Press Releases

OpsXchange Deploys WebMethods B2B as Integration Technology for Real Property Industry's e-Procurement Solution

WebMethods B2B Provides Essential Business-To-Business Integration (B2Bi) Infrastructure For OpsXchange Procurement System Serving Real Property Operators and their Suppliers

FAIRFAX, Va.-August 7, 2000-webMethods, Inc. (Nasdaq: WEBM), the leading provider of business-to-business integration (B2Bi) solutions, today announced that OpsXchange, the real property industry's e-procurement solution provider, has selected webMethods B2BÔ as its integration technology. webMethods B2B, a central component within the OpsXchange technology platform, allows real property operators and their suppliers to easily integrate their back office, enterprise resource planning (ERP) systems with the OpsXchange e-procurement application.

"webMethods B2B will help us enable highly scalable and seamless 24-hour online marketplaces for real property operators and their suppliers," said Rajiv Naidu, CEO of OpsXchange. "Using webMethods B2B for back-end, ERP connections, OpsXchange has already launched the first of several planned e-marketplaces that will empower property owners and management to procure, in a quick and cost-effective manner, the goods and services they need to manage, maintain, and operate properties."

OpsXchange serves a $400 billion industry comprised of property management companies and their suppliers of products and services such as paint, carpet installation, landscaping, and hardware. OpsXchange creates, hosts, and powers e-marketplaces using proprietary procurement technology that specifically addresses and solves the unique needs of the real property business.

Martha Carlin, vice president of Operations at OpsXchange, stated, "Since OpsXchange deals with thousands of owners and operators of real property, as well as a huge number of suppliers, we needed a highly flexible and reliable integration solution. webMethods provided us with exactly what we needed. Owners are now able to lower their procurement costs and suppliers are able to reach millions of new customers, all without costly and time-consuming integration processes."

"The combination of OpsXchange's proprietary platform and webMethods B2B integration solution will provide customers with an industry-specific online solution to meet all their e-commerce needs," said Charles Allen, co-founder and vice president, Product Marketing of webMethods, Inc. "As OpsXchange's preferred integration solution, webMethods, once again, is able to demonstrate our ability to easily work with even the most advanced technical procurement engine."

webMethods provides a comprehensive solution that allows organizations to effectively realize their B2B e-commerce strategies. Through broad support of open standards and protocols, such as XML, RosettaNet, ebXML, FpML, cXML, xCBL, OBI, OAG, ACORD, Microsoft BizTalk and legacy EDI, the webMethods B2B family of products provides the critical B2B integration software that enables companies to form powerful trading networks with customers, suppliers and partners. With webMethods B2B, companies can conduct business-to-business over the Internet with minimal stress to corporate resources and existing technology infrastructure.

About webMethods, Inc.
webMethods, Inc. (Nasdaq: WEBM) is the leading provider of software solutions for business-to-business integration (B2Bi). Leveraging the open standards of the Internet, the award-winning webMethods B2B family of products provides the B2Bi infrastructure that enables Global 2000 companies and B2B marketplaces to connect customers, suppliers and partners to form real-time B2B trading networks. webMethods B2B allows companies to create new revenue opportunities, strengthen relationships with customers and substantially reduce supply chain inefficiencies.

Founded in 1996, webMethods is based in Fairfax, Va., with offices across the U.S. and Europe. webMethods has more than 200 customers worldwide-from Global 2000 leaders such as Dell, Eastman Chemical Company, Lucent Technologies and Grainger to major B2B marketplaces like ChemConnect, e-STEEL and Ventro. webMethods' strategic partners include Ariba, Commerce One, Deloitte Consulting, EDS, i2 Technologies, KPMG Consulting, Microsoft Corp., Oracle Corp., Sterling Commerce and SAP AG. More information about the company can be found at www.webMethods.com.

About OpsXchange, Inc.
OpsXchange is the premier B2B e-procurement solution provider for real property operators and their suppliers. Using proprietary technology, OpsXchange creates, hosts, and powers e-marketplaces that simplify the process of procuring and supplying goods and services required to manage, maintain, and operate real property. OpsXchange offers e-procurement solutions for various verticals in the real property industry, including multi-family housing, office, retail and industrial properties. Founded in 1999 and based in San Francisco, CA, OpsXchange is a privately-held, venture-backed company. Further information is available at www.opsxchange.com.

webMethods and webMethods B2B are trademarks of webMethods, Inc. All other company and product names are property of their respective owners.

This press release contains various remarks about the future expectations, plans and prospects of webMethods that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. The actual results of webMethods may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in the Risk Factors section of webMethods' recent Registration Statement on Form S-4 and the company's annual report on form 10-K for the year ended March 31, 2000, which is on file with the Securities and Exchange Commission.

Contacts:
Nicole Keating
webMethods, Inc.
703-460-5960
nkeating@webMethods.com

Lauren Arnold or Sarah Reed
Schwartz Communications, Inc.
781-684-0770
webMethods@schwartz-pr.com