BNP Paribas Chooses InStranet

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BNP Paribas Lease Group Chooses InStranet to Facilitate the Exchange of Business-Critical Information

France’s leading corporate investment financing group enhances the sharing of its expertise and resources with the help of InStranet

New York/Paris, March 12, 2002 – BNP Paribas Lease Group, France’s leading corporate investment financing group, has chosen an enterprise information exchange (EIX) application from InStranet Inc. to facilitate the exchange of information internally and with its network of branch offices and European subsidiaries. InStranet is the leader in EIX applications.

Created in July 2000 following a merger of BNP and Paribas and a restructuring of its subsidiaries, BNP Paribas Lease Group has focused on developing an efficient exchange of information among its collaborators. The company sees the implementation of an information exchange platform not only as a means of creating better synergy among the group’s services, but also as a strong added value for customers, who will be able to take full advantage of BNP Paribas’ extensive expertise and array of services.

By integrating InStranet’s EIX technology, BNP Paribas Lease Group’s 2,600 collaborators will be able to intuitively exchange personalized information concerning the company’s many activities and business units, as well as important sales/marketing documentation from its 60 branch offices in France, in an organized and secure environment.

InStranet’s flexible and adaptive software provides BNP Paribas Lease Group with a solution that allows business users without any special IT training to independently and securely publish, organize and exchange content online. Developed as a centralized infrastructure, the InStranet 2.0 Java-based solution integrates seamlessly with existing applications, and can be implemented rapidly and deployed on a large scale.

“InStranet’s innovative technology appealed to us because of its multidimensional approach to information-gathering and the many functionalities offered for complex information management on our Intranet,” says Francois-Regis Martin, manager of BNP Paribas Lease Group’s Internet and New Technologies Division unit. “InStranet’s open architecture doesn’t require heavy IT investments for system deployment and maintenance. Furthermore, it enables us to keep complete control of all aspects of project management as well as future developments. The heads of our different business units have already realized the strategic value of a well-organized and efficient corporate information exchange system linking us to our branch offices in France and subsidiaries in Europe. We could eventually envision extending access to these services to our business partners and customers.”

About BNP-Paribas Lease Group

A 100% subsidiary of BNP Paribas, BNP Paribas Lease Group provides asset finance to businesses, professionals and private clients. Our mission is to build on our success and develop our position as a leading asset finance company throughout Europe.

BNP Paribas Lease Group finances:

The sales made by its partners: retailers of equipment and vehicles (manufacturers, importers, distributors) and intermediaries (brokers, rental agencies) and the investments of its clients.

The recent restructure of our financing activities following the merger in July 2000 between BNP Lease and UFB LOCABAIL into a single structure has given the BNP Paribas Lease Group a renewed strength in the market:

Unequalled commercial presence
Considerable experience
Financial expertise
A culture of innovation
The support of BNP Paribas, a guarantee of long-term security

About InStranet

InStranet is a worldwide leader of multi-channel knowledge business applications. Global 2000 companies rely on InStranet's solutions to automate content and knowledge delivery for contact centers, field sales and Web self-care for servicing and sales initiatives. InStranet's Multi-Channel Knowledge Applications enable businesses to securely create, manage and deploy critical profile-based content for enterprise channels, and to analyze results to identify key successes or areas for improvement.

InStranet applications are currently deployed in many high-profile global enterprises, including 3M, AXA, BNP Paribas, Credit Lyonnais, France Telecom, Manpower, Orange, and Zurich North America. Global partners include Aspect Communications, BEA Systems, Genesys, IBM, Oracle, and Sun Microsystems. InStranet is headquartered in Chicago with offices in Paris, and technology and distribution partnerships throughout Europe and Asia.

For more information, contact:

InStranet, Inc.
InStranet EMEA
Andrew Zinger
(312) 629-4577
azinger@instranet.com