Foxconn Division Deploys NexPrise Quotation Solution CARLSBAD, Calif., Jan. 4 /PRNewswire-FirstCall/ -- NexPrise, Inc. (OTC BB: NXPS.OB) today announced that NWE Technology, a division of Foxconn Electronics, has deployed a NexPrise solution for the automation of NWE Technology's quotation process. The solution automates the process of preparing price quotes for NWE Technology's customers. It analyzes customer bills of material against a database of historical costs, allows for the addition of markups or other costs, and performs calculations before generating customer-specific quotes and reports. The NexPrise solution has reduced the time to process quotes by over 90%, increased quote accuracy, and improved quote consistency. It has also improved the collaboration between NWE Technology employees in California and in manufacturing operations in China. "The quoting process is a critical part of the relationship between contract manufacturers and their customers," according to Bill Jang, NWE Technology's Director of Operations. "The NexPrise solution improves the confidence our customers have in NWE Technology. Our quotes are accurate, consistent, and timely. Furthermore, we respond more effectively and efficiently to customer requests." About NWE Technology NWE Technology, Inc., a member of Foxconn / Hon Hai Group -- the leading supplier of mechanical and electrical interconnect solutions for the communications industry, markets network cases and integrated barebone network enclosures to top-tier customers in the networking industry. NWE Technology, Inc. started manufacturing network enclosures in 1998, expanding on its core competencies in mechanical engineering and tooling technologies. For more information, please visit http://www.nwetechnology.com/. About NexPrise NexPrise, Inc. markets solutions that can enable manufacturers to rapidly automate key business processes and produce a return on investment in less than 6 months. These solutions complement and expand on currently installed enterprise systems and allow for the ongoing process improvements companies require to meet their changing business demands. NexPrise, Inc. is headquartered in Carlsbad, California. For more information, please visit http://www.nexprise.com/. Safe Harbor Statement This press release contains "forward-looking" statements about the products and services of NexPrise, as that term is used in Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are denoted by such words as "which enables," "can enable," "allow" and similar terms and phrases. These types of statements address matters that are subject to risks and uncertainties, which could cause actual results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, successful completion of the development process, risks and delays associated with the development process, unanticipated technological difficulties and resource constraints which may hinder development, customers' utilization of the NexPrise product, the extent of customers' existing inefficiencies and general applicability of the NexPrise product to the customer's needs. In addition, our forward-looking statements should be considered in the context of other risk factors discussed in our filings with the Securities and Exchange Commission, including but not limited to our annual report on Form 10-K and 10-Q filings, available online at http://www.sec.gov/. All forward-looking statements are based on information available to the company on the date hereof, and the company assumes no obligation to update such statements. DATASOURCE: NexPrise, Inc. CONTACT: Ted Drysdale of NexPrise, Inc., +1-760-804-1333 Web site: http://www.nexprise.com/

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