CLIENTS

Praxinet's clients span the full range of industries and consist mostly of Fortune Global 2000 companies. In addition, the majority of Praxinet's top clients have been clients for multiple years spanning several engagements.

SELECT FROM THE CLIENT LIST ON THE RIGHT TO VIEW EACH IN MORE DETAIL >

ANADIGICS

Founded in 1985, ANADIGICS pioneered the high volume cost-effective manufacture of high performance gallium arsenide integrated circuits (GaAs ICs). Its corporate headquarters are in Warren, NJ with offices worldwide. ANADIGICS is a leading worldwide supplier for the communications market.

ANADIGICS combines research and development, innovative design and manufacturing expertise to deliver high performance RF ICs (radio frequency integrated circuits) for high frequency and broadband communications markets.

To learn more about ANADIGICS, visit them on the web at www.anadigics.com.

ANADIGICS engaged Praxinet to assess their current budgeting process and to recommend and implement a solution to improve it. Praxinet was also engaged to help them set an information technology strategy that would empower its work force during its continued growth.

Bell Helicopter

Bell Helicopter, a Textron Company, is a $l.4 billion leading producer of commercial and military helicopters, and the pioneer of revolutionary tiltrotor aircraft. Globally recognized for customer service, innovation and superior quality, Bell's global workforce of over 7,500 employees serves customers flying Bell aircraft in over l20 countries.

To learn more about Bell Helicopter-Textron, visit them on the web at www.bellhelicopter.com

Bell Helicopter engaged Praxinet to develop a five-year, enterprise-wide strategy for their use of business intelligence technology.

Baltimore Gas & Electric

For more than 180 years, BGE has been meeting the energy needs of Central Maryland. BGE serves more than one million business and residential electric customers and more than 600,000 gas customers in an economically diverse, 2,300-square-mile area encompassing Baltimore City and all or part of 10 Central Maryland counties.

Constellation Energy Group began operations in May 1999 as the holding company for BGE and its affiliates.

To learn more about BGE, visit them on the web at www.bge.com.

BGE engaged Praxinet, along with one of its partners, to implement a solution to improve their budgeting, forecasting, and corporate consolidation processes.

Cinergy

Cinergy Corp. has a balanced, integrated portfolio consisting of two core businesses: regulated operations and energy merchant. Cinergy owns regulated delivery operations in Ohio, Indiana, and Kentucky that serve 1.5 million electric customers and about 500,000 gas customers. In addition, its Indiana regulated operations own 6,000 megawatts of generation. Cinergy's energy merchant business is a Midwest leader in low-cost generation owning 7,000 megawatts of capacity with a profitable balance of stable existing customer portfolios, new customer origination, marketing and trading, and industrial-site cogeneration. The "into Cinergy" power-trading hub is the most liquid trading hub in the nation.

To learn more about Cinergy, visit them on the web at www.cinergy.com.

Cinergy engaged Praxinet, along with one of its partners, to design and develop a solution that helped Cinergy manage and evaluate its Operating Power Plants by providing real-time metrics related to finance and performance measures related to Employees, Megawatts/hour, Injuries, Training hours, Outages, Oil, Gas, etc.

Citibank

Found in more than 100 countries world-wide, Citibank delivers a wide array of banking, lending and investment services to individual consumers, as well as to small businesses with up to $10 million in annual sales. Citi also offers a full range of financial services products to serve the needs of small and large corporations, governments, and institutional and individual investors. Its Financial Center Network is comprised of local offices and complemented by its electronic delivery systems, including ATMs and the World Wide Web.

To learn more about Citibank, visit them on the web at www.citi.com.

Citibank engaged Praxinet to design, develop, and implement a CORBA-based application that integrated all of its analysis applications with a central security server utilizing a single sign-on web interface.

