Subaru-Isuzu Automotive Inc. Selects Eventra's VendorSite SRM Software to Manage Its Inbound Supply Chain

Business Wire, August 20, 2001

Business/Hi-Tech Editors & Automotive Writers

MILFORD, Conn.--(BUSINESS WIRE)--Aug. 20, 2001

Eventra, Inc. a leading provide of Internet-based Supplier Relationship Management (SRM) solutions, announced today that it has signed a contract with Subaru-Isuzu Automotive Inc. (SIA), manufacturer of Subaru automobiles and Isuzu SUVs.

SIA will use Eventra's VendorSite solution to manage its direct materials supply chain for Subaru production and after-market Suppliers.

SIA becomes the latest major manufacturer to choose VendorSite - an Internet-based SRM solution that provides manufacturers with a window into their direct materials supply chain. Using VendorSite, SIA will link suppliers to its parts ordering, scheduling, and delivery systems via standard Internet/web browser access.

Bill Howard, Senior Manager, Information Systems at SIA said, "the VendorSite platform appears to be a strategic alternative to traditional EDI, and since several of our suppliers have limited ability to launch and support traditional EDI - VendorSite becomes a very realistic and affordable alternative."

SIA's decision follows the completion of a successful pilot program conducted during the second quarter of this year in which SIA tested VendorSite's ability to enable faster, more reliable business transactions with their suppliers. Seven of SIA's largest suppliers participated in the pilot.

"Our larger suppliers have rated the VendorSite system to be a reliable and dependable resource for processing our parts ordering and shipping transactions" Howard added.

About Eventra, Inc.

Founded in 1998, Eventra (www.eventra.com) is the leading SRM software provider wholly focused on the direct material supply chain. Its VendorSite SRM solution enables manufacturers and their suppliers to exchange the full range of planning, scheduling, shipment and payment information online to streamline direct materials procurement and planning processes. Through VendorSite's integration with ERP/MRP and legacy systems, automated advance shipment notices, barcode labeling and extensive data mining capabilities further extend its value. In addition to SIA, Eventra's customers include Blue Bird Corporation, Kaman Aerospace, Pitney Bowes and a growing list of aerospace, automotive and heavy equipment manufacturers.

About SIA

Subaru-Isuzu Automotive Inc. is a joint venture between Fuji Heavy Industries Ltd. of Japan (Subaru) and Isuzu Motors Ltd. of Japan. Subaru pioneered the concept of the passenger car/sport utility vehicle with the introduction of the Subaru Outback, the "World's First Sport Utility Wagon." Subaru has been the best-selling import wagon in America for the past 18 years, based on the Polk Company retail registration statistics as of 12/31/99.

All Subaru Legacy and Outback models marketed in North America are produced at the SIA manufacturing plant near Lafayette, Indiana. Over the past eight years, the company has seen its sales increase by nearly 100 percent thanks to its popular line of car-based sport utility vehicles, and is among the fastest growing brands in the automobile industry. General Motors has recently become part-owner of Subaru.