B-TO-B E-Commerce Hub Chooses IP Fax Services From NetMoves; BuildPoint.com Integrates Fax into Web-Based Bidding and Procurement for Construction Industry.

Edison, N.J.--(BUSINESS WIRE)--Dec. 7, 1999--

NetMoves (Nasdaq NM:NTMV), the leader in Internet messaging solutions for business, announced today that BuildPoint Corp. has selected Internet fax services from NetMoves to fax approximately 100,000 pages of documents each month as part of its business-to-business e-commerce solution for the $415 billion construction materials industry.

The Web site, www.buildpoint.com, provides building owners, general contractors, subcontractors, distributors and manufacturers with a fast, reliable, and secure commerce hub to manage bidding and procurement activities. Any construction professional with a Web browser can cut project costs and save time by streamlining and automating their bidding activities -- without using expensive and cumbersome project management software.

BuildPoint has integrated NetMoves' FaxMailer and FaxCourier(tm) fully outsourced Internet fax services into the BuildPoint.com e-commerce engine to allow contractors to transmit bidding and procurement information via a fax machine to those business partners and suppliers who are not currently using BuildPoint.com's Web service. In this fashion, BuildPoint.com users can send bid and purchasing information to all members of the construction community, regardless of whether those companies have yet made the move to doing business online.

"Construction industry professionals still heavily rely on the fax machine to issue or receive bid and quote data," stated BuildPoint.com founder Ali Diab. "In building our e-commerce hub, it was critical for BuildPoint to find a way to easily connect contractors who are using the Web already with those who are not. With the Internet faxing technology that NetMoves provided, BuildPoint users can fax invitations to bid and quote to hundreds of contractors and suppliers with a click of the mouse, saving countless hours of standing over the fax machine."

In addition, BuildPoint uses an advanced features of NetMoves' Production Fax Service to send documents through the network with tracking numbers it assigns, and uses NetMoves' ServerLink API (application programming interface) for Unix to track the results in real-time.

"We're proud of our track record of delivering outsourced IP faxing services that allows companies, like BuildPoint.com, to provide entire markets, like the construction industry, with a complete solution for conducting e-commerce online for the first time," stated Bill Fallon, NetMoves' VP of Marketing.

$3.3 Trillion Industry Provides Significant Market Opportunity

The architecture, engineering and construction (A/E/C) industry is the world's largest vertical market, generating $3.3 trillion in worldwide revenue last year. In the U.S. alone, the AEC market was approximately $700 billion in 1998, 8 percent of total gross domestic product (GDP). Two-thirds of this market was represented by more than 250,000 commercial construction projects, which generated $415 billion in revenue.

The construction market is characterized by large project teams and complex procurement processes, which can involve hundreds of participants and tens of thousands of product types. It is a large, information-sensitive industry with a highly fragmented and distributed supply chain and cost-driven procurement practices. Forrester Research Inc. has projected that construction-related business-to-business e-commerce will grow from $400 million in 1998 to more than $28.6 billion in 2002.

About BuildPoint.com

BuildPoint.com provides the construction industry with a secure electronic-commerce environment within which to procure industry-specific products and services. The BuildPoint.com environment will include transaction-ready content as well as commerce services such as transaction processing, trade financing, bid management and directory services. Through these and future services, BuildPoint.com will unite a powerful community of buyers and sellers in a genuine online marketplace, where all industry participants convene to do business efficiently and cost-effectively. Headquartered in Redwood City, Calif., the company is privately held. For more information visit www.buildpoint.com or e-mail to [e-mail].

NetMoves

NetMoves Corporation specializes in market-leading Internet messaging solutions to deliver business-critical documents at net speed. Acknowledged by IDC as the global leader in Internet Fax message volume and revenue in 1998, the company serves 146,000 customers across 150 countries through a continuum of Internet Document Delivery solutions including: e-mail-to-fax, fax-to-e-mail, e-mail and fax broadcast, e-commerce, EDI-to-fax, and enterprise-wide fax solutions for the Microsoft Exchange, SAP and other environments. For more NetMoves information, call 732/906-2000, or visit www.netmoves.com.

Certain statements contained in this press release may be deemed forward-looking statements by NetMoves. Such statements, and other matters addressed in this press release, involve a number of risks and uncertainties including price competition, technological advances, decreased demand or diversion of fax to other methods of telecommunication. Among the other factors that could cause actual results to differ materially from these statements and matters, are the risks and other factors detailed, from time to time, in NetMoves' reports with the Securities and Exchange Commission, including, but not limited to, the most recent Forms 10-K and 10-Q.