Santa Clara, CA and HEIDELBERG, GERMANY - September 17, 2003 --
The Prinect Systemhaus, a division of Heidelberger Druckmaschinen AG (Heidelberg), the world's leading solutions provider for the print media industry, and Noosh, the leading provider of collaborative e-Business software solutions for print, today announced a partnership to leverage the respective capabilities of both companies in order to strengthen the print management supply chain for both buying organizations and print suppliers.

The partnership creates a strategic alliance between Noosh and Prinect Systemhaus, which provides software solutions and system integration. Prinect Systemhaus operates in Germany and Switzerland and will in the future expand services throughout Europe and internationally.

"We carefully evaluated many developers of print solutions that could extend across the print supply chain to buyers and suppliers alike," said Wolfgang Weber, Heidelberg Vice President and Managing Director of Prinect Systemhaus. Noosh was chosen because of its clearly superior technology, its commitment to delivering proven results to its customers, and its strong market and financial position."

What the partnership covers
Heidelberg has selected Noosh technology to be a key component of its print supply chain solutions deployed by its Prinect Systemhaus. These will include marketing, production and procurement applications for print buyers and collaborative project management for print suppliers. Specifically Prinect Systemhaus will provide:

• Product development for related print lifecycle applications
• Sales and marketing of the Noosh print management solution in German speaking markets
• Customization of Noosh for Heidelberg customers
• System integration with other enterprise and print supplier applications
• Local hosting and localization of the Noosh application suite
• Training, deployment, and support services

Heidelberg now deploying Noosh at customer site
The formal announcement of the partnership between Heidelberg and Noosh comes one year after the two companies began working together. Now, Heidelberg has announced its first major deployment of the Noosh service at BookworXs, a subsidiary of the Georg von Holtzbrinck Publishing Group based in Stuttgart. At BookworXs, Noosh is used as the primary application platform to provide standardized workflows, book specification management and procurement practices for Von Holtzbrinck's family of publishers including Droemer-Knaur, Rowohlt, Kiepenheuer & Witsch, and others.

"Heidelberg has a clear vision of how print will be managed in the future and has a rich tradition of delivering value, quality and innovation to the printing industry," said Mike Gardner, Noosh CEO. "In developing its process solutions strategy around its modular JDF-enabled software family Prinect and its specialized integration services provider Prinect Systemhaus, it extends its production equipment leadership into the vital areas of how to improve management practices throughout the industry. We are proud to be partnering with Heidelberg and excited about the many ways we will be working together with our mutual customers."

About Heidelberg
Heidelberg is the world's leading solutions provider of the print media industry with nearly 24,000 employees in 170 countries. Headquartered in Heidelberg, Germany, the company manufactures sheetfed, digital and web press systems as well as prepress and postpress components, software and consumables for all printing applications. Heidelberg has by far the largest manufacturing and support network in the industry with 20 manufacturing sites and 250 support centers worldwide providing 240,000 customers with service and knowledge. The company generates 85% of its sales through its own sales companies and 87% of its sales abroad. For the fiscal year 2002/2003 sales by the Heidelberg Group were around Euro 4.1 billion. For more information, please visit Heidelberg's website at www.heidelberg.com.

About Prinect Systemhaus
Prinect Systemhaus is a business unit of Heidelberg (Heidelberger Druckmaschinen Vertrieb Deutschland GmbH) and is one of the leading consultancy and software systems houses for the print media industry. The Prinect Systemhaus team of IT consulting and services experts develops solutions to optimize data flow for both customers and print service providers alike. For more information, please visit Prinect Systemhaus's website at www.prinect-systemhaus.com.

About Noosh
Noosh, Inc. offers superior, collaborative-procurement technology that rapidly cuts the real cost of doing business. Founded in 1998, the company is recognized as a market leader in collaborative process management and procurement of print, direct mail, and interactive media. Noosh customers include GE Capital, Honeywell Consumer Products Group, Star Tribune Company and other leading enterprises. For more information, please visit Noosh's website at www.noosh.com.

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