Comstellar Technologies

Comstellar Technologies, Inc. is the premier organization for architecting innovative companies that will develop core disruptive technologies to dramatically improve the capabilities of the communications network and drive the next generation of communications. Its founders have a proven record of leadership and expertise in the communications industry at companies such as Telcordia, IBM, Sun, StratumOne, Cerent and Siara. Comstellar, with headquarters in Los Altos, CA and Florham Park, NJ, has raised about $150 million in investment capital, led by Accel Partners and New Enterprise Associates. Other investors include Clarity Partners, First Analysis Venture Capital, Goldman, Sachs & Co., J.P. Morgan Ventures, Lehman Brothers, Mayfield Fund, Oak Investment Partners, and Soros Private Equity Partners.

Additional information can be found at www.comstellar.com.

Comstellar engaged Praxinet to develop and implement an application for budgeting and reporting to replace their outdated, manual process.

Con Edison

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $10 billion in annual revenues and approximately $17 billion in assets. The company provides a wide range of energy-related products and services to its customers through its six subsidiaries: Consolidated Edison Company of New York, Inc., Orange and Rockland Utilities, Inc., Con Edison Solutions, Con Edison Energy, Con Edison Development, and Con Edison Communications.

To learn more about Con Edison, visit them on the web at www.conedison.com.

Con Edison engaged Praxinet to develop and implement an Essbase solution, allowing it to analyze key performance measures.

Dendrite International

Publicly-traded (NASDAQ: DRTE) solution provider focusing on productivity of sales, marketing, and clinical processes for pharmaceutical and other life science clients with 2003 revenues of $321million. Dendrite was founded in 1986 and is headquartered in Morristown, New Jersey.

In addition to the United States, Dendrite maintains offices in Australia, Austria, Belgium, Brazil, China, Colombia, France, Germany, Greece, Hungary, India, Italy, Japan, Mexico, the Netherlands, New Zealand, Poland, Portugal, South Korea, Spain, Turkey, and the United Kingdom.

To learn more about Dendrite visit them on the web at www.dendrite.com.

Dendrite engaged Praxinet to implement a solution to improve their worldwide budgeting, forecasting, and corporate consolidation processes.

"What is most unique about Praxinet is the relationship I have with them. I can trust the advice I am given and know Praxinet is thinking of what is right for the company."

Christine Croft
Director of Finance
Dendrite International

Depository Trust & Clearing Corporation

The Depository Trust & Clearing Corporation is the largest financial services post-trade infrastructure in the world, with operating facilities in multiple locations in the U.S. and overseas. DTCC is the holding company for six subsidiary businesses - a depository and five clearing corporations - as well as the global joint venture with Thomson Financial (called Omgeo).

Through its subsidiaries, DTCC provides clearance, settlement and information services for virtually all equity, corporate debt, municipal debt, government securities, mortgage-backed securities, and emerging market sovereign debt trades in the U.S., totaling more than $1.7 trillion daily. It is also a leading clearinghouse for mutual funds and insurance products, linking funds and carriers with distribution networks. In addition, DTCC provides custody and asset servicing for more than two million securities issues from the U.S. and 84 other countries, worth about $23 trillion.

Additional information can be found at www.dtcc.comm.

Depository Trust engaged Praxinet, along with one of its partners, to implement a budgeting, reporting, and analysis portal.

EXP@NETS

Expanets is the nation's largest and leading provider of converged communications solutions to businesses ranging from 20 to 500 employees, and is also strongly positioned to serve larger businesses with multiple locations. With 2001 revenues of $1 billion, Expanets serves 560,000 businesses and over one million client locations. While national in scope, Expanets delivers local service and solutions through its team of 3,200 associates, based in 150 offices and satellite locations throughout the U.S. Expanets is a single-source provider of voice, data and e-business solutions that give its clients a competitive edge. Its broad portfolio is based on its strategic relationships with industry-leading manufacturers, service providers, carriers and application developers. Expanets, the core business of NorthWestern Communications Group, was founded in 1997 by NorthWestern Corporation (NYSE: NOR). NorthWestern and its partner businesses are leading providers of services and solutions to 2.5 million customers across America in the communications and energy sectors.

More information about Expanets is available at www.expanets.com.

