Documentum and Menerva Team to Provide Advanced Contract-Based E-Procurement Solution for Enterprises

Strategic OEM Agreement Combines Menerva's Advanced Contract Negotiation

And Management Application With Documentum's New 4i B2B Content Management

Platform



Apr 02, 2001, 01:00 ET from Documentum, Inc.

    PLEASANTON, Calif. and REDWOOD CITY, Calif., April 2 /PRNewswire/ --
 Documentum (Nasdaq:   DCTM), the leading provider of Internet-scale enterprise
 content management solutions for powering e-business applications, and Menerva
 Technologies, Inc., an innovative provider of online collaborative negotiation
 and contract management solutions for enterprises and e-marketplaces, today
 announced that the two companies are teaming to provide enterprise customers
 with an advanced contract-based e-procurement solution for collaborative
 commerce. Under the terms of the strategic OEM agreement, Menerva is licensing
 the Documentum 4i B2B Content Management Edition as the foundation for
 content-enabling Menerva's innovative MarketProcess(TM) online procurement
 application suite, offering enterprises sophisticated content management
 capabilities for contract-based procurement.
     Contracts, and the rich content contained in them, are critical components
 of true collaborative B2B commerce among buyers and suppliers. With the
 ability to strategically source, negotiate and manage -- in an integrated
 content management platform -- the business logic and content that forms the
 essence of all contracts, enterprises can now accelerate business
 collaboration among trading partners and suppliers.
     "Embedding Documentum content management technology in Menerva
 MarketProcess is a solid validation to the viability of the Documentum
 4i platform for extending enterprise content management across an
 e-procurement function to the competitive advantage of our joint customers,"
 said Jay De Walt, vice president of partner initiatives for Documentum.
 "Contract negotiation and management solutions have long been a priority on
 the wish-list of many Documentum customers. With a partner like Menerva, we
 will be able to better address these critical e-procurement needs and enhance
 our B2B application ecosystem. We are pleased by the selection and look
 forward to helping Menerva bring their integration to market."
     "We selected Documentum 4i B2B Content Management Edition after an
 extensive technical evaluation which uncovered the complete extent of its
 robust enterprise content management capabilities," said Robert Petrossian,
 co-founder and CEO of Menerva Technologies, Inc. "We concluded that the
 powerful combination of Menerva MarketProcess and Documentum 4i B2B Edition
 brings the best value and competitive advantage to Global 2000 companies
 through such features as sophisticated versioning capabilities to fully
 automate contract-based procurement workflow. By leveraging Documentum's
 market-leading platform, Menerva and Documentum address enterprise customers
 needs for an advanced solution to tackle their real-world contract negotiation
 and management requirements."
     Documentum 4i B2B Content Management Edition provides a market-leading,
 integrated content management platform that enables quick and easy development
 and deployment of content-rich B2B applications across a common content
 framework. The new platform provides a complete content infrastructure for
 developing and deploying a wide array of B2B applications. Enhanced by
 Engagement Services, Syndication Services, Collaboration Services, and
 Documentum Developer Studio, Documentum 4i B2B Content Management Edition
 extends the production and exchange of content among and between
 organizations.
     Menerva's MarketProcess provides the industry's first end-to-end online
 procurement solution for contract negotiation and management. Developed to
 meet the unique, collaborative commerce needs for procurement of complex goods
 and services, Menerva MarketProcess addresses the complete contract lifecycle,
 from sourcing and negotiation to contract development and obligation
 management.  With it, enterprises can reduce costs, efforts and cycle times of
 their mission-critical procurement processes and harness key decision support
 metrics for future contract-based purchasing.
     In addition to the OEM and licensing agreement between Menerva and
 Documentum, the two companies will also be collaborating in marketing and
 sales, including joint customer seminars, product information materials and PR
 activities.
 
