Corechange and Silverline Technologies Partner to Build Portal Solutions That Improve Clients' Interactions With Customers, Suppliers and Business Partners.

Business/Technology Editors

BOSTON--(BUSINESS WIRE)--June 7, 2001

Corechange's Technology Enables Enterprises to Connect and Display

Information from All Existing Systems in a Single User Interface

Corechange, Inc., a global provider of e-access framework software, and Silverline Technologies Limited (NYSE: SLT and SLT Pr), an international software development and integration services firm, today announced a strategic alliance to deploy enterprise information portals for clients, enhancing collaboration among employees, customers and partners. With Corechange's Coreport 3g(TM) technology and Silverline Technologies' broad integration expertise, companies can deploy enterprise-wide portals to access all existing information from their various enterprise, web and legacy applications through one interface.

Coreport 3g enables companies to deploy wired or wireless corporate, community, marketplace and mobile commerce portals, customized to each user based on the individual's role within the enterprise. Silverline's dedicated team of Coreport 3g specialists works with companies to design and implement Coreport 3g-based enterprise information portals that integrate ERP, mainframe, client server systems, extranet, Internet and intranet applications into a unified, browser-based view.

"Silverline's approach is to meet client needs with best-of-breed products that are customized to their specific requirements," said Aravind Ramachandran, vice president of Silverline's Business Solutions Group. "Our partnership with Corechange complements this strategy because Coreport 3g is a scalable and open access framework. We can integrate Coreport 3g, quickly, economically and safely, with our clients' existing infrastructure and applications. Not only that, but we are able to deliver wireless capabilities, enabling the clients to use their systems assets to support both their mobile and eBusiness strategies."

Silverline's Corechange practice currently consists of a dedicated team of technical professionals that is focused on Coreport 3g implementation engagements, serving enterprise customers worldwide. This team is backed by Silverline's global network of software development centers that provide an additional pool of IT professionals, allowing Corechange portal projects to be undertaken on a virtual 24-hour day, resulting in faster and more economical implementation than onshore alternatives.

"Silverline understands that global, technologically-diversified customers demand enterprise information portals that personalize and simplify interactions with their business communities," said Ulf Arnetz, CEO of Corechange. "With Silverline's global delivery model and committed Coreport 3g team, together, we can build portal solutions customers demand expeditiously and economically, enabling customers to quickly gain advantages of deploying a portal."

About Coreport 3g

Coreport 3g is next-generation e-business access framework software for deploying any kind of portal, including corporate, community, marketplace and mobile commerce portals. Coreport 3g provides a personalized user experience based on the user's role in the enterprise, and that experience is portable across desktop and wireless devices. The Coreport 3g product family was built using industry standards and designed for device and platform independence, scalability, security, rapid deployment and ease of integration. Single sign-on gives users access to authorized content and applications. Coreport Connectors(TM) provide a direct binding between the Coreport 3g user interface and applications and content.

About Silverline Technologies

Silverline(R) Technologies Limited (NYSE: SLT and SLT Pr) is an international software development and integration services firm, with over 2,600 software professionals worldwide. Silverline provides a comprehensive set of eBusiness consulting and IT services, including strategic consulting, creative design, technology integration and implementation, as well as management and maintenance of Internet and legacy applications. Silverline focuses primarily on Global 2000 clients in key industry sectors, such as automotive/discrete manufacturing, financial services, healthcare/insurance, technology and telecommunications. The Company also has extensive experience in technologies such as mobile and wireless applications, ePayments, customer relationship management (CRM), online marketplace integration and enterprise information portals. Silverline delivers its services through a global network of software development centers. At the heart of the network are core offshore centers in Chennai, Hyderabad and Mumbai, in India, and Cairo, Egypt. These centers support regional development facilities located close to clients throughout North America, Europe and Asia Pacific. With SEI CMM Level 4 and ISO 9001 certified processes, Silverline uses this Global Delivery Model to provide superior service, accelerated delivery and significant cost savings to clients around the world. Visit Silverline on the World Wide Web at www.silverline.com.

About Corechange

Corechange, Inc. delivers e-access framework software for deploying any kind of portal. The company's Coreport 3g(TM) product family profiles and manages people, information and applications to provide an integrated and personalized user experience based on roles that can be delivered on both desktop PC's and wireless devices. Corechange has a worldwide customer base, including ABN AMRO, Credit Suisse First Boston, EMC, Nortel Networks, Telco Systems, Philips, NSTAR, Krispy Kreme, and AMB Property Management. Corechange is headquartered in Boston, with offices throughout North America, Europe and Asia.