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New B2B Web Portal Ready to Facilitate Easy Purchase Order

9 March 2000

New B2B Web Portal Ready to Facilitate Easy Purchase Order And Sales Order Processing

    MOUNTAIN VIEW, Calif., March 9 SendOrder.com today
announced the general release of its free web-based service -- their
SendOrder.com Commerce Interchange(TM).  Focusing on the fulfillment side of
supply chain management, the SendOrder.com Commerce Interchange lets buyers
and sellers securely send order information in a variety of formats over the
Internet.  These orders can be purchase orders placed with suppliers, sales
orders received from customers, or both.  "Businesses of any size can now use
http://www.SendOrder.com's free service to send and track orders on the Net," said
Steve Mezak, CEO of SendOrder.com and EDI expert.
    This is SendOrder.com's first step in a comprehensive strategy for making
B2B commerce available to companies of all sizes.  XML and EDI interfaces to
the Commerce Interchange will be available to manufacturers and vertical
portals or marketplaces in upcoming versions planned for Q2-2000.  The company
is currently working closely with business customers who are actively using
the free web-based software service for purchase order processing.
    SendOrder.com is addressing a complex problem common to buyers and sellers
in businesses everywhere:  processing of volumes of their purchasing and sales
orders with a diverse set of trading partners.  Once a purchase decision has
been made, buyers and sellers routinely feel "pain" in accurately placing,
expediting, and reconciling orders with a variety of vendors or customers.
    To solve this problem, the SendOrder.com web-based service provides
business buyers and sellers a common, real-time view of all orders as they
make their way through various stages of fulfillment.  This solution
implements a hosted central hub or portal where each trading partner uses one
connection to send multiple order fulfillment transactions.  This hub, called
a Commerce Interchange, has four main functions:  (1) Transaction Management,
(2) Data Translation, (3) Messages and Alerts, and (4) Order History and
Archive.

    Innovating Internet-based Order Processing
    "Even in today's lightning-paced business climate many companies are still
sending, receiving and trying to track the status of each order with dozens or
even hundreds of vendors with the phone and fax!" points out CEO Steve Mezak,
who has also been a founder and driving force at two previous e-commerce
companies.  "Meanwhile, similar activities are attempted with mixed success at
large corporations through the use of EDI (Electronic Data Interchange).
These peer-to-peer solutions do not scale to large, efficient and dynamic
trading partner communities.  SendOrder.com is bringing this all to the web
with our Commerce Interchange.  This tool is now available to expand the reach
and functionality of EDI, fax, and phone to help bring businesses increased
efficiency and better bottom lines."
    SendOrder.com goes beyond mere document translation and delivery with its
scalable, yet easily deployable commerce Interchange.  Companies and business
communities can further use the service to model and implement Best Practices
in fulfillment business processes throughout their supply chains.

    "Today's announcement is an exciting first step in our strategy to enable
all companies to transact business electronically."  Mezak continues,
"SendOrder.com is poised to be a business-to-business 'Killer App' -- the
pre-eminent buyer-seller communications software service.  It is easy to use
without sacrificing the power and versatility that is required to make fast,
reliable procurement decisions for companies up and down a supply chain."

    About SendOrder.com
    SendOrder.com's mission is to simplify commerce by providing an
economical, easy to use service for companies to transact business
electronically.  Its state of the art Commerce Interchange technology provides
a solid B2B E-Commerce framework for buyers and sellers to send and track
order information over the Internet, while also supporting best practices in
Fulfillment.  With its messaging feature SendOrder.com provides order status
notification via pager, e-mail or fax to assure clear communications and fast
cycle times, allowing purchasers to get the most out payment terms.
    The New York Times recently reported, "B2B transactions are expected to
rise from $145 billion last year to $2.3 trillion in 2004, according to the
Gartner Group."  In addition to the free basic service being announced today,
SendOrder.com offers companies fee-based integration to legacy ERP or
accounting systems with its Silver, Gold and Platinum services.  Premium
features are available through subscription fees.  The company has initiated a
reseller program for VARs, consulting firms, portals and ASPs.  It is also
exploring technology partnership opportunities with companies offering related
products or services.
    SendOrder.com was incorporated in June, 1999.  In October, 1999 the
company completed a round of private funding from several Silicon Valley
individuals experienced in building technology-based companies.  The funds are
being used for product development, initial staffing and launch activities,
and for the establishment of company headquarters.
URL: http://www.sendorder.com