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To: cautious who wrote (80881)1/27/2000 10:20:00 PM
From: puborectalis  Respond to of 120523
 
ICGE continues its onslaught of the B2B world.......NetVendor Receives Additional Backing from Internet
Capital Group and Wheatley Partners

Provider of Integrated B2B Sales Solutions Nets $12 Million in Additional Funding

ATLANTA, Jan. 27 /PRNewswire/ -- NetVendor Inc., the premier provider of business-to-business e-markets for suppliers
and their customers in the industrial, electronic and automotive markets, today announced that the company completed a $12
million second round of financing. Major backers include Internet Capital Group (Nasdaq: ICGE - news) and Wheatley
Partners, which also funded NetVendor in its first round of funding. New investors include RRE Ventures, Acorn Technology
Fund L.P., and The Heico Companies, in addition to a number of other significant individual investors.

''NetVendor continues to be an integral part of our collaborative network of partner companies,'' said Walter Buckley,
president and CEO of Internet Capital Group (ICG). ''The company's vertical focus means that traditional manufacturers and
distributors have a vendor to turn to with expertise in providing the industry-specific functions and automating business
processes within the general industrial, automotive and electronics markets.''

''This significant group of strategic investors continues to validate NetVendor as a serious competitor in the
business-to-business Internet commerce space,'' said Sean McCloskey, president and chief executive officer of
NetVendor(TM). ''In the instance of The Heico Companies, the financial investment is coupled with a strategic partnership
where our complete online sales cycle solutions will be incorporated into the products currently recommended as critical
solutions for e-commerce. In addition, ICG chose to provide further financial, strategic and operational support to NetVendor
confirming our market leadership position in delivering industry- specific e-market solutions for customers in the industrial,
automotive and electronics markets.''

NetVendor plans to use the new investment to expand its staff and operations, which includes the support of multiple,
industry-specific trading communities within SurplusBIN.com(TM) -- the company's trading community portal for the selling
and buying of surplus inventory. The additional investment will also serve to further enhance NetVendor's prepackaged solution
E.MBRACE(TM) -- a private e-market allowing suppliers to conduct business-to- business transactions over the Internet.

About NetVendor Inc.

NetVendor(TM) is a leading provider of e-markets for industrial, electronics and automotive companies. NetVendor's
excellence resides in offering manufacturers and distributors e-commerce solutions that address their industry-specific needs.

NetVendor's E.MBRACE(TM) solution enables a private community built around a supplier and its customers. NetVendor's
SurplusBIN.com(TM), a public e-market, is an open trading community where buyers and sellers can exchange surplus
inventory. Together E.MBRACE and SurplusBIN.com provide a complete solution for selling product between businesses
over the Internet.



To: cautious who wrote (80881)1/27/2000 11:00:00 PM
From: rob  Read Replies (1) | Respond to of 120523
 
Maybe this could this help CTII? Interesting reading nonetheless health.excite.com



To: cautious who wrote (80881)1/27/2000 11:56:00 PM
From: bobby is sleepless in seattle  Respond to of 120523
 
snic...Sonic Solutions Teams With Softbank Commerce

will dvd become the standard?

Thursday January 27, 6:31 am Eastern Time

Company Press Release

Sonic Solutions Teams With Softbank Commerce
Corp. to Expand DVD Market in Japan

Leading Japan-based Distributor Softbank Commerce Corp. to Bring Sonic DVDit! to Consumer
Market

MARIN COUNTY, Calif.--(BUSINESS WIRE)--Jan. 27, 2000-- Sonic Solutions announced today that Softbank
Commerce Corp. will act as the main channel distributor for the Sonic DVDit! line of consumer DVD authoring products in
Japan. Softbank Commerce Corp. is Japan's largest distributor of software products with more than $1.7 billion annual sales
and will utilize its distribution network of more than 600 retailers to deliver Sonic DVDit! to customers who have shown a
desire to begin authoring DVDs. DVDit! will be sold through Softbank Commerce Corp. at a unit retail price of 49,800 yen or
$499 US.

