Moai and Digital Paper Collaborate to Bring Advanced Document Support to E-sourcing

New Agreement Offers docQuest(TM) Secure Technical Content Exchange To

Complement CompleteSource(TM) E-sourcing Solution



Apr 24, 2001, 01:00 ET from Moai Technologies, Inc.

    SAN FRANCISCO and ALEXANDRIA, Va., April 24, /PRNewswire Interactive News
 Release/ -- Moai Technologies, Inc., a leading provider of strategic
 e-sourcing and e-commerce infrastructure solutions, and Digital Paper
 Corporation(TM), an innovative provider of secure technical content exchange
 and collaboration solutions, today announced a marketing partnership that will
 make Digital Paper's docQuest(TM) available to Moai's CompleteSource(TM)
 customers to facilitate the exchange of detailed electronic documents while
 using CompleteSource to do online strategic sourcing.
     Under the terms of the agreement, Digital Paper's docQuest(TM) exchange
 and collaboration software for complex technical content will be marketed to
 complement the document management capability already included in Moai's
 CompleteSource.  Digital Paper's docQuest offers easy, secure user access via
 a Web browser to product and process content, such as engineering drawings,
 schematics, blueprints, specification sheets, and contracts that can be
 related to a sourcing event.
     The combined solution will benefit customers whose sourcing requirements
 include a heavy reliance on complex technical documents as a critical
 component of RFQs.  By including support from Digital Paper, CompleteSource
 users now have a more comprehensive document exchange tool, which includes
 mark-up, version control, indexing, and other capabilities required to
 streamline buyer-supplier collaboration and speed decision-making.  Users can
 still take advantage of the document management capabilities offered in
 CompleteSource that allow buyers and sellers to attach supporting files to
 specific lines in a multi-line, multi-parameter eRFQ.
     "As the market leader in solutions for technical content exchange, Digital
 Paper is pleased to partner with Moai as the emerging leader in online
 strategic sourcing solutions," said Jan Malasek, vice president of business
 development for Digital Paper.  "Digital Paper has already proven to be an
 invaluable resource to exchange complex documents for a number of vertical
 markets including the automotive, aerospace and industrial equipment
 industries.  Through this partnership, we can extend the value of Moai's
 CompleteSource for e-sourcing in target industry segments that require
 collaboration on extremely complex manufacturing projects."
     Moai's CompleteSource solution was created to allow companies to emulate
 traditional procurement processes on the Internet, simplifying sourcing of
 both complex direct and indirect materials and bringing established business
 rules to e-sourcing.  By offering docQuest as a value-added complement for
 CompleteSource, suppliers benefit by always having access to the current
 version of a technical document and having an easy way of collaborating with
 buyers, which will significantly improve eRFQ bidding accuracy and eliminate
 rework to execute a contract.
     "We designed CompleteSource as a comprehensive e-sourcing solution that
 could be adapted to meet the needs of any organization or any industry," notes
 Arnold Waldstein, vice president of marketing and strategic alliances for
 Moai.  "Through this alliance with Digital Paper, we are able to expand the
 document management support in CompleteSource, making it even more versatile
 and better suited to target vertical markets, such as aerospace or automotive
 manufacturing.  Our goal is to give purchasing and supply chain managers a
 comprehensive set of e-sourcing tools that can be customized to any strategic
 sourcing need."
 
     About Digital Paper
     Headquartered in Alexandria, Va., Digital Paper is a privately held
 company that improves customers' business performance by enabling fast, secure
 collaboration and exchange of intellectual capital over the Internet.  Named
 as one of Fortune magazine's Cool Companies-Hot Ideas 2000, Digital Paper
 works with more than 250 customers worldwide, including leading discrete
 manufacturing, utilities and government organizations.  Digital Paper has
 developed solutions for market leaders such as Lucent Technologies, Eastman
 Kodak Company, General Motors Corporation, Grove Worldwide, The Boeing Company
 and Delphi Automotive Systems.  The Company's equity partners are Columbia
 Capital, Accenture Technology Ventures, Edison Venture Fund, Longworth Venture
 Partners and Aether Capital.  For additional information about Digital Paper's
 products and services, please call 888-215-6677 or visit our website at
 www.digitalpaper.com.
 
