New Product Launch

InterX PLC 12 June 2001 FOR IMMEDIATE RELEASE 12 June 2001 InterX plc ('InterX' or the 'Company') New Product Launch On 27 February 2001 InterX announced the results of its strategic review. It also announced that the first of its new software products was in 'beta-test' at one of the Company's major customers and scheduled for trade launch in June 2001. The Board of InterX is pleased to announce the European launch, at the Giga IT Forum in Rome today, of its new enterprise software product, 'InterX Net2020'. InterX Net2020 is targeted at large companies which have already invested significantly in the development of their online activities but which have failed, not only to maximise their return on the investment, but to establish an online system with the flexibility and control required to develop these operations in harmony with the rest of their business operations. InterX Net2020 is an enterprise software application that enables companies to consolidate the disparate software applications that exist behind business-to-consumer and business-to-business portals, to create a single view for customers and a single view of management information about customers. InterX Net2020 leverages a business's existing web investments, re-using existing content and logic, and re-purposing it through a combination of an innovative tagging system and template management, into a new customer presentation environment. As such it can be implemented quickly and without the requirement for expensive specialist programming. Simon Barker, Chief Executive said: 'Today is a major milestone for InterX. In less than four months we have successfully repositioned our technology for the demands of the current online market and produced an unique proposition which is both relevant and compelling for today. Current market conditions demand product solutions that deliver both tactical benefit, in the form of a speedy implementation, the leveraging of existing investments and a prompt return on new investment; and strategic direction, through the provision of an unified standards-compliant platform for the future. The launch of InterX Net2020 is further evidence of our commitment to and confidence in our strategy for the future.' Enquiries: Simon Barker, Chief Executive 020 8817 4422 Simon Miesegaes, Finance Director 020 8817 4422 or visit www.interx.com for further information

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