2008-09-09 23:46:03 -

- Amalto Technologies Jean-Pierre Foehn, 1-832-239-5355 jeanpierre.foehn@amalto.com Amalto Technologies today announced that Chevron U.S.A. Inc. has selected its b2een solution to enable exchanges of electronic documents with suppliers across Chevron businesses.

Amalto b2een combines a light web 2.0 client software providing a secured transport mechanism of encrypted documents between the trading partners and a SaaS* platform to manage the

validation, transformation and routing of the transactional documents. The solution proposed by Amalto allows large organizations to capture 100% of their suppliers in their electronic B2B initiatives.

With b2een, SMEs have an easy way to send their invoices directly to their customer's back office systems and get paid rapidly. b2een's ease of installation and use is one of the levers that would allow Chevron to achieve its objectives of capturing 100% of its procurement transactions electronically.

Amalto CEO, Jean-Pierre Foehn, stated, "Amalto brings to mid-size companies in the Oil and Gas industry a new way to enable exchanges of purchase orders, invoices and industry specific documents like field tickets with their large customers. With the support of Chevron, an undisputed leader in electronic procurement, Amalto demonstrates that the benefits of B2B electronic transactions are accessible to trading partners of all sizes. By selecting b2een, Chevron opens a new era in electronic procurement. Amalto's in-depth knowledge of the Oil and Gas industry processes and of its various trading partners has led to the development of b2een's innovative approach to B2B electronic exchanges."

About Amalto

Amalto is a leading provider of solutions enabling B2B transactions for the Oil and Gas industry. With its b2box, a PIDX** compatible software solution, Amalto brings to mid size equipment and service providers an easy way to transact with their trading partners directly from their back office systems. With b2een, Amalto enables exchanges of documents like invoices or field tickets between peers of the same trading communities through a very intuitive but secured environment.

More information is available at www.amalto.com or by calling + 1 650-577-2348

* SaaS: Software as a Service

** PIDX (Petroleum Industry Data Exchange): XML standard supporting exchanges of business documents in the Oil and Gas industry

Amalto's Breakthrough b2een Solution to Boost Adoption of B2B
Electronic Transactions for Chevron Suppliers