May 1, 2002

GE Global Exchange Servies Officers Web Services for e-Commerce Transactions

Small and mid-sized businesses can use Web services to send and receive business documents over the Internet with little or no hands-on participation

GAITHERSBURG, Md., May 1, 2002 -- GE Global eXchange Services (NYSE: GE), a leader in business-to-business Internet commerce, today announced that it is offering Web services capabilities in support of e-commerce transactions for small and mid-sized enterprises (SMEs). Web services will help these companies to save cost, reduce supply chain cycle times and increase responsiveness to customers by automatically sending and receiving business documents over the Internet with little or no hands-on participation. In addition, the new capabilities are designed to enable SMEs to integrate more effectively with large trading communities, thus benefiting companies of all sizes by expanding the reach of electronic trading.

GE Global eXchange Services (GXS) has incorporated Web services capabilities into its Network-Based Translation (NBT) service, which allows businesses to transact with their trading partners in virtually any data format. NBT customers will now be able to instruct their own Web services-enabled computer to connect automatically to NBT over the Internet and perform basic tasks (e.g. upload, download, list or delete transaction files) on its own. For example:

A small, US-based manufacturer of high-tech components needs to check frequently for new electronic purchase orders received from customers around the world requesting quick-turn delivery. The manufacturer would instruct their Web services-enabled materials planning application to automatically connect to NBT over the Internet at frequent intervals, 24-hours a day, then identify and download any new purchase orders. The manufacturer would save costs of implementing additional technology, while receiving time-critical updates to purchase order status.

More information about GXS's NBT service can be found at www.gxs.com/gxs/products/product/nbt

My spin: Web services is not a FAD but a real business solution, enabling small to very large enterprises and every business in between to more easily and efficiently communicate with their customers and partners

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