To: DWEB IR who wrote (93 ) 2/24/1999 10:22:00 PM From: DWEB IR Respond to of 189
DynamicWeb's EDIxchangeBuy Offers State-Of-The-Art Security Through Exodus Communications TheStreet.com Calls Exodus Data Centers "Digital Fort Knox" FAIRFIELD, NJ--(BUSINESS WIRE)--Feb. 24, 1999-- DynamicWeb(tm) Enterprises, Inc. (OTCBB: DWEB - news), a developer of Internet electronic commerce and Electronic Data Interchange (EDI) business solutions, announced today that its EDIxchangeBuy E-commerce service is able to offer its customers and subscribers an industry leading level of security through its strategic partner Exodus Communications (EXDS). According to this morning's article by Spencer E. Ante in TheStreet.com, ''Exodus' data centers, which house hundreds of computer servers, are the ''Fort Knox'' of the Internet. And the security at Exodus is nearly as tight as it would be if the company were guarding gold.'' ''We're quite pleased that main stream observers of the Internet like TheStreet.com are coming around to our point of view,'' said Steve Vanechanos, Chief Executive Officer of DynamicWeb. ''Having chosen Exodus as the site of our e-commerce network in September of 1997, we were clearly an early supporter. The really positive thing now is that each time someone new recognizes the value of Exodus' work it immediately accrues to our own.'' Other prominent e-commerce providers that utilize Exodus' facilities are Lycos (NASDAQ:LCOS - news), Yahoo! (YHOO: NASDAQ) and CyberCash (NASDAQ:CYCH - news). Located in Fairfield, NJ, DynamicWeb Enterprises, Inc. is a leading provider of Internet services and software for enabling business-to-business electronic commerce. DynamicWeb's EDIxchangeBuy provides an Internet-based electronic commerce solution for Fortune 1000 companies that expands EDI participation and compliance with their suppliers. For additional information about DynamicWeb and its products or services visit the DynamicWeb home page at www.dynamicweb.com, send an e-mail to sales@dynamicweb.com or call 1-800-4-EDI-HELP. This press release contains forward-looking statements. All such statements involve risks and uncertainties, including, without limitation, the risks detailed in DynamicWeb's filings and reports with the Securities and Exchange Commission. Such statements are only predictions and actual events or results may differ materially. This release is available on the KCSA Worldwide website at www.kcsa.com. Contact: Steve Vanechanos Jr., CEO 973/244-1000 or KCSA Robert Giordano/ Joseph A. Mansi 212/682-6300, ext. 289/205 DWEB IR is the official voice of DWEB. In fact DWEB IR is the Investor Relations Department of DynamicWeb Enterprises, Inc. Additionally, this is not an offer to sell or a solicitation to buy DynamicWeb securities. For additional information, see the Company's periodic SEC filings which can be found at www.sec.gov (edgar data base).