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To: HG who wrote (89832)	1/5/2000 1:02:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Happy, I sold 1/2 of my Clrs today @ 80. Or, was it Cnrs? I can't remember.:-) Do you you know that they say the memory is the second thing to go?;-) > ATLANTA--(BUSINESS WIRE)--Jan. 5, 2000--Clarus Corporation (Nasdaq: CLRS), a leading business-to-business (B2B) e-commerce procurement provider, announced today it has signed an agreement with leading energy provider Cinergy Corp. (NYSE:CIN) to provide the company with a host of electronic procurement solutions designed to dramatically enhance the company's planned e-business initiatives. Cinergy, one of the nation's leading diversified energy companies serving more than 1.4 million electric customers and 470,000 gas customers in Indiana, Ohio and Kentucky will utilize the Clarus(TM) Commerce suite of solutions including Clarus(TM) eProcurement, Clarus(TM) View and the Clarus(TM) SupplierUniverse for as many as 5,000 internal users. Cinergy, with 1998 net revenues of $5.9 billion and non-fuel procurement expenditures in excess of $700 million, plans to increase efficiency and maximize contract leverage with strategic suppliers to impact their bottom line cost savings. Cinergy spent approximately $120 million in maintenance, repair and operating (MRO) expenses in 1998. Clarus stood above its competitors in providing enhanced content management services that will help Cinergy meet its aggressive goals for supplier enablement. Cinergy will subscribe to the Clarus(TM) Content Services (CCS) which are designed to ease the burden of B2B content management while still providing "toll-free," direct transactions between buyers and suppliers. Through CCS, Cinergy will lessen its content management resource requirements and speed the deployment of eProcurement. Clarus will also provide the Clarus(TM) Fusion integration framework to leverage its solutions with Cinergy's various enterprise resource planning (ERP) applications such as Indus/Passport(TM), PeopleSoft(TM) and an internally developed accounting system. Clarus Fusion, an open message-based integration framework will allow simultaneous integration with Cinergy's heterogeneous ERP environment and will also maintain integration for future upgrades. Implementation efforts will be managed by a joint team of Indus, Ernst & Young and Clarus consultants and are scheduled to begin in January 2000. Clarus was selected as Cinergy's electronic procurement vendor following an intensive review process including a two-day, in-house workshop comparing Clarus and its leading competitors Ariba and Commerce One. "Clarus extends its reach into the energy market by adding an industry leader to our list of customers," said Steve Hornyak, vice president of strategy and business development for Clarus. "The fact that we were chosen after such a detailed evaluation proves our ability to offer robust solutions for large enterprises like Cinergy." Cinergy chose to adopt the Clarus solutions in part as a result of an e-business analysis in which electronic procurement was identified as one of four e-business initiatives for Cinergy to target. "Cinergy's vision is to deliver electronic procurement to every work area by September 2000," said Craig Weida, vice president of reengineering and shared services for Cinergy. "Clarus eProcurement will streamline our procurement processes and will help us uncover significant time and cost savings across the organization." Clarus will also speed Cinergy's implementation and adoption of eProcurement by providing Clarus(TM) eTour, a web-based training (WBT) module which provides a multi-sensory tutorial for end users of the solution. About Cinergy Corp. Cinergy Corp. (www.cinergy.com) is one of the nation's leading diversified energy companies. Its operating companies, The Cincinnati Gas & Electric and PSI Energy, serve more than 1.4 million electric customers and 470,000 gas customers in Indiana, Ohio and Kentucky. About Clarus Atlanta-based Clarus Corporation (www.claruscorp.com; NASDAQ: CLRS) a leader in business-to-business (B2B) e-commerce, provides Web-based procurement software and services that exploit the global marketplace of the Internet to manage corporate purchasing and enable digital marketplaces. Clarus is the clear alternative in B2B e-commerce supporting the Free Trade model based on the Clarus Direct architecture. This architecture directly connects buyers and suppliers to maximize cost savings, improve procurement efficiencies, and create new revenue opportunities for large and mid-sized companies. Clarus Commerce solutions leverage its SupplierUniverse trading network for managed content, trading services and supplier integration. Clarus solutions are being deployed at customer sites including AirTouch, Cinergy, MasterCard International, MetLife, Perot Systems, First Data Corporation, and Parsons Brinckerhoff.