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Requisite's eMerge(tm) content management system enables Consignia to create
and modify supplier product and service information for all its UK operations


London, UK, 24 July 2001 - Requisite Technology(r) Ltd today announced that it
is providing its catalogue content management solution to Consignia plc, the new
name for The Post Office, for its enterprise-wide e-procurement initiative.
eMerge(tm), Requisite's catalogue content management solution, is currently
under trial at over 40 sites across the UK.

Consignia's e-procurement system, based on the SAP platform, delivers improved
control over expenditure on indirect goods and reduced purchasing administration
and processing costs to its UK operations. Requisite's eMerge catalogue content
management system enables Consignia to create and modify supplier product and
service information using an intuitive user-interface accessed via a standard
web-browser, ensuring end-users always have the most up to date purchasing information.

To date, fifteen preferred suppliers have joined the Consignia e-procurement initiative,
in total offering over 12,000 catalogue items. These organisations benefit from more
efficient ordering processes and are assured that Consignia purchases are made from
their product ranges, not from competitors'.

All catalogue content created for the Consignia e-procurement system is consistently
classified under the Requisite Unifying Structure (RUS(tm)), a global content
organisation standard, which enables the deployment of web-based, multi-supplier
catalogues while allowing individual suppliers to differentiate products through its
support of rich content formats in any major platform, including SAP's application.

"We believe that applying consistent content organisation standards to our procurement
processes will improve our internal efficiency. To this end, all new Consignia supplier
contracts will include a requirement to support this initiative and provide electronic
catalogue content," said Peter Stevens, Supplier Development Director, Consignia.

"Suppliers are the crux of a successful e-procurement programme. We are delighted to
be working with Consignia and fully support its drive to enable suppliers to reap the
benefits of this new, advanced sales channel," said Peter Cosgrove, director of project
management, Requisite Technology.


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Note to Editors:

About Requisite Technology, Inc.

Requisite Technology helps companies doing Internet commerce create, organize and
manage product and service information for efficient Web-based finding, buying and selling.
Requisite is partnered with leading providers of e-business applications and platforms,
including Oracle, Ariba and SAP.

Headquartered in Westminster, Colo., with operations in Toronto, London, Darmstadt,
Germany and Singapore, Requisite's products and services are deployed in more than
15 countries and support 13 languages. Find out more at www.requisite.com.


Requisite Technology, and eMerge are trademarks of Requisite Technology, Inc.
All other trademarks are the property of their respective owners.

This press release was distributed by ResponseSource Press Release Wire on behalf of Golin in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.