CLAREON ANNOUNCES COMPATIBILITY FOR ITS ELECTRONIC PAYMENT SOLUTION WITH ANY ERP SYSTEM Unique Approach to Integration Generates Fast Results and Requires Little Investment

PORTLAND, Maine--February 20, 2002-Clareon Corporation, provider of the only bank-neutral, electronic payment solution enabling secure, information-rich, business-to-business transactions, today announced the immediate compatibility of PayMode, its electronic payment and remittance processing solution, with any enterprise resource planning (ERP) system or accounting software package. This enables Clareon to quickly and easily deliver the efficiencies and value of electronic payments regardless of a company's current systems environment, thus enhancing the return on existing technology investments.

"Clareon has developed and implemented an approach to accounts payable and accounts receivable systems integration that is fast, effective and requires very little customer time and resources," said Clyde Thomas, chief technology officer at Clareon. "We enable our customers to electronically initiate, digitally sign, transmit and reconcile electronic payments and remittance directly to and from their financial systems. And this includes any system where remittance information resides, regardless of platform or physical location."

Clareon's systems integration methodology leverages basic workflow common to all organizations making or receiving business-to-business payments and utilizes key functionality already resident within most financial systems. In addition, Clareon utilizes proprietary translation and secure file transmission functionality to power its integration solution. No software installation or maintenance is required. Clareon has proven that integration of PayMode with its customers' financial systems-including deployment and user acceptance testing-can be completed in as little as two days. Clareon accomplishes these integrations without altering system or software standards, changing payment processing functionalities or disrupting the customers' operations.

Clareon has built, tested and in many cases implemented accounts payable/accounts receivable systems integrations on behalf of its customers for most of the common proprietary systems, including Oracle, PeopleSoft, SAP, JD Edwards, Great Plains, GEAC, AMS, Lawson, Peachtree, QuickBooks and others.

"In addition to being bank-neutral, you can say we are ERP system-neutral as well," said Paul Walsh, chairman and CEO of Clareon. "Clareon delivers a significant amount of value to companies using PayMode, including a lower-cost business process and stronger relationships with suppliers and customers. Because we have already built the capability to work with any customer system we might encounter, we ensure this value is realized very quickly."

About Clareon Corporation
Clareon's market-leading PayMode enables businesses to send and receive electronic payments, along with rich remittance information, to and from suppliers and customers, providing enhanced business performance. PayMode works seamlessly with any bank and integrates quickly and easily with any ERP system or accounting software. Clareon also ensures that its customers realize value quickly by signing up their suppliers, vendors, service providers and customers on their behalf with its proven Accelerated Enrollment Program. PayMode lowers payment costs, creates a more efficient business process, strengthens relationships with suppliers and customers, and enables more effective management of working capital. Clareon's growing list of PayMode users now includes more than 45 Fortune 500 enterprises. Clareon is headquartered in Portland, Maine. For more information on Clareon, visit www.clareon.com.

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David A. Goldberg      
Clareon Corp.      
207-771-3712      
david.goldberg@clareon.com      

Tim King/Carissa B. Caramanis
Schwartz Communications
781-684-0770
clareon@schwartz-pr.com