Peregrine Systems(R) Completes Acquisition of Extricity

New Enriched E-Market Offering Removes Frictional Cost in the Supply Chain,

While Enabling True Collaborative Commerce



Apr 24, 2001, 01:00 ET from Peregrine Systems, Inc.

    SAN DIEGO, April 24 /PRNewswire Interactive News Release/ -- Peregrine
 Systems, Inc. (Nasdaq: PRGN), one of the world's leading software companies,
 today announced the completion of its acquisition of Extricity, Inc.
 Extricity's technology and services immediately become part of Peregrine and
 are being integrated into the company's E-Markets Group (EMG).
     "Since first announcing our intent to acquire Extricity, we have been
 delighted by the support from current and prospective customers, as well as
 industry analysts regarding our strategy," said Louis Blatt, president of
 Peregrine EMG.  "With the addition of Extricity's relationship management
 software, we are building a unique offering in the B2B community.  By using
 business process technology to create an electronic supply chain dialogue, we
 help customers optimize their B2B relationships and realize true collaborative
 commerce.  Our goal is to eliminate frictional costs in the supply chain by
 automating key business processes across the value chain."
     Extricity contributes its B2B relationship management software to
 Peregrine's catalog creation, transformation, and network capabilities to more
 easily connect buyers, suppliers, business partners and e-Markets using
 Peregrine's Get2Connect(SM) global trading network.  The combined Peregrine
 and Extricity technologies enable customers to move beyond document exchange
 to real-time, process-based collaboration -- regardless of disparate data
 formats, communication protocols and business processes.  Pragmatic and
 deliverable collaborative commerce between different companies, applications
 and processes is enabled through the combination of Peregrine and Extricity
 technology.  The Peregrine EMG network -- known as Get2Connect -- processes
 nearly 1.2 million e-Commerce transactions every business day for more than
 43,000 companies.
     Among the first to take advantage of the Peregrine vision was ON
 Semiconductor, a global supplier of broadband and power-management Integrated
 Circuits (ICs) and standard semiconductors.  The Peregrine offering enables ON
 Semiconductor and its 400 trading partners to integrate their business
 processes to work together in an automated, intelligent and collaborative
 trading community.
 
     About Peregrine
     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 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 global trading network.  Peregrine is headquartered in
 San Diego, California and has offices throughout the world.  For more
 information on Peregrine, visit http://www.peregrine.com.
 
     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/11690X62689463
 
 

SOURCE Peregrine Systems, Inc.
    SAN DIEGO, April 24 /PRNewswire Interactive News Release/ -- Peregrine
 Systems, Inc. (Nasdaq: PRGN), one of the world's leading software companies,
 today announced the completion of its acquisition of Extricity, Inc.
 Extricity's technology and services immediately become part of Peregrine and
 are being integrated into the company's E-Markets Group (EMG).
     "Since first announcing our intent to acquire Extricity, we have been
 delighted by the support from current and prospective customers, as well as
 industry analysts regarding our strategy," said Louis Blatt, president of
 Peregrine EMG.  "With the addition of Extricity's relationship management
 software, we are building a unique offering in the B2B community.  By using
 business process technology to create an electronic supply chain dialogue, we
 help customers optimize their B2B relationships and realize true collaborative
 commerce.  Our goal is to eliminate frictional costs in the supply chain by
 automating key business processes across the value chain."
     Extricity contributes its B2B relationship management software to
 Peregrine's catalog creation, transformation, and network capabilities to more
 easily connect buyers, suppliers, business partners and e-Markets using
 Peregrine's Get2Connect(SM) global trading network.  The combined Peregrine
 and Extricity technologies enable customers to move beyond document exchange
 to real-time, process-based collaboration -- regardless of disparate data
 formats, communication protocols and business processes.  Pragmatic and
 deliverable collaborative commerce between different companies, applications
 and processes is enabled through the combination of Peregrine and Extricity
 technology.  The Peregrine EMG network -- known as Get2Connect -- processes
 nearly 1.2 million e-Commerce transactions every business day for more than
 43,000 companies.
     Among the first to take advantage of the Peregrine vision was ON
 Semiconductor, a global supplier of broadband and power-management Integrated
 Circuits (ICs) and standard semiconductors.  The Peregrine offering enables ON
 Semiconductor and its 400 trading partners to integrate their business
 processes to work together in an automated, intelligent and collaborative
 trading community.
 
     About Peregrine
     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 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 global trading network.  Peregrine is headquartered in
 San Diego, California and has offices throughout the world.  For more
 information on Peregrine, visit http://www.peregrine.com.
 
     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/11690X62689463
 
 SOURCE  Peregrine Systems, Inc.