Sikorsky Extends NexPrise WebSpace Platform to CH53-K Partners

January 15, 2008 - Carlsbad, CA
NexPrise, Inc. (OTC BB: NXPS.OB) announced today that long-time NexPrise customer Sikorsky Aircraft Corporation has extended their deployment of the NexPrise WebSpace Platform to key development partners on the CH-53K Marine Corps helicopter program.

Design is being conducted in a secure NexPrise collaborative environment setup between supplier sites and Sikorsky’s Heavy Lift Development Center. Major subcontractors include: Aurora Flight Sciences (main rotor pylon); EDO Corp. (tail rotor pylon & side sponsons); GKN Aerospace (aft transition); and Spirit AeroSystems (cockpit and cabin).

Key NexPrise Benefits:

Secure multi-company collaborative environment launched quickly as a NexPrise hosted service with no capital outlay or I.T. investment.
Rapid on-boarding of new partners
Easy administration of access permissions across collaborating partners
Minimal training requirements for new users
Robust revision control with no file size or file type limitations
Automatic email notifications
Stateless URL’s allow linkage to NexPrise managed documents from within spreadsheet-based work instructions and other program correspondence. Links remain valid by always pointing to “latest revision” of each managed document.

About NexPrise
NexPrise, Inc. is a leading provider of solutions for document management, program management, and process automation. Its customers include Sikorsky, Textron, and Pratt & Whitney, and Subaru. 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.

Sikorsky Extends NexPrise WebSpace Platform to CH53-K Partners

Customer Testimonials

"The NexPrise solution is a perfect fit for our needs. We are able to manage Documents of any type and perform different approval processes based on the Document type while preserving the revision and approval histories."

"Zoran uses the NexPrise solution to help ensure ISO compliance and to lower the cost of compliance. NexPrise's ease of use, powerful functionality, and strong customer support allowed us to quickly roll out the solution to users around the world."

"Applying NexPrise to the Nonconformance and Corrective Action process has allowed us to significantly optimize the performance of our division."

"The NexPrise solution improves the confidence our customers have in NWE Technology. Our quotes are accurate, consistent, and timely. Furthermore, we respond more effectively and efficiently to customer requests."

"We don't need to purchase individual software solutions to manage or improve the current paper processes in engineering, quality, purchasing, etc. NexPrise provides us with one solution - shared by all."

"Subaru of Indiana Automotive, Inc. had been using Databases to keep track of Supplier Performance, however we desired a system that would be more real time. After investigating we chose NexPrise due to their versatility and the Web Based features. "

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