The following press announcement is taken from Siparex's web site and is copyright Siparex Ventures.

Siparex Ventures Press Release, September 3, 2002:

TRACE ONE (Paris): Founded in December 2000, Trace One has positioned itself as the leading provider of integrated quality and traceability information management for major distributors and their suppliers of distributor-brand products.

Trace One develops its software applications, puts them on line in a highly secure environment, enables electronic signatures for documents, and deploys traceability stations.

This project has been conducted by the company's president, Jerome Malavoy. It will be operational before the end of the year.

Trace One already signed contracts with major players of the consumer goods sector, in which some 1000 companies operate.

Siparex Ventures has invested EUR 2 million in a financing round along with three other financial investors.

Contact: Michel Faure - Tel.. 01 53 93 02 20 - m.faure@siparex.com