C-bridge Thought Leader Co-Authors Revolutionary Cost Estimation Book; Ray Madachy, Ph.D., Makes Major Contributions to State-of-the-Art Cost Model.

Business/Technology Editors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sept. 27, 2000

C-bridge (NASDAQ:CBIS), the leading c-Commerce solutions provider, today announced the availability of a new book co-authored by one of the company's senior software process architects and faculty member of the C-bridge Institute. Ray Madachy, Ph.D., along with Dr. Barry Boehm and others, recently released Software Cost Estimation with COCOMO II, published by Prentice-Hall.

The COCOMO II cost model provides a framework for communicating business decisions among the stakeholders of a software project. The book is written for software engineering professionals, managers and students to help them with developing and managing successful software projects on time and under budget.

Dr. Madachy, also a professor at the University of Southern California, is a recognized world expert on software processes. He has won major awards for his work and has over 40 publications on software cost estimation, process improvement and modeling, metrics, risk management and multimedia. He has been on the COCOMO II research team since its inception at USC's Center for Software Engineering. The book provides the readers with a thorough rework of the classic COCOMO (Constructive Cost Model), the world's most widely used cost model, along with representative samples.

According to Walker Royce, vice president of Rational Software Corporation, "The COCOMO II model sets a new standard for modern software project management and provides an economic framework for assessing the next generation of processes, methods and tool improvements within the software industry."

One of Dr. Madachy's major contributions to the book was writing the remarkably detailed examples in Chapter 3. Per Dr. Peter Hantos, principal scientist at Xerox Corporation, "... the book is a comprehensive and state-of-the-art view of the software engineering process. A great strength of the new book is Chapter 3, which presents detailed application examples."

"...This book addresses the wide range of modern software development practices," says Dr. Richard D. Stutzke, vice president of Science Applications International Corporation. "The focus is primarily on estimating size, effort and schedule. A quality model has also been included. This book is a 'must have' for every software estimator and cost analyst. Managers and instructors will also find it interesting and useful."

In addition to providing training through the C-bridge Institute as well as diagnostic consulting services to C-bridge clients, Dr. Madachy has been developing a cost model for the C-bridge RAPID Value(tm) software process. He is working with Monica Mehta, vice president of Quality, and Charles Leinbach, senior practice director of C-bridge Institute, to improve project management by collecting and analyzing cost/schedule data, tailoring the COCOMO model, defining better costing processes, employing a web-based cost tool, and consulting with internal and external clients. The improved costing methods will be employed company-wide in all engagements.

The book is currently available at bookstores and online book retailers, as well as via C-bridge's website (www.c-bridge.com).

The C-bridge Institute

Serving over 10,000 executives a year, the C-bridge Institute is recognized by industry analysts for its innovative approach and thought leadership. It was created to help propel client corporations to the highest levels of Internet proficiency through applied thought-leadership, independent research and executive education. The Institute is composed of highly credentialed faculty, each of whom bring a unique level of real-world practice and consulting experience to each education engagement.

The Institute addresses "futuring" of Internet-based technology coursework for executives and strategic managers for short term and long term strategic planning. Studies may include Theory of Constraints, RAPID Value Methodology, Supply Chain Management, Jonah Course and Organizational Change. The Institute also teaches introductory and advanced Technical training for IT teams providing them with the knowledge required to build production level, web-enabled systems that integrate with existing company back-end systems. Technical coursework includes Web Site Development, Programming with Java, E-Business Architecture, Software Cost Estimation and Capability Maturity Model (CMM).

About C-bridge

C-bridge is the leading provider of c-Commerce solutions for the b2b marketplace. Founded in 1996 and headquartered in Cambridge, Massachusetts, C-bridge is a full-service provider of e-business solutions. C-bridge creates business value for clients through its experience-driven ability to diagnose and resolve business and technology issues, develop business and technology strategies, and deliver advanced Internet applications and e-business solutions.

C-bridge also provides executive educational services to assist business leaders in successfully defining and implementing e-business transformation and collaboration. For more information on C-bridge, visit 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 our contracts, our ability to hire, train, and retain qualified employees, our ability to continue to develop effective sales and marketing capabilities, and our ability to keep pace with the Internet's rapid technological changes, evolving industry standards and changing client requirements, and other factors that are discussed in the Company's amended registration statement on Form S-1 dated December 16, 1999 and in the Company's 10K-A dated April 4, 2000 on file with the Securities and Exchange Commission.

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

EDITORS' NOTE: This and other information about C-bridge is available on the company Web site (www.c-bridge.com), by calling 877-805-2007, or by e-mailing [e-mail]