eOutdoors Selects Clarus Settlement To Provide e-Marketplace Online Payment Capabilities; eOutdoors to provide a complete marketplace for the outdoor industry

Business Wire, Oct 4, 2000

Business Editors, Technology Writers

LAFAYETTE, Calif. & ATLANTA--(BUSINESS WIRE)--Oct. 4, 2000

eOutdoors, Inc. (www.eOutdoors.com) has chosen Clarus(TM) (www.claruscorp.com; NASDSAQ:CLRS), a leading business-to-business (B2B) e-commerce software solution provider, to power and provide global payment settlement capabilities for its marketplace. eOutdoors is the first firm to combine a global business-to-business (B2B) e-marketplace exchange for outdoor products and services with a consumer information portal for outdoor enthusiasts. ClarusTM Settlement, the industry's first global settlement portal, will enable eOutdoors' Business Purchasing Exchange participants to provide a complete end-to-end procurement service including secure online payment settlement and reconciliation of its sales.

eOutdoors serves the $850 billion outdoor product market with exclusive content, including streaming videos, live view cams, articles, maps and weather, as well as links to manufacturers' sites. The addition of Clarus Settlement will enable eOutdoors' B2B e-marketplace customers to complete inventory and product purchasing including payment settlement online. Clarus Settlement will also provide efficiencies to the operation of the eOutdoors marketplace, such as reducing the processing and administrative costs associated with payment settlement.

Clarus Settlement is an open, interoperable trading service available through ClarusNet(TM), and is a global solution with full multi-currency settlement capabilities designed to work with any B2B trading platform. The eOutdoors' B2B exchange will run on the Commerce One (NASDAQ:CRMC) MarketSite platform in conjunction with the integration services and e-community development expertise of Sterling Commerce (NYSE:SBC).

"The integration of Clarus Settlement into the eOutdoors Marketplace Exchange enables us to immediately offer global payment settlement capabilities to our members," said G. Nathan Clakley, eOutdoors president. "The ability to efficiently transact business on a global basis furthers eOutdoors' capacity to open new worldwide markets, cut costs and maximize exchange opportunities for all of our partners."

The Clarus Settlement solution is consistent with eOutdoors' vision of creating an easy-to-use marketplace that removes global barriers, expands international markets and extends the business potential for eOutdoors' Member Merchants. eOutdoors will use four of the Clarus Settlement modules including Revenue Management, Buyer and Seller Settlement, Reconciliation and eNetting (aggregation and consolidation).

"Our open, interoperable solution enables eOutdoors to offer value-added services for its marketplace customers," said Steve Jeffery, president and CEO of Clarus. "Adding settlement capabilities to its site completes the procurement cycle; it also makes it more cost effective to do business through the marketplace while adding a convenience for buyers and sellers."

About eOutdoors

eOutdoors, Inc. is the leader and first to build a global business-to-business e-marketplace exchange for outdoor products and services, combined with a consumer information portal for outdoor enthusiasts. eOutdoors' B2B exchange opens new markets, maximizes sales opportunities and enables highly efficient transactions between outdoor merchants, manufacturers and suppliers. In addition, the eOutdoors consumer portal offers exclusive outdoor content including streaming video and audio, free e-mail, live view cams, maps and weather, articles by experts and links to member merchants' businesses. eOutdoors' U.S. market consists of the more than 140,000 suppliers and manufacturers and 1.25 million merchants that cater to outdoor enthusiast--a market valued at over $850 billion annually. eOutdoors is located in Lafayette, California, and can be reached by phone at 877/505-3688 or 925/284-3688, or via the Internet at www.eoutdoors.com.

About Clarus

Atlanta-based Clarus Corporation (www.claruscorp.com; NASDAQ: CLRS), a leader in business-to-business (B2B) e-commerce, provides B2B procurement software and trading services that exploit the global marketplace of the Internet to manage corporate purchasing and enable digital marketplaces. ClarusNet(TM), a fully managed service portal, provides a comprehensive range of critical trading services such as payment settlement, supplier enablement, auctions, integration, and analytics. Designed to provide unprecedented interoperability, ClarusNet enhances the value and speeds delivery of any B2B trading platform including Clarus(TM) eProcurement and Clarus eMarket(TM). Microsoft recently honored Clarus with one of the highest awards possible as the Microsoft Global eCommerce Solution of the Year. Clarus solutions are being deployed at customer sites including Burlington Northern Santa Fe Corp., Cinergy, Comcast Corporation, Gjensidige NOR, MasterCard International, MetLife, Parsons Brinckerhoff, Perot Systems and Wachovia.

THIS PRESS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES ACT OF 1933 AND SECTION 21E OF THE EXCHANGE ACT. ACTUAL RESULTS COULD DIFFER MATERIALLY FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS AS A RESULT OF CERTAIN RISKS INCLUDING THAT THE BENEFITS EXPECTED BY THE COMPANY AS A RESULT OF THIS ANNOUNCEMENT MAY NOT OCCUR.