OBIDICUT WEB CONFERENCE DRAWS TOP EXECUTIVES TO SPOTLIGHT V3 SYSTEMS' SUPPLIER RELATIONSHIP MANAGEMENT SYSTEM

Portland, Oregon -- November 29, 2001 -- V3 Systems (Charlotte, North Carolina) conducted an innovative Web conference, orchestrated by Obidicut LLC, to introduce the company’s new intelligent Supplier Relationship Management System (iSRM). The international Web conference attracted senior logistics management executives to discuss achieving zero inventory strategies in the electronics industry in a live, interactive format.

Executives from leading firms such as Hewlett Packard, IBM and Cisco Systems attended the Web conference from within the US and international locations. V3 Chief Marketing Officer, Richard Sherman, and V3 Chief Product Architect, Philip Walton led the discussion and addressed questions from the audience.

"We are very excited about the broad interest and caliber of those who attended the conference," stated Sherman. "We exceeded our goals of attracting and interacting with companies that are on the leading edge of supplier relationship management strategies. It would have been impossible to assemble such a high-quality, international audience at one time without the use of Web conferencing, and the marketing support and program management from Obidicut."

Web conferencing requires only a Web browser and phone, unlike video conferencing with its complexity and high costs. Attendees with basic Internet connections view live presentations over the Internet and hear the speakers over the phone. The simplicity of the medium enables a ubiquitous high-quality, live conference between leaders and participants. The conference can also be recorded and archived for post-event viewing; V3 Systems is offering an archived version of the conference accessed through its Web site (www.V3systems.com).

"Content is king," stated David Smith, co-founder of Obidicut. "V3 was able to attract a quality audience because its presentation offered real value to the attendees. As a result, V3 was able to showcase its new iSRM System, solidify its leadership credentials and develop well qualified sales leads." The majority of attendees requested the conference materials and considered the Web conference a valuable use of their time, according to a post-event audience survey.

About V3 Systems, Inc.
V3 Systems is the recognized leader in providing innovative enterprise applications for managing and coordinating logistics execution activities and visibility across global distribution networks. Technology from V3 turns demand into revenue by optimizing logistics, fulfillment, manufacturing, and distribution processes. Responding to an industry demand for Web-delivered enterprise applications, V3 Systems offers both traditional server-based SCE solutions and flexibly priced, hosted solutions with the capability to deploy secure inventory and demand management functionality across multiple location and business partner networks. V3 provides global service and support for its solutions from locations in North Carolina, Texas, California and Florida, and internationally in Singapore and Australia. For more information about V3 supply chain execution solutions visit www.V3systems.com.

About Obidicut
Obidicut empowers companies with Web conferencing services that reduce costs, enhance revenues and improve customer satisfaction. Obidicut services comprise proven process, knowledge and resources needed to improve corporate communications, marketing, sales and customer-relations activities. Obidicut's experience bridges decades of proven B2B marketing program management with leading-edge, practical Web conferencing capabilities. Headquartered in Portland, Oregon; the company can be reached via its Web site. www.obidicut.com, or by phone at 503/452-7621.

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Obidicut is a trademark of Obidicut, LLC.

For Immediate Release

For further information, contact:
Will Anderson
Obidicut
503-452-7621
will@obidicut.com

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