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Press Releases Tuesday, January 20, 2004   
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Arzoon Acquires Best-in-Class Event Management Technology

Arzoon Acquisition of Vigilance Enhances Event and Performance Management Capabilities, Helping Organizations Better Manage Business Process Execution

SAN MATEO, Calif., Jan. 20 --
Arzoon, Inc., a leading provider of Supply Chain Process Management (SCPM) technology, today announced the acquisition of the assets of Vigilance, Inc. Vigilance is the leader in the supply chain event management space and provider of the only business process management software that enables real-time detection, analysis, collaboration and resolution of key business drivers that can impact bottom line results. Vigilance proactive event management solutions will be available as an optional module of Arzoon LIFE(TM) or as a stand-alone product. With this technology acquisition, Arzoon raises the bar and sets a new standard for business process management in the Global Supply Chain arena.

"The acquisition of the Vigilance product represents a continued commitment by Arzoon to be the leading provider of Supply Chain Process Management systems throughout the world," said Bill Sickler, CEO, and president of Arzoon. "Real-time exception management capabilities have become a critical component to proactively managing events that can affect the bottom-line in the supply chain. By combining Arzoon`s industry-leading LIFE(TM) platform with the market leading real-time exception management capabilities of Vigilance, we are helping our customers achieve value through increased supply chain velocity and performance."

Increasingly, Global 2000 companies are assembling world-class capabilities to lower cost as they deliver from around the globe to their customers. With so much competitive pressure to execute better, enterprises are finding the weaknesses in their global supply chain and implementing solutions that can seamlessly scale to help them grow and be competitive. To be successful in this environment, manufacturers, suppliers, distributors and third-party organizations need to gain control of their supply chains, apply best practices in business process management, and synchronize their data within a unified system. Arzoon is well positioned to provide this capability, enabling organizations to source where they want and deliver where they need.

"The acquisition of these technologies and solutions, combined with the Vigilance`s team`s domain expertise in event and business process management, solidifies Arzoon`s position as the leader in providing global supply chain management solutions. By extending the event monitoring capabilities and analytics of our offering, we can collect events from our customers existing systems and provide solutions that help them manage a greater portion of supply chain activities in such areas as proactive carrier management, supplier management, and returns management. As a result, organizations will be able to obtain value through lower transportation costs, inventory reductions, improved customer service and integrated security and trade compliance," said Jerry Overcash, EVP of Sales for Arzoon.

About Arzoon, Inc.
Arzoon is a leading provider of Supply Chain Process Management (SCPM) technology. Arzoon`s web-native solution suite, Arzoon LIFE(TM), provides visibility, control, and compliance across the supply chain for Global 2000 companies operating in the world`s most complex and dynamic markets. Arzoon LIFE(TM) gives its` customers the power of global execution by integrating their partner, trade, financial and logistics organizations into a single Internet connected environment whereby they can use best practices to manage and accelerate supply chain processes. Arzoon LIFE(TM) software is used by of leading companies around the world in the consumer manufacturing, retail, high technology, transportation services, and manufacturing industries.

Arzoon means Business without Boundaries.
Founded in September 1999, Arzoon, Inc. maintains its worldwide headquarters in San Mateo, Calif. and has operations and offices located throughout North America and Europe. Arzoon can be contacted in the U.S. at +1.650.522.6000 or at www.arzoon.com

Contact:
Stephanie Piche
Arzoon, Inc.
Phone: 650-522-6085
http://www.arzoon.com
s.piche@arzoon.com
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