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Welcome to the Initiative. Make yourself at home as you learn about the next generation of business-to-business applications and how Internet Business Services are energizing the industry.

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The Internet Business Services Initiative (IBSi) is a mutual benefit, non-profit corporation formed to assist companies in providing better software solutions to the marketplace.

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The work of the Initiative is carried out through member committees, the Board of Directors and executive staff. The IBSi also sponsors periodic members-only marketing and technical forums and a series of educational seminars and events that are open to the industry.

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Formed in December 1999, the Initiative has announced a general road map for standards development, held its first membership meeting and is developing a series of educational seminars. It offers a speakers bureau with industry and technical experts, and participates in relevant trade events.

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Elite.com Unveils New Web-based Project Management Application Worksolv™ to be demonstrated at Project World in Anaheim December 6-7th

Los Angeles, December 4, 2000 -- Elite.com Inc., a leading developer of Internet-based applications, today announced the release of Worksolv, a new Web-based project management application. The new application provides project team members, subcontractors and clients with anytime, anywhere access to project plans via standard Web browsers and wireless Palm® connection. Worksolv will make its debut at Project World in Anaheim, Calif., December 6-7 (booth #923) in a free preview release.

Via the preview release, customers will have the opportunity to use Worksolv at no charge for up to 12 weeks. The preview release will be available to all customers at no charge through January 31, 2001, while the final release of Worksolv, which includes wireless access for Palm OS devices and an additional 30 days of free trial use, will launch on February 1, 2001. Projects in the preview release will automatically transition into the final release of Worksolv.

Intended for mainstream managers, Worksolv is designed to provide project management capabilities that are easy to use and involve all team members in project planning and measurement. Full integration with Elite.com's time and billing application, Timesolv™, delivers unique capabilities like automatic client invoicing upon achievement of a project milestone. The wide range of uses for which Worksolv is ideal includes software development, new product launch plans, event planning, print design & production, engineering development planning and many other applications.

"Worksolv is a project management tool for the rest of us," said Mark Goldin, president of Elite.com. "Customers have told us time and again that current project management software is too difficult to learn and use, with complex features that most people just don't need. We developed a new application that is made to be used by an entire project team, is available to everyone anytime and is more integrated with a business' work process."

Worksolv Features
For its intended customers including corporate managers, professional services firms and other business users, Worksolv offers several key advantages over existing project management software:

  • Full Project Budgeting, Tracking & Reporting - Multiple task levels, task dependency assignment and milestone tracking. Multiple project views, including Gantt timeline and calendar view. Automatic event notification via e-mail.
  • Easy to Learn and Use - There is nothing to install or maintain. Setup and initial training takes less than 30 minutes.

    Anytime, anywhere availability - Worksolv is 100% Internet-based and is available via any standard Web browser or via wireless Palm access.

    Free Subcontractor Access - Allow subcontractors to input their task information and monitor the status of projects.

    Free Client Access - Customers can monitor the status of all projects (under full control of the project manager). In addition, customers can view invoices sent to them via WebBill Web-based billing.

  • Integration with Timesolv time and billing (optional) - project budgets can use actual billing rates and costs; entries into the time tracking system are automatically reflected in project plans. Achieving project milestones can trigger automatic client invoicing.

Pricing & Availability
Worksolv is priced at $19.95/month per user and Timesolv is priced at $9.95/month per user. The two applications together are priced at $24.95/month per user. Customers who register for Worksolv prior to February 1 will not begin to incur charges until March 1, 2001. Those who register after February 1, 2001 will receive 30 days' free use of the application for their entire firm.

About Elite.com
Founded in January 1999 and headquartered in Los Angeles, Elite.com, a subsidiary of Elite Information Group (NASDAQ: ELTE), is an Internet Business Service that provides Web-based software applications to professional service firms in the legal, contracting, architecture, public relations and advertising, accounting, engineering, management consulting and computer consulting markets. Elite.com offers two services: Timesolv(tm), a time and billing application released in January 2000, and Worksolv(tm), a project management application released in December 2000. Elite.com extends the expertise of parent, Elite Information Group, a company with a 17-year history in practice and financial management systems for the professional service sector. Elite is currently used by nearly a thousand large professional service firms worldwide, including more than half of the 100 largest law firms in the United States. Elite.com's hosted Internet-based applications and services are enhanced through its alliances with major companies including Palm, Inc., West Group, Lexis-Nexis, NetDocuments, NetLedger, EmployeeMatters, Certia and eMind.com.

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Contact: The Townsend Agency/Elite.com
Shelagh Carlson
Tel: 858-457-4888 ext 157
scarlson@townsendagency.com