<b>Arborex Unveils Electronic Trading for Paperboard</B>

Arborex, Inc. announced the development of an electronic trading environment for the paperboard industry. Arborex provides a neutral, third party forum that reduces the costs of relationships and creates more efficient supply chains. It is an optimized platform for conducting all aspects of business within the solid fiber and corrugated products industry -- a $123 billion industry segment, according to Morgan Stanley Dean Witter.

The Arborex transaction environment naturally streamlines the procurement process, substantially reducing costs for buyers without impacting the profitability of sellers. Although developed to allow buyers to order paperboard products to exact specifications, the company's Internet-based model benefits buyers and sellers across the entire supply chain. It enables faster communication with fewer errors by providing a seamless online transaction environment.

``We're building a comprehensive solution that links and benefits all parties in the industry -- from packaging consumers to converters to mills,'' said company President Andrew Dailey. ``It offers buyers and sellers the ability to lower costs, expand reach and improve visibility into supply and demand dynamics. And it can be tightly integrated with a company's internal information technology. We want to dramatically improve the way the industry does business.''

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June 2000
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