Corio Teams Up With BroadVision to Host Integrated E-procurement Solution.

Business Editors/High-Tech Writers

SAN CARLOS, Calif.--(BUSINESS WIRE)--Sept. 20, 2000

Strategic Alliance Lets Businesses Capitalize on Cost Reductions and

Efficiencies

Corio, Inc. (Nasdaq:CRIO), a leading enterprise application service provider (ASP), today furthered its strategic alliance with BroadVision, Inc. enabling Corio to offer companies a world-class, hosted buy-side solution that integrates self-service procurement functionality into a single Web-based environment.

Corio will be the first company to offer hosted BroadVision Procurement, a software application that enables companies to automate and streamline their purchasing processes while offering a personalized experience for each user. The end-to-end solution will offer both robust, personalized electronic procurement as well as supplier connectivity and transaction capabilities, while allowing companies to capitalize on the speed-to-market and cost efficiency of the ASP model.

"Business dynamics are in the midst of several radical shifts," said George Kadifa, Corio's president and CEO. "One such shift is the rapid adoption of exchange technology. Another is the rise of the ASP model. A third is high demand for personalization to deliver a customized, unique experience for every user. By leveraging all three trends, we will offer a hosted solution that increases both supplier and buyer retention, while accelerating business-to-business electronic commerce practices."

"Companies today recognize that e-procurement is the ideal place to start to become an e-business. However, e-procurement solutions are only valuable if they gain broad adoption throughout an enterprise and if they offer the robust supplier connectivity and transaction capabilities that drive many of the efficiencies of implementing an e-procurement system. By providing a high level of personalization through BroadVision Procurement, Corio will deliver a greatly enhanced buyer experience as well as world-class e-marketplace functionality," explained Dr. Pehong Chen, president and CEO of BroadVision. "This potent, world-class solution will accelerate the adoption of streamlined procurement practices every business can benefit from."

About Corio, Inc.

Corio is a leading application service provider, or ASP. Corio implements, integrates and manages the Corio Intelligent Enterprise, a suite of scalable, best-of-breed enterprise software applications from leading vendors. Corio's application suite features BroadVision, Changepoint, Commerce One, E.piphany, Microsoft, Moai, PeopleSoft, Portal Software, Requisite, SAP and Siebel Systems. Corio is headquartered in San Carlos, Calif., with 15 offices across the U.S. Additional information about Corio is available at http://www.corio.com.

Note to Editors: Corio is a trademark of Corio, Inc. All other product and company names mentioned herein may be the trademarks of their respective owners.

FORWARD-LOOKING STATEMENTS:

Matters discussed in this news release involving expectations, beliefs, plans, projections, intentions, or strategies are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities and Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, and are made under their safe-harbor provisions. Words such as "will", "plans", "to" and other similar expressions identify these forward-looking statements. Forward-looking statements herein include statements regarding Corio's intent to offer and host BroadVision Procurement and the benefits of such a solution to customers. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Some of the specific factors that may cause actual results to differ include: our limited history of offering ASP services and the fact that we operate in a new industry with a rapidly-evolving business model; any inability to address the significant complexities associated with hosting and integrating procurement software and exchanges; any failure of the market to accept hosted procurement and exchange software; our dependence on third party software vendors for the software necessary to provide our services; our ability to address security and system failure risks; and our ability to adapt our services for rapidly changing technology. Additional risks that could cause actual results to differ materially from those projected are discussed in our filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. Corio undertakes no obligation to publicly release the results of any revision to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.