OpenSales Lures Fortune 500 Veterans to ManagementTeam; Open Source E-commerce Software Company...

Business Editors/High-Tech Writers

SAN MATEO, Calif.--(BUSINESS WIRE)--May 17, 2000

OpenSales, Inc., the leading provider of open source e-commerce solutions, today announced that it has used its recently acquired Series A funding to successfully attract Fortune 500 executives

--  Jennifer Cooper, Vice President, Worldwide Sales. Cooper has over
    15 years of experience in leading the sales and strategic business
    development efforts with companies such as VXtreme, Inc., a
    Microsoft-acquired pioneer in streaming video, IBM and Oracle
    Corporation.

--  Christopher Schilling, Chief Financial Officer. Schilling comes to
    OpenSales with a ten-year track record of overseeing major
    financing for clients of Banc of America Securities, LLC, a
    subsidiary of Bank of America. In addition to founding the
    Mezzanine Finance Group at Banc of America Securities, Schilling
    also held key vice presidential and directorial positions in the
    private placements and capital markets groups at the institution.

--  Karen Varnado, Vice President of Business Development. A 20-year
    veteran of high technology, Varnado has held executive positions
    at IBM, Ziff-Davis and Oracle Corporation where she built and
    managed worldwide partnerships, strategic business development
    efforts and sales and marketing programs.

"Chris, Jennifer and Karen bring tremendous value through their experience that will allow OpenSales to aggressively establish itself as the leader in customer-centered e-commerce solutions," said Bonnie Crater, President and CEO of OpenSales, Inc. "Each member of the executive team is committed to our vision of leveraging the open source development model for the future of applications development. As we prepare to launch OpenSales AllCommerce, we will be relying upon their expertise to expand the company's presence in the marketplace."

OpenSales announced its Series A Funding on May 2 of this year; financing for the round was supplied by idealab Capital Partners (ICP), idealab! and Sanchez Capital Partners. The company was founded in September 1998, open-sourced its product line in November 1999 and is scheduled to release the production versions of its freely available OpenSales AllCommerce(tm) software later this month.

OpenSales AllCommerce is a freely available platform for the complete management of e-commerce sites. The software, which runs on Linux, UNIX and Windows NT, is designed to allow the easy management of content, pricing, inventory, ordering and statistical information. OpenSales AllCommerce also works with any major database to manage thousands of transactions per second on inexpensive clusters of systems. To maximize use of the product, OpenSales offers a range of installation and customization options along with ongoing customer support. Other services provided by the company that allow the creation of revenue-ready Web sites include project management, system architecture consulting, pre-launch hosting and customized security.

Editors, please note:

Further information about the OpenSales management team can be found at http://www.opensales.com/html/xedy0006.shtml#meet.

About OpenSales, Inc.

OpenSales, Inc. is the leading provider of open source e-commerce applications. The San Mateo-based Company is the developer of OpenSales AllCommerce, a freely available and platform-independent software solution that processes thousands of Web transactions per second on inexpensive clusters of systems. For rapid deployment, OpenSales offers a range of installation, customization and support services. For more information, visit www.opensales.com.

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