Covendis Technologies and Sabre Marketplace Announce Co-Marketing Agreement

Apr 23, 2001, 01:00 ET from Covendis Technologies

    ATLANTA, April 23 /PRNewswire Interactive News Release/ -- Covendis
 Technologies (formerly known as uWork), the leading provider of eprocurement
 solutions in the professional services industry, and Sabre Holdings
 Corporation (NYSE:   TSG), the leading provider of technology and marketing
 services for the travel industry, today announced a co-marketing agreement.
 The agreement includes joint marketing and sales activities and provides Sabre
 customers an eprocurement solution for their contract services and temporary
 staffing requirements.  As part of this agreement, Sabre will market the
 Covendis Services eProcurement (SeP) platform technology to those customers
 currently utilizing or evaluating eprocurement solutions offered by Sabre
 through its partnership with Ariba, Inc.
     Sabre's eProcurement solutions include Ariba Buyer(TM), the most robust
 eprocurement product available today and Sabre(R) Marketplace, an Internet-
 enabled business to business (B2B) marketplace designed to offer procurement
 solutions exclusively for the travel and transportation industry.  These
 eprocurement solutions address the inefficiencies of a manual procurement
 process, driving cost savings for participants through streamlined purchasing
 processes.
     Sabre chose Covendis for its cutting-edge technology.  Covendis' robust,
 flexible platform will enable Sabre customers to satisfy their professional
 service and temporary staffing requirements with speed, ease and less cost.
 The entire process from vendor selection through requisitions and resume
 responses to invoice processing and payment can be handled electronically by
 Covendis.
     "We are excited to have Sabre join the list of ecommerce leaders using the
 Covendis SeP to deliver high value services to their customers," said Raymond
 Tsao, Covendis Technologies Founder and CEO.  "Spending on professional
 services accounts for a significant percentage of a typical company's revenue.
 By leveraging the Internet to deliver procurement software as a service, via a
 browser, Covendis makes it easy and cost efficient for companies to help their
 customers automate, integrate and control their contract labor procurement
 process."
     "We selected Covendis Technologies because we were impressed by their
 comprehensive approach to professional services eprocurement," said Tom Woods,
 Vice President, Sabre Marketplace.  "We are committed to providing the highest
 level of service and value to our customers through our eprocurement
 initiatives, and Covendis will help us accomplish this."
 
     About Covendis Technologies
     Formerly known as uWork, Covendis Technologies provides the world's first
 web-based complete contract labor procurement infrastructure.  Using proven
 methodology, Covendis assesses current buyer processes and vendor
 relationships, then provides recommendations to achieve guaranteed results.
 Results are delivered through the patent-pending Covendis Services
 eProcurement Platform, which electronically connects companies to their
 contract labor services suppliers in a private network.  Covendis assists
 companies at any stage in their vendor management evolution by lowering costs,
 enabling access to a greater network of suppliers and contract talent, and by
 supplying better management information to improve process efficiency.  For
 more information on Covendis Technologies, visit www.covendis.com .
 
     About Sabre
     Sabre is the leading provider of technology and marketing services for the
 travel industry.  Headquartered in Dallas/Ft. Worth, Texas, the company has
 nearly 10,000 employees worldwide who span 45 countries.  Sabre reported 2000
 revenues of $2.6 Billion, an increase of 7.5 percent from 1999.  Sabre
 maintains an ownership interest of approximately 70 percent in
 Travelocity.com, the world's leading online B2C travel site.  More information
 on Sabre is available on the World Wide Web at http://www.sabre.com .  Sabre
 and the Sabre logo are registered trademarks of an affiliate of Sabre Inc.
 
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SOURCE Covendis Technologies
    ATLANTA, April 23 /PRNewswire Interactive News Release/ -- Covendis
 Technologies (formerly known as uWork), the leading provider of eprocurement
 solutions in the professional services industry, and Sabre Holdings
 Corporation (NYSE:   TSG), the leading provider of technology and marketing
 services for the travel industry, today announced a co-marketing agreement.
 The agreement includes joint marketing and sales activities and provides Sabre
 customers an eprocurement solution for their contract services and temporary
 staffing requirements.  As part of this agreement, Sabre will market the
 Covendis Services eProcurement (SeP) platform technology to those customers
 currently utilizing or evaluating eprocurement solutions offered by Sabre
 through its partnership with Ariba, Inc.
     Sabre's eProcurement solutions include Ariba Buyer(TM), the most robust
 eprocurement product available today and Sabre(R) Marketplace, an Internet-
 enabled business to business (B2B) marketplace designed to offer procurement
 solutions exclusively for the travel and transportation industry.  These
 eprocurement solutions address the inefficiencies of a manual procurement
 process, driving cost savings for participants through streamlined purchasing
 processes.
     Sabre chose Covendis for its cutting-edge technology.  Covendis' robust,
 flexible platform will enable Sabre customers to satisfy their professional
 service and temporary staffing requirements with speed, ease and less cost.
 The entire process from vendor selection through requisitions and resume
 responses to invoice processing and payment can be handled electronically by
 Covendis.
     "We are excited to have Sabre join the list of ecommerce leaders using the
 Covendis SeP to deliver high value services to their customers," said Raymond
 Tsao, Covendis Technologies Founder and CEO.  "Spending on professional
 services accounts for a significant percentage of a typical company's revenue.
 By leveraging the Internet to deliver procurement software as a service, via a
 browser, Covendis makes it easy and cost efficient for companies to help their
 customers automate, integrate and control their contract labor procurement
 process."
     "We selected Covendis Technologies because we were impressed by their
 comprehensive approach to professional services eprocurement," said Tom Woods,
 Vice President, Sabre Marketplace.  "We are committed to providing the highest
 level of service and value to our customers through our eprocurement
 initiatives, and Covendis will help us accomplish this."
 
     About Covendis Technologies
     Formerly known as uWork, Covendis Technologies provides the world's first
 web-based complete contract labor procurement infrastructure.  Using proven
 methodology, Covendis assesses current buyer processes and vendor
 relationships, then provides recommendations to achieve guaranteed results.
 Results are delivered through the patent-pending Covendis Services
 eProcurement Platform, which electronically connects companies to their
 contract labor services suppliers in a private network.  Covendis assists
 companies at any stage in their vendor management evolution by lowering costs,
 enabling access to a greater network of suppliers and contract talent, and by
 supplying better management information to improve process efficiency.  For
 more information on Covendis Technologies, visit www.covendis.com .
 
     About Sabre
     Sabre is the leading provider of technology and marketing services for the
 travel industry.  Headquartered in Dallas/Ft. Worth, Texas, the company has
 nearly 10,000 employees worldwide who span 45 countries.  Sabre reported 2000
 revenues of $2.6 Billion, an increase of 7.5 percent from 1999.  Sabre
 maintains an ownership interest of approximately 70 percent in
 Travelocity.com, the world's leading online B2C travel site.  More information
 on Sabre is available on the World Wide Web at http://www.sabre.com .  Sabre
 and the Sabre logo are registered trademarks of an affiliate of Sabre Inc.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X13362122
 
 SOURCE  Covendis Technologies