Nistevo Announces 2005 Results; Leading On-Demand Provider's Revenue Grows By 37+%, EBITDA grows 30+%

MINNEAPOLIS--Jan. 2, 20063, 2006--Nistevo Corporation, the leading Collaborative Logistics Network(SM) for transportation management, today announced results for the 2005 fiscal year.

New customer contracts drove the company's annual revenue up by more than 37%. At the same time EBITDA grew by more than 30%. The company's earnings growth will be used to drive additional R&D, and invest in corporate and business development.

2005 results follow solid results from prior years. The company's revenue growth has exceeded 35% for each of the past three years. The company enjoyed significant backlog growth as customers continue to sign multi-year agreements, many of which extend beyond 2010. The growing backlog provides excellent revenue and earnings visibility given the company's ability to scale revenue faster than expenses.

"We are generally happy with our financial performance," said Kevin Lynch, President and CEO. "We will re-invest earnings in two areas: R&D to drive innovation; and business development efforts to further expand market share."

Innovation as a Competitive Advantage

Nistevo's on-demand platform serves all of its customers using a single software instance. The company's innovative product development process enables it to release new features monthly, dramatically increasing the rate of innovation for their customers.

"As our market matures, innovation separates the leader from its smaller competitors." explained Mr. Lynch. "Our strong financial performance allows us to invest and innovate faster than unprofitable competitors."

Business Units Grow, Vertical Markets Added

The company's innovation strategy produced 2005 market share dividends. The company experienced growth in both its SMB Business (customer revenues between $100 M and $500M) and its Enterprise Business (customer revenues between $500M and $10B). In addition, the company entered two new vertical markets in 2005 - discrete manufacturing and chemical. Growth in new vertical markets is further indication of market adoption.

About Nistevo Corporation

Nistevo is the leading Collaborative Logistics Network(SM) for transportation management, an on-demand software service that enables manufacturers, retailers, distributors, logistics service providers and carriers to view, plan, execute, settle and report on their shipments. Using the Network, members are managing more than five million shipments annually, resulting in significant cost savings for freight moved. Nistevo's clients include Church & Dwight Co., The Dial Corporation, Tractor Supply, Ocean Spray, Smithfield Foods, Cargill, General Mills, HP Hood and Seneca Foods, among others. For more information, visit www.nistevo.com.