ANXeBusiness Corp and Peregrine Systems(R) Launch New B2B E-Commerce Solution on ANX(R) Network

ANXVelocity Powered by Peregrine Systems to Offer Low-Cost,

Flat-Rate EDI While Reducing Complexity and Time to Implementation



Apr 23, 2001, 01:00 ET from Peregrine Systems

    SOUTHFIELD, Mich. and SAN DIEGO, April 23 /PRNewswire Interactive News
 Release/ -- ANXeBusiness Corp and Peregrine Systems (Nasdaq:   PRGN) today
 announced a new strategic alliance that brings together Peregrine's
 industry-leading electronic transaction capabilities with the performance,
 reliability and security guarantees of the ANX(R) network.  Under the
 agreement, the two companies introduce ANXVelocity Powered by Peregrine
 Systems, a B2B transaction service that can replace traditional VAN
 (Value Added Network) outsourced EDI (Electronic Data Interchange) translation
 services.
     With this announcement, ANXeBusiness and Peregrine Systems enter into an
 exclusive relationship to jointly market and sell ANXVelocity in the
 automotive industry.  ANXVelocity is available only on the ANX(R) network.
     ANXVelocity combines the security, guaranteed service levels and high
 speeds of the ANX(R) network with state-of-the-art messaging and EDI
 connectivity currently offered by Peregrine Systems.  ANXVelocity brings the
 following benefits to EDI users in the automotive supply chain:
 
     -- Dramatic Cost Savings - Savings of up to 30 percent or more compared to
        traditional VAN costs.
 
     -- Greater Predictability and Monthly Forecasting - A flat rate pricing
        option provides a high level of predictability and flexibility in
        enabling electronic commerce and forecasting monthly B2B transaction
        costs.
 
     -- Reduced Implementation Time - A centralized database with a public
        library of maps and mapping tools helps companies reduce the time
        needed to configure and connect with new trading partners.
 
     -- Expanded B2B Reach - Direct B2B connections with a growing community of
        trading partners on one of the world's largest managed networks.
 
     ANXVelocity users will have access to Peregrine's Get2Connect(SM) data
 translation capabilities for real-time translation between Edifact, XML,
 RosettaNet EDI and other open or proprietary data standards.  They also will
 gain access to Peregrine's business process integration capabilities and
 eBusiness value-added services, including transaction reporting and data
 mining, financial services, logistics and collaborative supply chain services.
     The alliance between ANXeBusiness Corp and Peregrine Systems leverages
 strengths of both companies, giving ANXeBusiness access to Peregrine's more
 than 4,000 automotive customers and first-mover experience in Internet-based
 supply chain solutions.  Peregrine will have access to the existing 850 ANX(R)
 customers, including 109 of the top 150 suppliers in the automotive industry,
 as well as future additions to the ANX(R) network trading partner community.
     "Automotive industry companies are searching for reliable, real-world
 solutions to control and lower their costs and improve their agility," said
 ANXeBusiness Corp President and Chief Executive Officer Alexander J. Preston.
 "Traditionally, the cost of business transaction solutions has been high
 because of the variable usage and unpredictability of costs from company to
 company.  The flat price structure of ANXVelocity will help companies achieve
 cost efficiencies and gain greater control over their business operations."
     "We set out to create an industry best practice for companies to exchange
 mission-critical business transactions in a secure, reliable and
 high-performance environment," said Dan Longton, Peregrine Systems senior
 director of automotive solutions.  "We've succeeded in doing just that.  The
 joint solution brings buyers and sellers together to conduct business over the
 ANX(R) network.  Together, Peregrine and ANXeBusiness Corp will offer a
 solution that will help thousands of companies create operational efficiencies
 all the way down the supply chain."
     "We look forward to investigating the opportunity to bring other Peregrine
 technologies to the ANX(R) network," added Preston.
 
     ANXeBusiness Corp, a wholly owned subsidiary of Science Applications
 International Corporation (SAIC), owns and operates the ANX(R) network, which
 is one of the world's largest multi-provider Virtual Private Networks (VPN).
 Today a collaborative community of more than 850 organizations uses ANX(R)
 services to achieve reliable performance, complete accountability and highly
 secure supply chain management.  Services offered on the ANX(R) network
 include both extranet and intranet solutions.  The ANX(R) network serves
 multiple industries, including automotive, financial services, health care,
 railroads, steel, aluminum, rubber, high-tech and manufacturing.  The ANX(R)
 network, (a TCP/IP network that is separate from the public Internet utilizing
 a secured bandwidth), is provided and managed by multiple world-class
 telecommunications vendors, including Ameritech, AT&T, Bell Canada, Equant,
 Ideal Technology Solutions, ipulsys and MCI WorldCom.
 
