YANTRA DELIVERS FIRST PROVEN BUSINESS PROCESS PLATFORM FOR THE EXTENDED SUPPLY CHAIN

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Establishes the Benchmark with Real-Time, J2EE Service-Oriented Architecture and Best-in-Class Business Process and Event Management

TEWKSBURY, Mass.- May 16, 2002 - Yantra Corporation (www.yantra.com), the leading provider of enterprise software for the extended supply chain, today announced the first proven business process platform to power and coordinate multi-enterprise supply chains. The platform provides the comprehensive infrastructure and flexibility required for Global 2000 companies to model, configure and dynamically manage extended supply chain processes, and is already proven in more than 30 customer implementations.

Leading companies realize that the next step-change in productivity and responsiveness will come from improving cross-division and cross-enterprise business processes. The key is linking and synchronizing discrete order and inventory processes such as channel management; supply and demand collaboration; order fulfillment; procurement; and delivery across multiple divisions and trading partners. Unfortunately, most companies lack the technical infrastructure and proper application capabilities to do this effectively.

Traditional supply chain management (SCM) and enterprise resource planning (ERP) solutions have been architected as the internal “system of record” to centralize data and processes, limiting coordination of business processes outside the enterprise. Yantra’s Platform combines a J2EE service-oriented architecture with best-in-class business process and event management capabilities to provide the infrastructure for a scalable “system of process” that can coordinate and manage orders and inventory across complex, multi-enterprise supply chains. It is built on the technological and functional pillars required for inter and intra-enterprise business strategies. These include:

Business Process Management:
o Business Process Modeling: provides the ability for users to define the complete process of a supply chain transaction (order, forecast collaboration, schedule collaboration, returns, etc.) Business users can model the business process to meet the unique needs of any enterprise, channel, supply or fulfillment business model.
o Event Management: monitors and resolves critical events in each supply chain process. Capabilities include rules for time-sensitive monitoring of events, participant notification of events and the automation of corrective actions and resolution.
o Relationship Modeling: provides the ability to model the complex many-to-many enterprise relationships, allowing for the management of the roles, business rules, permissions and communication requirements of each enterprise involved in a process. Multi-Enterprise Data Model:
o Many-to-Many Transaction Data Model
o Common Analytics & Business Performance Data Model
o Shared Participant Data Model Service-Oriented Architecture:
o Net-Native Architecture
o Open Standards-based: J2EE, Native XML, SOAP, LDAP, UDDI
o 100% Native XML APIs: Over 200 available
o Web-Service Enabled

With the Yantra Platform, companies can complement their existing ERP, SCM and CRM systems while extending complex business processes across disparate systems and external trading partners.

AMR Research made the following comments about the Yantra Platform in the AMR Alert on May 9, 2002: “What emerged was a credible picture of how the notoriously thorny order management problem can be solved with an architecture specifically built around the idea that customer fulfillment must encompass multiple enterprises and systems. The idea is not new – we’ ve all seen the powerpoint slides – but Yantra’s customers and live software demonstration suggest that it may finally be realistic for users to expect.”

“Yantra’s scalable platform is available today for managing a real-time, inter-enterprise supply chain,” said Rob Sweeney, VP of Product Management at Yantra. “While many software vendors have made recent announcements about their intent to adopt a service-based architecture (SBA), Yantra’s customers are already leveraging this platform to deploy our solutions across their extended supply chains.”

About Yantra
Founded in 1995, Yantra is the leading provider of distributed commerce management solutions. The Company’s applications extend existing enterprise systems to coordinate and monitor distributed orders and inventory across multiple business units, customers, suppliers and trading partners. Global 2000 companies use Yantra’s solutions to leverage new revenue opportunities, drive new operational efficiencies and increase service levels.

Yantra has deep domain expertise in supply chain management and works with some of the world’s leading businesses including Allogis (DHL), APL Direct, Argos, Best Buy, Eastman Chemical, Hallmark, Honeywell, Motorola, Rockport, ScanSource, School Specialty Inc. and Target Corporation. The Company is privately held and based outside Boston, Massachusetts. For more information, please visit www.yantra.com.

Yantra and the Yantra logo are trademarks or registered trademarks of Yantra Corporation in the United States and/or other countries. All other names are trademarks or registered trademarks of their respective companies.