SeeCommerce Wins IndustryWeek Technology of the Year Award

Business Wire, Nov 17, 2004

PALO ALTO, Calif. -- SeeChain Supply Chain Performance Management System Honored by Leading Manufacturing Management Publication

SeeCommerce, the supply chain performance management company, today announced that SeeChain 5.0 was named one of the five Technologies of the Year for 2004 by INDUSTRYWEEK magazine. The 12th annual INDUSTRYWEEK Technology and Innovation Awards recognize products with the potential to fundamentally change the manufacturing world. A profile of SeeChain will be featured in the December issue of INDUSTRYWEEK and is available online at www.industryweek.com/iwinprint/tech&innovation.

SeeChain 5.0 and its consignment inventory module received this coveted award for its unique ability to eliminate overstocks, shortages and financial write-downs that commonly plague consignment inventory programs. SeeChain 5.0 allows businesses to maintain continuous visibility into inventory levels of products that are maintained off-site at vendor locations and collaborate with suppliers to dynamically adapt to changes in market demand.

"Being recognized as Technology of the Year by INDUSTRYWEEK, one of the most respected publications in the manufacturing industry, is a powerful endorsement of the value SeeChain creates for customers," said Parviz Hooman, senior vice president of research and development for SeeCommerce. "This award further validates that SeeChain is fundamentally changing the way companies manage off-site inventory and collaborate with suppliers to rapidly adjust to changing market demand for their products."

The INDUSTRYWEEK Technology and Innovation Awards are designed to recognize products the represent outstanding achievement in technology spanning the entire range of science and engineering. Products are nominated by INDUSTRYWEEK readers and judged by the magazine's editors.

About INDUSTRYWEEK

INDUSTRYWEEK, published by Penton Media, Inc., is the only magazine dedicated to covering the complexities of managing a manufacturing company in today's new economy. Now in its 34th year, IW has an audience of 200,000 subscribers. Copies of IW can be ordered through Hallmark customer service at 847-763-9670 or email your request to industryweek@halldata.com.

About Penton Media

Penton Media (www.penton.com) is a diversified business-to-business media company that provides high-quality content and integrated marketing solutions to 12 diverse industries. Founded in 1892, Penton produces market-focused magazines, trade shows, conferences and online media, and provides a broad range of custom media and direct marketing solutions for business-to-business customers worldwide.

About SeeCommerce

SeeCommerce is a leading provider of supply chain performance management applications. The company's products enable business managers and trading partners to continuously manage and improve business performance across complex supply chains. SeeCommerce customers are leaders in the automotive, electronics, and retail/consumer goods industries including Circuit City Stores, BorgWarner, DaimlerChrysler, Flextronics, and Herbalife. Headquartered in Palo Alto, Calif., SeeCommerce distributes its products through direct and indirect sales channels. For more information, visit the company's Website at www.seecommerce.com.

SeeCommerce, SeeChain, and the SeeCommerce design of an eye are registered trademarks of SeeCommerce. Unless otherwise noted, all other trademarks, service marks, and logos are the trademarks, service marks or logos of their respective owners.