     Founded in 1981, Peregrine has matured into one of the largest software
 companies worldwide.  Peregrine supports companies with solutions that remove
 friction points in managing infrastructure assets, empowering employees and
 enabling collaborative electronic commerce.  Peregrine's Infrastructure
 Management Group (IMG) provides solutions to manage the entire life cycle of
 an organization's assets, from information technology (IT) equipment and
 fleets of vehicles to a company's intangible knowledge assets.  Peregrine's
 Employee Relationship Management solutions give employees real-time tools to
 secure knowledge, services and resources from a portal accessed at a desktop
 computer or an array of mobile devices.  Peregrine's E-Markets Group (EMG)
 takes to market a digital business offering -- B2B Relationship Management --
 that provides a full range of software products and managed Internet services
 using Peregrine's Get2Connect(SM) global trading network.  Peregrine EMG
 processes nearly 1.2 million e-Commerce transactions every business day and
 annually transacts $280 billion.  Peregrine is headquartered in San Diego,
 California and has offices throughout the world.  For more information on
 Peregrine, visit http://www.peregrine.com.
 
     SAIC is the nation's largest employee-owned research and engineering
 company, providing information technology, systems integration and eBusiness
 products and services to commercial and government customers.  SAIC engineers
 and scientists work to solve complex technical problems in telecommunications,
 national security, health care, transportation, energy, the environment and
 financial services.  With annual revenues of $5.9 billion, SAIC and its
 subsidiaries, including Telcordia Technologies, have more than
 41,000 employees at offices in more than 150 cities worldwide.  More
 information about SAIC can be found on the Internet at www.saic.com.
 
     Statements in this announcement other than historical data and information
 constitute forward-looking statements that involve risks and uncertainties.  A
 number of factors could cause either company's actual results, performance,
 achievements or industry results to be very different from the results,
 performance or achievements expressed or implied by such forward-looking
 statements.  Some of these factors include, but are not limited to, the risk
 factors set forth in either company's Annual Report on Form 10-K for the
 period ended January 31, 2001, and such other filings that either company
 makes with the SEC from time to time.  Due to such uncertainties and risks,
 readers are cautioned not to place undue reliance on such forward-looking
 statements, which speak only as of the date hereof.
 
     ANX is a registered trademark of SAIC.  Peregrine Systems is a registered
 trademark and Get2Connect is a service mark of Peregrine Systems, Inc.  All
 other trademarks are the property of their respective owners.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X52507162
 
 

SOURCE Peregrine Systems
    SOUTHFIELD, Mich. and SAN DIEGO, April 23 /PRNewswire Interactive News
 Release/ -- ANXeBusiness Corp and Peregrine Systems (Nasdaq:   PRGN) today
 announced a new strategic alliance that brings together Peregrine's
 industry-leading electronic transaction capabilities with the performance,
 reliability and security guarantees of the ANX(R) network.  Under the
 agreement, the two companies introduce ANXVelocity Powered by Peregrine
 Systems, a B2B transaction service that can replace traditional VAN
 (Value Added Network) outsourced EDI (Electronic Data Interchange) translation
 services.
     With this announcement, ANXeBusiness and Peregrine Systems enter into an
 exclusive relationship to jointly market and sell ANXVelocity in the
 automotive industry.  ANXVelocity is available only on the ANX(R) network.
     ANXVelocity combines the security, guaranteed service levels and high
 speeds of the ANX(R) network with state-of-the-art messaging and EDI
 connectivity currently offered by Peregrine Systems.  ANXVelocity brings the
 following benefits to EDI users in the automotive supply chain:
 
     -- Dramatic Cost Savings - Savings of up to 30 percent or more compared to
        traditional VAN costs.
 
     -- Greater Predictability and Monthly Forecasting - A flat rate pricing
        option provides a high level of predictability and flexibility in
        enabling electronic commerce and forecasting monthly B2B transaction
        costs.
 
     -- Reduced Implementation Time - A centralized database with a public
        library of maps and mapping tools helps companies reduce the time
        needed to configure and connect with new trading partners.
 
     -- Expanded B2B Reach - Direct B2B connections with a growing community of
        trading partners on one of the world's largest managed networks.
 
