C-bridge Selects New EVP of Product Management and Chief Technology Officer.

Business/Technology Editors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Feb. 26, 2001

Veteran Product Strategist to Lead the Development of e-Enterprise

Solutions that Provide Client ROI in Unprecedented Timeframes

C-bridge (NASDAQ: CBIS), the originator of the iSolutions approach to e-Enterprise consulting and services, today announced it has appointed Larry Alston as the company's first Executive Vice President of Product Management and Chief Technology Officer. Alston brings a depth of experience in product development to C-bridge's seasoned management team, and positions C-bridge to evolve its solutions to meet the demands of a rapidly changing market. The creation of an EVP of Product Management is a natural progression of C-bridge's "productized" approach to services and solutions and key to the Company's commitment to providing its clients with measurable and sustainable return on investment and assets.

One of Mr. Alston's first priorities will be to launch the blueprint for C-bridge's Business Service Provider (BSP) initiative, based upon XML-based platforms and standards. This innovative consulting model will enable C-bridge to help clients digitize, automate, and audit strategic business processes with greater speed and innovation using iSolutions. The new iSolutions will combine elements of pre-built, software components (net services) tied together with strategic business process, which are extensions of XML-based standards. Furthermore, Alston will also develop offerings that will enable C-bridge's clients to create and manage inter-organizational business process with their business partners.

Commenting on Alston's appointment, C-bridge chairman and CEO Joe Bellini said, "Larry is a seasoned professional with the expertise and successful track record we look for in our senior executives. We look to Larry and his team to further evolve and refine the strategic advantages inherent to C-bridge iSolutions through leading edge technology. Larry and our Product management group will quickly place C-bridge in the unrivaled position of providing the most rapidly deployable, high return, strategic solutions available for managing e-Enterprise value chains."

Alston brings more than two decades of technology and business experience, and comes to C-bridge from the eXcelon Corporation, where he most recently held the position of Chief Technology Officer and Vice President of Product Strategy. In that role, Alston successfully defined and executed the company's product strategy for the eBusiness sector and enabled the company's move into the B2B space. Alston conceived of and lead the product efforts to launch the industry's first XML-based information server. The eXcelon XML data server is currently the world's most widely deployed XML server on the market and provides the underpinnings of the next generation XML-based Integration server from eXcelon. Under Alston's product vision and strategy leadership, eXcelon Corporation's B2B division grew from $2 million to $20 million during the year 2000.

Regarding his role with C-Bridge, Alston said, "I am impressed with C-bridge's ability to provide a unique and reliable advantage to its clients through its deep experience, industry focus, and distinctive approach to productized services. Having these strengths to draw upon, C-bridge is well-positioned to endure as a leading, second generation Internet consultancy and meet the growing demand of key, vertical companies that are committed to making an e-Enterprise transformation." Moving forward, Alston says he is committed to complementing C-bridge's strengths by rolling out products that will shorten the lifecycle of projects, ensure superior quality, and enable C-bridge to achieve an even higher level of deliverable for its clients.

About C-bridge

C-bridge (NASDAQ: CBIS) is the originator of the iSolutions approach to e-Enterprise consulting and services. A noted provider of quality, industry-focused e-Enterprise solutions and consulting services to the Global 2000 and emerging industry leaders, C-bridge's experience, execution and strategic counsel to enterprises striving to effectively manage their value chains have earned recognition worldwide. C-bridge ISolutions are the new breed of "productized" services designed and assembled to provide organizations with reliable standards-based, business and technology architecture. iSolutions integrate the e-Enterprise and value chains to retain customers, expand markets and improve efficiencies.

Headquartered in Cambridge, Massachusetts, C-bridge is distinguished by its commitment to education as a driver of better decisions, a catalyst for change and a facilitator for successful implementation of strategy. C-bridge works continuously to ensure the success of its clients by providing mentoring, knowledge transfer and executive education to thousands of industry leaders per year. More information about C-bridge can be found at www.c-bridge.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

This release contains information about future expectations, plans, and prospects of C-bridge's management that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the profitability of the Company's contracts, the Company's ability to retain existing clients and attract new clients, the Company's ability to hire, train, and retain qualified employees, the Company's ability to continue to develop effective sales and marketing capabilities, the Company's ability to keep pace with the Internet's rapid technological changes, evolving industry standards and changing client requirements, worldwide business use of the Internet, the growth in the number of web access devices per user, the occurrence of any failure of the Internet, the continued improvement of security on the Internet, general economic and industry conditions, as well as other factors noted in the Company's Registration Statement on Form S-1 dated December 16, 1999, as filed with the Securities and Exchange Commission and in the Company's Annual Report on Form 10-K/A for the year ended December 31, 1999.

C-bridge is a trademark of C-bridge Internet Solutions, Inc. All other trademarks are the property of their respective companies.

EDITORS' NOTE: This and other information about C-bridge is available on the company Web site (www.c-bridge.com)