FMC Corp. selects VIN.net International for T & E Management Solutions.

BARRINGTON, Ill.--(BUSINESS WIRE)--Jan. 21, 1999--

VIN.net automated expense management system will increase

productivity

VIN.net International, a leader in automated expense management solutions, today announced that FMC Corp., Chicago, one of the world's leading producers of chemicals and machinery for industry and agriculture, has chosen the VIN.net Expense Management System to automate and control its travel and expense management program at selected locations.

Implementation of the system will assist FMC, which reported 1997 sales of nearly $4.3 billion to more than 100 countries, in achieving its productivity goals. The company has nearly 17,000 employees, and operates in more than 100 manufacturing facilities and mines in over 25 countries.

The VIN.net system dramatically speeds and simplifies T & E reporting by allowing FMC employees to electronically fill out and file travel and expense reports from any location, any time, and receive reimbursement within one or two days via direct bank deposit. For the FMC travel and expense management department, the paperless system replaced complex traditional methods of expense and travel recording, reporting, routing, approvals, reimbursement and management.

"VIN.net has virtually re-engineered the T & E reporting process, allowing us to streamline our system to avoid duplication of efforts," says Tom Postema, FMC corporate accounting manager. "We believe that the VIN.net solution will help us to increase productivity in this area considerably. Our employees will be able to spend less time on administrative tasks and devote their energies to more rewarding work."

With VIN.net, FMC can input its own corporate policy and expense reporting rules. VIN.net automatically highlights out-of-policy entries. "This eliminates time-consuming manual report review and allows us to easily control policy compliance," says Postema. In addition, the system provides easy-to-use statistical analysis and benchmarking tools, for more effective planning, budgeting, travel vendor negotiation and policy-making.

VIN.net presents a custom-engineered solution that pays for itself by reducing corporate expense management, reporting and reimbursement costs and is so reliable that the company offers a zero-defect guarantee. The VIN.net Expense Management System runs on existing corporate networks and Intranets as well as on Windows, Windows NT and Macintosh platforms.

VIN.net International serves the T & E reporting and management needs of large companies worldwide. For additional information, contact VIN.net at 135 Park Ave., Barrington, IL, phone [phone], or visit the company's web site at www.vinnet.com.