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EMPTORIS NAMED "BEST OF THE WEB" BY FORBES MAGAZINE

Collaborative Strategic Sourcing Software Provider Cited as Key B2B Technology Enabler


Burlington, Mass., August 13, 2001 - Emptoris, Inc., a leading provider of Web-based collaborative strategic sourcing solutions, today announced that it was recently selected by Forbes Magazine as one of the top business-to-business (B2B) technology enablers in the publication's "Best of the Web B2B Directory, Summer 2001." Forbes editors conferred with industry experts to compile a list of the most promising B2B companies in 26 different industries. This year's companies were evaluated on strategy, execution, financial staying power and their websites. To read more please go to http://www.forbes.com/bow/b2b/main.jhtml.

Emptoris' ePASS, a Web-based collaborative strategic sourcing solution, enables enterprises to streamline the strategic sourcing process, determine the optimal supply base allocation, and forge tighter buyer/supplier networks. ePASS customers include Samsung America, Molson, Staples and VerticalNet.

"Emptoris is pleased to be recognized by Forbes Magazine as a leading B2B technology enabler," said Avner Schneur, president and CEO of Emptoris. "Our goal is to be the leader in providing strategic sourcing solutions that help enterprises reduce the time it takes to source essential goods and services, and dramatically cut sourcing costs. Being named to Forbes 'Best of the Web B2B Directory,' along with our recent customers wins, such as Staples and Molson, is evidence that we are succeeding in reaching this goal."

About ePASS
By implementing Emptoris' ePASS, multiple purchasing organizations across an enterprise can efficiently aggregate and disseminate their sourcing needs to their primary suppliers. Using ePASS' collaborative sourcing capabilities, primary suppliers can interact with other suppliers to quickly respond to the buyers' overall demand. Through ePASS' optimization-based decision support technology, buyers can quickly analyze all purchasing scenarios through scientific algorithms to come to the optimal supply base allocation. Combining advanced collaboration, sourcing event management and decision support capabilities, ePASS enables enterprises to streamline the strategic sourcing process, determine the optimal supply base allocation, and forge tighter buyer/supplier networks, allowing buyers to lower the total cost of ownership while enabling suppliers to differentiate themselves through product criteria, historical performance and flexible pricing structures. A flexible, end-to-end strategic sourcing solution, ePASS is offered either through a software license or as a hosted application, and can be easily integrated and customized through Emptoris' industry-leading professional services.

About Emptoris, Inc.
Emptoris is a leading provider of collaborative strategic sourcing solutions that support the end-to-end sourcing activities of multi-tier buyer/supplier networks. By implementing ePASS™ (Electronic Procurement Application for Strategic Sourcing), enterprises can streamline the strategic sourcing process, determine the optimal allocation of business among suppliers, and forge tighter buyer/supplier networks. Through a functionally rich sourcing and communications platform, ePASS facilitates efficient buyer/buyer, buyer/supplier, and supplier/supplier collaboration. Key benefits include lower costs, shorter sourcing cycles, and improved sourcing productivity. Emptoris, a privately held company, is headquartered in Burlington, Massachusetts.

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