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Press Release Summary:



Collaborative Workspace v4.2, part of E.MBRACE(TM) software suite, streamlines design, sale and services associated with production of custom-engineered products via Web-based collaboration with customers and partners. Improvements include user interface enhancements, expanded search capabilities, offline encapsulation capabilities, workflow, and support for more document formats.



Original Press Release:



NetVendor Announces General Availability of Collaborative Workspace 4.2 Product Receives Praise and Award From Aberdeen Group



ATLANTA, March 12 /PRNewswire/ -- NetVendor, a leading provider of collaborative software solutions for manufacturers, today announced the general availability of Collaborative Workspace 4.2, part of its flagship E.MBRACE(TM) software suite.

The Collaborative Workspace component of E.MBRACE streamlines the design, sale and services associated with the production of custom-engineered products via Web-based collaboration with customers and partners. The newly released Collaborative Workspace 4.2 product includes new features and functionality that extend NetVendor's collaborative software solution E.MBRACE. Highlights of the new release include user interface enhancements, expanded search capabilities, offline capabilities dubbed "encapsulation," workflow, as well as support for more document formats. The latest release of E.MBRACE Collaborative Workspace is in deployment at Boston Gear, Stephen Gould Corporation and Teradyne Inc.

Teradyne Connection Systems (TCS) -- a division of Teradyne Inc., is evaluating Collaborative Workspace 4.2 primarily for its offline review capabilities. This encapsulation feature will enable Teradyne to share documents with customers, suppliers or employees that are not connected to the company's network and essentially work collaboratively in an offline mode via the ability to add mark-ups or comments to a wide variety of document formats. Already a user of the Sales Center component of E.MBRACE, TCS has found in Collaborative Workspace a secure, collaborative environment that will simplify the exchange of information between customer product engineers, process engineers, supplier quality engineers and new product development engineers.

"The product enhances Teradyne's ability to collaborate with our customers during the design process. Our early involvement with design engineers enables us to provide them with solutions for their next generation technology requirements," said Michael Schmidt, Manager of Information Technology, Teradyne Connection Systems. "The common framework that NetVendor's Collaborative Workspace provides will make the experience more efficient and improve customer satisfaction," he continued.

Since its inception, the Collaborative Workspace component of E.MBRACE was developed to save manufacturers time and money in the custom product design process by enabling engineers, salespeople, customers and partners to share and collaborate on many types of product related documents, such as product specification sheets, technical drawings, quality assurance plans and bills of material. There are additional collaborative features for discussions and messages, online meetings as well as event tracking and notification. In particular, new to Collaborative Workspace 4.2 is a workflow component for document routing and approval as well as ad hoc task creation.

According to Aberdeen Group Research Director Kent Allen, who is segmenting sell-side solutions into different process-specific categories or "buckets," E.MBRACE Collaborative Workspace from NetVendor was recently named by Aberdeen Group as a product worthy of their "Best of the Buckets" award. "NetVendor has developed a cost-effective solution that enables customers, partners, engineers and salespeople in geographically disparate locations - armed only with a phone and a Web browser - to discuss and approve product requirements," said Allen. "The company's expertise in collaborative design is helping it carve out a strong niche in the market for sell-side software that enables the sale of complex products online," he added.

The new version of Collaborative Workspace combined with the E.MBRACE Sales Center enables manufacturers to have engineering drawings tied into catalogs, RFQs, orders, and other elements of a sell-side e-business solution -- giving them an advantage over document management or CAD/CAM products that exist on their own.

About NetVendor Inc.

NetVendor provides collaborative software and services that streamline the engineering and sales processes for custom products -- helping manufacturers speed time-to-market, reduce costs and improve customer service. By capturing and simplifying the exchange of information around products and processs, NetVendor's E.MBRACE collaborative software solution dramatically improves interactive product engineering and selling activities with customers and partners via the Internet.

Founded in 1996, NetVendor is headquartered in Atlanta, GA. For additional information, contact NetVendor at 800-953-5606 or 404-836-7836, or visit www.netvendor.com .

About Teradyne Connection Systems Division

Teradyne Connection Systems (TCS), a division of Boston-based Teradyne, Inc. (NYSE: TER), provides high performance system solutions to industry leading OEMs, with printed circuit boards, high-speed, high-density connectors, multi-gigabit backplane assemblies and complete systems integration and test. Teradyne's high-technology components and electronic manufacturing services are used by manufacturers of communications and computing systems central to building networking infrastructure. TCS has facilities in North America, Ireland, Mexico and China. For more information visit teradyne.com/tcs .

NetVendor and E.MBRACE are registered trademarks of NetVendor Inc. All other product names and companies referenced herein are registered trademarks of their respective owners.

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SOURCE NetVendor Inc.
03/12/2002
CONTACT: Stuart Smith, Manager of Press & Analyst Relations of NetVendor Inc., +1-404-836-7852, or ssmith@netvendor.com /
Web site: www.netvendor.com
http://teradyne.com/tcs

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