Hewlett-Packard Launches a Private Logistics Network Using GT Nexus; Electronics Giant to Use GT Nexus E-commerce Solutions to Manage Global Ocean Shipments.

Business Editors/High-Tech Writers

ALAMEDA, Calif.--(BUSINESS WIRE)--May 16, 2001

GT Nexus, a leading provider of global e-logistics solutions, today announced that the Hewlett-Packard Company, the third largest U.S. electronics importer, has selected GT Nexus to manage its global transportation needs. GT Nexus enables customers to gain control and visibility of their global logistics by providing integrated planning and execution solutions delivered through customer-centric private networks.

Using GT Nexus family of e-commerce solutions for global logistics, HP is able to:

-- Work with their selected partners through standardized processes

-- Simplify and web-enable transportation processes that today are largely
paper, fax and email-based

-- Centrally manage contracts, forecasts and cargo allocations across multiple
providers

"GT Nexus enables us to accomplish more in less time and with better visibility and control than we had before," said Maryanna Kersten, Ocean Program manager at HP. "We chose GT Nexus because the company understands the needs of large importers and has the technology and products to deliver complex, Web-based solutions. The HP private network was implemented in about 45 days."

"HP is a leader in technology innovation and we are very excited to have them as a customer," said Aaron Sasson, chairman and CEO of GT Nexus. "As a Fortune 20 company with a huge volume of ocean shipments, HP can drive significant gains through efficient and cost-effective management of their logistics planning and execution. We are committed to help them accomplish these goals."

"Our customers want a simpler way to do business," said E. S. Kwon, CIO at Hanjin. "We are integrating our systems and processes with GT Nexus solutions so customers like HP can immediately begin to reap the benefits of tighter collaboration." Hanjin is a leading global carrier and GT Nexus partner.

About Hewlett-Packard

Hewlett-Packard Company -- a leading global provider of computing and imaging solutions and services -- is focused on making technology and its benefits accessible to individuals and businesses through simple appliances, useful e-services and an Internet infrastructure that's always on. HP has 88,500 employees worldwide and had total revenue from continuing operations of $48.8 billion in its 2000 fiscal year. Information about HP and its products can be found on the World Wide Web at www.hp.com.

About GT Nexus

GT Nexus, formerly known as Tradiant, is a leading provider of global e-logistics solutions. The company's e-logistics solutions streamline complex global transportation processes, bringing unprecedented control and visibility to customers. GT Nexus provides a live global network of connected partners that include importers and exporters, freight forwarders, carriers and other service providers. Today, GT Nexus serves as a neutral third-party driving the world's largest ocean transportation partnership -- a growing membership of 12 major ocean carriers, including APL, CP Ships, Crowley Liner Services, CSAV, Hanjin, Hyundai, "K" Line, Mitsui O.S.K. Lines , Senator Lines, Wan Hai, Yang Ming and the Zim Israel Navigation Company. GT Nexus is at www.gtnexus.com.