XIS Launches Innovative Web Application That ManagesProduct Development.

Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--April 18, 2000

XIS Incorporated, provider of web applications for product lifecycle management, announced today the launch of their flagship product Novare(TM). This groundbreaking enterprise-class application enables the transformation

Novare leverages workflow, document management, email and collaborative functionality to intelligently execute best practice approaches to new product development and portfolio management. By increasing the efficiency of development activities and ensuring efforts are aligned with strategy, Novare helps companies build market-leading products faster.

"In today's high velocity marketplace, rapid innovation is the key to success. We recognized this early and developed software that enables it," said Paul Webb, CEO of XIS. "Novare speeds the transformation of a company's knowledge and creative energy into market-leading products, directly impacting profitability."

XIS has gathered user feedback about Novare through an extensive beta program with industry leading customers, including SGI (NYSE: SGI), Glaxo Wellcome (NYSE: GLX), and Innova.

"Having identified the need for effective portfolio management in our industry, we went looking for a product that would allow us better visibility and management of our existing product portfolio," said Mike Deussen, SGI's IPPD (Integrated Product and Process Development) architect. "Novare does just that by providing exceptional decision support for portfolio optimization. And it does this while allowing for the consistent deployment of product development process across multiple programs."

"The ability to build software applications faster is what sets us apart," said Raj Velagapudi, President of Innova. "Novare helps us do just that by speeding development and ensuring our offshore teams collaborate smoothly and efficiently with their American counterparts."

About XIS

XIS Inc. is a privately held software firm that develops web applications for product lifecycle management (PLM). XIS Inc.'s Flagship product, Novare(TM), is a groundbreaking application that manages the new product development (NPD) process, helping companies `transform ideas into market-leading products at internet speed'(TM). By leveraging web technology to promote collaboration, capture process improvements and ensure resources are aligned with strategy, Novare accelerates time to market and dramatically increases productivity, giving companies the edge they need to succeed in competitive markets. For more information on XIS Inc., visit www.xisinc.com.

About SGI

SGI provides a broad range of high-performance computing and advanced graphics solutions that enable customers to understand and conquer their toughest computing problems. Headquartered in Mountain View, Calif., with offices worldwide, the company is located on the Web at www.sgi.com.

About Glaxo Wellcome

Glaxo Wellcome is a research-based company whose people are committed to fighting disease by bringing innovative medicines and services to patients throughout the world and to the healthcare providers who serve them.

About Innova

Innova is a Global company providing information technology (IT) services offering e-commerce solutions to large and mid-size organizations. The company enables its clients to rapidly define and implement B2B ,B2C and CRM solutions that combine commerce, content and community. Headquartered in Santa Clara, California, with its offshore development centers in India and Singapore.

Copyright (c) 2000 by XIS Inc. Novare and `transforming ideas into market leading products at Internet speed' are trademarks of XIS Inc. SGI is a trademark of Silicon Graphics, Inc. This list is not exhaustive. Other product and company names herein may be trademarks of their respective owners.