BroadVision, H&Q Asia Pacific, Access, CTC, and Itochu Join Forces To Deliver B2B Wireless Internet Applications.

Business/High-Tech Editors

REDWOOD CITY, Calif. & TOKYO--(BUSINESS WIRE)--Sept. 5, 2000

Leading Global Players Join Forces To Deliver M-Commerce Solutions

to Japan, the Largest Digital Wireless Market in the World

BroadVision(R), Inc. (Nasdaq:BVSN), a leading provider of personalized e-business applications, and H&Q Asia Pacific, a leading private equity investor in Asia, today announced the formation of a new company, a Business Services Provider (BSP) to deliver B2B mobile commerce (m-commerce) services to the worldwide wireless market. The joint venture is the first initiative to integrate the explosive wireless market with the global enterprise B2B market. The new company will develop and rapidly deliver a new generation of "small but smart" e-business applications and services that will integrate an enterprise with its mobile workforce and its mobile business end-users.

The new company is a joint venture between BroadVision, H&Q Asia Pacific, ACCESS Co. Ltd., the leading supplier of browser technology for non-PC devices, including NTT DoCoMo's i-mode phones, and ITOCHU TECHNO-SCIENCE Corporation (CTC), a leading system integrator and services company, and ITOCHU Corporation, the global company that promotes positive business development in the B2B and wireless fields from a worldwide viewpoint.

The venture will base its offerings on BroadVision One-To-One(TM) e-business applications and the company's next-generation XML content management and XSL device-independent rendering technologies.

"This new company will be the first in Japan, and perhaps in the world, to provide the crucial B2B link between an enterprise and all its mobile constituencies," said Dr. Pehong Chen, President and CEO of BroadVision.

H&Q Asia Pacific, with its long-term commitment to the Japanese wireless market, brought its strategic portfolio company ACCESS into the deal while serving as the lead investor in the joint venture.

"The combination of our original investment vision for ACCESS as the foundation for a leading-edge wireless portfolio, and the tremendous acceptance of the wireless Internet in Japan, positions us to forge a whole new market space with m-commerce," said Dr. Ta- lin Hsu, Founder and Chairman of H&Q Asia Pacific.

ACCESS Co. will provide its core micro-browser technology and lend its deep expertise in wireless technology.

"Our years of experience in powering small-footprint devices helped propel the amazing consumer adoption of i-mode. We predict the next big trend is B2B m-commerce applications," said Mr. Toru Arakawa, President and CEO of ACCESS Co., Ltd. "We are very proud to be a member of this joint venture and welcome the opportunity to drive the wireless revolution to a new level."

CTC with its vast mobile workforce in field sales and services and comprehensive network of enterprise clients, will be both the de facto distribution channel for the new BSP as well as the first and largest reseller of BroadVision in Japan.

"CTC has accumulated tremendous expertise in building the current DoCoMo infrastructure," said Mr. Osamu Gotoh, President and CEO of CTC. "As one of the largest IT providers in Japan, we also understand keenly the enterprise needs for B2B m-commerce. We are very confident that we can help the new BSP deliver its services to our enterprise clients."

"Itochu Corporation recently shifted its business emphasis on B2B and mobile devices," said Mr. Eizo Kobayashi, an executive board member of Itochu Corporation, "This new project, providing 'One-to-One' service on mobile network, is expected to proliferate into the future. We intend to commit ourselves to the project, utilizing our group-wide consolidated power."

Furthermore, the new business is teaming up with NTT Communications Inc, one of the largest IP service Providers Japan, including the use of their data center. The Executive Vice President of NTT Communications, Mr. Shuji Tomita said, "It is obvious that mobile-related business will grow rapidly, and its growth will be even accelerated by the commitment of major corporations such as BroadVision, H&Q Asia Pacific, ACCESS, CTC, and Itochu Corporation. We feel honored to be able to contribute to the new business by providing our network system as well as the data center, which was founded last year meeting its high security requirements".

