Autoweb Acquires European-Based Secorex


ROCHESTER HILLS, Michigan, September 4 /PRNewswire/ --

Autoweb, a leading provider of software-based data management and
interoperability solutions for the automotive, aerospace and manufacturing
industries, has acquired Secorex, a consortium of four leading European
software providers for the electronic exchange of technical and commercial
business data.

Announced in January 2007, Secorex is comprised of four German companies:
OCS GmbH, ProCAEss GmbH, PROFILE Software Engineering GmbH and Schmitt GmbH.
The consortium consolidates the European data exchange market by providing
electronic data interchange (EDI), data management and process control
solutions.

Through the acquisition of Secorex, Autoweb significantly increases its
presence in Europe and it becomes the only organization that can provide a
single global data management and interoperability solution that connects all
global industry communication protocols and standards including: Autoweb,
OFTP, ENGDAT, ENX, AS2, X.400.

Based in Rochester Hills, Mich., Autoweb has a network of 20,000 users
and 2,650 client companies around the world, including BAE Systems, Chrysler,
Ford, General Motors and Nissan. The company also has offices in the UK.
Secorex currently has more than 80 sales partners and 2,600 client companies,
including Behr, BMW, Hella, Honda R&D Europe and Johnson Controls. As a
result of this acquisition, Autoweb's business has nearly doubled in size.

"The acquisition positions Autoweb to become the global leader in
software-based data management and system interoperability solutions using a
multi-protocol approach," said Nino A. DiCosmo, president and CEO of Autoweb.
"This strategic initiative not only increases our market presence in Europe,
but also opens up significant opportunities for growth and expansion in Asia
in both data management and measurement technology solutions."

"I am thrilled to partner with the existing European leadership team and
employee base to build the global business," DiCosmo noted. He stressed that
the existing teams will continue to be the driving force in moving the
combined entity forward.

"Companies are continuously looking for simple, low-cost solutions to
facilitate communications between multiple proprietary and complex
product-life-cycle management (PLM) platforms currently used by OEMs," said
Muhammad Khan, Autoweb vice president, Software and Delivery. "By leveraging
the core competencies of Secorex, Autoweb is uniquely positioned to deliver
data-management and interoperability solutions that include all of the
industry communication protocols in use throughout the world."

"Combining these companies will not only increase our product base, but
it will enable us to offer our customers and partners more added value in
addressing their data management and interoperability needs," said Udo
Schork, managing director, OCS GmbH. "In addition to technical data
management, Secorex is strong in the field of commercial data management,
providing our clients the ability to use one partner for their technical and
commercial data management needs."

"We are excited by the growth potential that will result from the union
of these companies," said Stephen Koons, Autoweb vice president, Corporate
Development. "The Secorex acquisition will drive Autoweb's growth
initiatives, not only in the critical German market, but also in the rest of
Europe and globally."

About Autoweb

Autoweb is a global software service provider of data management and
system interoperability solutions that drive productivity and cost reductions
within the manufacturing process. The company is responsible for managing
clients' most sensitive data. Companies such as BAE Systems, Chrysler, Ford,
General Motors, and Nissan currently deploy Autoweb solutions. The Autoweb
Network connects manufacturers and their supply chains, including more than
20,000 users and 2,650 client companies in 40 countries. For additional
information regarding Autoweb, visit www.autoweb.net.

About Secorex

Secorex is a European leader in the electronic interchange of technical
and commercial business data. Announced in January 2007, Secorex includes
four leading German providers of data management solutions: OCS GmbH
(Wald-Michelbach); ProCAEss GmbH (Landau); PROFILE Software Engineering GmbH
(Munchen); and Schmitt GmbH (Leonberg). With more than 2,600 customers
including Behr, BMW, Hella, Honda R&D Europe and Johnson Controls, Secorex
has more than 80 sales partners covering Eastern and Western Europe. For
additional information regarding Secorex, visit www.secorex.com.

Web Site: http://www.autoweb.net
              http://www.secorex.com



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