Xceed Partners With Castrol North America Inc.; Xceed to Assist in the Development of Online Vision And Strategy

Business Wire, March 21, 2000

Business & Online Editors

NEW YORK--(BUSINESS WIRE)--March 21, 2000

Xceed Inc., (NASDAQ: XCED), interactive architect and solutions builder, announced that it has been selected by Castrol North America Inc., an international leader in automotive lubricants, as their Preferred Internet Architect. The partnership between Xceed and Castrol North America will include the development and implementation of Castrol's online vision and strategy.

"Xceed will bring its considerable experience in all aspects of e-business to the Castrol North America alliance," said Scott Mednick, chairman and chief strategic officer of Xceed Inc. "It is clear that Castrol is eager to meet the challenges of developing and implementing a comprehensive Internet strategy. Xceed is pleased to be working with Castrol on their online needs and being an integral part of their online success."

"Partnering with Xceed will allow us to realize our online strategy and vision," said Lauren Segal, Marketing Internet Manager of Castrol North America. "We value Xceed's experience and enthusiasm as an interactive architect in the online space, and look forward to a long and productive relationship."

About Castrol North America

Castrol(R) North America, Inc. markets leadership brands Castrol GTX(R), Castrol SYNTEC(R) and Castrol SYNTEC BLEND motor oils, and the Castrol SUPER CLEAN line of cleaners, in the automotive aftermarket. Castrol(R) North America is the principal company of the Lubricants Division of the Castrol International Group, the world's leading international lubricants marketer. With a reputation for innovation and high-performance automotive products, Castrol is an internationally recognized brand name in the consumer, commercial, marine and industrial markets.

About Xceed Inc.

Xceed (www.xceed.com) helps companies develop e-commerce and e-business solutions, improving people and business performance through communication tools, techniques, and technologies. With over 450 professionals, Xceed is headquartered in New York City with offices in San Francisco, Los Angeles, Phoenix, Salt Lake City, Chicago, Atlanta, Dallas, Denver, Amsterdam, London and Riyadh.

IMPORTANT NOTE:

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements involve risks and uncertainties, including timely development and upgrades to existing products, the impact of competitive products and pricing, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC). In particular, the Company's Form 10-K filed with the SEC in 1999 for the year ended August 31, 1999 should be referenced.