Evergreen's ECential™ wins US$50 million contract

SINGAPORE, May 24, 2000 - Evergreen Internet Inc., the US based parent company of Evergreen Internet Pte Ltd, hasbeen selected and engaged by General Electric to provide a "large-scale" electronic commerce solutionfor their Power Systems Division.

SINGAPORE, May 24, 2000 - Evergreen Internet Inc., the US based parent company of Evergreen Internet Pte Ltd, has been selected and engaged by General Electric to provide a "large-scale" electronic commerce solution for their Power Systems Division.

The corporate budget for this project is estimated to be US$50 million over the next 18 months. Using Evergreen's ECential™ as the architectural centerpiece of their design, Evergreen will play a lead role in the development of the Power Systems Division's e-business solution.

This contract represents a significant milestone for Evergreen, its partners and users of ECential™. Meanwhile, more projects are being discussed with the rest of the divisions in GE.


About Evergreen Internet
Evergreen Internet Pte Ltd was formed in April 2000 by Evergreen Internet Inc. - a provider of open ECommerce software. Evergreen Internet, Inc. is an Arizona-based Open Commerce Framework™ company. They deliver true open standards (XML, JAVA™, EJB, RMI, CORBA) commerce framework for Business-to-Business and Business-to-Consumer solutions using distributed, platform independent commerce components, EComponents™. Evergreen's Open Commerce Framework™ EComponents™ have been deployed as the B2B and B2C infrastructure for companies such as; GE Power Systems, Sharper Image, Sundance Catalog, Swiss Colony, Baseball Express.

Evergreen's ECential incorporate XML and complies with Sun's popular EJB distributed object model. These next generation features make it attractive to companies that need scalability, flexibility of deployment and integration with backend systems.

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