Exostar's Trusted Workspace Lauded by Supply Chain Experts

Wins Elite Awards for Enabling the Aerospace & Defense Community to Share Critical Information HERNDON, Va., May 15

HERNDON, Va., May 15 /PRNewswire/ -- Exostar, the leading provider of secure multi-enterprise collaboration solutions to the aerospace and defense (A&D) industry, is named a START-IT "Hot Company" and one of 125 most influential manufacturing technology providers for the second year in a row. The wins honor Exostar's Trusted Workspace for enabling secure information sharing, visibility and business process integration across global supply chains.

"In today's highly competitive industry, extended supply chain visibility and process efficiency are critical to reduce program risk, cost and information lag-time," said Peter Scott, vice president of supply chain solutions at Exostar. "As the platform trusted by 85 of the top 100 global A&D manufacturers in the aerospace and defense community for sharing business critical information, Exostar is committed to meeting the industry's expanding needs through 2008 and beyond."

Exostar's Trusted Workspace is a secure, neutral hub where organizations can collaborate with external parties without the cost and risk of creating and maintaining multiple, unilateral connections. The Trusted Workspace offers real-time connectivity and access to a secure global community of more than 40,000 enabled trading partners; single sign-on and high quality digital credentials; and a full suite of hosted business applications that support the end-to-end product lifecycle -- from sourcing to award, through design and development, to supply chain execution and aftermarket support.

Trusted Workspace Drives 2007 Growth

Exostar continues to achieve record-setting growth with strong demand for its information sharing, supply chain process integration and collaboration capabilities. The company's momentum is reflected by several milestones in 2007:

-- Successful migration of 30,000 organizations and 45,000 users to the
new Supply Chain Platform, which enables more than one million
transactions each month
-- Managed the successful migration of 125 of Boeing's highest-volume
suppliers from legacy EDI connections to Exostar's Supply Chain
Platform
-- 6,000 new trading partners were added to Exostar's Trusted Workspace
network in 2007, making it the largest on-line community serving A&D
and related market segments


About Exostar

Exostar's Trusted Workspace powers secure multi-enterprise information sharing, collaboration and business process integration throughout the extended value chain. Exostar was founded in 2000 to support the complex trading needs of the world's largest aerospace and defense companies, including BAE SYSTEMS, The Boeing Company, Lockheed Martin Corp., Raytheon Co. and Rolls-Royce. Exostar's identity assurance products and on-demand business applications reduce risk, improve agility and strengthen trading partner relationships and profitability for over 40,000 companies worldwide. For more information, please visit http://www.exostar.com.

Media contact:
Lesley Cannata
Corporate Ink Public Relations
(617) 969-9192
lcannata@corporateink.com

SOURCE Exostar