Expanets engaged Praxinet to design and implement a system that would consolidate its corporate data and provide a useful tool that would replace its homegrown, legacy system and enable its personnel to make more educated business decisions.

GE Capital

GE Capital, with assets of more than US$425 billion, is a global, diversified financial services company grouped into six key operating segments comprised of 25 businesses. A wholly-owned subsidiary of General Electric Company, GE Capital, based in Stamford, Connecticut, provides a variety of consumer services, such as: credit cards and life and auto insurance, mid-market financing, specialized financing, specialty insurance, equipment management, and specialized services, to businesses and individuals in 45 countries around the world. GE is a diversified services, technology and manufacturing company with operations worldwide.

Additional information can be found at www.gecapital.com.

GE Capital engaged Praxinet to build several applications to help their Finance and Sales & Marketing functions in several of their divisions.

General Investment & Development

General Investment & Development (GID) is a privately held, vertically-integrated, diversified real estate operating company based in Boston, MA. General Investments has more than 40 years of experience in developing, acquiring and managing apartment communities, suburban office properties and industrial/flex business parks.

Additional information can be found at www.generalinvestment.com.

AGID engaged Praxinet, along with one of its partners, to implement a budgeting, reporting, and analysis portal.

City of Hartford, CT

Hartford, one of America's greatest cities and Connecticut's Capital, has a rich heritage dating back to its founding day in 1635. Hartford is home to some of the country's leading financial institutions.

Today Harford boasts a highly diverse population of 123,074, an extremely committed business community, and a pro-growth government pursuing an agenda of progress.

To learn more about Hartford, visit them on the web at www.hartford.gov.

The City of Hartford has joined Praxinet's Municipal Performance Management (MPM) Pilot Program.

Interpublic Group (IPG)

Interpublic Group (IPG) is a global marketing communications and marketing services company that provides strategic direction as well as centralized business services, including finance and acquisitions support, real estate expertise, legal counsel and investor relations. This allows separate agencies and communications services companies to focus their talents and resources on their clients' marketing and advertising challenges.

IPG and its operating companies employ 49,000 people in approximately 130 countries worldwide. They serve a total of more than 4,000 multinational, regional and local clients, representing many of the best-known corporations and brand names.

To learn more about IPG, visit them on the web at www.interpublic.com.

IPG engaged Praxinet, along with one of its partners, implement a solution to improve its budgeting, forecasting, financial reporting, and corporate consolidation processes.

Merck

Merck & Co., Inc. is a leading research-driven pharmaceutical products and services company. Merck discovers, develops, manufactures and markets a broad range of innovative products to improve human and animal health, directly and through its joint ventures.

Additional information can be found at www.merck.com.

Merck's Vaccine Division engaged Praxinet to develop a solution strategy for a long-range operational planning tool that could aggregate their corporate data as well as provide valuable reporting and analysis capabilities.

Millipore

Millipore is a multinational, high technology bioscience company that provides technologies, tools and services for the development and production of new therapeutic drugs. The company, headquartered in Billerica, MA, serves the worldwide life science research, biotechnology and pharmaceutical industries. Millipore employs 4,200 people in 10 manufacturing plants and more than 31 offices around the world.

To learn more about Millipore, visit them on the web at www.millipore.com.

Millipore engaged Praxinet, along with one of its partners, to implement a solution to improve its budgeting, forecasting, financial reporting, and corporate consolidation processes.

Network World

Since 1986, Network World has maintained a singular focus: bringing sellers together with highly qualified buyers and strategic decision-makers. Designed for marketing and agency professionals, Network World's comprehensive portfolio of marketing programs offer unparalleled tools designed to generate high-quality leads, optimize marketing campaigns, connect you with market leaders and create new revenue opportunities.

Network World's newsweekly print publication, Network World, its online component Network World Fusion (www.nwfusion.com), events, executive forums and custom media solutions, help sellers reach the full spectrum of Network IT decision-makers and buyers.

To learn more about Network World, visit them on the web at www.networkworld.com.

