Partner Press Release
Chartered Semiconductor Deploys the webMethods Integration Platform

Automates Data Exchange with 11 Leading Semiconductor Companies and Partners

For Release May 27, 2003

SINGAPORE and FAIRFAX

webMethods, Inc., the leading independent provider of integration software, today announced that Chartered Semiconductor Manufacturing Ltd. (SGX-ST: Chartered), one of the world's top three silicon foundries, has successfully deployed the webMethods Integration Platform to automate supply chain data exchange with 11 leading semiconductor companies and partners.

Using the webMethods Integration Platform, Chartered has connected its back-end business systems, such as electronic product testing, production monitoring and enterprise resource planning systems, directly with its customers' and partners' proprietary systems. This has enabled these companies to benefit from real-time access to Chartered's information on work-in-process, product order, shipping and product testing status. By providing end-to-end connectivity, human data handling has been minimized, resulting in enhanced data integrity and accuracy.

Additionally, the webMethods Integration Platform supported Chartered's need for RosettaNet-based data exchange formats, which are increasingly becoming adopted as an industry standard for secure electronic communication between foundries and their customers, suppliers and marketing partners. webMethods' flexible, standards-based integration platform also satisfied Chartered's requirements for additional data and transportation formats, such as EDI, customized XML messages and email transfers via SMTP and HTTPS.

"Chartered collaborates with its customers to jointly define and develop solutions, not only in technology and manufacturing, but also in shaping business models," said Clay Miller, senior director of IT business systems at Chartered. "At the initial stage, Chartered has aligned with its customers and partners on the RosettaNet-based data exchange formats. By implementing webMethods, Chartered was able to establish connectivity between its business systems, thus enhancing information transparency and providing customers with greater control over their outsourced manufacturing environment at Chartered."

"webMethods is pleased to deliver Chartered with a flexible and scalable foundation for improved business operations and a streamlined communication platform with its supply chain partners," said Maruf Majed, vice president of webMethods Asia. "Our commitment to supporting and implementing RosettaNet-based standards has positioned webMethods as the solution of choice for the high-tech industry."

About webMethods, Inc.

As the leading independent provider of integration software, webMethods, Inc. delivers the industry's most comprehensive platform for enterprise-wide integration, including complete support for Enterprise Web Services. The webMethods' Integration Platform allows customers to achieve quantifiable R.O.I. by linking business processes, enterprise and legacy applications, databases, Web services and workflows both within and across enterprises. Through this seamless flow of information, companies can reduce costs, create new revenue opportunities, strengthen relationships with customers, substantially increase supply chain efficiencies and streamline internal business processes.

Founded in 1996, webMethods is headquartered in Fairfax, Va., with offices throughout the US, Europe and Asia Pacific. webMethods has more than 900 customers worldwide including Global 2000 leaders such as Bank of America, Citibank, Dell, Eastman Chemical, The Ford Motor Company, Grainger and Motorola. webMethods' strategic partners include Accenture, AMS, BearingPoint, BMC Software, BroadVision, Cap Gemini Ernst & Young, CSC, Deloitte Consulting, EDS, HP, i2 Technologies, J.D. Edwards, SAP AG, Siebel Systems and TCS. More information about the company can be found at   http://www.webmethods.com/ .

webMethods is a registered trademark of webMethods, Inc. in the USA and certain other countries. All other company and product names are the property of their respective owners.

This press release contains various remarks about the future expectations, plans and prospects of webMethods that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. The actual results of webMethods may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed under the heading "Factors That May Affect Future Operating Results" in the Business section of webMethods' Form 10-K for the year ended March 31, 2002 and in the Management's Discussion and Analysis section of webMethods' Forms 10-Q for the quarters ended June 30, 2002, September 30, 2002 and December 31, 2002, all of which are on file with the U.S. Securities and Exchange Commission. webMethods disclaims any obligation to update or correct any forward-looking statements made herein due to the occurrence of events after the issuance of this press release. webMethods, Inc.