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Commerce One Reports Record Third Quarter 2000 Results;
Revenues Increase 987% to $112.7 Million; Net Operating Loss Per Share of $0.09 Beats Estimates

Business Editors

PLEASANTON, Calif.--(BUSINESS WIRE)--Oct. 19, 2000--

Company Accelerates Progress to Profitability;

Commerce One Claims Decisive E-Marketplace Leadership in

Strategic Industries and Global Markets

Commerce One, Inc. (Nasdaq:CMRC), the leader in global e-commerce solutions for business, today announced financial results for the quarter ended September 30, 2000.

Revenues for the current quarter totaled $112.7 million as compared with $10.4 million for the corresponding quarter in 1999 and $62.7 million for the quarter ended June 30, 2000. This represents an increase of 987% over revenues for the quarter ended September 30, 1999 and 80% over revenues for the quarter ended June 30, 2000. Net loss for the current quarter, excluding non-operating charges, was $14.7 million, or $0.09 per share, as compared to $10.3 million, or $0.07 per share, for the corresponding quarter in 1999 and $16.2 million, or $0.10 per share, for the quarter ended June 30, 2000. Including all charges, the net loss for the current quarter was $60.6 million, or $0.37 per share, as compared with a net loss of $10.4 million, or $0.07 per share, for the corresponding quarter ended September 30, 1999, and $43.1 million, or $0.28 per share, for the quarter ended June 30, 2000.

"Our excellent sequential revenue growth for the quarter reflects our successful drive toward clear market leadership," said Mark Hoffman, chairman and chief executive officer of Commerce One. "We have outpaced the competition by gaining the highest share of e-marketplace participation in strategic industries and global markets. With our acquisition of AppNet and alliances with SAP and others, we have also laid the foundation for the future, enabling Commerce One to further meet customer requirements in tomorrow`s B2B market."

"We continue to make good progress on our path to profitability," said Hoffman. "In July 2000, we moved our profitability target date from the fourth quarter of 2001, to the third quarter of 2001. Based upon my assessment of our performance, today I am moving our profitability target date up to the second quarter of 2001."

Quarterly Highlights

The following milestones were completed or announced during the third quarter of 2000:

-- Commerce One added 96 new customers for the quarter bringing

the total customer count to 316 (excluding customers acquired

through the merger with AppNet, SAP customers who have

received shipments of Enterprise Buyer, the joint procurement

solution, and the more than 50 business service providers

whose services are now available through Commerce One.net).

New customers included mega exchanges, regional

e-marketplaces, net market makers and enterprise customers.

-- Commerce One`s Global Trading Web of e-marketplaces continued

its rapid expansion to include 107 e-marketplaces, 47 of which

are currently operational. E-marketplaces recently going live

include Pantellos, Trade Alliance, Com2B and Exostar.

-- The company completed its acquisition of AppNet, Inc., the

premier provider of end-to-end Internet professional services.

The acquisition allows Commerce One to significantly enhance

its ability to deliver e-commerce services to its customers

and accelerates the pace of implementation for its

e-marketplaces worldwide.

-- Commerce One and SAPMarkets rolled out their jointly developed

products, MarketSet and Enterprise Buyer, which combine

Commerce One`s e-marketplace infrastructure with

e-procurement, supply chain, product planning and analysis

applications from SAP and SAPMarkets.

-- SAPMarkets and Commerce One announced four jointly-enabled

e-marketplaces, including eHITEX, Enporion, Quadrem (Mining

and Metals), and ForestExpress, illustrating the immediate

traction gained by this important strategic alliance.

-- Commerce One announced new and expanded strategic alliances

with Microsoft, Intershop, GE Global eXchange Services,

Computer Sciences Corporation and Sterling Commerce. These

stragegic alliances greatly increased the potential number of

on-ramps to the Commerce One Global Trading Web.

-- Microsoft and Commerce One formed an alliance to drive the

growth of e-marketplace adoption and to develop and deliver

Commerce One e-marketplace infrastructure technologies

optimized for the Microsoft.NET Platform.

-- Commerce One launched the Commerce One Affiliate Program to

syndicate business services for e-marketplaces. More than 50

business services providers now make their services available

to buyers and suppliers on Commerce One.net(TM) and through

syndication to other e-marketplaces.

-- Commerce One`s eLink 2000 conference on global e-commerce

attracted over 2,500 procurement, IT, marketing and financial

executives. The next eLink conference will be held in Hong

Kong, November 28-30, 2000.

