InterWorld and Actuate in Reseller Pact

InterWorld Corporation, a leading provider of mission-ready e-commerce software solutions, and Actuate Corporation, a leader in e.Reporting for e.Business, announced a strategic reseller alliance to provide enhanced ebusiness applications to retailers, manufacturers and distributors with sellside e-commerce Websites. The InterWorld-Actuate solution enables businesses to increase sales and enhance customer loyalty based on up-to-the-minute data.

As stated in the agreement, InterWorld will integrate Actuate's e.Reporting solution with its comprehensive suite of out-of-the box e-commerce applications. Companies using the combined solution will be able to deliver personalized, interactive content regarding marketing campaigns to their customers and partners at a B2B sell-side e-commerce Website.

Today, businesses are regularly overwhelmed with the massive amounts of data being generated through their various sales channels. Even more troubling is the inability for most organizations to sift through this valuable data and use it to their advantage. Utilizing the combined InterWorld-Actuate solution, e-businesses will now be able to better manage and understand Web site traffic, navigation, and purchasing behaviors in order to optimize site performance and enhance their personalized marketing campaigns across the ecommerce supply chain.

"This alliance with Actuate helps strengthen what's often the weakest link in many e-businesses today -- the use of sophisticated and dynamic online e.Reporting, which increasingly is a common solution for B2B Websites," said Kevin Kohn, senior vice president of alliances, InterWorld. "Our alliance with Actuate lets e-businesses make smarter marketing and operational decisions."

"The Actuate e.Reporting solution can be quickly and easily plugged into the product of strategic resellers such as InterWorld, enabling these companies to more efficiently deploy e-business applications for their customers," said Pete Cittadini, president and COO, Actuate. "Actuate is focused on becoming a part of every B2B application, and will take steps to achieve this goal by building relationships with leading e-business companies such as InterWorld."

About InterWorld Corporation

InterWorld Corporation is a leading provider of mission-ready e-commerce software solutions that enable manufacturers, distributors and retailers to compete and evolve in today's global digital economy. InterWorld's comprehensive, out-of-the-box suite of enterprise-class applications allows businesses to get to market quickly, scale to meet peak transaction volumes and evolve to keep pace with changing market conditions and customer demands. The company's modular and flexible architecture was designed to be open and standards-based. Today, it supports Java, EJB, XML, COM and LDAP. Founded in 1995, InterWorld is headquartered in New York, NY with offices throughout North America, Europe, and Asia-Pacific. InterWorld can be reached at 1-877- 326-6637 or www.interworld.com.

About Actuate Corporation

Actuate Corporation has established e.Reporting as the practice of publishing high-value business information on a Website for use by customers, partners and employees. e.Reporting enables a company to enhance its e.Business site - beyond brochureware and transaction capabilities - with posttransaction content such as client stock portfolio reports, client statements and performance metrics, for the purpose of creating a more loyal customer base. A critical component of the Internet infrastructure, Actuate powers e.Business sites for Global 2000 companies and Internet start-ups including Bank of America, Charles Schwab, American Express, MCI/Worldcom, US West, HotJobs.com and Healtheon. Internet vendors reselling Actuate include Ariba, Aspect Development, BMC, Clarify, PeopleSoft and Siebel. Founded in 1993, Actuate has headquarters in South San Francisco, Calif., and has offices worldwide. For more information on Actuate, visit the company's Website at www.actuate.com.

Contact InterWorld Corporation, Chris Faust 212-301-2375 chrisf@interworld.com or Actuate Corporation, Kevin Wolf 650-837-2332 kwolf@actuate.com.