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SupplySolution Secures $20 Million in Financing

5 September 2000

SupplySolution Secures $20 Million in Financing
               DLJ's Sprout Group Leads Second Round of Funding

   SOUTHFIELD, Mich., Sept. 5 SupplySolution, providers of
i-Supply(TM) Service, an Internet B2B service that provides real-time
collaborative inventory management for the automotive supply chain, has
announced that the company has raised $20,125,000 million in financing in its
second round of funding.  This second series investment was led by The Sprout
Group, the venture capital affiliate of Donaldson, Lufkin & Jenrette (DLJ),
and included several first round investors, most notably Enterprise Partners
and Sigma Partners, bringing the total amount invested in SupplySolution to
more than $27 million to date.
    "This significant investment enables SupplySolution to continue to develop
our existing and future product and service offerings, expand our existing
sales and service areas and support company growth," said Stephen Bell,
SupplySolution president and CEO.  "We feel that The Sprout Group's support is
a testament to our business model and market potential."
    SupplySolution's i-Supply(TM) Service provides a streamlined method of
Collaborative Inventory Management, as well as EDI services via the Internet.
The i-Supply(TM) Service provides real-time online collaboration for
fulfillment of direct materials, combined with traditional EDI and XML
messaging capabilities.
    "i-Supply has revolutionized buyer-supplier interactions in the automotive
industry.  Its real-time communication capabilities have in essence created a
simpler, more efficient solution to supply chain collaboration," said Rakesh
Sood, General Partner at The Sprout Group.  "As SupplySolution continues to
develop more innovative products and services, we are pleased to invest in the
future of this company."
    "This investment will enable SupplySolution to build and deliver an
increasing range of Internet supply-chain services for its customers," Bell
commented.  "Our goal is to offer our subscribers a full range of supply-chain
services that enable them to effectively collaborate with their trading
partners from design through production.  This additional funding provides us
with the capital to do so."