Cephren Surpasses $50 Billion Project Value Milestone; Coincides With Release of Cephren ProjectNet in Five Additional Languages.

Business Editors/High-Tech Writers

PALO ALTO, Calif.--(BUSINESS WIRE)--Sept. 12, 2000

Cephren, Inc., a leading online workplace for the $3.6 trillion global construction industry, announced today that the total value of construction projects currently utilizing Cephren ProjectNet(R), the company's online project collaboration and project management service, has risen to well over $50 billion, a figure that has nearly doubled since January. This dramatic increase coincides with Cephren's aggressive expansion overseas and the launch of a multilingual interface to Cephren ProjectNet, which is now available in five languages in addition to English -- French, German, Spanish, Japanese and Korean. Customers can now select their language of choice to manage their projects, enabling global project teams to work together more easily and reduce barriers to adoption.

The opening of global offices in Hong Kong, Munich, London and Vancouver and knowledge of local business practices has driven Cephren's rapid international growth, which includes sales in more than 30 countries. Having offices around the globe and translating the user interface of ProjectNet into five languages improves Cephren's ability to support the demand of web-based project collaboration in any French, German, Japanese, Korean or Spanish-speaking market.

"Current customers are expanding the number of projects they manage using Cephren ProjectNet because of its ability to connect project team members worldwide. Geographic barriers no longer exist," said Robert J. Majteles, CEO for Cephren, Inc. "With more than 12,000 registered users worldwide and approximately 15 percent of our hosted projects in global markets, Cephren is quickly becoming the solution provider-of-choice for the global construction industry."

"To service global companies, it's important that we continue to identify and meet the needs of the construction industry worldwide, not just in the United States," said Richard Proksa, vice president of Europe, Middle East and Africa for Cephren. "Satisfying the demands of these customers requires flexible products and services that support local languages and that incorporate knowledge of local business practices."

Cephren partnered with Uniscape to localize the French, German, Japanese and Spanish versions of Cephren ProjectNet and to quickly deliver value-added services to its fast-growing global customer base. Uniscape's localization services allowed Cephren to become one of the first multilingual e-business services for the global construction industry. A local partner in Asia translated the Korean version of ProjectNet.

Cephren is recognized in the business and industry press and the investment community as a leader in the online construction space. Recently, Forbes.com selected Cephren among its "Best of the Web -- B2B" in its special May 2000 issue. Buildings' Magazine also selected Cephren as "Best Of The Web," to be announced in its September 2000 issue.

In addition to ProjectNet, Cephren offers other value-added services. These include Cephren MarketNet(TM), an online bidding service for buyers and sellers of construction products and services, which launched its commercial offering in May 2000, and Cephren PrintNet(TM), an online reprographics and print services marketplace, which offers the ability to issue electronic print work orders to more than 350 reprographic accounts worldwide.

About Uniscape

Uniscape is the leading provider of ebusiness globalization solutions. Uniscape's Globalization Infrastructure for eBusiness(TM) is a comprehensive technology platform delivered as an application service provider (ASP) combined with a set of globalization services to empower eBusiness across more than 40 languages. More than 140 global companies have relied on Uniscape's technologies to globalize their Web sites, ecommerce solutions, and enterprise content. Customers include: Hewlett-Packard Company, VerticalNet, DoubleClick, Lycos, Commerce One, GE Information Services, Vignette, Phone.com, Broadbase Software, Candle, Amway, and Hyperion Solutions. Uniscape is a privately held company headquartered in Redwood Shores, California with offices in Los Angeles, New York, Boston, Washington D.C., Dallas, Chicago, Dublin and Singapore. The company's investors include Sequoia Capital, Acer Capital, the National Computer Board of Singapore, Jin Sun Security, and Star Capital. For more information about Uniscape's solutions, call 888/464-4186 or 650/596-1430 or visit Uniscape on the Web at www.uniscape.com.

About Cephren

Cephren, Inc. (www.cephren.com) is a leading online workplace for the $3.6 trillion global construction industry. Cephren is helping the industry change the way it builds the world with its leading framework of web-based collaboration and e-commerce services, including Cephren ProjectNet(R), Cephren's award-winning project collaboration and project management service, Cephren MarketNet(TM), Cephren's online marketplace for buyers and sellers of construction products and services, and Cephren PrintNet(TM), Cephren's online reprographics and print services marketplace. Supporting more than 12,000 registered users and over 750 projects worldwide valued at more than $50 billion, Cephren is the industry pioneer serving this market. Cephren's services are currently being used at internationally known firms including The Bechtel Group, Morrison Knudsen, Webcor Builders, Gensler, HOK, 3Com, Odebrecht, and BSW International. Companies using Cephren's e-commerce services include Mass Electric Construction Company, J. A. Penney Co., Liberty-Wesco, Fischbach & Moore Electric, Inc., DualStar Technologies, Forest Electric (EMCOR), Midwest Mechanical of New Jersey, and Watsco. Cephren has approximately 200 employees and is based in Palo Alto, California with offices in New York, Grand Rapids, Munich, Vancouver, Hong Kong and London. Cephren also works through resellers and partners in other parts of Canada, Asia, Europe and Latin America.

Note to Editors: Cephren ProjectNet is a registered trademark and Cephren, the Cephren logo, Cephren MarketNet, Cephren PrintNet and Change The Way You Build The World are trademarks of Cephren, Inc. in the USA and other countries.