     About Menerva
     Menerva Technologies is an innovative provider of online collaborative
 negotiation and contract management solutions for enterprises and
 e-marketplaces. The company's Menerva MarketProcess product suite transforms
 all aspects of complex contract negotiation and management between buyers and
 sellers and trading partners from current labor-intensive administrative
 procedures to an automated and completely streamlined process. Menerva's
 products are targeted at businesses that seek to capture innovation and market
 advantage by automating the entire procurement lifecycle for the complex,
 contract-based buying that typifies direct materials and services procurement.
     Founded in 1999, Menerva is a privately held company with headquarters in
 Redwood City, California. For more information, visit Menerva's web site at
 www.menerva.com or contact the company at 650-482-9240.
 
     About Documentum
     Documentum drives content management through e-businesses with an open,
 flexible, Internet-scale platform that enables customers to create, deliver,
 publish, and personalize content in all formats across all e-business
 applications. More than 1,100 Global 2000 companies use Documentum products
 and services to provide dynamic, trusted content to all users, the key to
 e-business success in the New Economy. Documentum is an active sponsor of
 OASIS (Organization for the Advancement of Structured Information Standards)
 and a founding member of XML.org, as well as a UDDI.org (Universal
 Description, Discover and Integration) advisor and an associate member of the
 WAP (Wireless Application Protocol) Forum. For more information, please visit
 Documentum on the Web at www.documentum.com.
     Documentum and the documentum logo are trademarks or registered trademarks
 of Documentum, Inc. in the US and throughout the world. All other company and
 product names are used for identification purposes only and may be trademarks
 of their respective owners.
     In addition to historical information contained herein, this news release
 contains forward-looking statements that involve risks and uncertainties. The
 company's future actual results could differ materially from the
 forward-looking statements discussed herein. Factors that could cause or
 contribute to such differences include, but are not limited to, those
 discussed from time to time in the company's public reports filed with the
 Securities and Exchange Commission, such as those under "Risk Factors"
 included in the company's annual report on Form 10-K for the fiscal year ended
 December 31, 1999, as well as the company's other public reports filed with
 the Securities and Exchange Commission. The company undertakes no obligation
 to update or revise these forward-looking statements.
 
 

SOURCE Documentum, Inc.
    PLEASANTON, Calif. and REDWOOD CITY, Calif., April 2 /PRNewswire/ --
 Documentum (Nasdaq:   DCTM), the leading provider of Internet-scale enterprise
 content management solutions for powering e-business applications, and Menerva
 Technologies, Inc., an innovative provider of online collaborative negotiation
 and contract management solutions for enterprises and e-marketplaces, today
 announced that the two companies are teaming to provide enterprise customers
 with an advanced contract-based e-procurement solution for collaborative
 commerce. Under the terms of the strategic OEM agreement, Menerva is licensing
 the Documentum 4i B2B Content Management Edition as the foundation for
 content-enabling Menerva's innovative MarketProcess(TM) online procurement
 application suite, offering enterprises sophisticated content management
 capabilities for contract-based procurement.
     Contracts, and the rich content contained in them, are critical components
 of true collaborative B2B commerce among buyers and suppliers. With the
 ability to strategically source, negotiate and manage -- in an integrated
 content management platform -- the business logic and content that forms the
 essence of all contracts, enterprises can now accelerate business
 collaboration among trading partners and suppliers.
     "Embedding Documentum content management technology in Menerva
 MarketProcess is a solid validation to the viability of the Documentum
 4i platform for extending enterprise content management across an
 e-procurement function to the competitive advantage of our joint customers,"
 said Jay De Walt, vice president of partner initiatives for Documentum.
 "Contract negotiation and management solutions have long been a priority on
 the wish-list of many Documentum customers. With a partner like Menerva, we
 will be able to better address these critical e-procurement needs and enhance
 our B2B application ecosystem. We are pleased by the selection and look
 forward to helping Menerva bring their integration to market."
     "We selected Documentum 4i B2B Content Management Edition after an
 extensive technical evaluation which uncovered the complete extent of its
 robust enterprise content management capabilities," said Robert Petrossian,
 co-founder and CEO of Menerva Technologies, Inc. "We concluded that the
 powerful combination of Menerva MarketProcess and Documentum 4i B2B Edition
 brings the best value and competitive advantage to Global 2000 companies
 through such features as sophisticated versioning capabilities to fully
 automate contract-based procurement workflow. By leveraging Documentum's
 market-leading platform, Menerva and Documentum address enterprise customers
 needs for an advanced solution to tackle their real-world contract negotiation
 and management requirements."
     Documentum 4i B2B Content Management Edition provides a market-leading,
 integrated content management platform that enables quick and easy development
 and deployment of content-rich B2B applications across a common content
 framework. The new platform provides a complete content infrastructure for
 developing and deploying a wide array of B2B applications. Enhanced by
 Engagement Services, Syndication Services, Collaboration Services, and
 Documentum Developer Studio, Documentum 4i B2B Content Management Edition
 extends the production and exchange of content among and between
 organizations.
     Menerva's MarketProcess provides the industry's first end-to-end online
 procurement solution for contract negotiation and management. Developed to
 meet the unique, collaborative commerce needs for procurement of complex goods
 and services, Menerva MarketProcess addresses the complete contract lifecycle,
 from sourcing and negotiation to contract development and obligation
 management.  With it, enterprises can reduce costs, efforts and cycle times of
 their mission-critical procurement processes and harness key decision support
 metrics for future contract-based purchasing.
     In addition to the OEM and licensing agreement between Menerva and
 Documentum, the two companies will also be collaborating in marketing and
 sales, including joint customer seminars, product information materials and PR
 activities.
 