About the New Company

The new company, tentatively named B-Mobile Corporation is slated to be established October 1, 2000 to provide a service for Internet-based business transactions via wireless networks such as mobile phones and PDAs. The company will also begin development of new applications for mobile B2B e-commerce by combining BroadVision's technology and ACCESS's mobile-enabled browser system for the use of client companies inside and outside Japan. The new company will be based in Chiyoda-ward, Tokyo.

About BroadVision

BroadVision, Inc. (Nasdaq: BVSN, Neuer Markt: BDN) is the leader in personalized e-business applications. BroadVision's comprehensive suite of integrated applications is built for delivery via the Web and wireless devices. Companies using BroadVision's proven applications get to market quickly, launching innovative e-commerce, self-service and enterprise information sites. These sites enable personalized interactions and transactions with customers, partners, suppliers and employees. BroadVision One-To-One(TM) applications power innovative business-to-consumer sites and business-to-business exchanges for the world's top companies in financial services, telecommunications, retail and travel. BroadVision applications are available in more than 120 countries worldwide. Headquartered in Redwood City, Calif., USA, the company can be reached at [phone] or at www.broadvision.com.

About H&Q Asia Pacific

H&Q Asia Pacific is the corporate successor to a private equity operation originally formed by Dr. Ta-lin Hsu and Hambrecht & Quist in 1985. Since the firm's inception, H&QAP has developed into one of the largest and most extensive private equity operations in Asia. H&QAP manages 16 funds with over $1.6 billion in committed capital. While twelve of the funds are focused on investments in specific countries, four large funds invest across the Pan-Asian region with a distinguished array of partners that range from governments to banks. H&QAP is headquartered in Palo Alto, CA with additional offices in Bangkok, Beijing, Hong Kong, Jakarta, Kuala Lumpur, Manila, Seoul, Singapore, Taipei, and Tokyo.

About ACCESS

ACCESS is a leading provider of innovative client-side Internet gateway solutions for non-PC devices. The company's embedded browser software has been licensed to over 10 million users with 70 different commercial products worldwide from more than 30 major consumer appliance manufacturers, including NTT DoCoMo's i-mode phones, the most popular mobile Internet phones in the world. ACCESS Co. Ltd. is based in Tokyo, Japan, and ACCESS System America is based in Milpitas, Calif. More information is available at www.access-us-inc.com.

About CTC

Itochu Techno-Science Corporation (listed on the first section of the Tokyo Stock Exchange: CTC) provides eminent solutions for building enterprise Information Technology Systems for almost all of the market segment such as Finance, Manufacturing, Communication, Retail, Transportation, Service, Medical, Pharmaceutical, Apparel and so on. Since establishment in 1972, CTC has built a solid relationship between approximately 120 overseas world-class leading IT companies in nine countries such as SUN Micro Systems and Cisco Systems. And CTC have made the motto of Customer Satisfaction" by providing a suitable system based on plentiful knowledge from years of experience and also 7days/24 hours maintenance service and support cover all of Japan. Headquartered in Tokyo, Japan, the company can be reached at [phone] or at www.ctc-g.co.jp.

About Itochu Corporation

Itochu Corporation a listed company on the first section of Tokyo Stock Exchange, is a general trading company, with its operations covering a broad spectrum of industries, ranging from natural resource development to manufacturing to retail sales. It is poised to transform itself further for the 21st century, shifting its business resources to the "Attractive and Powerful" sectors such as IT industries and financial ventures.

Forward Looking Statements

BroadVision notes that each of the above forward-looking statements is subject to change, based on various important factors, including, without limitation, changes in the market, and competition. Additional information on potential factors that could affect BroadVision's financial results is included in the BroadVision's prospectus, Forms 10-K and 10-Q, and other documents filed with the Securities and Exchange Commission.

BroadVision is a registered trademark and BroadVision One-To-One is a trademark of BroadVision, Inc. in the United States and other countries. Other names herein may be the property of their respective owners.