eOnline, Inc. Selected by Finetrics to Provide Hosting Services for first SAP-Powered Online Accounting Solution for Small- to Medium- Sized Businesses


Partnership Delivers First and Only World-class Enterprise Solutions for the Small to Mid-size Market

LAS VEGAS, NEVADA - JUNE, 14, 2000 - Today at SAPPHIRE® 2000, the SAP (NYSE ADR: SAP) annual customer conference, eOnline, Inc., the leading enterprise applications service provider (ASP), announced a partnership with FiNetrics™, an Internet company developing an online Financial EcoCenter™ for small- to medium-size businesses. eOnline will provide the necessary SAP hosting services to support FiNetrics' online accounting solution designed to provide a world-class enterprise online accounting solution for small- to medium-sized businesses.(see related release "FiNetrics™ to Launch Online Financial EcoCenter; Announces Partnership with SAP to Deliver Internet Accounting and Financial Applications").

FiNetrics plans to deliver a Financial EcoCenter™ that will enable small- to mid-size businesses to leverage a comprehensive suite of integrated web-based financial applications and services. As the first solution that FiNetrics is launching, its online accounting system leverages the power of mySAP.comÔ to manage the rapidly evolving accounting operations of small- to medium sized enterprises. This offering allows small- to mid-size companies to outsource their financial and accounting processes, and allows them to be more cost effective and efficient in focusing on their core business competencies.

"Until now, best accounting practices from enterprise software providers such as SAP were not an option for small to mid-sized enterprises because it was cost prohibitive and not scaled to fit their business requirements," said Adrian Ionel, chairman and CEO of eOnline, Inc. "As the ASP market is quickly evolving, we are thrilled to have partnered with Finetrics to be first to market for online financial solutions from SAP."

"We chose eOnline to provide the infrastructure for our online Financial EcoCenter based on the company's reputation for service delivery," said Ken Mueller, CEO and president of FiNetrics. "We evaluated other providers, but in this rapidly moving Internet world, we needed a partner with a proven track record for delivering SAP solutions in a hosted, managed environment. With eOnline attaining the most SAP clients in just one year of its inception, we aligned ourselves with a company that had a similar philosophy of exceeding client and market expectations."

About FiNetrics
FiNetrics, Inc., is an online Financial EcoCenter that provides a comprehensive suite of integrated web-based financial applications and services to small- to medium-sized businesses. The FiNetrics EcoCenter will consolidate and integrate the fragmented financial services market for the small- and medium-sized business customer into a single resource offering accounting and tax, banking, insurance, leasing and payroll solutions, freeing businesses from costly investments in the technical and human infrastructure to support such systems. For additional company or product information, please call 630-799-7500 or visit the website at www.FiNetrics.com.

FiNetrics is a registered trademark of FiNetrics, Inc. All other trademarks are the properties of their respective companies.

About eOnline, Inc.
eOnline delivers leading enterprise business applications in a managed environment to provide end-to-end eBusiness solutions. Clients receive the highest quality service and expertise for rapid deployment of eCommerce, business-to-business and enterprise applications solutions that are tailored and industry-specific. Founded in 1999 and led by a management team of top industry professionals, eOnline is committed to providing companies of all sizes with world-class eBusiness solutions through guaranteed service level agreements and at a price point previously unavailable. With the largest and fastest growing client base, eOnline is SAP certified and leads the market for SAP solutions in the application service provider (ASP) model. For more information contact our website at www.eOnlineinc.com. eOnline, Inc. - The ASP for Market Leaders.

eOnline is a trademark of eOnline, Inc. SAP and all SAP product and service names herein are trademarks or registered trademarks of SAP AG. Other product and company names herein may be trademarks of their respective owners. © Copyright 2000 eOnline, Inc.

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