Commerce One Hosts Strategic Sourcing Seminar Series; Free Seminars in 14 Cities to Demonstrate Strategic Sourcing for Companies Seeking Short-Cycle ROI

Business Wire, Feb 25, 2002

Business Editors/High-Tech Writers

PLEASANTON, Calif.--(BUSINESS WIRE)--Feb. 25, 2002

Commerce One (Nasdaq:CMRC), the Business Internet Company, today announced it is hosting strategic sourcing seminars in 14 cities across the United States in February and March. The free, half-day seminars are premier events for enterprise executives looking to improve bottom line performance by increasing revenue and reducing costs for their companies. Attendees will receive critical information on how to optimize their sourcing and procurement practices, improve business processes and achieve rapid, measurable return on their software investments.

Highlights of the interactive Optimize Sourcing seminars include real business scenarios on companies reducing their operational costs, discussions on the value of using strategic sourcing as a cost-cutting tool, presentations from one of Commerce One's key partners, Compaq, along with demonstrations of leading-edge automation solutions for the source-to-pay process.

"Strategic sourcing solutions can deliver significant cost savings opportunities for companies by streamlining the source-to-pay process and providing visibility and control across the entire purchasing process," said Dennis H. Jones, vice chairman, president and chief operating officer for Commerce One. "We have developed the Optimize Sourcing seminars to give executives the business scenarios and technical information they need to succeed in today's market environment, and allow them to focus on fast-solution deployment and obtaining measurable ROI."

The Commerce One Optimize Sourcing seminars will be conducted in the following cities between Feb. 21, 2002 and March 7, 2002: Atlanta, GA; Boston, MA; Chicago, IL; Cleveland, OH; Columbia, MD; Dallas, TX; Denver, CO; Detroit, MI; Miami, FL; Morristown, NJ; San Francisco, CA; Santa Monica, CA; Seattle, WA; St. Louis, MO and Tarrytown, NY. For more information or to register for a seminar, please visit http://www.commerceone.com/sm/optimize/.> About Commerce One

Commerce One (Nasdaq:CMRC) is the Business Internet Company. Through its software, services, and global network of interconnected enterprises and e-marketplaces, Commerce One enables organizations to reduce costs and drive productivity by automating business processes between buyers and suppliers. Visit http://www.commerceone.com/ for more information.

This press release includes forward-looking statements within the meaning of the securities laws. These forward-looking statements discuss the potential for sourcing software to increase revenue, accelerate measurable return on investment, and reduce operational costs. The words "believe," "expect," "intend," "plan," "project," "will" and similar phrases as they relate to Commerce One and/or its sourcing software are intended to identify any forward-looking statements. These statements reflect the current views and assumptions of Commerce One, and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. These factors include, but are not limited to the potential that Commerce One's sourcing software may not meet user expectations, and various external factors, including economic conditions, that may impact the results obtained by particular customers. The information provided in this press release is current as of the date of its publication. Commerce One expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any changes in expectations, or any change in events or circumstances on which those statements are based, unless otherwise required by law. For a discussion of these and other risk factors that could affect Commerce One's business, see "Risk Factors" in Commerce One's filings with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the quarter ended Sept. 30, 2001.

Note to Editors: Commerce One, Powering the Business Internet and Commerce One Source are trademarks of Commerce One Operations, Inc. All other company, product, and brand names are trademarks of their respective owners.