Partner Press Release
CommerceScout Joins RosettaNet as Solution Partner

CommerceScout Network Optimizes Global Product Sourcing Between Buyers and Sellers

For Release October 23, 2000

NEWPORT BEACH

CommerceScout, an innovator in B2B eMarketplace connectivity products, has become a Solution Partner of RosettaNet, a consortium of computer technology companies developing supply chain e-business interface standards.

The partnership will enhance the recently launched CommerceScout Network, an eMarketplace management portal that enhances supply chain efficiency for both buyers and sellers of direct materials. The multiple-marketplace management network requires (a) product information to be aggregated effectively from multiple sources and (b) transactions to be dispersed to multiple eMarkets -- both in real time. RosettaNet's Partner Interface Processes™ (PIPs™), which define business processes between supply-chain partners, provide the models and documents for the implementation of standards, enable the efficient transfer of data, and facilitate transactions. "RosettaNet will heighten our ability to optimize product sourcing between buyers and sellers, with current, accurate and well-organized data," said Thad Johnson, CommerceScout's vice president of product delivery. "The RosettaNet PIPs and product information structures can be integrated throughout the data supply chain to streamline the data and transaction flows - from manufacturer, to eMarketplace, to CommerceScout's client. Customers win because they can procure a product, based on in-depth product information directly from the source, and be confident that their selected product will meet their requirements."

CommerceScout is currently adding a RosettaNet PIP to its parametric search engine for global price and availability to enhance private and public eMarketplace performance.

"CommerceScout can help speed the adoption of RosettaNet standards, and we invite their participation to ensure that our global standards support their multiple marketplace management eCommerce model and other exchanges," said Jennifer Hamilton, RosettaNet's CEO.

About RosettaNet
RosettaNet is an independent, self-funded, nonprofit consortium dedicated to the development and deployment of standard electronic business interfaces to align the processes between supply chain partners on a global basis. More than 300 companies representing over $1 trillion in annual information technology, electronic components and semiconductor manufacturing revenues currently participate in RosettaNet's standards development, strategy and implementation activities. A complete list of member companies and more information on RosettaNet can be found at www.rosettanet.org.

About CommerceScout
Founded in 1999, CommerceScout is the first company to develop and deploy next-generation multiple eMarketplace connectivity and commerce messaging tools, initially focused on electronic components and chemicals. CommerceScout offers direct materials commerce comparison and decision support tools to expedite activities such as quoting, integrated MRP/ERP volume and replenishment purchases, and marketplace analytics. The company is funded by venture capital firms Weiss, Peck & Greer and Edgewater Funds.

CommerceScout is based in Newport Beach, Calif., and can be reached, toll free, at 866-GO SCOUT (467-2688) or via e-mail at info@commercescout.com. Web address is www.commercescout.com.