ADVISORY/CascadeWorks CEO Diana Jovin to Deliver Keynote at the Energy Security Council Annual Conference.

    News/Assignment Editors & High-Tech Writers
    Energy Security Council Annual Conference
    ADVISORY...for Wednesday (April 3)

    --(BUSINESS WIRE)--

          CascadeWorks Selected to Discuss Managing Services
                        Supplier Relationships

      Overview:

      Most Fortune 1000 companies spend more than 50% of their annual
purchasing dollars on facilities services, temporary staffing,
marketing services, IT contractors, legal services, consulting
projects and other services expenditures. Diana Jovin's keynote will
address how Services Supplier Relationship Management software enables
companies to deliver 10-20% cost savings across this broad range of
services spend, while also exploring how it can increase security by
automatically managing access to the appropriate buildings, systems
and data when a service contract begins and ends.

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Where:              Woodlands Resort in Houston, Texas

Conference Dates:   April 2-4, 2002

Keynote Date:       Wednesday, April 3 - 10:30 am to 11:15 am

Keynote Topic:      Services: The Next Frontier for Supplier
*T                  Relationship Management

      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(TM) 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(R) Workforce(TM). Based in San Francisco, CascadeWorks is a
privately held company with venture capital from New Enterprise
Associates (NEA) and Kennet Capital Limited, Boradview's early state
venture affiliate. For more information visit www.cascadeworks.com.

      About CascadeWorks Clarity:

      CascadeWorks Clarity is a unique Services Supplier Relationship
Management platform that delivers improved visibility, purchasing
compliance and cash management controls to 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.

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    CONTACT: B3 Communications for CascadeWorks
             Laurie Gibson, 650/969-0764 (Public Relations)
             [e-mail]

    KEYWORD: CALIFORNIA TEXAS
    INDUSTRY KEYWORD: ENERGY SOFTWARE ADVISORY TRADESHOW
    SOURCE: CascadeWorks