Nextance Presents Thought Leadership in Enterprise Contract Management at NCMA World Congress

Business Wire, July 22, 2002

Business Editors/High Tech Writers

REDWOOD CITY, Calif.--(BUSINESS WIRE)--July 22, 2002

Nextance, Inc., a leading provider of enterprise software for enterprise contract management, today announced that Kirk Krappe, President and CEO, will be presenting on enterprise contract management at the National Contract Management Association (NCMA) World Congress, July 22-24 in Long Beach, California.

Proposals to speak at the annual three-day conference were submitted to NCMA from around the world, and Krappe was chosen because of his thought leadership in the enterprise contract management arena. Nextance was the only enterprise contract management software company selected to individually present at the conference.

Krappe will present "The Case for Enterprise Contract and Commitment Management" in addition to "Technology Challenges in Contract and Commitment Management" on Tuesday, July 23, beginning at 1:00 p.m. PDT. He will define enterprise contract management as well as describe how technology can best address inherent challenges.

"The demand for enterprise contract management software is growing rapidly, however companies and government organizations can be challenged in determining the most appropriate solution for their business or process," said Krappe. "I am delighted to be able to share the learnings from our experience with large enterprises and public organizations with other similar organizations attending this conference."

In addition to Nextance being the inaugural Corporate member of NCMA, Krappe also sits on the organization's Board of Advisors and works to educate members on contract management and to define best practices in the use of technology in the profession.

Mitch Kristofferson, Vice President of Marketing, Nextance will also present "The Value of Enterprise Software for Contract and Commitment Management" on Monday, July 22, at 11:00 a.m. PDT.

Nextance will be demonstrating its applications in Booth #200 during the conference.

About Nextance, Inc.

Nextance, Inc. is a leading enterprise software firm providing applications that assist corporations and public entities in better managing their contracts, commitments, and supporting business processes. Companies using Nextance software gain control over their contracts, rights, and obligations and realize increased revenues, reduced expenses, and reduced contractual risk. Nextance is privately held and is headquartered in Redwood City, Calif. Additional information about Nextance is available at http://www.nextance.com.

Note to Editors: Nextance(TM) is a trademark of Nextance, Inc. All other company names mentioned herein may be the trademarks of their respective owners.