PALO ALTO, Calif.–(BUSINESS WIRE)–July 18, 2003–

Valdero Receives Awards from iSource Magazine, Start magazine, and

AlwaysOn for Customer Traction, Innovation, and Technology Excellence

Valdero(C) Corporation, a leading provider of supply chain execution software, today announced that it has received three of the industry’s most prestigious and respected awards for the year. The three honors include being named to the iSource 100; the AlwaysOn (AO) Top 100 Private Companies; and Start magazine’s Hottest Companies of the Year. The tributes reflect Valdero’s growth and commitment to solving the supply and demand chain problems faced by today’s manufacturing organizations.

“We are extremely pleased to be recognized by these top publications and organizations,” said S. Singh Mecker, president and chief executive officer of Valdero. “These awards confirm what our value proposition in the marketplace has always been — that manufacturers can minimize inventory exposure and reduce order cycle times by Valdero’s ability to deliver real-time visibility across the extended supply chain.”

iSource Business Magazine iSource 100

iSource Business Magazine, the go-to source for complete knowledge and information on end-to-end supply and demand chain solutions, recognized Valdero as one of the top supply and demand chain enabling organizations in the iSource 100 in its June/July 2003 issue, as well as on iSourceonline.com. The iSource 100 are enabling organizations and consulting organizations with innovative enterprise wide solutions and services that are leading the way in helping traditional companies make their supply and demand chains more effective and efficient. The iSource Business editorial and advisory board staff selected the iSource 100 after considering the application forms and conducting interviews with the enabling or consulting companies’ customers.

First-annual AlwaysOn (AO) Top 100 Private Companies list

Next, Valdero celebrates its inclusion on the first-annual AlwaysOn (AO) Top 100 Private Companies list. AlwaysOn, the media company that covers innovation in technology and business, compiled the list with assistance from KPMG’s emerging business practice, KPMG 1Start. The two groups surveyed more than 1,000 venture investors, investment bankers, top entrepreneurs and executives, who nominated more than 700 companies for the competition. The full list can be found at www.alwayson-network.com.

Tony Perkins, AlwaysOn editor, and KPMG 1Start, identified the AO100 companies based on their innovation and demonstrated leadership among their peers in at least two areas: market traction measured by revenue or customer growth and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players.

In explaining the selection process, Perkins notes: “Our survey proves that private company innovation is alive and thriving. We believe that many of the companies funded in the last 12 months will end up being some of the biggest names associated with the Internet. To raise money and win customers in this market, private companies must show that their products and services are an order of magnitude above what currently exists in the marketplace.”

Start Hottest Company of the Year

In addition, Start magazine, The Voice of The Manufacturing Executive, named Valdero an “Up and Coming” company, as part of its 6th Annual Hottest Companies of the Year Awards in the July 2003 issue.

This distinction for the Hottest Companies Award was created for software and hardware vendors that have developed innovative applications or products for the manufacturing industry. Start’s editorial team judged nearly 100 entries and selected 30 manufacturing solution providers as “Hot.” In addition, another eight were chosen as “Keep An Eye On.” An additional four young companies (under two years of age), not yet able to qualify for “Hottest Company” and “Keep an Eye On” distinctions, were chosen as “Up and Coming.”

About Valdero

Valdero Corporation (www.valdero.com) is the leading provider of enterprise class software applications for Supply Chain Execution. Valdero creates high velocity supply and demand chains through real-time visibility, collaboration and execution. With Valdero, businesses can reduce excess and obsolete inventory, reduce operating costs and order cycle times. Valdero’s solution can be implemented in as little as three months. Applicable across manufacturing companies in the high technology, medical device and consumer markets, Valdero is currently in use at industry-leading companies such as Advanced Fibre Communications (AFC), Extreme Networks, Juniper Networks, net.com, and Enterasys Networks. Based in Palo Alto, Calif., Valdero is a privately held company backed by premier venture capital firms including Kleiner Perkins Caufield & Byers, Mohr Davidow Ventures, Trinity Ventures, and Integral Capital Partners. For more information visit www.valdero.com.

