Sony Electronics Selects Extensity's Expense Reports for its Workforce

Extensity to be Implemented for 6,500 Employees Across the Sony Enterprise



Apr 18, 2001, 01:00 ET from Extensity Inc.

    EMERYVILLE, Calif., April 18 /PRNewswire/ --
 Extensity Inc. (Nasdaq: EXTN), the leader in Internet-based applications for
 employee relationship management (ERM), today announced Sony Electronics Inc.
 as a new customer.  Sony Electronics has selected Extensity Expense Reports to
 manage expenses for its workforce.  Extensity Expense Reports will save
 Sony money and improve efficiency by automating the company's expense
 reporting process from report creation to approval and reimbursement.
 Extensity Expense Reports is a key part of the Extensity Connect(TM) suite of
 applications, which also includes Travel Plans, Purchase Reqs and Timesheets.
     "With many of our salespeople and executives on the road, we need an
 expense reporting system that is flexible, scalable and accessible from any
 location," said Frank Ferramosca, senior vice president, operations planning
 for Sony Electronics.  "We were impressed not only by the merits of
 Extensity's applications, but by the merits of their sales and management
 teams. This helped lead us to the decision to go with Extensity."
     "Sony Electronics represents the kind of diverse organization Extensity
 applications can greatly affect. We are pleased to have been selected to help
 them manage expenses," said Bob Spinner, CEO of Extensity.  "We are pleased to
 have our North American sales team recognized by such an impressive customer.
 A major focus for Extensity over the past quarter was to execute flawlessly in
 the field, which we did and will continue to do with this qualified team."
 
     About Extensity
     Extensity is the leading provider of Internet-based applications for
 employee relationship management (ERM).  The Extensity Connect(TM) family of
 ERM applications automates travel and expense reporting, project time capture
 and procurement to drive productivity, reduce costs, enhance control and
 promote competitive advantage. Extensity has licensed more than 700,000 seats
 worldwide to over 300 customers, including A.T. Kearney, Cisco Systems, Office
 Depot and Aventis.  More information about Extensity is available on its Web
 site located at http://www.extensity.com .
 
     NOTE:  Extensity is a registered trademark of Extensity, Inc.
 
 

SOURCE Extensity Inc.
    EMERYVILLE, Calif., April 18 /PRNewswire/ --
 Extensity Inc. (Nasdaq: EXTN), the leader in Internet-based applications for
 employee relationship management (ERM), today announced Sony Electronics Inc.
 as a new customer.  Sony Electronics has selected Extensity Expense Reports to
 manage expenses for its workforce.  Extensity Expense Reports will save
 Sony money and improve efficiency by automating the company's expense
 reporting process from report creation to approval and reimbursement.
 Extensity Expense Reports is a key part of the Extensity Connect(TM) suite of
 applications, which also includes Travel Plans, Purchase Reqs and Timesheets.
     "With many of our salespeople and executives on the road, we need an
 expense reporting system that is flexible, scalable and accessible from any
 location," said Frank Ferramosca, senior vice president, operations planning
 for Sony Electronics.  "We were impressed not only by the merits of
 Extensity's applications, but by the merits of their sales and management
 teams. This helped lead us to the decision to go with Extensity."
     "Sony Electronics represents the kind of diverse organization Extensity
 applications can greatly affect. We are pleased to have been selected to help
 them manage expenses," said Bob Spinner, CEO of Extensity.  "We are pleased to
 have our North American sales team recognized by such an impressive customer.
 A major focus for Extensity over the past quarter was to execute flawlessly in
 the field, which we did and will continue to do with this qualified team."
 
     About Extensity
     Extensity is the leading provider of Internet-based applications for
 employee relationship management (ERM).  The Extensity Connect(TM) family of
 ERM applications automates travel and expense reporting, project time capture
 and procurement to drive productivity, reduce costs, enhance control and
 promote competitive advantage. Extensity has licensed more than 700,000 seats
 worldwide to over 300 customers, including A.T. Kearney, Cisco Systems, Office
 Depot and Aventis.  More information about Extensity is available on its Web
 site located at http://www.extensity.com .
 
     NOTE:  Extensity is a registered trademark of Extensity, Inc.
 
 SOURCE  Extensity Inc.