     About Moai Technologies
     Moai Technologies provides e-sourcing and online negotiation solutions
 that can lower costs and raise profit margins for Global 2000 companies.
 Combining domain expertise and enterprise software, Moai's CompleteSource(TM)
 e-Sourcing Solution brings strategic sourcing online to reduce purchasing
 expenditures and streamline existing purchasing processes.  Moai's solutions
 bring together Moai's CompleteSource Enterprise best-of-breed software,
 hosting services, domain and technical expertise, and a complete deployment
 infrastructure that can scale to meet any customer's e-sourcing needs.
 Founded in 1996, Moai has licensed its online negotiation engine to more than
 140 customers including Eastman Chemical, BHP, and ForestExpress, and has
 strategic partnerships with Accenture, Computer Sciences Corporation and
 Manugistics.  Moai investors include market leaders such as Accenture
 Technology Ventures, Hewlett-Packard, Intel, Merrill Lynch, Reuters, and UPS.
     Founded in 1996, Moai Technologies, Inc., is headquartered at
 25 Lusk Street, San Francisco, CA 94107, telephone:  415-625-0601; FAX:
 415-625-1200; www.moai.com.
 
     This release contains forward-looking statements that involve risks and
 uncertainties. In some cases, you can identify forward-looking statements by
 terminology such as "may," "will," "should," "forecasts," "expects," "plans,"
 "anticipates," "believes," "estimates," "predicts," "potential," or "continue"
 or the negative of such terms and other comparable terminology.  These
 statements relate to future events or Moai's future financial performance.
 These statements are only predictions and may differ materially from actual
 future events or results.  Moai disclaims any intention or obligation to
 revise any forward-looking statements whether as a result of new information,
 future developments or otherwise.  Important risk factors that could cause
 actual results to differ from those contained in forward-looking statements
 include, without limitation, Moai's limited operating history, the risk that
 Moai will not sustain its historical revenue growth rate or achieve
 profitability, the risk that Moai's current and future products may not meet
 its customers' needs and expectations, the risk that Moai's cost of revenues
 and operating expenses will exceed the level that Moai predicts, the risk that
 the market for e-procurement and online strategic sourcing solutions will not
 grow and evolve as Moai predicts, the risk that Moai will fail to address the
 rapid technological changes in Moai's market, the risk that Moai will fail to
 obtain additional financing on reasonable terms, Moai's reliance on a limited
 number of products, Moai's reliance on revenues from small customers that
 present a high risk of non-payment of license and service fees, Moai's
 reliance on third party software and service providers, Moai's need to attract
 and retain employees and key management, Moai's need to expand its
 distribution channels, competitive factors and protection of intellectual
 property.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X96477248
 
 

SOURCE Moai Technologies, Inc.
    SAN FRANCISCO and ALEXANDRIA, Va., April 24, /PRNewswire Interactive News
 Release/ -- Moai Technologies, Inc., a leading provider of strategic
 e-sourcing and e-commerce infrastructure solutions, and Digital Paper
 Corporation(TM), an innovative provider of secure technical content exchange
 and collaboration solutions, today announced a marketing partnership that will
 make Digital Paper's docQuest(TM) available to Moai's CompleteSource(TM)
 customers to facilitate the exchange of detailed electronic documents while
 using CompleteSource to do online strategic sourcing.
     Under the terms of the agreement, Digital Paper's docQuest(TM) exchange
 and collaboration software for complex technical content will be marketed to
 complement the document management capability already included in Moai's
 CompleteSource.  Digital Paper's docQuest offers easy, secure user access via
 a Web browser to product and process content, such as engineering drawings,
 schematics, blueprints, specification sheets, and contracts that can be
 related to a sourcing event.
     The combined solution will benefit customers whose sourcing requirements
 include a heavy reliance on complex technical documents as a critical
 component of RFQs.  By including support from Digital Paper, CompleteSource
 users now have a more comprehensive document exchange tool, which includes
 mark-up, version control, indexing, and other capabilities required to
 streamline buyer-supplier collaboration and speed decision-making.  Users can
 still take advantage of the document management capabilities offered in
 CompleteSource that allow buyers and sellers to attach supporting files to
 specific lines in a multi-line, multi-parameter eRFQ.
     "As the market leader in solutions for technical content exchange, Digital
 Paper is pleased to partner with Moai as the emerging leader in online
 strategic sourcing solutions," said Jan Malasek, vice president of business
 development for Digital Paper.  "Digital Paper has already proven to be an
 invaluable resource to exchange complex documents for a number of vertical
 markets including the automotive, aerospace and industrial equipment
 industries.  Through this partnership, we can extend the value of Moai's
 CompleteSource for e-sourcing in target industry segments that require
 collaboration on extremely complex manufacturing projects."
     Moai's CompleteSource solution was created to allow companies to emulate
 traditional procurement processes on the Internet, simplifying sourcing of
 both complex direct and indirect materials and bringing established business
 rules to e-sourcing.  By offering docQuest as a value-added complement for
 CompleteSource, suppliers benefit by always having access to the current
 version of a technical document and having an easy way of collaborating with
 buyers, which will significantly improve eRFQ bidding accuracy and eliminate
 rework to execute a contract.
     "We designed CompleteSource as a comprehensive e-sourcing solution that
 could be adapted to meet the needs of any organization or any industry," notes
 Arnold Waldstein, vice president of marketing and strategic alliances for
 Moai.  "Through this alliance with Digital Paper, we are able to expand the
 document management support in CompleteSource, making it even more versatile
 and better suited to target vertical markets, such as aerospace or automotive
 manufacturing.  Our goal is to give purchasing and supply chain managers a
 comprehensive set of e-sourcing tools that can be customized to any strategic
 sourcing need."
 