     About Menerva
     Menerva Technologies is an innovative provider of online collaborative
 negotiation and contract management solutions for enterprises and
 e-marketplaces. The company's Menerva MarketProcess product suite transforms
 all aspects of complex contract negotiation and management between buyers and
 sellers and trading partners from current labor-intensive administrative
 procedures to an automated and completely streamlined process. Menerva's
 products are targeted at businesses that seek to capture innovation and market
 advantage by automating the entire procurement lifecycle for the complex,
 contract-based buying that typifies direct materials and services procurement.
     Founded in 1999, Menerva is a privately held company with headquarters in
 Redwood City, California. For more information, visit Menerva's web site at
 www.menerva.com or contact the company at 650-482-9240.
 
     About Documentum
     Documentum drives content management through e-businesses with an open,
 flexible, Internet-scale platform that enables customers to create, deliver,
 publish, and personalize content in all formats across all e-business
 applications. More than 1,100 Global 2000 companies use Documentum products
 and services to provide dynamic, trusted content to all users, the key to
 e-business success in the New Economy. Documentum is an active sponsor of
 OASIS (Organization for the Advancement of Structured Information Standards)
 and a founding member of XML.org, as well as a UDDI.org (Universal
 Description, Discover and Integration) advisor and an associate member of the
 WAP (Wireless Application Protocol) Forum. For more information, please visit
 Documentum on the Web at www.documentum.com.
     Documentum and the documentum logo are trademarks or registered trademarks
 of Documentum, Inc. in the US and throughout the world. All other company and
 product names are used for identification purposes only and may be trademarks
 of their respective owners.
     In addition to historical information contained herein, this news release
 contains forward-looking statements that involve risks and uncertainties. The
 company's future actual results could differ materially from the
 forward-looking statements discussed herein. Factors that could cause or
 contribute to such differences include, but are not limited to, those
 discussed from time to time in the company's public reports filed with the
 Securities and Exchange Commission, such as those under "Risk Factors"
 included in the company's annual report on Form 10-K for the fiscal year ended
 December 31, 1999, as well as the company's other public reports filed with
 the Securities and Exchange Commission. The company undertakes no obligation
 to update or revise these forward-looking statements.
 
 SOURCE  Documentum, Inc.