U.S. MARINE CORPS, BATTELLE TURN TO PROCURENET FOR ANTI-TERRORIST CHEMICAL WARFARE DETECTION, LOGISTICS & SUPPLY CHAIN MANAGEMENT SUPPORT.

ProcureNet Awarded Prime Vendor eBusiness Contract to Support Anti-Terrorist Activities, Upgrade Chemical Weapons Detection around the U.S.GREAT RIVER, NY - November 28, 2000 - The U.S. Marine Corps and Battelle have awarded ProcureNet Inc., a pioneer and leading provider of eProcurement solutions for the B2G market, a $2.7 million order to upgrade Chemical Agent Monitors (CAMs) at Marine Corps Logistics Base, Albany, GA. ProcureNet provides supply chain management and logistics support to the Marine Corps and Battelle for anti-terrorist activities involving chemical and biological attacks.

Under the terms of a five-year agreement, Battelle utilizes ProcureNet's OneSource[R] business solution to create an Internet platform that provides extensive support to the Marine Corps Logistics Base (MCLB) in Albany, GA. "We are very pleased to be working with the Marine Corps and Battelle on this contract, building on our ongoing work with the U.S. Department of Defense," said Reuven Battat, CEO of ProcureNet. "This contract to support the U.S. Marines in their anti-terrorism activities illustrates the confidence they have in our eCommerce solution and reinforces ProcureNet's position as the leader in electronic B2G procurement."

Under the Prime Vendor contract, ProcureNet will upgrade 1,600 CAMs coordinated through the Marine Corps Logistics base in Albany, Georgia. Battelle, one of the world's leading providers of technology development services for industry and government, focuses on technology development, technology commercialization and laboratory management. "ProcureNet has been synonymous with outstanding support throughout our longstanding partnership," said Gary Johnson, Program Manager at Battelle. "Their robust, end-to-end capabilities are integral in helping us meet the demanding requirements of clients throughout the U.S. government."ProcureNet OneSource[R] reaches multiple vendors through a seamless three-tiered catalog architecture, including Order PlaceTM, a buyer managed electronic catalog of frequently ordered items; Purchase PlaceTM, an internet catalog for goods not frequently purchased; and Service PlaceTM, an internet spot-buying service.

It delivers aggregated buying power using pre-negotiated, competitive prices; has the ability to create online market places that save money while making money; and a complete logistics and fulfillment lifecycle to create a totally end-to-end Internet solution.

OneSource delivers an integrated buy-sell technology, ensuring virtually any item can be accessed and purchased through its internet catalog, while delivering the highest quality goods at the best price, increasing return-on-investment with every use.About ProcureNet Inc. ProcureNet (www.procurenet.com) is the pioneer and a leading provider of Internet B2G solutions and services.

Its flagship product suite, OneSource, uniquely integrates Web-based procurement applications, global buying portals, and value-added purchasing services. The company recently received the prestigious "Hammer Award" from Vice-President Al Gore's National Performance Review for helping DOD employees reduce inventory and cut costs. The company provides solutions to more than 125 public and private sector organizations. ProcureNet is headquartered in Great River, NY and has 250 employees.

Battelle focuses on technology development, technology commercialization and laboratory management. Headquartered in Columbus, Ohio, Battelle has annual revenues of nearly $1 billion and 7,500 staff members at more than 60 locations throughout the world.