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Cambridge Technology Partners' first European NEWCO client set to
revolutionize the European Logistics Market

Cambridge Technology Partners, Inc. (NASDAQ: CATP), February 21, 2001:
Cambridge Technology Partners' first European NEWCO client,,
announced its launch today. is a logistics e-marketplace for
demand and supply of freight and freight space, with comprehensive
surrounding services such as financial settlement and guaranteed payment.

Cambridge's NEWCO initiative assists in the launch and development of new,
cutting edge companies. Cambridge delivered incubation services, financial
capital in return for an investment stake in the company and e-business

An independent intermediary, delivers benefits to both supply
demand sides:

--supply side companies: Speed for finding loads, guaranteed payments,
yield management, single transaction rather than multiple

--demand side companies: Speed for finding space, value for money,
point for transaction partner

Douwe Mik, managing director and co-founder of comments:
"Shippers seek fast, quality service so we offer logistics support and a
vast range of carriers so that orders entered by shippers find fulfillment
from quality graded carriers very quickly. Carriers find financial
at, as they receive payment guarantees backed by's
strategic partner ING Bank, upon receipt of a proof of delivery. This
service is completely new to the industry."

"First reactions from our customers on the quality of the innovative software are very promising," says Mik. "Shippers and carriers
Europe are looking for ways to decrease costs associated with planning
activities for procurement and sales of freight and freight space. By
offering both carriers and shippers benefits to participate on a neutral
trading platform we are successful in finding enough uptake amongst
customers to serve both sides adequately."

Chris Goes, Marketing Director of Wim Bosman, a top European carrier says:
"An Internet logistics solution needs to reduce the high costs of
administration, search and sales as well as improve planning and
order-entry. There needs to be a degree of trust put in place, allowing
users to make choices between price and quality. Furthermore, it needs to
add value through credit management and payment guarantees. That such a
solution is pan-European, multilingual, multicultural and understands
logistics is fundamental."

"After extensive research we believe has the potential to
one of the only providers in Europe to offer a real solution in this area
meeting all the requirements mentioned."

As of today the site is accessible in four languages; is
represented in The Netherlands, Belgium, Germany and France. Currently employs over 40 people with a strong focus on logistics,
and business development. The Marketplace has its own multilingual
Service Center. By using

and shippers greatly reduce search, order and transaction costs.

Paul Piebinga, managing director at Cambridge Technology Partners in The
Netherlands, says: " is targeting a market that is in desperate
need of the efficiency that a genuine e-market delivers. Logistics as a
whole is a very fragmented market - even the biggest players only have a
small percentage market share. Consequently there are 438,000
companies in Europe, creating a lot of cost when a company is trying to
select a supplier. Furthermore, there is a high degree of inefficiency as
most trucks run empty approximately 50% of the time; the return journey
after delivering."

"Bulletin boards for road freight exchange have been around for many
Now, however, carriers and shippers are ready to migrate to a more
service. We are proud to be the first truly independent logistics
E-marketplace in Europe, that has been set up according to the wishes
determined by customers," Douwe Mik concludes.

Further plans

At launch is focusing on road transport and container trucking,
but plans to expand its package of services in the near future to include
insurance, legal affairs, customs clearing, storage, dynamic route
tracking and tracing, electronic CMR and electronic POD. Alongside road
transport, the aim in the longer term is to expand the product package to
encompass other transport modes such as ocean and air cargo services.

Leading partners is the first European based start-up to be part of Cambridge
Technology Partners' NEWCO service, an initiative to assist in the launch
and development of cutting edge New Economy companies. Cambridge, a global
e-solutions provider, supplied incubation services such as IT support,
office space and financial capital in return for an investment stake in
company. also operates in close partnership with: Arthur Andersen and
Allen & Hamilton, who also own shares in the logistics services company.
In addition to partnerships with the above companies also has a
unique partnership arrangement with ING Bank, Mainport Rotterdam,
organization EVO and the Belgian carriers' organization UPTR.

About is a low threshold e-marketplace where carriers and shippers
throughout Europe can find the right partners for their goods and
The result: optimum utilization of transport capacity and transportation
goods at an attractive price. As well as mediating between carriers and
shippers provides added value by offering full financial
settlement and guaranteed payment together with a wide range of logistics
The multilingual Customer Service Center supports customers in logistics,
software and general issues. offers customers toll free help
lines (0800 numbers). is exclusively supported by The Dutch
Shippers association, EVO and the Belgium Carriers organization UPTR. ING
Bank is the financial service provider for all the online transactions
are conducted through The advantage for's customers
is that they will have just one financial partner for all their payments,
plus a payment guarantee. These unique alliances mean that the services
provided by go beyond simply matching supply and demand for
freight and freight space in the logistics sector.

About Cambridge Technology Partners

Cambridge Technology Partners provides strategic and management consulting
as well as systems integration services to transform its clients into
e-Businesses. Working in collaboration with Global 1000 and high-velocity
middle market companies, Cambridge combines a deep understanding of New
Economy issues with integrated, end-to-end services, and a proven track
record of shared risk and rapid, guaranteed delivery. Cambridge generated
$586.6 million in revenue in 2000, with $347.4 million from its global
e-Business solutions. Cambridge has approximately 3,800 employees in 19
countries around the world. Cambridge is a Safeguard Scientifics (NYSE:
partner company. Cambridge on the Web:


Steve Loynes, Cambridge Technology Partners, +44 (0)20 8334 2853,

Bruce McLachlan, Text 100, +44 (0) 20 8996 4190,

Stephanie Ganzeboom-Weterings,, +31 348 49 75 75,

Bruce McLachlan

Text 100 Ltd

Global High Technology Public Relations

Power Road Studios, 114a Power Road,

Chiswick, London W4 5PY, UK

Tel: +44 (0) 20 8996 4190

Fax: +44 (0) 20 8996 1290

Mob: +44 (0) 7974 161 209



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