Honolulu, HI - November 21, 2000-As part of its aggressive foreign expansion plans, Inovaware Corp., a leading provider of billing and customer management infrastructure for Internet service businesses, has signed a distribution agreement with New C&C, a South Korean hardware and software integration firm.

New C&C will distribute Inovaware's award-winning PRISM™ and Resolve™ solutions to customers in the South Korean marketplace. Together, these products represent the only framework encompassing sophisticated IP rating and billing, provisioning, full customer lifecycle management, as well as marketing automation and extensive trouble ticket management.

Under the terms of the agreement, New C&C will be responsible for marketing Inovaware products, developing a sales infrastructure, systems integration, as well as delivering training and technical support.

Inovaware chose New C&C because of the firm's exceptional market knowledge of Internet networking solutions, prevalent South Korean market penetration and consultative skills.

"There is a huge need in the market for proven systems integrators," said Inovaware CEO Marc Rapoza. "New C&C offers a unique and compelling approach for next-generation service providers with aggressive time-to-market requirements."

"Inovaware is a very focused organization," said Ki-Woong Park, Business Development Director at New C&C. "Working closely with Inovaware, we can effectively tap the rapidly evolving South Korean Internet service market."

According to a study done by the South Korean Ministry of Commerce, Industry and Energy, the South Korean B2B eCommerce market is projected to reach $1.3 billion (in U.S. dollars) by the year 2002 and more than $4.4 billion (in U.S. dollars) by 2004.

ABOUT INOVAWARE CORPORATION
Inovaware Corporation is a leading business systems provider for the Internet industry. With an installed based of several hundred customers worldwide, the company provides billing and customer management software for ASPs, broadband services, ISPs, content providers and other next-generation service providers. Inovaware's Synchronized Business Infrastructure™ is the only framework that integrates separate customer-centric operations such as billing, customer management and helpdesk processes into one centralized system –lowering overall cost and time-to-implementation.