CommerceQuest Solution Recognized By Top Industry Analyst Firm for Business Process Management and Business Process Analysis Capabilities

Business Wire, April 26, 2004

Business Editors

TAMPA, Fla.--(BUSINESS WIRE)--April 26, 2004

Positioning in Two New Magic Quadrants

Underscores Company's Comprehensive BPM Solution

CommerceQuest Inc. today announced that industry research firm Gartner Inc. has included CommerceQuest in its recently published Business Process Analysis (BPA) Magic Quadrant.(1)

CommerceQuest was also included in the most recent Pure-Play Business Process Management (BPM) Market Magic Quadrant.(2)

CommerceQuest was one of four BPM companies to enter the BPA space. According to Gartner, "This entrance is due to a shift in BPA business simulations and a need to incorporate BPM capabilities. In addition, as BPA methods, tools and techniques are now taking on vibrant roles in modeling business process alternatives on the front end of the process development cycle, as well as optimization of live processes through near-real-time feeds." (see report, Drivers for BPM: 11 Money-Relevant Reasons to Start, J. Sinur, February 24, 2004)

"The increased capabilities in BPA are driving broader usage and increased adoption of these tools," said Mike Forster, Chairman and CEO of CommerceQuest. "We consider our inclusion in both the BPA and pure-play BPM Magic Quadrants further underscores the value of the comprehensive solution that we offer to customers. I believe our ability to provide not only superior analytical tools, but also live process optimization capabilities will become requirements that all clients will demand from their BPM solution providers."

CommerceQuest's TRAXION Business Process Management Suite (BPMS) is a complete software-based solution that allows businesses to analyze, design, execute, integrate, optimize and manage both risk-management and key operational business processes. TRAXION BPMS is a powerful multi-platform solution for business process and resource collaboration acting as both a strategic, comprehensive infrastructure for a business' process strategy and as a series of tactical, incremental solutions that enable customers to improve performance today in a risk-free environment.

For more information, please contact www.commercrequest.com.

About CommerceQuest (www.commercequest.com)

Founded in 1991, CommerceQuest is the only enterprise solutions provider that enables its customers to rapidly turn business strategy into business processes by fully integrating the work that people do with software systems that optimize business performance. CommerceQuest delivers a complete set of scalable business process management (BPM) solutions that leverage existing IT investments to unite people, processes and technology in a service-based architecture that spans the extended enterprise, from the mainframe to the Internet and everything in between. More than 500 industry-leading companies rely on CommerceQuest to help them integrate heterogeneous workflow and IT systems, including many of the Fortune 500 companies such as The Home Depot, Coca-Cola Bottling, Ahold, and American Express.

CommerceQuest is a privately-held company and a member of Internet Capital Group's (Nasdaq: ICGE) collaborative network of Partner Companies. For more information about CommerceQuest, please call us at 813.639.6300 or visit us on the Web at www.commercequest.com.

The Magic Quadrant is copyrighted March 2004 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is invented solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

(1)Magic Quadrant for Business Process Analysis, J. Sinur, March 4, 2004

(2)Pure-Play Business Process Management Magic Quadrant, J. Sinur and J. Thompson, June 2, 2003