``The market for desktop DVD authoring is exploding!' says Fuyuhiko Yamakami, General Manager of Softbank Commerce
Corp.'s Product Operation Division. ``Interest for affordable DVD authoring has increased dramatically in the last few months,
and Sonic DVDit! is unique in its fit for this market. We believe that Sonic's experience as the industry leader in DVD coupled
with the unparalleled ease of use of DVDit! make it the clear choice for anyone publishing video.'

``We are enthusiastic about our new relationship with Softbank Commerce,' said Koki Terui, Vice President in charge of
Sonic's business activities in the Pacific Rim. ``They are the undisputed leader in software distribution in Asia and bring both
strong sales and great reputation which are essential as we grow this exciting new segment of the DVD market.'

About Sonic DVDit!

Sonic DVDit! is the easiest way to publish on DVD. Combining a simple and straightforward user interface with Sonic's
award-winning DVD multiplexing technology, DVDit! gives video professionals, graphic designers, artists and video enthusiasts
the power to create stunning interactive DVD content on their PC.

DVDit! is compatible with AVI video files, allowing users to incorporate virtually any video content - from DV to D1 - into
DVDit! projects. With a simple drag-and-drop interface, building DVD titles is as easy as selecting a menu background and
then dragging and dropping an AVI file. DVDit! automatically builds buttons and interactivity, transcodes video to MPEG-2,
multiplexes and formats content and writes it to CD-R or DVD-R for playback in consumer set-top DVD players or
DVD-equipped PCs.

About Softbank Commerce Corp.

Softbank Commerce Corp. is Japan's largest software distributor with more than $1.7 billion annual sales and offers eighteen
years of experience in distribution and wholesale sales of software and peripheral hardware equipment for the PC. Softbank
Commerce Corp. was separated from the parent company of Softbank Corp. as an independent entity in October, 1999 as the
company dedicated to distribution of software products in Japan. It is one of the largest units within the Softbank Group. The
parent company, Softbank Corp., also has companies offering consulting, integration, and technical support services to
customers and is a leading publisher of books and magazines on PC software, hardware, and games.

About Sonic Solutions (Nasdaq: SNIC - news)

Based in Marin County, California, Sonic Solutions designs and manufactures DVD publishing and audio editing systems used
by video, audio and multimedia professionals around the world. Sonic's product lines include DVD Creator, the leading system
for producing DVD titles; DVD Fusion, the first DVD publishing system designed for non-linear video editors; DVDit!
(http://store.dvdit.com/), the easiest way to publish on DVD and the first DVD publishing application for consumers; and
SonicStudio HD, the leading digital audio workstation to prepare recorded sound for release on DVD and CD. Sonic is a
leader in advancing DVD-Video and DVD-Audio technology and is a full voting-member of the DVD Forum, the
standards-setting body for the DVD format. Sonic Solutions can be contacted on the web at sonic.com.
(c) 2000 Sonic Solutions. Sonic, Sonic Solutions, the Sonic logo, DVD Creator, DVD Fusion, DVDit!, and SonicStudio HD
are trademarks of Sonic Solutions. All other company or product names are trademarks of their respective owners.
Specifications, pricing and delivery schedules are subject to change without notice.

The above paragraphs of this press release contain forward looking statements that are based upon current expectations.
Actual results could differ materially from those projected in the forward looking statements as a result of various risks and
uncertainties including, among others, the timely introduction and acceptance of new products, costs associated with new
product introductions, the transition of products to new hardware configurations and platforms and other factors, including
those discussed in the Company's annual and quarterly reports on file with the Securities and Exchange Commission. This press
release should be read in conjunction with the Company's most recent annual report on Form 10-K and quarterly report on
Form 10-Q on file with the Securities and Exchange Commission, which contain a more detailed discussion of the Company's
business including risks and uncertainties that may affect future results.