SOURCE: ecVision

May 24, 2005 12:11 ET

ecVision® Introduces a New Version: XpressCommerce Version 8 the Award-Winning Global Sourcing & Collaboration Application for International Trade

XML and J2EE Based Software Platform and Application Modules for Tracking Sourcing Events and Collaborating Over the Internet

NEW JERSEY -- (MARKET WIRE) -- May 24, 2005 -- ecVision®, a leading provider Global Sourcing & Collaboration applications for organizations that have international sourcing needs announced today a new release of their affordable solution to the ongoing visibility & communication challenges faced by sourcing and production professionals -- XpressCommerce® Version 8. Designed to help the international trade industry fulfill realtime event tracking and trading-partner collaboration requirements, XpressCommerce provides a proven, flexible, secure, scalable and fault-tolerant application for managing all sourcing activities. Improvements in Version 8 focus on security, configurability, and collaboration. Highlights include:

--  Improved 3rd party system integration/collaboration tools: Web
    Services & API's
--  Advanced object-oriented technology for better document creation;
    improved security, performance and organization
--  Expanded configurability allowing for more client control
--  Robust, configurable security policies
--  Improved User Interface for faster navigation and processing
--  Configurable image support
    
Event tracking, collaboration, and security have come to the forefront of today's fast paced international trade industry. "ecVision XpressCommerce Version 8 provides enhanced technical capabilities that will offer more robust and flexible security, improved trading partner collaboration, and enhanced trade document management," said Thomas Ng, CEO of ecVision.

Exciting new/enhanced features in XpressCommerce Version 8 include: an automatic costing matrix that handles multiple styles and multiple scenarios -- all from the same RFQ; unprecedented system configurability tools for altering the user interface, building event calendars & reusable schedule templates, adding/deleting/modifying fields, creating unlimited business rules for alert escalation, and easily creating ad-hoc reports.

With the enhanced technology of ecVision's XpressCommerce Version 8, clients have an unprecedented ability to integrate the system's market-leading event tracking and trade document management capabilities with legacy and 3rd party systems. Combining that with the most configurable system on the market today creates a Sourcing & Collaboration system that is generations ahead of the competition.

About ecVision:

Founded in 1998, ecVision's mission is to provide innovative Global Sourcing & Collaboration applications for organizations that source internationally. Our solutions are specifically designed to speed the source-to-pay cycle by improving communications, creating visibility, and strengthening vendor collaboration. ecVision's technological leadership has earned it the HKITCC Technological Achievement Award as well as the 2004 Hong Kong Award for Industry: Technology Achievement.

To cover the global needs of the industry, ecVision has offices in the USA, Hong Kong, and China, as well as network of distribution and support partners throughout the world (currently in 16 countries), including Indonesia, Malaysia, India, Korea, Sri Lanka, Thailand, the Philippines, Italy, Peru, etc., in order to provide support in those areas. Additionally, ecVision is a Microsoft Developer Network Partner, an IBM Partnerworld Partner, and an Oracle Partner Program Member.

Clients:

Clients include J.C.Penney, Gap Inc, Limited Brands, Nordstrom, Abercrombie & Fitch, Saks, Tommy Hilfiger, L.L.Bean, Anchor Blue, Texas Instruments, and many others.

For more information about ecVision or its products and services contact us at (973) 286-4600 or info.us@ecvision.com for the Americas, or (852) 2788-1010 for Asia-Pacific, or visit the company's website at www.ecvision.com.

XpressCommerce is a trademark of ecVision Inc. All other trademarks or registered trademarks are property of their respective holders in the United States and/or other countries. Except for statements of historical fact, certain information contained in this press release constitutes "forward-looking statements" which include, without limitation, statements concerning the Company's business and development plans, anticipated activities related to the Company's projects and developments, and statements related to the adequacy of cash resources and financing plans. Forward-looking statements are frequently characterized by words such as "plan," "expected," "project," "intend," "believe," "anticipate" and other similar words or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results differ materially from those projected in the forward-looking statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place any undue reliance on forward-looking statements

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