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RNS Number:1255P
Cedar Group PLC
8 August 2000


    CEDAR PROVIDES ASP SERVICES TO THE TWISTER VENTURE OF SHELL TECHNOLOGY    
                           INVESTMENTS PARTNERSHIP                            

Cedar Group Plc announced today the signing of an ASP contract with the
"Twister" venture of  Shell International Exploration and Production B.V.

This contract is for delivery of the Group's flagship ASP product, Cedar
Financials, and includes the enterprise time management application Cedar
Track.  It validates the ASP business model for multinational organisations
where the strategy is to reduce the overhead on internal IT infrastructure by
outsourcing, wherever cost beneficial.

The solution is supported by Cedar's partners, WorldCom and Compaq and marks
the first major Application Service Provision (ASP) contract in the Oil and
Gas industry.  It is delivered from the eCedar 'server farm' in London
Docklands.

Kees Tjeenk Willink, CEO of the "Twister" venture of Shell, said: 

"We have evaluated providers of financial management and accounting.  The
eCedar ASP system was selected because of its ability to support our go-live
date of September 1st, coupled with the product fit to the organisational
needs within the start-up "Twister" venture.   With these considerations,
Cedar was chosen ahead of local and global competition as the solution is
quick to implement, and will scale immediately. Importantly, Cedar is an
applications specialist, and the eSourcing of this service directly to us
reduces our risks considerably.   The business benefits we expect are largely
associated with reducing operating costs, whilst retaining a flexible
financial and MIS capability.  We can now scale our needs quickly and
efficiently whilst having full visibility of our financial position."  

Mike Harrison, Managing Director of Cedar said:

"This contract further confirms that Cedar is on course with its strategy for
delivering enterprise solutions that meet the market and deliver results. 
From the outset we have crafted our ASP solution to suit the fast-growing
commercial enterprise, and the adoption of our model by a venture in Shell
validates our product set, service set and overall commercial attitude within
this growing segment of the enterprise computing marketplace.  We anticipate
further contracts of this kind in the near future, and will build on this
success by developing our ASP capability further, and delivering the solution
across a range of market sectors.  The considerable skills and investment we
have put into development of our ASP market position are now paying off."

About eCedar
eCedar provides a comprehensive financial management and MIS solution that
includes a complete technical and network infrastructure.  The proposition has
been designed for remote working and delivery through the Internet, and
incorporates sophisticated technologies, which allow 'Screen to Screen'
customer care.  The eCedar proposition includes a broad range of functional
capability and is highly configurable; it is suitable for all service based
organisations, large or small.

eCedar is for:
Fast growing organisations who need to minimise the time spent on internal
processes and systems.
Organisations who require a broad range of functionality and scalability to
manage their evolving needs
Organisations where speed of application and time to market are key objectives

The primary eCedar data centre at London Docklands is based on the UUnet data
backbone, the largest in the UK and a wholly owned subsidiary of WorldCom.
The charging structure is based upon an initial set-up charge followed by a
predictable recurring service fee.  eCedar can be delivered world-wide, and is
marketed  primarily to organisations based in the UK and US.   The eCedar
model has already been adopted by a number of other service providers such as
PeoplesNet in the UK (Marketed to the SME sector) and ReSource Phoenix, in the
US (packaged with financial accounting bureau services).


For further information please contact:

Matt O'Donnell, 
+44 1932 584035  +44 7771 906137
matt.odonnell@cedargroup.co.uk 
www.cedargroup.co.uk 

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