Arbortext Announces Partnership with CAC Corporation; Leading Japanese IT Provider.

ANN ARBOR, Mich. & TOKYO -- Arbortext, Inc., the leading provider of Enterprise Publishing software, today announced it has entered into a reseller partnership with CAC Corporation (TSE:4725), Japan's leading integrated IT services provider. CAC Corporation will work with Arbortext to provide sales, professional services and technical support for Arbortext publishing applications targeted at Japan's pharmaceutical and financial markets.

Pharmaceutical organizations create and deliver information to support the product lifecycle, from drug discovery to regulatory approval through consumer packaging. Using Arbortext, these organizations are able to slash costs associated with creating and publishing the information while also reducing the time to market for new products.

Financial institutions must create and deliver customized information, such as financial reports and insurance policies, to address each customer's unique requirements. Using Arbortext, these institutions are able to improve customer satisfaction - achieving the unique combination of reducing costs while also gaining a competitive advantage.

"We are honored to be working with Arbortext," said Hisashi Takahashi, Director, Medical & Pharmaceutical Systems Business Unit for CAC Corporation. "Arbortext understands the importance of providing customers with localized support, and we will do that by extending the company's support to new and existing customers. Our professional sales, services and technical teams will also work very closely with Arbortext to build and implement market awareness programs that highlight the importance of XML-based enterprise publishing, strengthening our market leadership positions."

"I am delighted to begin working with such a well-known and reputable company," said Graham Freeman, Vice President of Worldwide Channel Partnerships for Arbortext. "CAC Corporation has the technology and people to help build Japan as one of our top five international markets. Their reputation is putting the customer first is very important to us, and I have no doubt we will see great success in this region. This is the beginning of a long-term relationship that I believe will greatly benefit both of our companies."

About CAC Corporation

CAC Corporation (TSE:4725) is a leading Japanese integrated IT services provider that specializes in the analysis, planning, design, development, implementation, installation, operation and maintenance of information systems. Delivering excellent system and services with its cutting edge technologies, CAC practices its customer first philosophy.

Since its foundation in 1966 as Japan's earliest independent software developer, CAC has been serving its customers in a wide range of areas including the financial, pharmaceutical, medical, and consumer packaged goods industries. CAC is headquartered in Tokyo, Japan, with operations in New York, London and Shanghai, having sales of 48.4 billion yen in the fiscal year ended December 2003. To learn more, visit CAC's Web site at http://www.cac.co.jp/

About Arbortext

Arbortext is the leading provider of Enterprise Publishing Software that enables organizations to create and automatically publish large amounts of information, such as technical manuals, pharmaceutical product information, legal information and software documentation. Enterprises around the world use our software to publish in multiple languages to multiple audiences in multiple hardcopy and electronic output formats. Arbortext's software is installed at over 1,400 organizations worldwide.

Current customers include American Express Financial Services, Audi, Boeing, Bombardier, British Aerospace, Caterpillar, DaimlerChrysler, Ericsson Telecom, Ford, General Electric, GM, IBM, International Thomson Publishing, Lucent, Nokia, Nortel Networks, PeopleSoft, Pfizer, Ricoh, Sun Microsystems, Toyota, United Airlines, Volkswagen and Volvo. Arbortext is a founding member and active participant in the XML Activity of the World Wide Web Consortium (W3C). Headquartered in Ann Arbor, Michigan, USA, Arbortext has offices around the world. For more information, please visit www.arbortext.com.