Celarix Names Jim Daniell as New CEO Seasoned Executive Appointed to Continue Company's Growth Momentum in Expanding Collaborative Logistics Space

CAMBRIDGE, Mass.--(BUSINESS WIRE)--April 2, 2001--Celarix, Inc. (www.celarix.com), the leading provider of collaborative logistics solutions, today announced the appointment of Jim Daniell as chief executive officer.

Daniell, former president and CEO of OrderTrust, Inc., a provider of outsourced e-commerce infrastructure services, succeeds Evan Schumacher, who will continue as founder and vice-chairman of Celarix.

As CEO of Celarix, Daniell will be charged with managing the day-to-day operations of the company and continuing to shape its vision, while Schumacher will continue as Celarix' evangelist and support Jim in the continued development of the company.

``Smart companies know when to augment their executive team with the kind of expertise and leadership that will create long-term value for themselves and their customers,'' said Schumacher. ``Coming off our best quarter ever, we are in an excellent position to continue this momentum with the addition of such a seasoned technology veteran. Jim has a strong commitment to customer and employee satisfaction and I'm very excited to have him lead our organization to the next level.''

``Logistics collaboration and supply chain event management has an enormous potential for growth over the next few years,'' added Daniell. ``Working with major international companies, Celarix is well-positioned to take advantage of this growth and continue its progress in improving the logistics functions of multi-national corporations. I look forward to working with Evan, the experienced management team he's put in place and all the seasoned, industry experts he has brought to Celarix.''

As the former president and CEO of OrderTrust, Daniell was responsible for all aspects of the company's business operations and strategy. During his tenure, he led high growth networking companies specializing in the application of advanced technology in emerging markets. Daniell joined OrderTrust in 1997, after serving as chief operating officer of AT&T's Network Commerce Services, where he oversaw the company's Web-hosting, Web-connectivity, e-commerce, call center solutions and managed connectivity solutions divisions.

Prior to AT&T, Daniell worked in both large and small entrepreneurial environments, including the AT&T Bell Labs corporate spin-off of UNIX System Laboratories. He got his start in technology, building networking and client/server products at Software AG of North America.

Daniell is a graduate of Carnegie Mellon University, where he earned a doctorate in electrical and computer engineering, and of the University of Connecticut, where he earned a joint bachelor's and master's degree in computer science and engineering.

About Celarix, Inc.

Based in Cambridge, Mass., Celarix, Inc. builds high performance business networks by leveraging the power of collaborative logistics. The Celarix solution is based upon an expansive business network that powers real-time visibility and allows trading partners to collaborate around a shared set of logistics processes and business intelligence tools. This combination of services, including the business network, proactive event management and fully integrated execution processes, allows companies to quickly realize new supply chain performance improvements through faster cycle times, lower inventory costs and more predictable delivery. For more information about Celarix, please e-mail info@celarix.com.