Indus International and eSASA Announce Strategic Alliance to Extend B2B-Enabled Enterprise Asset Management Solutions

Business Wire, June 27, 2001

Business Editors & High Tech Writers

ATLANTA--(BUSINESS WIRE)--June 27, 2001

Solution Enables Indus Clients to Use Asset Management Tools

to Integrate the eSASA Marketplace

Indus International, Inc. (NASDAQ: IINT), the leading provider of Enterprise Asset Management (EAM) software solutions, and eSASA Corporation, owner and operator of the eSASA Marketplace today announced an alliance that will expand existing Indus solutions related to identification and disposal of surplus assets across a client's enterprise to achieve cost optimization in the supply chain.

eSASA operates a global marketplace providing eCommerce services related to the buying and selling of surplus assets for power generating facilities and other large industrial operations. The eSASA Marketplace is supported by eSASA's global field operations with personnel actively working with customers seeking surplus assets. This expansion will allow Indus customers to post surplus items to the eSASA Marketplace via IndusConnect which can then be accessed by other parties interested in purchasing that equipment. The maintenance history of the surplus equipment will also be attached to the posting, greatly increasing the value of the surplus item in the Marketplace. Now Indus clients will also be able to access the eSASA Marketplace via IndusBuyDemand to review available equipment and make informed equipment purchases.

Companies in capital intensive industries use Indus solutions to optimize the performance of their facilities including maximizing plant efficiency and minimizing inventory and overhead costs. Management of surplus equipment and parts are key elements of this process. While Indus solutions have always provided surplus analysis tools, the direct linkage with the eSASA Marketplace now offers an integrated work-flow to offer those surplus items to potential buyers.

"We believe that this alliance will help Indus clients to further optimize their supply chain operations and take advantage of the growing market for surplus equipment worldwide," said John Harrison, founder and CEO of eSASA. "There is a growing demand for used power generation and other heavy industrial equipment. The critical aspect is the linkage of the surplus item with its maintenance history, which greatly increases the value of the item. We are excited to be associated with Indus since they are the leader in EAM and can provide the mechanism for their customers to access this market opportunity."

"Indus is pleased to join forces with eSASA in keeping with our continuing effort to form partnerships that make sense for our business and for our clients' businesses," said Robert Hofer, vice president of product strategy for Indus. "The company is committed to giving clients tremendous freedom when they use the Internet to engage in marketplaces. Now our clients will be able to re-market their surplus items with the experienced eSASA sales force working for them, while using IndusBuyDemand to purchase the parts that meet all of their demand requirements as defined in the Indus EAM solution."

About Indus International

Indus International is the leading provider of Enterprise Asset Management (EAM) software solutions for capital-intensive industries around the world. The company delivers software and services that help companies to reduce costs and improve overall productivity. By integrating Indus' three decades of experience, technology and best business practices, clients can become more competitive and profitable while they simultaneously ensure the safety of their employees and surrounding communities. Indus has strategic partnerships with leading big five and ERP vendors to deliver the most comprehensive enterprise software solutions to meet the dynamic needs of complex industries. The company has a strong client base comprised of more than 300,000 users in more than 40 countries. For more information visit our website at http://www.indusinternational.com.

About eSASA

eSASA is a revolutionary, full service B2B company that operates the eSASA.com Marketplace. eSASA.com is a multilingual platform for businesses to source and transact surplus capital equipment on a global basis. The Marketplace is supported with an industry-experienced sales force located in offices throughout the world.

Safe Harbor Statement

Statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include the uncertainty regarding viability and market acceptance of the Company's products and services, the ability to complete software development plans in a timely manner, changes in relationships with third parties, product mix sold by the Company and other factors described in the Company's most recent periodic filings with the Securities and Exchange Commission, including its 2000 Annual Report on Form 10-K and quarterly reports on Form 10-Q.