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Global eXchange Services Completes Acquisition of HAHT Commerce

02/13/04 - GAITHERSBURG, Md - Global eXchange Services, Inc., a leading provider of B2B integration solutions, today announced that it has completed its acquisition of HAHT Commerce, an award-winning provider of demand chain management applications.   The acquisition brings together two providers of complementary B2B e-commerce solutions that help retailers, manufacturers and suppliers of all sizes to increase revenues, reduce costs, expand collaboration and expedite time-to-market for new products.  Global eXchange Services announced a definitive agreement to acquire HAHT Commerce on January 20, 2004 (www.gxs.com/gxs/press/release/press20040114).

“The combination of our two companies will provide a powerful platform for customers to support strategic real-time business-to-business collaboration needs.” said Global eXchange Services President and CEO Gary Greenfield.  “Our respective customers and prospects are excited by the benefits this combination will bring to them.”

The HAHT Commerce Suite is available worldwide within the Global eXchange Service solution portfolio as follows:

GXS Product Information Management  - powered by HAHT aggregates, manages and syndicates item-related content.  GXS PIM can aggregate data from multiple internal sources including leading ERP systems, create a scalable data repository (catalog) for centralized management, and optimize data flow to multiple destinations including UCCnet™, EAN.UCC, industry exchanges and trading partners.
GXS Quick Connect  - powered by HAHT provides an easy-to-implement data synchronization solution to syndicate item information with the UCCnet™, global registry service and supports EAN.UCC transaction specifications.
GXS Order Management  - powered by HAHT is a comprehensive order management solution that enables customers to price, place, change and track orders and deliveries any time on-demand.
About Global eXchange Services
Global eXchange Services, Inc. operates one of the largest B2B e-commerce networks in the world, managing 1 billion transactions annually for more than 100,000 trading partners.  With over 35 years experience, Global eXchange Services provides supply chain services and software to 60 percent of the FORTUNE 500.  Global eXchange Services is headquartered in Gaithersburg, MD and is a direct subsidiary and indirect subsidiary of GXS Corporation and GXS Holdings, Inc. respectively.  Call (800) 560-4347 or visit our Web site at  www.gxs.com.

All products and services mentioned are trademarks of their respective companies.

Caution Concerning Forward-Looking Statements

This document includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances.  Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors.  These factors include technological developments, customer demand, trading partner participation and network availability.

 
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Contact:
Steve Mank  Chris Carleton
Global eXchange Services, Inc.  CHEN PR
(301) 340-5985  (781) 466-8282, ext.15
smank@gxs.com  ccarleton@chenpr.com

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