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PSA Peugeot Citroen Selects Convera's RetrievalWare for Extranet and Enterprise-Wide Intranet Initiative

    VIENNA, Va.--Dec. 10, 2002--

60,000 Employees in 140 Countries Benefit from Fast, Accurate Access
    to Multilingual Corporate Data

    Convera today announced that PSA Peugeot Citroen Group, the world's sixth largest automobile manufacturer, is using Convera's RetrievalWare(R) search, retrieval and categorization technology to provide 60,000 employees in 140 countries with simple and secure access to a vast array of multilingual documents stored on its corporate Intranet.
    RetrievalWare also has been deployed on the company's Extranet site and is used by nearly 40,000 partners and customers. The contract was awarded after an evaluation process in which Convera and eight other vendors were compared and judged using 150 different selection criteria.
    "We selected Convera's RetrievalWare solution because it is modular and scalable. Its search capacities are based on quality semantic networks and its technology is outstanding when it comes to finding answers to imprecise queries," explains Michel Raulet, Project Manager of the PSA Skill Centre.
    Prior to the installation of RetrievalWare, the PSA Peugeot Citroen Group maintained more than 200 Intranet sites around the world. With RetrievalWare, employees are now able to use a single log-on to search for documents across all the Intranet sites. Company statistics show that on average PSA carried out 1,700 searches a day with 20 searches per minute at peak times.
    At its peak, one search per second was recorded.

    About Convera's RetrievalWare

    RetrievalWare is a high-performance multimedia, cross- and multi-lingual search system that allows broad flexibility and scalability for implementation across corporate intranets and extranets.
    RetrievalWare enables users to index and search a wide range of distributed information resources, including text, video, image and audio files, HTML, XML, over 200 proprietary document formats (such as word processors and publishing systems), relational database tables, document management systems, and groupware repositories.
    Advanced search capabilities include concept and keyword searching, pattern searching, and query-by-example. RetrievalWare excels in distributed client/server environments with thousands of users, documents, images, and/or multiple media assets.

    About Convera

    Convera is a leading provider of mission-critical enterprise search, retrieval and categorization solutions. Convera's RetrievalWare(R) solutions maximize return on investment in vast stores of unstructured information by providing highly scalable, fast, accurate and secure search across more than 200 forms of text, video, image and audio information, in more than 45 languages.
    More than 750 customers in over 29 countries rely on Convera's search solutions to power a broad range of mission-critical applications including enterprise portals, knowledge management, intelligence gathering, profiling, corporate policy compliance, regulatory compliance, customer service and more.
    For more information, contact Convera at 800-788-7758, via e-mail at info@convera.com or on the Web at www.convera.com.

    About PSA Peugeot Citroen

    PSA Peugeot Citroen, strengthened by its two broad line brands, is ranked number two of carmakers in Europe with a market share of 15 % in 2001. Based in more than 140 countries all over the world, the group sold 3.1 million vehicles in 2001 and has set a sales target of 3.5 million vehicles for 2004.
    Ranked number six worldwide, PSA Peugeot Citroen has enjoyed the strongest organic growth in the last four years. The group's objective is to launch 25 new models between 2001 and 2004, compared with 9 between 1997 and 2000. For more information, visit the website: http://www.psa-peugeot-citroen.com.

    This release, including any statements from Convera personnel, contains statements about Convera's future expectations, performance, plans, and prospects, as well as assumptions about future events. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, business and economic conditions and trends; continued success in technological advances; possible disruption in commercial activities caused by terrorist activity and armed conflict, such as changes in logistics and security arrangements; reduced customer demand relative to expectations; competitive factors; and other risk factors listed from time to time in the company's SEC reports. Actual results may differ materially from our expectations as the result of these and other important factors relating to Convera's business and product development efforts, which are further described in Convera's filings with the Securities and Exchange Commission. These filings can be obtained from the SEC's website located at www.sec.gov. Any forward-looking statements are based on information available to Convera on the date of this release, and Convera assumes no obligation to update such statements.

    The Convera design logo and the following are worldwide trademarks of Convera: Convera(TM), RetrievalWare(R), and Screening Room(R). The names of actual companies and products mentioned herein may be the trademarks of their respective owners.