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Microcap & Penny Stocks : EBAS- A SLEEPING GIANT...NEXT EXPLOSIVE FIELD

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To: LANCE B who wrote ()12/21/1999 4:26:00 PM
From: tom r. phillips  Read Replies (1) of 80
 
Tuesday December 21, 3:44 pm Eastern Time

Company Press Release

ebaseOne Forms Hosting Partnership With
Altris Software to Deliver DocDepo.com

HOUSTON--(BUSINESS WIRE)--Dec. 21, 1999--ebaseOne Corporation (OTCBB:EBAS -
news), an emerging player in the Application Service Provider (ASP) market for small and
medium-sized business and Altris Software Inc. (OTCBB:ALTS - news), a leading provider of
enterprise class electronic document management solutions, today announced that they have
entered into a partnership to host eB(TM) and deliver DocDepo.com, Altris' new
Internet-based, business-to-business electronic document management portal for e-commerce.

Altris' eB(TM) technology is an enterprise class, server-based electronic document management
system providing sophisticated document acquisition, management, integration and distribution
of both office and complex technical documents across an entire enterprise. Installed in some of
the largest corporations in the world, eB(TM) provides corporate knowledge workers with an
elegant and powerful electronic document management solution. With the addition of the
DocDepo.com portal, knowledge workers will now have fast and easy access to their
documents via the Internet.

``This relationship is the foundation of our emerging strategy to establish ebaseOne as a player
in the knowledge management arena and electronic document service provider (eDSP)
marketplace,' says Charles Skamser, president and CEO of ebaseOne Corporation. ``Most
information still resides in the form of paper documents and therefore a key component of any
enterprise class business-to-business solution is the integration and management of these
documents. Our strategy is that this partnership will start with ebaseOne hosting DocDep.com
for Altris customers under its CoreServ(TM) program and will mature into a strategic alliance
as we integrate the technology into our OneServ(TM) offering, our integrated and
comprehensive solution for the small and medium-sized business market. Each of the
components of our OneServ(TM) solution, including customer relationship management,
financial management, supply chain management and e-commerce will benefit from the
integration of this leading electronic document management technology,' adds Skamser.

``We are really pleased with the ebaseOne partnership which will enable us to rollout our
exciting new DocDepo.com offering,' says Roger Erickson, CEO of Altris Software Inc. ``We
see ebaseOne, with the relationships that they have already established, as an aggressive player
in the ASP marketplace and ideally positioned to deliver the DocDepo.com document
management service to our customer base. In addition, we are even more excited about the
prospect of integrating our technology into ebaseOne's OneServ(TM) offering, adding a
completely new distribution channel for Altris,' adds Erickson.

About Altris Software

Altris is a leader in delivering enterprise integrated document management software at customer
installations around the world that include hundreds and thousands of users and tens of millions
of documents. Across industries and applications Altris provides its customers with document
management software solutions to increase productivity and profitability. From manufacturing
and utilities to transport and engineering services, Altris solutions integrate with e-commerce
applications and enable a variety of data to be handled rapidly and cost effectively over global
networks.

eB(TM)

eB provides a complete, integrated document management system for all office and technical
documents, providing the means by which inherent and accumulated knowledge within an
organization can be managed and controlled. It is a key component in the development of the
knowledge management enterprise, providing customers with systems that physically acquire,
manage and distribute information across the corporation.

About ebaseOne Corporation

ebaseOne Corporation, (http://www.ebaseone.com), through the utilization of technology from
Cisco Systems, Sun Microsystems, Marimba and Hewlett Packard, provides an integrated and
comprehensive solution of leading packaged software solutions, hosted in a ``Fortune 100' class
data center with 24-hour application, network monitoring, and customer service for a flat
monthly fee. ebaseOne's mission is to provide a total IT solution that enables small and midsize
businesses to focus on their core business. Led by a senior management team with years of
experience in the technology and technology management industry, ebaseOne is headquartered in
Houston, Texas, and can be reached at 713/975-8700 or via its Web site at
ebaseone.com.

Certain statements in this press release, including statements concerning ebaseOne
Corporation's plans, intentions and expectations, are ``forward-looking statements' within the
meaning of the Securities Act of 1933, as amended. Forward-looking statements are based on
the opinions and estimates of management at the time the statements are made and are subject to
certain risks and uncertainties that could cause actual results to differ materially from those
anticipated in the forward-looking statements. The words ``believe,' ``expect,' ``intend,'
``anticipate,' variations of such words, and similar expressions identify forward-looking
statements, but their absence does not mean that the statement is not forward-looking. These
statements are not guarantees of future performance and are subject to certain risks, uncertainties
and assumptions that are difficult to predict. Factors that could affect ebaseOne's actual results
include, but are not limited to, the ``Risk Factors' described in our Securities and Exchange
Commission filings dated November 22, 1999. Readers are cautioned not to place undue
reliance upon these forward-looking statements that speak only as to the date of this release.
ebaseOne undertakes no obligation to update publicly any forward-looking statements to reflect
new information, events or circumstances after the date of this release or to reflect the
occurrence of unanticipated events.
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