XMLSolutions Corp.

BOSTON (06/05/2000) - XMLSolutions Corp.

Location: 7929 Westpark Drive, Suite 100, McLean, Virginia 22102Telephone: (877) 965-9657 or (703) 506-1111Web: www.xmls.comNiche:

Bill payment and document exchange via XMLWhy it's worth watching:

Allows IT to retain its investmentin EDICompany officers:

- Kevin Kail, co-founder and CEO

- Edwin Miller, president

Company goal:

To become one of the top players in the business-to-business e-commerce spaceMilestones:

- June 1998: Company founded

- February 2000: XEDI launches

- April 2000: Schema Central launches, Meta-X debutsEmployees:

135, growing 80% yearly

Burn money:

$20 million from First Analysis Venture Capital, Opticality Ventures and Schoffstall VenturesProducts/Pricing:

XEDI Translator, $25,000; Schema Central, $25,000; Meta-X, starts at $10,000; Vocabulary Builder, $30,000Customers:

Envera, Advanced Marketing Services Inc. and Kaiser Permanente Health Plan Inc.

Partners:

IBM Corp. , General Electric Information Services, Bluestone Software Inc. and othersRed flags for IT:

-Expect to see competing offerings from major vendors- Translators aren't available for all enterprise applications beyond EDI

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