Deliverex Inc. Receives $10M Funding from the BRM Group, Goldman Sachs and Intel Capital for Deliverex Priority Content Delivery Service Powered by BackWeb's Polite Push Technology.

Business and Technology Editors

NEW YORK--(BUSINESS WIRE)--March 13, 2000

Deliverex Transcends E-mail to Deliver "Content"

Without Concerns about Internet Bandwidth

Deliverex Inc. today announced it has completed its Series B financing of over $10 million. The investment round was led by the BRM Group, which was joined by Goldman Sachs, Intel Capital, and a number of prominent Internet CEOs. Deliverex(TM)the Internet Priority Content Delivery Service, recently debuted at Demo 2000. Deliverex's outsourced e-service enables businesses and consumer e-mail users to exchange "priority content"--priority messages, documents, and large content files, such as music, video, and photography-- that is personalized, permission-based, trackable, signable and secure.

Along with Goldman Sachs, Intel Capital was part of the second round of financing for Deliverex, which will use the investment to help fund technology development of the Internet courier service, to be introduced in Q4 2000. Deliverex received an initial financing round from the BRM Group, the largest venture fund focused on Israeli Internet infrastructure start-up companies. BRM was the first investor in Check Point Software Technologies Ltd., which currently has the largest market cap of any company in Israel. BRM has also invested in BackWeb(R) Technologies, with headquarters in San Jose, Calif. and Ramat Gan, Israel. Deliverex will be using BackWeb technology to address the burgeoning market for delivery of rich content.

"We recognized the market growth opportunities addressed by Deliverex as an outsourced peer-to-peer e-service to deliver large-sized content such as video, digital photography and music, in addition to securely delivering contracts, statements, and priority documents for small business and business individual users," said Eli Barkat, chairman and CEO of BackWeb.

"Along with our permission-based rules and tracking that automate prioritization by recipients of their most important digital packages, we will leverage BackWeb'Polite(TM)push technology to distribute timely, rich content without worrying about inconsistent bandwidth,"said Brian Smiga, president and CEO of Deliverex, who recently joined the company from 1ClickCharge, a CMGI company.

"As an ASP, the Deliverex Priority Content Exchange provides core value for many of the companies we invest in, where the secure exchange of rich content will become the norm, not the exception," said Goldman Sachs Managing Director of Principle Investments, Joe Gleberman. "Goldman Sachs has extended its influence beyond the investment banking market to invest in Internet service companies that are leveraging new media and are building towards initial public offerings."

About Deliverex www.deliverex.com

Deliverex was incubated in 1999 by the BRM Group. The founders envisioned a priority, permission-based, simple to use, and fully outsourced content delivery exchange service for all digital content, aimed at individuals and businesses, which would enable time-sensitive exchange of information. Global trends of larger digital content (presentations, graphics, video, photography, music), uneven bandwidth availability, security needs, and pervasive communications indicated a large market opportunity for the Deliverex service.

About The BRM Group www.brm.com

The BRM Group invests in seed and expansion or growth stage Israeli Internet Infrastructure companies and technologies. Operating from Jerusalem and Fort Lee, NJ, BRM helps entrepreneurs achieve market `escape velocity' by providing technical, operational, business, and financial support. This has been leveraged to build superior Internet companies such as Check Point Software Technologies (NASDAQ:CHKP), BackWeb Technologies (NASDAQ:BWEB), IPHighway, Whale Communications, PeopleLink, PC Data, Brio Technologies (NASDAQ:BRYO) and others. BRM Seed, a $100 million program, invests in start-ups in the idea or early stage. BRM also plans to establish BRM Capital, headquartered in the US, which will invest in companies that have started to generate revenue, proven their business concept and technology, and require expansion or mezzanine capital.

About Goldman Sachs www.gs.com

Goldman Sachs is a leading global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, it is one of the oldest and largest investment banking firms. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

About Intel Capital www.intel.com /capital

Intel Capital, Intel's strategic investment program, focuses on making equity investments and acquisitions to grow the Internet economy, including Internet infrastructure, content and services in support of Intel's strategic interests.

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