Plumtree Goes Live With Corio

Plumtree Goes Live With Corio
Corio Applications on Demand(TM) Reduces Cost and Improves Performance Of CRM
Application 


SAN CARLOS, Calif., March 2  /PRNewswire-FirstCall/ -- Corio, Inc. , a leading
enterprise application service provider, today announced that Plumtree Software
, the Enterprise Web leader, has gone live with Corio Applications on
Demand(TM).  Corio is providing infrastructure and application management
services to support Plumtree's internal CRM system.

(Logo: http://www.newscom.com/cgi-bin/prnh/20031231/CORIOLOGO )

Plumtree has chosen Corio Applications on Demand(TM), a 'pay-as-you-go' utility
computing service, to deliver high reliability and superior economics for its
enterprise CRM system.  On demand systems attack the fixed cost structures of
corporate IT, lower upfront project expenses, and reduce IT costs overall. 
Corio is providing Plumtree a secure, cost-effective and reliable CRM solution
to support customer service, sales force automation and marketing initiatives.
Corio Applications on Demand(TM) is an end-to-end enterprise application
management solution.

"Plumtree selected Corio Applications on Demand(TM) as a cost-reduction
measure," said John Ottman, executive vice president of Worldwide Markets at
Corio. "At the same time they expect to improve reliability and raise their
operational standards."

"We were looking for a reliable and scalable CRM solution," said Eric Borrmann,
chief financial officer at Plumtree.  "Corio Applications on Demand(TM) has
helped us reduce our monthly costs by 50 percent and increase our CRM
performance. Now, queries for contacts belonging to a specific industry only
take a few seconds, rather than several minutes."

About Corio, Inc.

Corio, Inc. (NASDAQ:CRIO) is a leadingenterprise application service provider
(ASP).  Corio Applications on Demand(TM) is a service that delivers enterprise
applications from leading software vendors for a monthly fee. Corio provides
infrastructure, applications management, professional services and Corio
iSRVCE(TM) technology resource management (TRM) software. Additional information
about Corio is available at http://www.corio.com/ .

Corio, iSRVCE and SRVCE are registered trademarks of Corio, Inc. Applications on
Demand(TM) is a trademark of Corio, Inc.  All other product and company names
mentioned herein may be the trademarks of their respective owners.

FORWARD LOOKING STATEMENT:

Matters discussed in this release involving expectations, beliefs, plans,
projections, intentions, future events or strategies are forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities and Exchange Act of 1934, as amended, and
the Private Securities Litigation Reform Act of 1995, and are made under their
safe-harbor provisions.  Such forward-looking statements are subject to certain
risks and uncertainties that could cause actual results to differ materially
from those projected.  Forward-looking statements herein include statements
regarding the services to be provided by Corio to Plumtree, the benefits of
Corio's relationship with Plumtree to Corio and Plumtree, and the benefits of
Corio's services to customers generally.  Some of the specific factors that may
cause actual results to differ include: the fact that Corio operates in a new
industry with a rapidly-evolving business model, the fact that the structure of
relationships may change and relationships may terminate, and Corio's ability to
adapt its services for rapidly changing technology.  Additional risks that could
cause actual results to differ materially from those projected are discussed in
our public filings with the Securities and Exchange Commission which are
available at the Securities and Exchange Commission's website (
http://www.sec.gov/ ).  Readers are cautioned not to place undue reliance on
these forward-looking statements, which reflect management's analysis only as of
the date hereof.  Corio undertakes no obligation to publicly release the results
of any revision to these forward- looking statements that may be made to reflect
events or circumstances after the date hereof or to reflect the occurrence of
unanticipated events, and Corio shall have no duty to update statements made
herein. 

http://www.newscom.com/cgi-bin/prnh/20031231/CORIOLOGO

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DATASOURCE: Corio, Inc.



CONTACT:  Heather Kelly of S&S Public Relations, Inc., [phone],

 



Web site:  http://www.corio.com/ 

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