organization's e-business vision. Navidec's corporate Web site is http://www.navidec.com. For more information contact Navidec, Inc. at 303-222-1000.