CascadeWorks Announces Archway Consulting as First European CascadeWorks Certified Systems Integrator

Archway Consulting, Europes leading Ariba Systems Integrator Teams with CascadeWorks to Introduce Services Supplier Relationship Management to the International Market

CascadeWorks Announces Archway Consulting as First European CascadeWorks Certified Systems Integrator

Europes leading Ariba Systems Integrator Teams with CascadeWorks to Introduce Services Supplier Relationship Management to the International Market

SAN FRANCISCO, Calif. and LONDON, England -- May 7 (target issue date), 2002 -- CascadeWorks, the leader in pioneering Services Supplier Relationship Management, announced today that Archway Consulting, a leading B2B consultancy, has been named the first CascadeWorks Certified systems integrator in the UK and Europe. The CascadeWorks Certification program has now trained consultants worldwide to deliver rapid cost savings to Global 2000 companies with significant services spend across such areas as facilities, staffing, corporate services, training, marketing and IT contractors.

The certification of our first European partner, Archway Consulting, marks the beginning of CascadeWorks transformation into a global enterprise, opening new markets for the company and new savings opportunities for forward-thinking Global 2000 enterprises," said Diana Jovin, CEO of CascadeWorks. Now more than ever, the ability to achieve 10-20% savings on the largest uncontrolled expense remaining in the enterprise-services spend-is an opportunity not to be missed and Archways proven expertise makes them an ideal partner to extend the CascadeWorks solution to their European clients."

As the first Certified Cascade Works partner in Europe, Archway Consulting is yet again leading the way in assisting global organizations realize the complete benefits and significant bottom line savings of online procurement. We are proud of the savings we have achieved for our many Fortune 100 companies across Europe and look forward to enhancing these successes by working with CascadeWorks to assist these companies reduce their services related expenditure."

CascadeWorks is pioneering the market for Supplier Relationship Management (SRM) solutions designed specifically for the unique needs of services. The CascadeWorks Clarity Services SRM platform delivers improved visibility, purchasing compliance and cash management controls that enable businesses to reduce costs across a broad range of services categories such as facilities, staffing, corporate services, training, and marketing. CascadeWorks Clarity delivers comprehensive capabilities to manage the entire services purchasing process and a supplier community through a series of integrated application modules including supplier management, collaborative requisition/response, order management, service delivery and tracking, invoicing and reconciliation, and reporting and analytics. The CascadeWorks Clarity Services SRM Platform leverages a common platform for time-based or project-based services and is built upon a configurable technology framework designed from the ground up to meet the specific needs of each service category, business unit and location.

By completing CascadeWorks Certification training, Archway Consulting has thorough knowledge of the technology, business process modeling, implementation methodology and configuration options that enable CascadeWorks Clarity to support the diverse services purchasing processes of enterprises across the UK and Europe. Already known for its exceptional blend of technical and business skills, Archways CascadeWorks Certification uniquely equips the firm to provide the comprehensive consulting services that European companies need to cut costs and increase efficiencies across both goods and services spend.

About Archway Consulting Limited
Archway Consulting Limited is one of Europe's leading specialist eCommerce consultancy companies, with a proven track record in supporting global organisations define and realize their eCommerce vision. Archway provide the complete range of eBusiness consulting services including Strategic Consulting, eCommerce Strategy, ROI studies, eProcurement, eSourcing, Private/Public Marketplace Services, Sell side, Content management, Supplier Enablement, Training & implementation & deployment of the leading B2B technologies. Archway Consulting are one of the leading implementators of eProcurement solutions in Europe. For more information, visit www.archway-consulting.com or email info@archway-consulting.com

About CascadeWorks
CascadeWorks is the leader in pioneering Services Supplier Relationship Management, an inter-enterprise software platform that enables collaboration between buyers and suppliers across the full life cycle of purchasing and management of supplier relationships, designed specifically for the unique needs of services. With services spend typically accounting for over half of all corporate purchasing expenditures, CascadeWorks flagship product, CascadeWorks Clarity enables companies to achieve 10-20% cost savings across a broad range of services spend including facilities, staffing, corporate services, training, and marketing services. CascadeWorks Clarity is currently in use at industry-leading companies such as ABN AMRO NA, Charles Schwab & Co. and Texas Instruments, and was selected by Ariba to power Ariba® Workforce. Based in San Francisco, CascadeWorks is a privately held company with venture capital from New Enterprise Associates (NEA) and Kennet Capital Limited, Broadviews early state venture affiliate. For more information visit www.cascadeworks.com.