     About Digital Paper
     Headquartered in Alexandria, Va., Digital Paper is a privately held
 company that improves customers' business performance by enabling fast, secure
 collaboration and exchange of intellectual capital over the Internet.  Named
 as one of Fortune magazine's Cool Companies-Hot Ideas 2000, Digital Paper
 works with more than 250 customers worldwide, including leading discrete
 manufacturing, utilities and government organizations.  Digital Paper has
 developed solutions for market leaders such as Lucent Technologies, Eastman
 Kodak Company, General Motors Corporation, Grove Worldwide, The Boeing Company
 and Delphi Automotive Systems.  The Company's equity partners are Columbia
 Capital, Accenture Technology Ventures, Edison Venture Fund, Longworth Venture
 Partners and Aether Capital.  For additional information about Digital Paper's
 products and services, please call 888-215-6677 or visit our website at
 www.digitalpaper.com.
 
     About Moai Technologies
     Moai Technologies provides e-sourcing and online negotiation solutions
 that can lower costs and raise profit margins for Global 2000 companies.
 Combining domain expertise and enterprise software, Moai's CompleteSource(TM)
 e-Sourcing Solution brings strategic sourcing online to reduce purchasing
 expenditures and streamline existing purchasing processes.  Moai's solutions
 bring together Moai's CompleteSource Enterprise best-of-breed software,
 hosting services, domain and technical expertise, and a complete deployment
 infrastructure that can scale to meet any customer's e-sourcing needs.
 Founded in 1996, Moai has licensed its online negotiation engine to more than
 140 customers including Eastman Chemical, BHP, and ForestExpress, and has
 strategic partnerships with Accenture, Computer Sciences Corporation and
 Manugistics.  Moai investors include market leaders such as Accenture
 Technology Ventures, Hewlett-Packard, Intel, Merrill Lynch, Reuters, and UPS.
     Founded in 1996, Moai Technologies, Inc., is headquartered at
 25 Lusk Street, San Francisco, CA 94107, telephone:  415-625-0601; FAX:
 415-625-1200; www.moai.com.
 
     This release contains forward-looking statements that involve risks and
 uncertainties. In some cases, you can identify forward-looking statements by
 terminology such as "may," "will," "should," "forecasts," "expects," "plans,"
 "anticipates," "believes," "estimates," "predicts," "potential," or "continue"
 or the negative of such terms and other comparable terminology.  These
 statements relate to future events or Moai's future financial performance.
 These statements are only predictions and may differ materially from actual
 future events or results.  Moai disclaims any intention or obligation to
 revise any forward-looking statements whether as a result of new information,
 future developments or otherwise.  Important risk factors that could cause
 actual results to differ from those contained in forward-looking statements
 include, without limitation, Moai's limited operating history, the risk that
 Moai will not sustain its historical revenue growth rate or achieve
 profitability, the risk that Moai's current and future products may not meet
 its customers' needs and expectations, the risk that Moai's cost of revenues
 and operating expenses will exceed the level that Moai predicts, the risk that
 the market for e-procurement and online strategic sourcing solutions will not
 grow and evolve as Moai predicts, the risk that Moai will fail to address the
 rapid technological changes in Moai's market, the risk that Moai will fail to
 obtain additional financing on reasonable terms, Moai's reliance on a limited
 number of products, Moai's reliance on revenues from small customers that
 present a high risk of non-payment of license and service fees, Moai's
 reliance on third party software and service providers, Moai's need to attract
 and retain employees and key management, Moai's need to expand its
 distribution channels, competitive factors and protection of intellectual
 property.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X96477248
 
 SOURCE  Moai Technologies, Inc.