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Future Three Finalizes Agreement with Summit Partners

30 June 1998

Future Three Finalizes Agreement with Summit Partners
    NORTHVILLE, Mich., June 30 -- Northville, Michigan based
Future Three, Inc., developer of EDI and Supply Chain Management Software
applications for automotive suppliers, has reached an agreement with Summit
Partners (Boston, Mass.) to pursue a partnership with Summit taking a
significant equity position in the company.  Since its inception in 1983,
Future Three has experienced tremendous growth and hopes to augment its
historic success with the assistance of a professional technology investor
like Summit.  The Company's current flagship products, AutoRelease and
VendorRelease, are considered the automotive industry standards for EDI and
Supply Chain Management.
    "We are pleased to have reached an agreement with Summit," explained
Future Three's CEO Walter Keyes.  "With Summit, we not only receive the means
to expand our product and service offerings, we also align with a financial
partner of considerable knowledge and leadership within the software
industry."  Within EDI, the number of large ERP vendors is on the rise, and
Keyes has managed to keep Future Three "vendor neutral."  Keyes notes this
strategy will not change going forward with Summit.  "As a result of the
agreement, we retain the flexibility and autonomy to provide our customers
with the highest quality software and services and to maintain the support of
joint sales efforts with our valued industry software marketing partners,"
commented Keyes, earlier this morning.
    Future Three, Inc., headquartered in Northville, Michigan, develops EDI,
release accounting, and shipping control applications specifically engineered
for high-volume automotive suppliers.  Future Three has been providing world-
class solutions for automotive suppliers' EDI demand management needs since
1983.  Additional information about Future Three's products and services can
be obtained by contacting the Company at 800-444-2488 or via the Internet at
http://www.future3.com.
    Summit Partners is a large private equity firm with offices in Boston and
Palo Alto.  Summit manages over three billion dollars for its limited
partners, which consist of Fortune 500 corporations, pension funds and
university endowments.  Summit invests in rapidly growing, profitable and well
managed information technology companies.  Established in 1984, Summit has
since invested in over 180 companies and in the last three years has completed
more than forty public offerings from within its portfolio.  Additional
information about Summit can be obtained by contacting the Company at
617-824-1000 (Boston) or 650-321-1166 (Palo Alto).  Further information can be
obtained via the Internet at http://www.summitpartners.com.