SEPESI, INC. ANNOUNCES RELEASE 1.3 OF SHIPS™ 
EXPORT MANAGEMENT SOFTWARE

Rhinebeck, NY, February 1, 2000— Sepesi, Inc announced the release of the most recent version of its SHIPS software package, version 1.3.  Since its inception in 1998, SHIPS has been allowing exporters to control the exporting process in-house using a software that integrates seamlessly with MFG/PRO.

With release 1.3, SHIPS gives exporters more features than in the original version.  In the updated version SHIPS allows for more options for tuning the denied party search to enable more control over the portions of the address to search, relative weightings, and the ability to skip user-defined lists of words.  Version 1.3 also introduced the concept of address correlation percentage to determine suspicious addresses.  This results in more accurate results with fewer suspicious addresses to review.

Other new features include:

The SHIPS™ Export Management System is designed to make the export process simpler, enabling companies to manage their exporting needs in-house.  With Version 1.3, exporters have more flexibility, accuracy, and forms than in the earlier version allowing for a better software package.

Contact Information:
Sepesi Inc.
P.O. Box 481
Rhinebeck, NY 12572 USA;
Telephone 845-876-5101
Fax 845-876-7826
e-mail: info@sepesi.com.
http://www.sepesi.com.

PROGRESS is a registered trademark of Progress Software Corporation
MFG/PRO is a registered trademark of QAD Inc.
Quantum and Vertex are trademarks of Vertex, Inc.
UNIX is a registered trademark of UNIX Systems Laboratories
SHIPS is a trademark of Sepesi, Inc.