January 14, 2002

INTEGRES ANNOUNCES $27 MILLION IN NEW FUNDING
Funding From Technology Crossover Ventures and Strategic Partners Strengthens Focus On Business Of Moving Heavy Freight

Rancho Cordova, Calif. (January 14, 2002)—Integres today announced securing $27 million in equity financing from Technology Crossover Ventures (TCV) and other strategic partners, bringing total funding to-date to $40 million. Integres, a virtual integrator, provides a one-stop door-to-door solution for the shipment of expedited heavy freight, enabling small to medium-sized shippers to benefit from "Fortune 500" pricing and service reliability. Integres has developed a global network of transportation service providers that is enhanced by strategic partnerships—including American Airlines, Roadway Corporation, United Airlines, US Airways, and UTi Worldwide. This network provides Integres with competitive rates, preferred access to capacity, established distribution channels, and, in many cases, revenue commitments.

"With this funding Integres is positioned to focus on accelerating our growth and furthering our leadership in the heavy freight industry," said Jim Hartigan, Integres CEO and president. "TCV, the premier provider of growth capital to technology companies, brings a unique blend of technology investing experience and Fortune 500 operational expertise to our board of directors."

"The combination of a fragmented $50 billion expedited domestic and international heavy freight market, key strategic partnerships and an extremely seasoned and savvy management team, provides Integres with significant competitive advantage," said TCV general partner, Henry Feinberg. "Integres' sophisticated and robust IT platform also enables a previously unavailable level of service quality to small and mid-sized shippers who are demanding end-to-end visibility of their shipments and access to fully integrated eLogistics capabilities."

"In the face of an extremely difficult funding environment for emerging companies, we are very pleased with our investors' confidence in our business plan and management team by making this significant investment in Integres," said Jeffrey Horine, executive vice president and chief financial officer for Integres. "This latest round of funding ensures that Integres will have sufficient capital to deliver on its value proposition to shippers of expedited heavy freight for many years to come."

Soon Integres partners and their customers will have access to real-time shipping data via a proprietary Web portal that integrates strategic transportation providers with leading-edge transportation management technology. The Integres portal allows customers to easily communicate with transportation partners, effectively execute time-definite transactions, and meet critical deadlines with predictable and affordable service. Integres also provides a way for its transportation providers to improve their service levels and meet heightened shipper demands with this breakthrough new service. In addition, Integres allows its partners and affiliates to compete with integrators via instant access to critical logistics management resources, including dynamic pricing, routing and tracking information, reporting, payment and claims processing.

About Integres, Inc.
Integres is an integrated airfreight and logistics service provider that combines the assets and experience of world-class transportation carriers with the power of Internet technology to offer small and medium-sized shippers a single source solution for multi-modal shipment of heavy freight. For more information, visit www.integres.com.

About Technology Crossover Ventures
Founded in 1995, TCV is the premier provider of growth capital to technology companies. With its crossover investing model, TCV provides funds to expansion and late stage private companies, as well as public companies. Additionally, TCV manages a technology focused public market hedge fund, the TCV Franchise Fund. Over the past six years, TCV has invested in a number of public companies, and over 125 private companies, 34 of which have successfully completed their initial public offerings. With over $2.5 billion under management, the firm has 12 partners and is headquartered in Palo Alto, Calif.. For more information about TCV, visit the Web site at www.tcv.com.