Aris Awarded Multi-year Contract With General Electric Company for eBusiness Services.

Business/Hi-Tech Editors

BELLEVUE, Wash.--(BUSINESS WIRE)--April 26, 2000

Aris Corporation (Nasdaq:ARSC), a leading provider of eBusiness and IT solutions, today announced an agreement with General Electric Company (NYSE:GE) to provide ongoing development and content management enterprise-wide eBusiness solutions.

This master services agreement will enable Aris to develop, administer, and maintain the extensive Internet environment used to deploy new applications and technologies for General Electric, its subsidiaries and affiliates. The value of the agreement is worth at least $6 million in revenues to Aris over the next twelve months.

"Aris has had a good working relationship with General Electric since 1995. This agreement expands our relationship with General Electric and leverages Aris' success with enterprise-wide eBusiness solutions, business intelligence and wireless technologies," said Paul Song, President and CEO of Aris Corporation.

"As we continue to expand our e-business strategies globally, it becomes increasingly important to work with companies who understand the complexity of our e-business needs," said Manuel Terranova, Corporate Initiatives Group Manager for GE. "Aris' competencies are well-aligned with our online requirements. We look forward to continuing this successful working relationship."

About Aris

Aris Corporation provides an integrated eBusiness solutions approach called interactive Enterprise Relationship Management (iERM), designed to improve a company's relationships with customers, employees, investors, partners, vendors and media by leveraging enterprise systems with the power of the Internet. Aris has offices across the U.S. and in the United Kingdom, with over 700 employees worldwide, and is headquartered in Bellevue, WA. For more information about Aris, see its Web site at www.aris.com.

About General Electric

General Electric Corporation,with headquarters in Fairfield, Conn., is a diversified services, technology and manufacturing company with a commitment to achieving worldwide leadership in each of its major businesses. GE operates in more than 100 countries around the world. GE employs 340,000 people worldwide, including 197,000 in the United States. GE has made it a priority to migrate its traditional "brick and mortar" businesses to new e-business models. In its first year, GE's e-business initiative yielded more than $1 billion in online sales. For 2000, the Company's e-Business strategic direction is three-fold: ensure that every GE business has a Customer Web Center offering the highest quality service, sales and support online; migrate internal procurement and supplier resources to the web to take advantage of increased productivity and cost savings; and ongoing development of new technologies and services that will contribute to online sales growth.

Statements in this press release, and elsewhere, that look forward in time or include anything other than historical information, involve risks and uncertainties that may affect the Company's actual results of operations. Statements contained in this release regarding the Company's anticipated future revenues, earnings and results of operations, its eBusiness strategy, and on the Company's ability to expand its eBusiness solutions and new product releases by the Company are forward-looking statements and are subject to certain risks, including future client demand for integrated eBusiness and IT solutions; competition from other businesses providing similar services to that of the Company; the Company's ability to successfully execute its business strategy and management and operational re-alignment of its consulting and training businesses; the Company's ability to attract, retain and motivate highly skilled eBusiness and IT professionals; its dependence upon key vendors of software technology; the continued unprofitable operations of the Company's training division and efforts to identify and execute strategic alternatives for that business; the Company's ability to successfully integrate the acquisition of fine.com; and issues that may arise in product development and possible decisions by third parties to delay or cancel the release of products under development. Those risks and uncertainties are discussed in more detail in the Company's periodic reports filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended.