American Aircarrriers Support Announces Strategic Investment in SupplyAccess; AAS Technologies to Share in Transaction Revenue for Aerospace Portal

Business Wire, March 1, 2000

Business Edisors

FORT MILL, S.C.--(BUSINESS WIRE)--March 1, 2000

American Aircarriers Support, Incorporated (Nasdaq: AIRS), a integrated aviation maintenance, repair and overhaul service provider announced today that through its newly created subsidiary (AAS Technologies, Inc.) the company has made an equity investment into SupplyAccess(TM). SupplyAccess(TM) is a privately held spin off from En Pointe Technologies (Nasdaq: ENPT) that recently raised $18 million in financing. The financing included investment from TMCT Ventures, Peregrine Systems, Inc. (Nasdaq: PRGN), and Avalon Investments as well as AAS Technologies.

Under the terms of the investment, AAS Technologies and SupplyAccess(TM) will jointly develop and market a business-to-business e-Procurement solution for the aerospace industry. The companies will share the transaction revenue generated from processing online transactions through the aerospace portal.

SupplyAccess(TM) is a robust business-to-business e-Procurement solution for IT products that has already processed in excess of $150 million worth of transactions and over 170,000 purchase orders for numerous Fortune 1000 corporations, government entities and educational institutions. Built using SAP R/3 and Microsoft Site Server technology, the application creates a seamless e-Business linkage, primarily focused on technology infrastructure, by capitalizing on its leading-edge technology and transaction processing expertise. It provides comprehensive IT product procurement information on over 150,000 unique SKUs from leading manufacturers and distributors, and displays them as configurable corporate standards with real-time product pricing and availability. Requisitions created in SupplyAccess follow a comprehensive internal workflow approval process to PO creation, then are tracked through the external supply chain process to final delivery and signature verification at the receiving dock. The application is fully hosted, allowing even the largest customers to be live in less than 30 days with minimal start-up costs, while still capable of any level of desired additional integration with back-end business systems, including SAP, Oracle, Peoplesoft and JD Edwards.

Karl Brown, Chairman and CEO of American Aircarriers Support said, "This investment in SupplyAccess is an example of how AAS Technologies can leverage the infrastructure, intellectual capital and industry relationships of the company into technology related agreements. SuppyAccess(TM) will allow us to combine our extensive products and services with our customers' systems providing an enterprise solution for all their aviation service needs. With our extensive knowledge of the aerospace marketplace for both products and services, and the proven track record of the SuppyAccess(TM) business to business solution, we expect to provide a leading e-Procurement solution for the aerospace industry."

Kevin Schatzle, president and CEO of SupplyAccess(TM) said, "American Aircarriers Support has a unique perspective on the aerospace industry through the various companies it operates in both product distribution and maintenance services. This extensive knowledge will be extremely valuable as we build our e-Procurement solution for the aerospace vertical market. Their worldwide sales and marketing infrastructure will allow us to introduce our solution to a wide range of aerospace customers very quickly."

About SupplyAccess, Inc.

SupplyAccess(TM) is a privately held company with significant ownership by En Pointe Technologies (Nasdaq: ENPT), a major distributor and reseller of technology infrastructure. It provides a web application and portal site that facilitates business-to-business Internet-based direct procurement of a broad line of information technology (IT) and materials, repair and operation (MRO) products and services. It is anticipated it will establish a set of vertical market exchanges for industries such as aviation/aerospace and oil and gas. The procurement tool and direct buying portal site is designed for Fortune 1000 customers who are searching for a complete automated buying application that can be implemented in a matter of days for a minimum setup fee. The SupplyAccess.com network automates MRO and IT product acquisition, from end user requisitioning and approval workflow through electronic product procurement and delivery tracking. Additional product catalogs, including office supplies, equipment, furniture, packaged telecom systems and facilities products, will be available early in the first quarter of 2000.

SupplyAccess(TM) has a portal site that can be visited at www.supplyaccess.com, with a Guest button that can be used to demonstrate most of the features of the client application.

About En Pointe Technologies, Inc.

Dedicated to driving the evolution of the computer reseller business model, En Pointe Technologies, Inc. (ENPT) is a dynamic public company focused on customer satisfaction through applied technology and service flexibility. With over $660 million in fiscal 1999 sales, En Pointe is one of the nation's fastest-growing resellers of IT products and services, directing a team of more than 125 direct sales people from its Los Angeles, California corporate headquarters.