Chemtura Corporation Selects Vendavo Price Management Software

Chemtura has been making significant strides in achieving greatersophistication and consistency in establishing and maintaining optimumpricing levels for its many products. Such enhancements to the processof making pricing decisions are a key driver in the pursuit ofprofitability improvement.

The decision to deploy Vendavo software builds on a two-yearinternal initiative at Chemtura (which was recently formed by themerger of Crompton Corporation and Great Lakes Chemical Corporation)of analyzing customer and product data to determine the profitcontribution of each customer relationship and each product line.

The Vendavo price management software will:

-- Deliver real-time pricing analysis to business users leveraging enterprise-wide SAP data;

-- Accelerate the speed with which data is analyzed and pricing decisions made;

-- Tally profit contributions by discrete area of responsibility for incentive compensation purposes.

"We are ready to advance to the next stage in the process ofoptimizing our pricing model," said James Mason, Chemtura's vicepresident, Commercial Transformation, "and expect to use the Vendavoprice management software suite to improve decision making throughoutthe Chemtura organization."

"We evaluated all of the available technologies for suchapplications, and concluded that the price management package fromVendavo offered the best capabilities for achieving our objectives,"Mason added.

Al Crites, chief executive officer of Vendavo, added, "We areproud to have a chemical industry leader of Chemtura's stature chooseto partner with us on this strategic initiative. We will work closelywith Chemtura to meet their evolving needs and are confident that ourprice management software will deliver significant bottom-linebenefits."

About Chemtura

Chemtura Corporation, with pro forma 2004 sales of $3.7 billion,is a global manufacturer and marketer of specialty chemicals, cropprotection and pool, spa and home care products. Headquartered inMiddlebury, Conn., the company has 7,300 employees around the world.Additional information concerning Chemtura is available atwww.chemtura.com.

About Vendavo

Vendavo is the leading provider of price management software toglobal process, industrial and high-tech manufacturing, anddistribution corporations. Vendavo's customers significantly increasetheir net margins by solving a broad range of pricing challenges thatinclude managing strategic pricing initiatives, setting list prices,managing price lists, controlling margin leakage, negotiating andmanaging contracts, pricing quotes, tracking pricing performance andcustomer compliance, and communicating prices across the organization.Vendavo solutions integrate seamlessly with other mission-critical,customer-facing processes and applications. To learn more or torequest information, visit www.vendavo.com.

Forward-Looking Statement

Certain statements made in this release are forward-lookingstatements that involve risks and uncertainties, including, but notlimited to, general economic conditions, the outcome and timing ofantitrust investigations and related civil lawsuits to which Chemturais subject; the ability to obtain selling-price increases; pension andother post-retirement benefit plan assumptions; energy and raw-material prices and availability; production capacity; changes ininterest rates and foreign-currency exchange rates; changes intechnology, market demand and customer requirements; the enactment ofmore stringent environmental laws and regulations; the ability torealize expected cost savings under Chemtura's cost-reductioninitiatives; the amount of any additional earn-out payments from GE,the ability to reduce Chemtura's debt levels, and other risks anduncertainties detailed in Chemtura's filings with the Securities andExchange Commission. The following factors, among others, could causeactual results to differ from those included in the forward-lookinginformation: the risk that the businesses and/or SAP systems will notbe integrated successfully; the risk that the cost savings and othersynergies from the transaction may not be fully realized or takelonger to realize than anticipated; the inability to achieve cash flowsynergies; disruption from the merger making it more difficult tomaintain relationships with employees, customers or suppliers; andcompetition and its effect on pricing, spending, third-partyrelationships and revenues. These statements are based on Chemtura'sestimates and assumptions and on currently available information. Theforward-looking statements include information concerning our possibleor assumed future results of operations, and Chemtura's actual resultsmay differ significantly from the results discussed. Forward-lookinginformation is intended to reflect opinions as of the date thisrelease was issued and such information will not necessarily beupdated by Chemtura.