     ANXVelocity users will have access to Peregrine's Get2Connect(SM) data
 translation capabilities for real-time translation between Edifact, XML,
 RosettaNet EDI and other open or proprietary data standards.  They also will
 gain access to Peregrine's business process integration capabilities and
 eBusiness value-added services, including transaction reporting and data
 mining, financial services, logistics and collaborative supply chain services.
     The alliance between ANXeBusiness Corp and Peregrine Systems leverages
 strengths of both companies, giving ANXeBusiness access to Peregrine's more
 than 4,000 automotive customers and first-mover experience in Internet-based
 supply chain solutions.  Peregrine will have access to the existing 850 ANX(R)
 customers, including 109 of the top 150 suppliers in the automotive industry,
 as well as future additions to the ANX(R) network trading partner community.
     "Automotive industry companies are searching for reliable, real-world
 solutions to control and lower their costs and improve their agility," said
 ANXeBusiness Corp President and Chief Executive Officer Alexander J. Preston.
 "Traditionally, the cost of business transaction solutions has been high
 because of the variable usage and unpredictability of costs from company to
 company.  The flat price structure of ANXVelocity will help companies achieve
 cost efficiencies and gain greater control over their business operations."
     "We set out to create an industry best practice for companies to exchange
 mission-critical business transactions in a secure, reliable and
 high-performance environment," said Dan Longton, Peregrine Systems senior
 director of automotive solutions.  "We've succeeded in doing just that.  The
 joint solution brings buyers and sellers together to conduct business over the
 ANX(R) network.  Together, Peregrine and ANXeBusiness Corp will offer a
 solution that will help thousands of companies create operational efficiencies
 all the way down the supply chain."
     "We look forward to investigating the opportunity to bring other Peregrine
 technologies to the ANX(R) network," added Preston.
 
     ANXeBusiness Corp, a wholly owned subsidiary of Science Applications
 International Corporation (SAIC), owns and operates the ANX(R) network, which
 is one of the world's largest multi-provider Virtual Private Networks (VPN).
 Today a collaborative community of more than 850 organizations uses ANX(R)
 services to achieve reliable performance, complete accountability and highly
 secure supply chain management.  Services offered on the ANX(R) network
 include both extranet and intranet solutions.  The ANX(R) network serves
 multiple industries, including automotive, financial services, health care,
 railroads, steel, aluminum, rubber, high-tech and manufacturing.  The ANX(R)
 network, (a TCP/IP network that is separate from the public Internet utilizing
 a secured bandwidth), is provided and managed by multiple world-class
 telecommunications vendors, including Ameritech, AT&T, Bell Canada, Equant,
 Ideal Technology Solutions, ipulsys and MCI WorldCom.
 
     Founded in 1981, Peregrine has matured into one of the largest software
 companies worldwide.  Peregrine supports companies with solutions that remove
 friction points in managing infrastructure assets, empowering employees and
 enabling collaborative electronic commerce.  Peregrine's Infrastructure
 Management Group (IMG) provides solutions to manage the entire life cycle of
 an organization's assets, from information technology (IT) equipment and
 fleets of vehicles to a company's intangible knowledge assets.  Peregrine's
 Employee Relationship Management solutions give employees real-time tools to
 secure knowledge, services and resources from a portal accessed at a desktop
 computer or an array of mobile devices.  Peregrine's E-Markets Group (EMG)
 takes to market a digital business offering -- B2B Relationship Management --
 that provides a full range of software products and managed Internet services
 using Peregrine's Get2Connect(SM) global trading network.  Peregrine EMG
 processes nearly 1.2 million e-Commerce transactions every business day and
 annually transacts $280 billion.  Peregrine is headquartered in San Diego,
 California and has offices throughout the world.  For more information on
 Peregrine, visit http://www.peregrine.com.
 
     SAIC is the nation's largest employee-owned research and engineering
 company, providing information technology, systems integration and eBusiness
 products and services to commercial and government customers.  SAIC engineers
 and scientists work to solve complex technical problems in telecommunications,
 national security, health care, transportation, energy, the environment and
 financial services.  With annual revenues of $5.9 billion, SAIC and its
 subsidiaries, including Telcordia Technologies, have more than
 41,000 employees at offices in more than 150 cities worldwide.  More
 information about SAIC can be found on the Internet at www.saic.com.
 
     Statements in this announcement other than historical data and information
 constitute forward-looking statements that involve risks and uncertainties.  A
 number of factors could cause either company's actual results, performance,
 achievements or industry results to be very different from the results,
 performance or achievements expressed or implied by such forward-looking
 statements.  Some of these factors include, but are not limited to, the risk
 factors set forth in either company's Annual Report on Form 10-K for the
 period ended January 31, 2001, and such other filings that either company
 makes with the SEC from time to time.  Due to such uncertainties and risks,
 readers are cautioned not to place undue reliance on such forward-looking
 statements, which speak only as of the date hereof.
 
     ANX is a registered trademark of SAIC.  Peregrine Systems is a registered
 trademark and Get2Connect is a service mark of Peregrine Systems, Inc.  All
 other trademarks are the property of their respective owners.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X52507162
 
 SOURCE  Peregrine Systems