PALO ALTO, Calif.–(BUSINESS WIRE)–July 18, 2003–

Valdero Receives Awards from iSource Magazine, Start magazine, and

AlwaysOn for Customer Traction, Innovation, and Technology Excellence

Valdero(C) Corporation, a leading provider of supply chain execution software, today announced that it has received three of the industry’s most prestigious and respected awards for the year. The three honors include being named to the iSource 100; the AlwaysOn (AO) Top 100 Private Companies; and Start magazine’s Hottest Companies of the Year. The tributes reflect Valdero’s growth and commitment to solving the supply and demand chain problems faced by today’s manufacturing organizations.

“We are extremely pleased to be recognized by these top publications and organizations,” said S. Singh Mecker, president and chief executive officer of Valdero. “These awards confirm what our value proposition in the marketplace has always been — that manufacturers can minimize inventory exposure and reduce order cycle times by Valdero’s ability to deliver real-time visibility across the extended supply chain.”

iSource Business Magazine iSource 100

iSource Business Magazine, the go-to source for complete knowledge and information on end-to-end supply and demand chain solutions, recognized Valdero as one of the top supply and demand chain enabling organizations in the iSource 100 in its June/July 2003 issue, as well as on iSourceonline.com. The iSource 100 are enabling organizations and consulting organizations with innovative enterprise wide solutions and services that are leading the way in helping traditional companies make their supply and demand chains more effective and efficient. The iSource Business editorial and advisory board staff selected the iSource 100 after considering the application forms and conducting interviews with the enabling or consulting companies’ customers.

First-annual AlwaysOn (AO) Top 100 Private Companies list

Next, Valdero celebrates its inclusion on the first-annual AlwaysOn (AO) Top 100 Private Companies list. AlwaysOn, the media company that covers innovation in technology and business, compiled the list with assistance from KPMG’s emerging business practice, KPMG 1Start. The two groups surveyed more than 1,000 venture investors, investment bankers, top entrepreneurs and executives, who nominated more than 700 companies for the competition. The full list can be found at www.alwayson-network.com.

Tony Perkins, AlwaysOn editor, and KPMG 1Start, identified the AO100 companies based on their innovation and demonstrated leadership among their peers in at least two areas: market traction measured by revenue or customer growth and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players.

In explaining the selection process, Perkins notes: “Our survey proves that private company innovation is alive and thriving. We believe that many of the companies funded in the last 12 months will end up being some of the biggest names associated with the Internet. To raise money and win customers in this market, private companies must show that their products and services are an order of magnitude above what currently exists in the marketplace.”

Start Hottest Company of the Year

In addition, Start magazine, The Voice of The Manufacturing Executive, named Valdero an “Up and Coming” company, as part of its 6th Annual Hottest Companies of the Year Awards in the July 2003 issue.

This distinction for the Hottest Companies Award was created for software and hardware vendors that have developed innovative applications or products for the manufacturing industry. Start’s editorial team judged nearly 100 entries and selected 30 manufacturing solution providers as “Hot.” In addition, another eight were chosen as “Keep An Eye On.” An additional four young companies (under two years of age), not yet able to qualify for “Hottest Company” and “Keep an Eye On” distinctions, were chosen as “Up and Coming.”

About Valdero

Valdero Corporation (www.valdero.com) is the leading provider of enterprise class software applications for Supply Chain Execution. Valdero creates high velocity supply and demand chains through real-time visibility, collaboration and execution. With Valdero, businesses can reduce excess and obsolete inventory, reduce operating costs and order cycle times. Valdero’s solution can be implemented in as little as three months. Applicable across manufacturing companies in the high technology, medical device and consumer markets, Valdero is currently in use at industry-leading companies such as Advanced Fibre Communications (AFC), Extreme Networks, Juniper Networks, net.com, and Enterasys Networks. Based in Palo Alto, Calif., Valdero is a privately held company backed by premier venture capital firms including Kleiner Perkins Caufield & Byers, Mohr Davidow Ventures, Trinity Ventures, and Integral Capital Partners. For more information visit www.valdero.com.