DETERMINE Introduces Breakthrough Configuration Tool for Contract Management.

Business Editors/High-Tech Writers

SAN FRANCISCO--(BUSINESS WIRE)--Feb. 5, 2003

DETERMINE Composer Delivers Cost Savings with Fast, Flexible

Configuration for a Wide Array of Contract Obligations

DETERMINE Software, the leader in buy-side contract management specializing in leasing, today announced the availability of its latest product offering, DETERMINE Composer.

Composer, the industry's first XML-based contract process-modeling tool, extends the existing functionality in the DETERMINE contract management application. Using Composer, all forms, obligation data, business processes and workflow definitions can be rapidly configured to mirror a corporation's specific business processes. With an intuitive wizard interface, Composer allows purchasing professionals, contract managers and administrators to define and customize contractual obligations without requiring code changes or programming expertise from technical staff, thereby delivering rapid results with reduced implementation costs. Composer's real-time configuration capability ensures a continued reduction of contract management operating costs for a wide-array of buy-side contracts, including those with the most demanding details and obligations.

Composer delivers three wizards to configure forms, interface and workflow in the DETERMINE application:

-- Forms - Composer supports the customization of all data on all contract management forms including master leases and agreements, lines of credit, renewal options and payment information, ensuring that the DETERMINE Software implementation mirrors real-time changes in a business environment.

-- Portals - Composer enables the configuration and maintenance of a customized web-based interface using corporate elements such as logos, branding design, security sign-in, and policies and procedures. Corporations can quickly and easily include key contractual data on an intranet ensuring visibility across the organization.

-- Workflow - Composer models a customized workflow process with unlimited approvals, permissions and rules. All workflows include audit trails, and designated workflows can be associated with a contract type. Through this wizard, organizations across all industries can model any business process or extensive approval loop.

"Customization is a must for any contract management system that wants to satisfy the demands for flexibility in a real-time enterprise. An organization cannot afford to invest in a contract management system that does not support ever changing business rules and workflow processes." Andy Kyte, Gartner, Inc., Vice President and Research Director Business Management Group.

"Today's technology needs to be flexible and intuitive enough to keep up with the fast pace of business," said Dr. Jamie Taylor, CTO of DETERMINE Software. "Customers simply aren't competitive using a monolithic system that doesn't seamlessly mirror their internal processes. The key advantage to Composer is the real-time configuration, which gives our customers the control and flexibility to configure a system that supports both their short term and long term strategic contract management requirements."

About DETERMINE Software

DETERMINE is the leading web-based leasing contract management application for Global 2000 companies with significant buy-side contractual obligations and agreements. DETERMINE delivers control and efficiency over the entire leasing contract cycle, enabling increased market capitalization through contractual savings, reduced processing time, increased compliance management and reduced financial risk. DETERMINE customers, such as ADP, Alcoa and Chevron-Texaco, have realized significant improvement and recognized savings in their contract management process.