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Technology Stocks : PRMO - Premenos

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To: Mike Redding who wrote (223)9/15/1997 11:35:00 AM
From: Mark Catalano   of 240
 
Monday September 15 6:10 AM EDT

Company Press Release

Premenos Selected by Ernst and Young Technologies, Inc. as EDI
Software Partner of New Solutions Program

CONCORD, Calif.--(BUSINESS WIRE)--Sept. 15, 1997--Premenos Technology Corp. today announced that Ernst and
Young Technologies Inc. (EYT) has chosen Premenos to fulfill the EDI software requirements for EYT's Baan Palletized
Solution.

EYT is a leading systems integration and reselling business unit of the Ernst & Young Global Client Consulting organization,.
The program was established to deliver turnkey systems consisting of applications, infrastructure and training to end user
customers. Initial applications slated to be palletized include Premenos' EDI/Open software for UNIX and NT, Baan ERP
software, Optio software for forms and fax management, Epic and Intermec for data collection, and Vertex software for sales
and use tax management. The solutions will be delivered on industry standard hardware platforms, preloaded and tested for
compatibility and interoperability.

``With the turnkey approach, end users' clients can focus on business optimization and internal changes as opposed to spending
time and effort assembling various components,'' said Carol Rozwell, strategic alliances director for Premenos. ``The concept
of the palletized solution is a direct contribution to EYT's 'creating value' strategy. Since EDI is a key component for the
electronic commerce requirements of today's businesses, Premenos will provide additional value to the palletized solution
approach.''

EYT's Palletized Solutions Program is an innovative systems integration program that radically improves the process of
undertaking large scale enterprise resource planning application systems projects. One of the core concepts of the program is
based on building a complete system infrastructure and staging the ``whole solution'' for immediate implementation. A key value
lies in the elimination of long lead time items and rapid realization of benefit.

About Premenos EDI/Open

EDI/Open is Premenos' EDI translation technology for UNIX and NT. EDI/Open features a unique document tracking system
to manage and automate EDI transactions. EDI/Open supports all major EDI standards for business documents such as
purchase orders, invoices, shipping notices, electronic payments, and inventory reports.

About Premenos

Premenos (NASDAQ:PRMO) is a leading provider of electronic commerce solutions for established and emerging trading
communities. Its standards-based business applications leverage the strengths of traditional EDI systems, TCP/IP networks,
secure information and Web technologies. Premenos has a history of market-proven innovation, including the first
network-independent technology for secure, auditable data transmission over the Internet.

Through partnerships with leading application and integrated solutions vendors, Premenos empowers businesses to lower costs,
shorten trading cycles and increase competitive advantage. Premenos' renowned Electronic Commerce Resource Guide can be
reached at www.premenos.com .

About EYT

Ernst & Young Technologies is a Delaware Corporation organized to deliver information systems integration and technical
professional services to Ernst & Young clients worldwide. Through established cooperative systems integration and reseller
agreements, EYT procures immediate access to the products and services clients need. EYT remains a vendor neutral single
source of accountability allowing customers to choose from hundreds of ``best in class'' products and services.

EYT is a wholly owned subsidiary of Ernst & Young's Global Client Consulting organization in the European Union. For more
information about EYT's services call 703/817-1400. Additional information about EYT can be found at www.ey.com .

Note to Editors: Premenos and EDI/Open are trademarks or registered trademarks of Premenos Corp. All other commercial
names mentioned are used for identification purposes only and may be trademarks of their respective owners.
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