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Technology Stocks : Calico Commerce Inc-(CLIC)

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To: Mohan Marette who started this subject12/14/2000 11:49:12 AM
From: bob zagorin   of 457
 
Skymach Selects Calico to Power Global B2B Exchanges

SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 14, 2000--

Multi-Million Dollar Contract Awarded to Calico Commerce
Enables Polymer Manufacturers and Processors to Sell in B2B
Exchange Focused on India, the US and the Middle East

Calico Commerce, Inc. (Nasdaq:CLIC), a leading provider of software that enables corporations to sell over the Web, today announced that Skymach Corporation, an applications services provider implementing fully-integrated e-Hubs serving several vertical markets in India, the Middle East and the US, has chosen Calico's suite of eBusiness applications to power its public and private Web-based offerings.

Skymach is expected to launch its first vertical platform, PolymerGlobal, by January 2001. PolymerGlobal will link buyers and sellers of polymers, plastics, chemicals and related services, allowing them to engage in collaborative and mutually beneficial business relationships in a secure online environment. The Web-based offering will enable the participants in both public marketplaces and private exchanges to offer their products in electronic catalogs, provide online order management and order tracking, and execute customer personalization and complex pricing strategies.

"The polymer industry in India and the Middle East is fragmented, providing us with a great opportunity to offer real value to both buyers and suppliers by launching an e-Hub that brings them together

-- but to capitalize on this opportunity, we have to deploy our B2B exchanges quickly," said Sridhar Ganesan, CEO of Skymach Corporation. "Calico's proven eBusiness expertise will help us do just that. Calico understands what is important to buyers in these types of exchanges, and is helping our suppliers better sell to them. With an open, industry-standard technology platform and modular architecture, Calico's solution integrates easily and enables us to scale as our business grows."

PolymerGlobal will use the complete suite of Calico eBusiness applications, including: Calico(R) Market Maker(TM), the company's one-to-many and many-to-many marketplace solution, Calico(R) Advisor(TM), the company's configuration and recommendation application; Calico(R) Loyalty Builder(TM), a customer personalization and customization application; and Calico(R) Price Point(TM), the company's dynamic custom pricing software that enables corporations to maximize profit margins when selling complex products on the Web.

"We're excited to work closely with Skymach as it builds PolymerGlobal, the only end-to-end solution for small to mid-sized polymer manufacturers and processors who want to sell online in India and the Middle East," said Alan Naumann, president and CEO of Calico Commerce.

"This deal is a significant move for Calico and signals continued growth for the company internationally. Our eBusiness expertise and superior technology, combined with Skymach's relationships with leading polymer manufacturers and processors should result in powerful public and private Web-based offerings that leverage the Internet for greater economic benefit."

PolymerGlobal is a division of Skymach Corporation, the leading provider of Internet-enabled applications, business solutions and infomediary to companies in India, the Middle East and around the world. Skymach plans to launch several additional Web-based offerings serving other vertical industries, such as textiles and pharmaceuticals, later next year.

About PolymerGlobal

PolymerGlobal is the first seamlessly integrated business-to-business Net Market serving the polymer and plastics industries in India and the Middle East. The company will launch both a public marketplace and provide private marketplaces and other hosted solutions to link buyers and suppliers of polymer products and related services by January 2001. The management team of PolymerGlobal is led by several experts in the polymer industry, enabling the company to offer its customers not only the basic technical framework necessary to participate in an online exchange but also the industry expertise specific to successfully competing in the marketplace.

About Calico Commerce, Inc.

Calico Commerce, Inc. provides software that enables corporations to sell in Net markets, direct over the Web or through existing channels. Calico's 100% Java, application server-based eBusiness application suite meets the performance, reliability and scalability needs of any business while allowing customers to handle complex products, pricing and relationships via the Web through the entire customer life cycle. As a result, organizations are able to drive revenue growth, increase customer satisfaction and achieve competitive advantage. Calico customers include leaders in high-technology hardware, manufacturing, telecommunications services, financial services, home furnishings, chemicals, agriculture and retail. Calico Commerce, Inc., headquartered in San Jose, Calif., can be found on the World Wide Web at www.calico.com.

The matters discussed in this news release may contain projections or other forward-looking statements regarding future events or the future financial performance of Calico Commerce, Inc. that involve risks and uncertainties. Readers are cautioned that these statements are only predictions and may differ materially from actual future events or results. The forward looking statements contained in this presentation address a variety of subjects and should be considered in the context of the risk factors disclosed in the company's filings with the Securities and Exchange Commission, including its Registration Statements on Form S-1 and Form S-4, as amended, and its reports on Form 10-K and Form 10-Q, as amended, available online at sec.gov. All forward-looking statements are based on information available to Calico on the date hereof, and Calico assumes no obligation to update such statements.

CONTACT:

Calico Commerce, Inc.

Katie Belding, 408/808-7655

kbelding@calico.com

or

Skymach Corporation

Shabna Babu, 402/493-0748

shabna@skymach.com

or

imagequity+, Chennai, India

Kaushik Reddy, Ph. +91-44-494-2965 / 493-5658

Telefax +91-44-461-0515

trmtrm@imagequity.com

or

The Horn Group, Inc.

Cindy McHugh, 415/905-4010

cmchugh@horngroup.com

KEYWORD: CALIFORNIA INTERNATIONAL INDIA AFRICA/MIDDLE EAST

SIA PACIFIC

BW0199 DEC 14,2000

8:28 PACIFIC

11:28 EASTERN
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