Appshop Previews Interactive eLearning Software, Enabling Companies to Functionally and Technically Train Employees on the Oracle E-Business Suite

Business Wire, April 4, 2002

Business Editors and High Tech Writers

FREMONT, Calif.--(BUSINESS WIRE)--April 4, 2002

Segway LLC Executives Present in Appshop's Booth at Oracle

AppsWorld in San Diego

Appshop, Inc., the largest independent Oracle (Nasdaq:ORCL) Application Service Provider (ASP), today announced its eLearning Software, a new interactive product that will enable companies to save time and money when training employees on the Oracle E-Business Suite of applications. The Appshop eLearning Software will be unveiled at the upcoming Oracle AppsWorld (OAW) conference in San Diego (April 7 - 10, 2002), where visitors to Appshop Booth #2114 can preview the benefits this new product offers.

The new eLearning Software will be Web-based, allowing users to choose the topics they need to learn and study at their own pace, from the convenience of their own computer. Unlike standard training products, Appshop's eLearning Software incorporates audio and video, making it interactive and easy-to-use. The new offering is designed to educate users on the Oracle E-Business Suite, whether they need to be trained on new versions of products, new product modules or new job responsibilities. Additional features include on-the-spot assessment, an "Ask the Experts" section and tips for advanced users.

"The eLearning Software provides a cost-effective and efficient alternative to hands-on training. This new offering is yet another example of how Appshop is leading the ASP industry in superior service," said Ravi Kulasekaran, CEO, Appshop. "Appshop's eLearning Software doesn't just demonstrate how to use an application; it clearly explains to users the `why' a particular application works, while helping users become more productive on the job during the learning process."

The eLearning Software modules that are currently offered by Appshop for the Oracle E-Business Suite are Accounts Payable, Accounts Receivable, Cash Management, Cost Management, Customer Relationship Management (CRM), Fixed Assets, General Ledger, Human Resources, Inventory, Order Management Services, Planning and Purchasing.

Along with providing a preview of the eLearning Software, Appshop's booth will also feature the Segway(TM) Human Transporter (HT), the first self-balancing, electric-powered transportation machine. The Segway HT is a productivity tool that will allow people to go farther, move more quickly and increase the amount they can carry anywhere they currently walk.

Visitors to OAW will have the opportunity to have their picture taken with the Segway HT and hear from Segway executives about how Appshop has implemented, and is now hosting their Oracle E-Business Suite, including ERP and CRM. These presentations are scheduled for Monday, April 8, 2002 at 10:45 a.m., 1:45 p.m. and 3:45 p.m. and Tuesday, April 9, 2002 at 10:45 a.m., 12:45 p.m. and 3:45 p.m.

Appshop will also have a major presence at OAW in the following Partner booths: Hewlett-Packard and Network Appliance.

About Appshop

Appshop is a leading Application Service Provider (ASP) that focuses on providing the complete enterprise solution using Oracle's E-Business Suite in a hosted environment for a monthly fee. Appshop's end-to-end integrated managed solutions include professional services, hosting and environment management, ongoing maintenance and functional and technical 24/7 support. The company offers a full range of managed services for enterprise business applications such as customer relationship management, e-commerce, enterprise resource planning, finance, human resources, manufacturing, marketing, product development, supply chain management and transportation. Appshop is an Oracle Certified Solution Partner headquartered in Fremont, California with regional offices across the U.S. and subsidiaries in Bangalore, India, United Arab Emirates (UAE) and Zhuhai, China. Additional information about Appshop is available at www.appshop.com.

About Segway

Segway LLC is a Manchester, NH-based business founded by renowned inventor and entrepreneur Dean Kamen to provide a solution to short-distance travel. The company has created the Segway(TM) Human Transporter (HT), the first self-balancing, electric-powered transporter designed to enhance the productivity of people by increasing the distance they can travel and the amount they can carry. For additional information about Segway, visit www.segway.com. Press releases and digital images are available at Segway's press center at: www.segway.com/news.

Appshop is a trademark of Appshop, Inc. Oracle is a registered trademark of Oracle, Inc. Segway is a trademark of Segway LLC in the United States and in other countries. All other trademarks are owned by their respective companies.