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GE Aircraft Engines Deploys NexPrise Document Management Solution

January 15, 2006 - Carlsbad, CA
NexPrise, Inc. (OTC BB: NXPS.OB) today announced that GE Aircraft Engines of Lynn, MA has partnered with NexPrise in order to fulfill the requirements of CITIS according to the military specification MIL-STD-974. The NexPrise system provides GE with a secure, easy to use, a real-time collaboration environment among each for all group and individual involved in the submittal process including of contract deliverables . Participants include: Contract Data Management, Program Management, Design Engineering, Procurement, Customers, and third party Suppliers.

Key NexPrise Benefits:

  • Automated review and approval — System-enforced approval processes ensure compliance with rules. E-mail notifications and intuitive approval menus ensure prompt review and approval of contract deliverables
  • Audit trail to validate compliance — One-click approval process details report reveals on document approval history and validates compliance with contract rules.
  • Secure, 24/7 global Web access to ensure thorough communication and compliance contract data — Web-based access ensures that all participates, regardless of location, may obtain the information they need. Robust privileges and security and access permissions ensure that individuals see only the information they're are entitled to see.

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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