Commerce One Powered E-Marketplace, SupplyNet, Provides E-Commerce Foundation for New Zealand Businesses.

Business Editors

SINGAPORE--(BUSINESS WIRE)--July 9, 2001

Commerce One, Inc. (Nasdaq:CMRC), the e-marketplace company, today announced that SupplyNet Ltd, a New Zealand e-marketplace, is using Commerce One solutions to power the first transacting, large-scale electronic marketplace in New Zealand.

Since licensing Commerce One MarketSite, the e-marketplace operating environment, in December 2000, SupplyNet has contracted with multiple buyers and signed on more than 30 suppliers who are now able to buy and sell goods using SupplyNet's e-marketplace. The company also has three industry-specific e-marketplaces in development. SupplyNet offers businesses of every size, including small-to-medium sized companies, easy access to the e-marketplace. The e-marketplace also provides dynamic trading services including forward and reverse auctions and the ability to electronically request proposals and quotes.

"The majority of businesses in New Zealand lack the IT capability to harness the potential that the e-marketplace environment can deliver. At the same time, many companies are looking at electronic procurement models to see how they can improve procurement practices," said Chris Canning, board chairman, SupplyNet. "We needed a technology provider that could back up their vision with leading strategic services, robust and scalable solutions (from simple B2B transactions to full-blown enterprise procurement) and innovative applications. We are delighted to be working with Commerce One to help businesses of any size in New Zealand benefit from an on-line trading community."

With the inclusion of SupplyNet, Commerce One powers leading e-marketplaces in every major country in the Asia Pacific region, including Australia, China, Hong Kong, India, Japan, Korea, New Zealand, Philippines, Singapore, Taiwan, and Thailand.

SupplyNet was formed by Professional Services Brokers Ltd, (an investment company which also owns 100 percent of GSB Supplycorp Ltd, formerly the state-owned government procurement agency - Government Stores Board), Cullen Investments and the SEA Group. SupplyNet offers a range of e-commerce services including e-procurement applications, applications hosting and electronic product catalogue management for suppliers. The e-marketplace connects both public sector and private sector buying communities - domestically via the SupplyNet Exchange and globally via the Commerce One Global Trading Web. In addition, SupplyNet has begun to provide buying communities and industries with the infrastructure and technology needed to create their own unique and branded portals, leveraging the suppliers, catalogues and business services on the SupplyNet e-marketplace.

"We are very excited about the potential of the Commerce One Global Trading Web for our customers. This leading trading community will give New Zealand businesses unparalleled opportunities to access both Asian and global, on-line B2B trading communities. At the same time, companies around the world will be able to establish links to build business relationships with yet another resource-rich country in Asia Pacific," said Canning.

Neil Hudspith, senior vice president and general manager, Commerce One, Asia Pacific, said, "We believe that SupplyNet will act as a catalyst for wider B2B e-marketplace adoption across many different industries in New Zealand. We look forward to continuing our efforts with this important new e-marketplace."

About Commerce One

Commerce One(R) (Nasdaq:CMRC) is the e-marketplace company. Through its software, services and Global Trading Web(TM) of interconnected business communities, Commerce One enables worldwide commerce on the Internet. With headquarters in Pleasanton, California and offices around the world, Commerce One can be reached by phone in Asia at 65-212 9398 or via the Internet at www.commerceone.com.

Copyright (c)2001. Commerce One, Many Markets. One Source. Global Trading Web, Commerce One.net, BuySite, MarketSite, eLink, MarketWise, Net Market Maker, XML Common Business Library, XML Development Kit, XML Commerce Connector, MarketSite Builder, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc.

Forward Looking Statements

Certain statements made in this press release by Commerce One are not historical facts but are "forward looking statements" and may involve risks and uncertainties which could cause actual future results to differ materially and adversely from those anticipated by such statements. Included among the factors that could affect Commerce One's performance are product demand and market acceptance; general economic conditions; fluctuations in operating results; its and its alliance partners' ability to meet users' expectations, its and its alliance partner's ability to integrate various products and services into the portfolio of services provided by SupplyNet, acceptance in the market place, functioning of all alliance partners within the Global Trading Web. For a discussion of these and other risk factors that could affect Commerce One's business, see "Risk Factors" in Commerce One's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2000.