Network World engaged Praxinet, along with one of its partners, to implement a solution to improve their budgeting and forecasting processes.

Petroleum Heat & Power Corporation

Petroleum Heat & Power Corporation (PETRO) is a subsidiary of Star-Gas Partners, L.P., one of the Nation's leading distributors of propane gas and heating oil. Providing hassle free heat, hot water, natural gas, air conditioning, propane and home comfort services to residential and commercial properties, PETRO is the largest home heating oil company in the United States.

Serving customers from Massachusetts to Virginia, PETRO has more satisfied customers than any other home energy company.

Additional information can be found at www.petrohp.com.

PETRO engaged Praxinet to develop a solution strategy to address the data management and reporting requirements of its hedging activities driven by FASB disclosure rules and recommendations. Subsequently, PETRO engaged Praxinet to design, develop, and implement a custom application to address their need.

Pfizer

Pfizer Inc is a research-based, global pharmaceutical company. They discover and develop innovative, value-added products that improve the quality of life of people around the world and help them enjoy longer, healthier, and more productive lives. The company has three business segments: health care, animal health and consumer health care. Their products are available in more than 150 countries.

Additional information can be found at www.pfizer.com.

Pfizer engaged Praxinet, along with one of its partners, to design a budgeting, reporting, and analysis portal for their Medical and Scientific Affairs division that would enable them to evaluate their research and project budgets and performance against those budgets.

Tishman Speyer Properties

Tishman Speyer Properties (TSP) owns two of the most famous pieces of the Big Apple. A leading developer, renovator, and owner of commercial real estate, the company's crown jewels are New York's Chrysler Building and Rockefeller Center. Formed in 1978 by Robert Tishman and Jerry Speyer, Tishman Speyer now has offices in the US, Europe, and South America and a portfolio of approximately 50 million square feet. Best known for their high-rise office buildings and signature properties, Tishman Speyer is renowned for redeveloping existing properties with an emphasis on integrating the building with its surroundings. The company also has smaller interests in retail, entertainment, and residential ventures.

Additional information can be found at www.tishmanspeyer.com.

TSP engaged Praxinet to design, develop, and implement several solutions including an employee cost allocation system, an employee performance appraisal system, and its corporate intranet and portal.

UBS

UBS PaineWebber serves the wealth management needs of more than 2 million clients with 8,400 financial advisors in 374 branch offices nationwide. UBS PaineWebber is one of four business groups of UBS AG along with UBS Warburg, UBS Global Asset Management and UBS Switzerland.

Additional information can be found at www.ubspainewebber.com.

UBS PaineWebber engaged Praxinet to develop and implement a product management application that would allow its Market Planning and Research Department to analyze its retail commission data.

Verizon

Verizon Communications (NYSE:VZ) is one of the world's leading providers of communications services. Verizon companies are the largest providers of wireline and wireless communications in the United States, with 135.1 million access line equivalents and 30.3 million Verizon Wireless customers. Verizon is also the largest directory publisher in the world. With more than $67 billion in annual revenues and approximately 241,000 employees, Verizon's global presence extends to more than 40 countries in the Americas, Europe, Asia and the Pacific.

For more information on Verizon, visit www.verizon.com.

Verizon engaged Praxinet, along with one of its partners, to implement a budgeting, reporting, and analysis solution.

Town of West Hartford, CT

West Hartford is located in Central Connecticut adjacent to and west of the City of Hartford, the state capital. Immediate neighboring towns are Bloomfield, Newington, Farmington and Avon. West Hartford is approximately 100 miles southwest of Boston and 100 miles northeast of New York City.

The Town encompasses 22.2 square miles and has a population of 61,046. West Hartford is a residential suburb of the Hartford metropolitan area. The Town encompasses a full range of quality housing from starter homes to luxury estates. West Hartford boasts a strong retail and service business sector.

To learn more about Town of West Hartford, visit them on the web at
www.west-hartford.com.

The Town of West Hartford has joined Praxinet's Municipal Performance Management (MPM) Pilot Program.