eBreviate Releases New eSourcing Tools To Identify Savings and Manage Buying for Global Corporations

Spend Management, Deal Management and Sourcing Team Tools Comprise New Technology Offering for Large Purchasing Departments

WALNUT CREEK, California (March 22, 2001) eBreviate, an EDS company offering the market-leading suite of eSourcing tools, technologies and services, today announced the availability of three software tools to enable procurement professionals to track, streamline, archive and manage their strategic sourcing efforts.

These Sourcing Management Technologies enable procurement professionals to easily identify spend categories with the greatest savings potential across an enterprise, publicize approved corporate purchasing agreements to increase purchasing compliance and securely archive sourcing
efforts for future review.

Together, eBreviate's new package is targeted at the growing market of corporations that are moving toward the end-to-end implementation of eSourcing strategies. Goldman Sachs now estimates the software market for strategic sourcing will grow to $2.4 billion in 2005 from $330 million in 2000.

Large center-led corporations are the primary market for these new tools, observed Lawrence Aldridge, former chief procurement officer of ARCO. "The biggest impact of sourcing management technology will be on data visibility — the fact that senior purchasing officers will get meaningful, real-time management information. Corporations will begin to understand their supply chain, suppliers and where their dollars are going."

The new eBreviate software tools are:

Spend Management: Companies will find significant value in these tools due to their ability to rapidly integrate and leverage spend data. Virtually any company that has significant supplier spend will now be able to quickly retrieve that data and leverage purchasing power across the enterprise.

"Global corporations typically cannot identify the categories of greatest purchasing expenditure when gathering data from disparate legacy systems," said Sarah Pfaff, eBreviate executive vice president. "Spend Management addresses this challenge by consolidating information that previously existed in independent accounting systems across the enterprise, then using the data to uncover broad trends in the purchasing practices of the organization."

The tool can be used no matter which accounting system is present. Purchasing executives can identify and address categories that show the greatest savings opportunities for their organization.

Deal Management: Similarly, after the sourcing process has taken place eBreviate's Deal Management Technology ensures compliance with contracts by creating an intuitive, easily
accessible, secure repository of the corporation's contracts. By using internal marketing to promote the hard-won contracts, purchasing can now capture more of the savings and ensure it flows to the bottom line. Deal Management can even channel business to the approved supplier by providing links to web-enabled transaction systems, "sell side" solutions or premier pages.

Sourcing Team Tools: Finally, a complete record of a targeted sourcing process is captured and archived by eBreviate's Sourcing Team Tools. This collaborative web-based workflow management product helps make sourcing efforts a repeatable process instead of an endlessly recreated event. The application enables virtual teaming, a requirement in today's fast paced sourcing environment. Methodologies, templates and results can be easily archived for future sourcing efforts, and accessed throughout the organization, with no restrictions on the type of file that can be captured and stored.

These new eSourcing tools join the rest of eBreviate's sourcing suite, which includes Internet Negotiations (downward and upward auctions), RFPs and Sourcing Surveys, Supplier Search, Supply Market Solutions, eSourcing Management and the eBreviate Academy.

About eBreviate
eBreviate, an EDS company, combines leading-edge technology with market-driven content and in-field services to deliver the best eSourcing solutions to global businesses, governments and net markets. Located in Walnut Creek, California, with regional offices in Plano, Texas and London,
England, eBreviate enables purchasing organizations to become razor sharp and rigorous in what they buy, from whom they buy and under what commercial terms. eBreviate's integrated and automated eSourcing tools take out time, cost, and inefficiency from the procurement cycle. This automation brings greater productivity and accountability to purchasing, while optimizing the way buyers and suppliers qualify, negotiate, and evaluate their business relationships. eBreviate can be
found online at www.ebreviate.com.

About EDS
EDS, the leading global services company, provides strategy, implementation and hosting for clients managing the business and technology complexities of the digital economy. EDS brings together the world's best technologies to address critical client business imperatives. It helps clients eliminate boundaries, collaborate in new ways, establish their customers' trust and continuously seek improvement. EDS, with its management consulting subsidiary, A.T. Kearney, serves the world's leading companies and governments in 55 countries. EDS reported revenues of $19.2 billion in 2000. The company's stock is traded on the New York Stock Exchange (NYSE: EDS) and the London
Stock Exchange. EDS can be found online at www.eds.com.

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