Admiral William O. Studeman Accepts Position on Premenos Board of Directors Concord, Calif., 28 Feb 1996 -- Premenos Technology Corp., a leading provider of electronic data interchange (EDI) software solutions for electronic commerce applications, today announced the election of Admiral William O. Studeman, U.S. Navy-retired, to its Board of Directors effective immediately. Studeman will also act as consultant on special projects including security and encryption issues. Admiral Studeman, age 56, is the former Deputy Director of Central Intelligence and served for five months in 1995 as the acting Director of Central Intelligence. He retired from the Navy in October 1995. Prior to his assignment at the Central Intelligence Agency (CIA), Studeman was the Director of the National Security Agency (NSA), and before that was the Director of Naval Intelligence. In these positions, Studeman was involved in attempting to develop public policies and technologies that addressed the complex and often conflicting issues of enhanced economic competitiveness, law enforcement's warranted requirement for information transparency in pursuit of criminal investigations, national security interest in combating potential information warfare threats, and the country's overall increased need for enhanced protection of its information-related systems and applications. In commenting on his election to the Board of Premenos, Studeman stated that "Premenos is not only a leader in facilitating the promising future of electronic commerce, it is the first company in the marketplace with a product line for enhanced protection, security and integrity for the Internet and other electronic communications-related business transactions." Studeman added, "In working with Lew Jenkins and others in the company, I have an opportunity to better frame the government-industry dialogue and define the infrastructure, standards, regulatory, technical and other directional factors which must be addressed for electronic commerce -- a rapidly evolving industry segment so fundamental to the future of the American lifestyle and national security." Lew Jenkins, chairman and founder of Premenos said, "The infrastructure for moving critical business data over the Internet is crucial to the success of electronic commerce. We welcome Admiral Studeman to our team and look forward to his help in developing a trusted model for the electronic commerce market and establishing a solid infrastructure similar to the stringent military requirements that have been in place for decades." About Premenos Corp. Premenos is setting the agenda for electronic commerce and EDI through open networks such as the Internet. Premenos EDI software is an enabling strategy for transforming how corporations conduct business in extended enterprises using electronic communications. Templar -- a suite of software and services that enable businesses to send and receive EDI documents securely and reliably over the Internet -- was awarded the EMA '95 Electronic Commerce Product Excellence Award recognizing the most innovative new product debuted at EMA's annual conference. Premenos products support the IBM AS/400, RISC System/6000, HP 9000, SunSparc, Windows 3.x, NT and Windows 95. Premenos has a worldwide presence with sales offices in California, London and Paris. Contact Premenos World Wide Web (WWW) home page at http://www.premenos.com to access over 3000 pages of information on electronic commerce, EDI, standards, as well as Premenos corporate information materials. --