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Technology Stocks : PRMO - Premenos

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To: Steven Martin who wrote (102)3/3/1997 11:50:00 PM
From: Mark Catalano   of 240
 
TO ALL:

Premenos Partners with IBM Global Services to Market Forms-Based
Electronic Commerce Solution for Trading Communities

CONCORD, Calif.--(BUSINESS WIRE)--March 3, 1997--Premenos, a leading provider of electronic commerce solutions
for established and emerging trading communities, today announced a marketing alliance with IBM Global Services to jointly
sell and support Premenos PowerDox over the IBM Global Network provided in the U.S. by Advantis.

PowerDox is the first trading community solution to make EDI transparent to end-users via an intuitive electronic-forms
interface while providing local storage and application integration.

"Electronic commerce is the key to successful business today," said John Lee, services offering manager for IBM Global
Services Network Services. "PowerDox is an affordable solution that will enable our customers who have not implemented
EDI to be competitive in the global electronic marketplace."

IBM will offer Premenos PowerDox as an electronic-forms alternative to traditional EDI for its clients and their trading
partners. Using PowerDox, EC-enabled companies can dramatically increase their EC program participation and decrease
maintenance costs, while their small to mid-size trading partners get new EC capabilities in a desktop application that requires
no specialized EDI expertise.

"No company today should worry about the cost and complexity associated with traditional EDI," said Gerry Diamond,
Premenos senior vice president of emerging market products. "We've broken those barriers with our forms-based solution.
PowerDox communities trading over the Advantis network can now have the electronic commerce advantage through an
inexpensive and easy-to-use breakthrough application."

About Premenos PowerDox

Comprised of Central and Remote components, PowerDox lets a company distribute customized electronic-forms applications
to its trading partners. The inexpensive, easy-to-use forms can speed trading partner roll-out in EC programs, yet remain
compliant with a company's legacy EDI system.

PowerDox automates trading partner administration, eliminating the arduous process of keeping electronic trading partners
up-to-date. At the trading partner's desktop, PowerDox Remote displays an intuitive form representing transaction information
that can be integrated and stored locally, as well as transmitted to the company. The electronic forms are transmitted between
a company and its trading partners via value-added networks.

About IBM Global Services

IBM Global Services, with more than $22.9 billion in revenues and operations in 160 countries, is the world's leading provider
of product, professional and network services. Its managed network services for content, collaboration and electronic
commerce as well as network outsourcing services are provided over the IBM Global Network which serves more than
30,000 customer enterprises and 850 cities around the world. For more information, please see the IBM Global Services
Web site at www.ibm.com/services/globalservices.html .

Premenos: Business Beyond Barriers

Premenos Technology Corp 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
and Web technologies. Premenos has a history of market-proven innovation, including the first network-independent
technology for secure, auditable data transmission over public and private Internets. 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 .

Note to Editors: Premenos is a registered trademark and PowerDox is a trademark of Premenos Corp. IBM is a registered
trademark of the International Business Machines Corporation.

CONTACT: Premenos
Alice Quinn, 510/688-2979
aliceq@premenos.com
or
IBM Global Services
Linda Wizner, 813/878-5472
the_wiz@vnet.ibm.com
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