About Commerce One

Commerce One (Nasdaq:CMRC) is the leader in global e-commerce solutions for business. Through its products and services, Commerce One creates access to worldwide markets, allowing anyone to buy from anyone, anytime, anywhere. The Commerce One Global Trading Web(TM) is the world`s largest business-to-business trading community. Comprised of many open e-marketplaces, the Global Trading Web provides unprecedented economies of scale for buying organizations, suppliers, and service providers worldwide. Through its alliance with SAPMarkets, Commerce One enables enterprises and communities of all sizes and industries to more efficiently conduct collaborative business on the Internet. Commerce One is located in Pleasanton, Calif., and can be reached by phone at 800/308-3838 or 925/520-6000 or via the Internet at www.commerceone.com.

Forward Looking Statements

The foregoing paragraphs include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include statements concerning the market leadership of Commerce One as the provider of e-commerce solutions, the outpacing of Commerce One`s competition, and the ability of Commerce One to meet its customers` requirements in tomorrow`s B2B market. These statements are subject to risks and uncertainties. Actual results may differ materially from those described in such statements as a result of a number of factors. These factors include, but are not limited to: Commerce One`s limited operating history, history of losses and anticipation of continued losses, potential volatility of quarterly operating results, the ability of Commerce One to successfully implement its expansion plans, unexpected operational difficulties, risks related to the Internet, general economic conditions, and intense and increasing competition in the market. For a discussion of these and other risk factors that could affect Commerce One`s business, see "Risk Factors" in Commerce One`s filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 1999 and its quarterly report on Form 10Q for the quarter ended June 30, 2000.

Note to Editors: Commerce One, Many Markets. One Source. Global Trading Web, BuySite, MarketSite, Global Trading Platform, Common Business Library, XML Development Kit, XML Commerce Connector, MarketSite Builder, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc. Enterprise Buyer and MarketSet are trademarks of Commerce One, Inc. and SAPMarkets, Inc. All other company, product, and brand names are trademarks of their respective owners.

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Commerce One, Inc.
Consolidated Statements of Operations
(In thousands, except per share data)
(unaudited)

Three months ended Nine months ended
September 30, September 30,
2000 1999 2000 1999

Revenues:
License fees $ 65,863 $ 7,778 $ 133,937 $ 11,504
Services 46,821 2,585 76,460 5,165

Total revenues 112,684 10,363 210,397 16,669

Costs and expenses:
Cost of license fees 1,887 278 3,959 278
Cost of services 37,613 4,490 68,756 9,254
Sales and marketing 49,970 9,361 100,404 19,758
Product development 26,693 5,353 61,616 12,324
General and
administrative 11,239 1,226 20,553 2,976

Total costs and
expenses 127,402 20,708 255,288 44,590

Loss before interest,
income tax,
purchased in-process
research and development
and amortization (14,718) (10,345) (44,891) (27,921)

Purchased in-process
research and development - - 5,142 3,037
Amortization of deferred
stock compensation 4,496 531 12,822 1,778
Amortization of goodwill
and other intangible
assets 43,282 1,053 87,686 2,977
------ ----- ------- -----
47,778 1,584 105,650 7,792

Loss before interest and
income tax (62,496) (11,929) (150,541) (35,713)

Interest income, net 2,772 1,573 5,495 1,806
Provision for income taxes 922 - 2,392 586

Net loss $(60,646) $(10,356) $(147,438) $ (34,493)

Basic and diluted
net loss per share $ (0.37) $ (0.07) $ (0.94) $ (0.31)

Shares used in calculation
of net loss per share 165,537 139,416 157,401 109,992

Net loss per share before
interest, income tax,
purchased in-process
research and development
and amortization $ (0.09) $ (0.07) $ (0.29) $ (0.25)


Commerce One, Inc.
Consolidated Balance Sheets
(In thousands)

ASSETS
September 30, December 31,
2000 1999
(unaudited)
Current assets:
Cash and cash equivalents $ 354,668 $ 124,606
Accounts receivable, net 127,475 15,845
Prepaid expenses and other
current assets 18,499 4,656

Total current assets 500,642 145,107

Property and equipment, net 79,082 11,892
Intangible assets, net 1,725,983 227,611
Investments and other assets 13,898 -

Total assets $ 2,319,605 $ 384,610

LIABILITIES AND STOCKHOLDERS` EQUITY

Current liabilities:
Accounts payable $ 21,031 $ 6,885
Accrued compensation and
related expenses 41,839 3,972
Deferred revenue 94,504 40,414
Other current liabilities 83,457 16,356

Total current liabilities 240,831 67,627

Notes payable 3,592 262

Stockholders` equity 2,075,182 316,721

Total liabilities and
stockholders` equity $ 2,319,605 $ 384,610




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[amnesia]

Danke für das Posting, aber mein Englisch ist eher mager.

Heißt das jetzt ich werde mit meinen OS reich oder arm???????

cu, am