Verticalnet Selected by Capgemini Energy to Improve Sourcing, Supply Management and Spend Visibility for Large Utility Customers

Verticalnet, Inc. (Nasdaq:VERT), a leading provider of on-demandsupply management solutions, today announced that Capgemini Energy(CGE), a leader in Business Process Outsourcing of supply chainoperations and information, has selected the Verticalnet XE SupplyManagement suite as its offering platform for current and futureoutsourced customers.

Capgemini Energy selected Verticalnet XE for its completelyintegrated functionality: from spend analysis to sourcing, fromnegotiation and contract management to e-procurement and catalogmanagement services.

"We look forward to utilizing the Verticalnet XE Suite of tools indelivering service to our customers," states Paul Dickens, CGE'sManager of Supply Chain Services. "An end-to-end platform such asVerticalnet will enable us to drive efficiencies and savings and willenhance our overall service delivery."

"We are very pleased that Capgemini Energy has selectedVerticalnet to deliver their services on our XE Supply ManagementSolution Suite," says Nathanael V. Lentz, President and CEO ofVerticalnet. "The integration between components of the XE suiteprovides CGE and their outsourcing customers with synergies that arenot possible with individual, stand-alone software products." Lentzconcludes, "The fact that the entire XE suite is on-demand also meansthat CGE can deliver value for their customers sooner without lengthysoftware implementations and costly software upgrades."

About Verticalnet

Verticalnet is a leading provider of on-demand supply managementsolutions that enable companies to identify and realize sustainedvalue across the supply management lifecycle. Going beyond traditionalspend management and sourcing approaches, Verticalnet's solutionsprovide the visibility, insight and process control required tomaximize the sustained value realization from supply management. Largeenough to help customers attain supply management success worldwide,yet nimble enough to provide individual attention and remain focusedon customer priorities, Verticalnet is helping leading Global 2000companies and mid-market enterprises move their supply managementefforts to the next level through an optimal blend of software,comprehensive services, and deep category knowledge and domainexpertise.

The Verticalnet XE Supply Management suite is available on-demandand includes:

-- Verticalnet(R) Program Manager -- lowers the total cost of ownership and improves productivity through sound and re-usable program and process management

-- Verticalnet(R) Spend Manager -- a fast, intelligent, and repeatable solution for identifying, evaluating, and quantifying enterprise-wide sourcing opportunities while measuring compliance

-- Verticalnet(R) Negotiation Manager -- accelerates and improves negotiated savings through online auctions and eRFX events

-- Verticalnet(R) Procurement Manager -- simplifies and improves control over the procurement process to help companies realize the maximum cost savings identified through supplier sourcing and negotiation

-- Verticalnet(R) Contract Manager -- provides real-time insights into contract obligations, exposures, expirations, changes and renewals delivering greater control, reducing costly oversights and minimizing supplier risk

-- Verticalnet(R) Performance Manager -- enables companies to effectively track and manage supplier performance, contract compliance and identify potential areas of supplier risk

To learn more, please visit us at www.verticalnet.com.

Verticalnet is a registered trademark or a trademark in the UnitedStates and other countries of Vert Tech LLC