Tibersoft Corporation Inc., the world’s leading provider of customized B2B trading network solutions for the foodservice industry, announced today that Springfield Foodservice Corporation (SFC), New England’s largest and most progressive independent broadline foodservice distributor, has selected Tibersoft to provide a B2B e-commerce supply chain solution. SFC will purchase the complete TiberNet family, the first suite of B2B e-commerce infrastructure solutions for the foodservice industry, including ordering, tracking and reporting solutions containing sophisticated business intelligence tools.

NOTE TO EDITORS: In an earlier press release dated August 1, 2000, Tibersoft announced that UniPro Foodservice Inc., the leading foodservice distributor cooperative, selected Tibersoft as their preferred e-commerce supply chain vendor. Springfield Foodservice Corporation is one of the first UniPro distributors to implement Tibersoft’s solution.

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“In order to capitalize on the Internet to improve supply chain management and enhance customer relationships, we needed a turnkey B2B solution that was proven, robust and promised the greatest functionality and purchasing programs,” said Joseph Cambi, SFC’s president and CEO. “We needed more than just a transaction engine for order entry. We needed a solution that could connect front-end customer transactions to back-end financial and inventory integration, a solution that could provide the interaction with our manufacturers and customer operators to build long-lasting relationships and the tools to track our business and produce customized, comprehensive reports.” He added, “After looking at a broad array of alternative providers, we selected Tibersoft because of its data warehousing, complete trading network infrastructure, their proven track record in the foodservice industry and the recommendation of our UniPro foodservice distributor cooperative board of directors and MIS experts.”

“We are looking forward to partnering with SFC and delivering a supply chain trading network solution capable of providing them with a clear competitive advantage,” said Chris Martin, president and co-founder of Tibersoft. “Springfield Foodservice Corporation has the market share with independent operators and the strategic foresight to appreciate the value of B2B e-commerce not only in streamlining their supply chain operations, but in building stronger relationships with their operators.”

With TiberNet, SFC receives the first complete suite of e-commerce infrastructure products and services for the foodservice industry. TiberNet provides the transaction engine, which utilizes browser technology; a “rules repository” to customize and brand the system’s operation and customer interface; and a set of connectivity agents, which enables distributors and operators to integrate the TiberNet products with their core enterprise applications. Fully integrated, TiberNet delivers core B2B technologies including order/purchase management and a reporting data warehouse – the TiberNet I/O analytic suite for both buy and sell side.

About Springfield Foodservice Corporation

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SFC – Springfield Foodservice Corporation is New England’s largest and one of the nation’s top broadline, independent foodservice distributors in an industry with more than 4,000 companies nationally. SFC has grown exponentially over the last 10 years primarily due to its adherence to three fundamental strategic focuses: marketing top nationally and regionally branded products that customers demand; developing and implementing cutting-edge systems and technologies that drive efficiency; and providing “high-touch, bear hug” customer service that makes doing business with SFC easy. SFC operates out of its regionally centralized Springfield, MA, 4-million-cubic-foot complex servicing all of New England, eastern New York, eastern Pennsylvania and northern New Jersey.

About Tibersoft Corporation

Tibersoft Corporation Inc. is the leading provider of customized B2B trading network solutions for the foodservice industry. Tibersoft provides the vision, software, network and supply chain experience for foodservice operators, distributors and manufacturers to compete in today’s competitive business environment. Tibersoft’s TiberNet suite is the first complete trading network offering the foodservice supply chain everything it needs to increase efficiency, reduce costs, enhance service, improve margins, extend brands online and sustain long-term customer relationships. Tibersoft is a privately held company headquartered in Westborough, MA, with venture capital backing from Internet Capital Group, and others. Tibersoft is on the Web at www.tibersoft.com.

Tibersoft and TiberNet are trademarks of Tibersoft Corporation. All other trademarks, service marks and company names are the property of their respective owners.

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