PALO ALTO, CA - June 27, 2000 - Noosh, Inc., (www.noosh.com) a leading provider of online supply chain communication and collaboration solutions for managing enterprise communications such as print, packaging, electronic media, creative services and direct mail, today announced that it has added significant time and cost efficiency enhancements to its noosh.com service. The new enhancements continue to position Noosh as a leading collaborative commerce provider of Internet-based solutions for businesses seeking to streamline workflow, improve communications and enhance relationships among internal team members and outside vendors.

By providing a centralized online workspace, noosh.com enables everyone involved with a complex, multi-step project - including designers, agencies, corporate buyers, printers and direct mail houses - to work together by sharing essential information. Noosh.com enables users to share project requirements, schedules, task lists and the latest message and project updates, in real time. In turn, this allows for informed decisions that eliminate duplicative efforts and miscommunications which, if otherwise left unchecked, can lead to significant cost over-runs and production delays.

Some of the nation's premier Fortune 500 corporations such as Bank of America, GE and Aetna as well as many large, prominent print providers have turned to noosh.com as their enterprise-wide online solution for print procurement and production. Today, through noosh.com, Noosh customers are achieving time and cost efficiencies that they were unable to achieve previously.

"Noosh has always been very good about listening to Bank of America, and their incorporation of our enhancement requests has enabled us to further increase the benefits that we are receiving from the noosh.com service," said Sue Ward, vice president of commercial print, Bank of America. "I took the customer-only preview tour of the latest enhancements and I love the new user interface. Noosh has also prepared myself and my staff to take advantage of the new features as they go live."

Key to leveraging noosh.com across the enterprise is the expanded reporting capabilities. Any executive manager can now identify total spending as well as trends across a variety of factors. Noosh.com reporting enables organizations to improve spending practices, consolidate around quality providers, monitor savings levels and improve accountability in all aspects of the production and procurement process.

In addition, Noosh has also significantly ramped-up the speed of access to noosh.com, making it even easier for all members of a team to utilize the service, regardless of the existing bandwidth capacity of their connections and remote networks. Furthermore, a new user interface streamlines navigation for both power users, with numerous activities, and new users, just starting up with noosh.com.

Other enhancements include functionality for managing envelope procurement, necessary for all direct mail projects, and supply chain extensions that link Noosh partner capabilities with noosh.com.

"As a result of close interaction and co-development with our customers, the noosh.com service has now processed well over $1 million in transactions on a weekly basis," said Ofer Ben-Shachar, Chairman and CEO, Noosh, Inc. "With our increased usage, it has become more important than ever to continue to provide our customers with user-friendly functions to enhance better performance, usability and functionality."

"We listen carefully to our users and have incorporated more than 30 customer enhancement requests in this latest release," said Matt Spolin, chief technology officer, Noosh, Inc. "For example, we've added individual customization of the 'My Desk' main page so our users can now create a robust personalized page that contains a message center, job summary, task lists and a calendar. As a result, noosh.com becomes their personal virtual workspace."

About Noosh, Inc.
Noosh, Inc. (http://www.noosh.com) was founded in 1998 with the goal of creating the industry's leading business-to-business Internet-based communication and collaboration service for enterprise critical printing. Noosh.com, powered by Live Jobs^SM collaborative technology, is designed to help dramatically improve the process of buying, selling and managing print. Leveraging the power of the Internet, noosh.com helps strengthen buyer-printer relationships by providing a collaborative environment where corporate buyers, printers, creative agencies and others in the supply chain of vendors can work together efficiently to manage complex corporate printing from conception to delivery, in real time.

Noosh and Live Jobs are the trademark and service mark, respectively, of Noosh, Inc. Other trademarks appearing in this release are the property of their holders.