NeoModal Chooses Mercator to Integrate Logistics Applications with Clients

Business Wire, Feb 1, 2001

Business Editors/High-Tech Writers

WILTON, Conn.--(BUSINESS WIRE)--Feb. 1, 2001

B2B Integration Platform Key to Seamless Supply Chain Execution

Mercator(R) Software, Inc. (Nasdaq: MCTR) today announced that NeoModal, a leading provider of Internet-based logistical software solutions for international shipments, has selected Mercator Commerce Broker to integrate its in-house applications with those of its clients. Mercator Commerce Broker will work as a component in NeoModal's suite of products that enables shippers to more effectively manage their supply chains by leveraging the Internet and thus enhancing operational efficiency.

"As our client roster continued to grow, it was apparent that we needed an integration solution to standardize transactions," said Dick Murphy, CEO of NeoModal. "Mercator's robust integration and transformation technology offers a wide range of diverse capabilities that we can incorporate into our own systems immediately. Their proven track record in the market coupled with Commerce Broker's scalability offered a competitive advantage when examining the host of business-to-business integration solutions available," added Murphy.

NeoModal operates in the $85 billion international ocean containerized freight market, a segment of the estimated $2.7 trillion global logistics industry. NeoModal's five applications--NeoContract, NeoCargo, NeoStatus, NeoSelect and NeoYield--meet the real-world needs of the global logistics industry including online contracting, tracking and tracing, and analysis.

Mercator Commerce Broker provides a single, model-driven integration platform for designing, implementing and managing the interfaces necessary for NeoModal to deliver a seamless transaction. It is the best technology to meet the growing demands of NeoModal's market, while assimilating data across the entire logistical information chain, including information from shippers, carriers, suppliers, manufacturers and third party logistical providers.

"Keeping pace with the new economy is critical for the global logistics industry. The integration solutions that Mercator has implemented in this space enable companies who ship freight to do just that," said Roy King, president and CEO of Mercator. "In selecting Mercator Commerce Broker, NeoModal will be able to rapidly develop the next-generation B2B infrastructure for supply chain execution across the global logistics industry without missing a beat," added King.

About Mercator

Mercator Software, Inc. (Nasdaq: MCTR) integrates electronic information throughout any business enterprise and with the applications of its customers and partners -- while leveraging current technology investments at every step.

More than 5,000 customers across every industry use Mercator software to accelerate and manage their e-business opportunities. Over 100 partners, including application software providers, systems integrators and Net markets, embed or resell Mercator technology to enhance their product or service offerings. Additional information about Mercator can be found at www.mercator.com

About NeoModal

Founded in 1999, NeoModal is a privately held company that develops supply chain management and logistics software delivered via the Internet for companies involved in international logistics. NeoModal provides a portfolio of global logistics solutions that deliver value to shippers, carriers and intermediaries through five supply chain management software applications. Based in Charlotte, North Carolina NeoModal's team is comprised of world-class technology, logistics and financial industry professionals. For more information, please visit www.neomodal.com

Mercator is a registered trademark of Mercator Software, Inc.

Legal Notice Regarding Forward-Looking Statements

Statements in this press release that are not purely historical are forward-looking statements, including statements regarding Mercator Software's beliefs, expectations, hopes or intentions regarding the future. Forward-looking statements in this release include, but are not limited to, statements regarding the growth of the enterprise application market, the demand for the company's application integration solutions and the speed of deployment of new products, including combined Mercator e-business integration broker products. It is important to note that actual outcomes and the company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as changes in demand for application integration or e-business integration software and the company's Mercator e-business integration broker suite of products in particular, the ability of the company to expand its international operations, the ability of the company to manage expanded global operations, the ability of the company to continue to add resellers and other distribution channels, and the success of third parties in utilizing and marketing the company's products, the potential and success of any strategic alliance, the success of the company's strategy, or seasonality in operating results. Readers should also refer to the risk disclosures outlined in the company's reports filed with the Securities and Exchange Commission. All forward-looking statements and reasons why results might differ included in this release are made as of the date hereof, based on information available to the company as of the date hereof, and the company assumes no obligation to update any such forward-looking statement or reasons why results might differ.