Press Release

FOR IMMEDIATE RELEASE

PROMATIS AND OTP SOFTWARE TEAM UP TO IMPLEMENT BUSINESS PROCESS MANAGEMENT SOLUTIONS IN THE U.S. MARKET

PALO ALTO, October 19, 1999 – PROMATIS,  a leading European developer of IT solutions, and OTP Software, Inc., a leading IT integration organization, today announced that they have signed a Business Alliance Agreement to promote PROMATIS’ INCOME products to OTP Software’s Oracle Applications user base in the U.S.  As a reseller and implementer of PROMATIS’ Business Process Management solutions, OTP Software will be able to help companies optimize Business Processes and support organisers, system analysts, process managers and management consultants with their tasks.

OTP Software develops, implements and administers packaged ERP, CRM and e-commerce applications, databases and Internet-based information systems.  PROMATIS specializes in components and solutions for the design, control and monitoring of Business Processes, using Oracle technologies as an integrating platform . Under the product name INCOME, PROMATIS offers an integrated package of methods, tools and services which support these tasks.

 “We are extremely pleased to have OTP Software as one of our key system integrators,” said Thomas Kessler, PROMATIS’ vice president of U.S. sales.  “OTP’s  Oracle Applications expertise, combined with PROMATIS’ components and solutions for workflow, business intelligence, and business processes will help a lot of U.S. companies leverage their ERP systems to an unprecedented degree.”

Another strength of the  OTP Sofware and PROMATIS partnership will be to broaden the selection for integrated e-commerce/Oracle ERP solutions.  As part of their Business Alliance,  the companies also agreed to support OTP Software’s IBM Net.Commerce/Oracle ERP integration and PROMATIS’ Intershop/Oracle ERP integration in their U.S. and European markets.  “Oracle Webstore, Intershop, and IBM Net.Commerce are all excellent products for leveraging the ‘e’ in ERP,” said Peter Liljegren, OTP Software’s managing partner “we want to give our customers a choice between those systems for best fit functionality, TCO, and suitability to their business.  Our agreement to resell e-commerce integration cartridges is clearly a step in the right direction.”

Companies interested in learning more about the PROMATIS and OTP Software Business Alliance should contact Peter Liljegren (OTP Software) at 650-853-7160 or Thomas Kessler (PROMATIS )at 925-904-0382.

About OTP Software, Inc.

OTP Software, Inc. (www.otpsoft.com), a member of the OTP Group develops, implements and administers packaged ERP, CRM, and e-commerce applications, databases and Internet-based information systems.  The Company’s competencies include the delivery of functional and technical solutions as well as the development, implementation and support of EAI products.  OTP Software’s rapidly growing consulting practice has over 120 consultants and eight business development professionals based out of offices in the San Francisco Bay Area, Southern California and New York City.  The Company’s primary architecture platforms include Oracle, SUN and IBM.  To accelerate access to leading-edge technologies, OTP Software builds strategic relationships with “high potential” private companies and Internet start-ups.  Founded more than 10 years ago, OTP Group is an IT management implementation and product development firm.  For more information, please call toll-free, 1.877.324.4700 or e-mail, amigo@optsoft.com.

Please visit our booth at the Oracle Open World in the Los Angeles Convention Centre between November 14th and 18th. We are located in the e-commerce Partner Pavilion.

About PROMATIS.

PROMATIS (www.promatis.com) has been an Oracle business partner nationally and internationally since its foundation in 1990. The company offers a wide range of products for Business Process Management and Business Inteligence, as well as consulting, training and development services.  Through cooperation with industry leaders and major research institutes for Information Technology,  PROMATIS has established itself as a leader for Business Process Management technologies. For more information, please call our US office at  925 904 0380, or e-mail, thomas.kessler@promatis.com. Please visit our booth at the Oracle Open World in the Los Angeles Convention Centre between November 14th and 18th  (Booth #  234).

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