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Brooks Automation Selects NexPrise for Supplier Quote Management

August 2, 2004 - Carlsbad, CA
NexPrise, Inc. (OTC BB: NXPS.OB) today announced that Brooks Automation has chosen NexPrise to centralize the Request for Quote (RFQ) system for its suppliers. The leading semiconductor automation company will implement NexPrise Cost Estimation and Quote Manager as part of its supplier management strategy to improve communication both within the company and with suppliers, and to build a centralized system for its multiple RFQ requirements.

Brooks Automation selected NexPrise Cost Estimation and Quote Manager applications and, following a short pilot, is now working to implement a unified RFQ solution. "Several other vendors tried to tell us how to change our RFQ process to fit their solutions, but NexPrise was the only one with a flexible, open system that adapted to how we work, while at the same time simplifying the process," said Chuck Allen, Director of Strategic Sourcing, Brooks Automation.

Brooks Automation identified several key features of the NexPrise system that will best address its needs when the implementation is complete later this year:

  • Single, Customized Process for RFQs: The NexPrise system supports the business process the company already has in place by offering a solution that mimics, while at the same time simplifies, the methodology of the previous system.
  • Online, Real-Time Interaction: Suppliers will be able to view and respond to RFQs in real-time via a web-based interface. This information will be maintained a single, centralized database.
  • Visibility into Supplier Relationship: The database will enable the company to track and audit this process for the first time, giving Brooks Automation visibility into its relationships with suppliers, such as by tracking suppliers' response times.
  • Improved Communication: With increased visibility, Brooks Automation is now able to communicate more effectively with its supplier base. At the same time, users in various locations within Brooks Automation also have a view into the process - leading to improved communication between internal organizations and geographies.

About Brooks Automation
Based in Massachusetts, Brooks Automation is a leading provider of automation solutions and services to semiconductor Original Equipment Manufacturers (OEM's), semiconductor chip manufacturers and other companies in complex manufacturing industries. Brooks had various supplier quote management processes and saw a need to improve visibility and communications when dealing with its suppliers.

About NexPrise
NexPrise, Inc. is a leading provider of solutions for document management, program management, and process automation. It's customers include Lockheed Martin, Sikorsky, Textron, and GE Aerospace. NexPrise, Inc. is headquartered in Carlsbad, California. For more information, please visit www.NexPrise.com.

Safe Harbor Statement
This press release contains "forward-looking" statements about the products and services of NexPrise, as that term is used in Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are denoted by such words as "which enables", "can enable", "allow" and similar terms and phrases. These types of statements address matters that are subject to risks and uncertainties, which could cause actual results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, successful completion of the development process, risks and delays associated with the development process, unanticipated technological difficulties and resource constraints which may hinder development, customers' utilization of the NexPrise product, the extent of customers' existing inefficiencies and general applicability of the NexPrise product to the customer's needs. In addition, our forward-looking statements should be considered in the context of other risk factors discussed in our filings with the Securities and Exchange Commission, including but not limited to our annual report on Form 10-K and 10-Q filings, available online at http://www.sec.gov. All forward-looking statements are based on information available to the company on the date hereof, and the company assumes no obligation to update such statements.

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