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Deployment of Exostar’s SourcePass Wins BAE Systems Chairman’s Award

  Deployment of Exostar’s SourcePass Wins BAE Systems Chairman’s Award

 Solution Recognized for Advances to Type 26 Ship Development Program for UK
                             Ministry of Defence

Business Wire

HERNDON, Va. -- October 24, 2013

Exostar, whose cloud-based solutions enable secure, cost-effective
business-to-business collaboration, today announced its e-sourcing solution,
SourcePass, is part of a winning nomination for a BAE Systems Chairman’s
Award. BAE Systems’ Maritime – Naval Ships organization received bronze-level
recognition in the Transferring Best Practice category at an October 17^th
ceremony for its work with Exostar in support of the Type 26 ship development
program for the UK Ministry of Defence.

BAE Systems had a long track record of successfully using Exostar’s SourcePass
on other programs to:

  *Streamline and standardize sourcing processes, including creating a
    tender, responding to queries, and evaluating supplier proposals;
  *Improve accountability, visibility, and auditability for BAE Systems, its
    customers, and its suppliers throughout the sourcing process; and
  *Reduce cost through resource efficiency and more competitive bidding via
    reverse auctions.

However, the highly-sensitive nature of Type 26 program information meant any
sourcing solution had to comply with UK Government rules and regulations
defining where applications are hosted, where information is stored, and how
information is transmitted. Because Exostar’s SourcePass was hosted in the
U.S., it could not be leveraged for the Type 26 program.

To ensure compliance with requirements, Exostar worked with Maritime – Naval
Ships personnel to deploy a new SourcePass instance on a secure BAE Systems
server in the UK. To further enhance security, Exostar:

  *Connected the UK SourcePass instance to its Managed Access Gateway to
    allow BAE Systems to simply administer and grant access to the system; and
  *Provided BAE Systems with one-time password hardware tokens it could issue
    to its suppliers and customers to enable confirmation of user identities
    with strong two-factor authentication to control system access and protect
    sensitive information.

“The Chairman’s Award is a testament to the highly-collaborative effort
between BAE Systems and Exostar to overcome a challenge and bring the right
solution to bear,” said Elliot Webber, Supply Chain Lead, Project BOLT
eSourcing, BAE Systems. “Without SourcePass, we were looking at a longer
sourcing process where governance would be more difficult to enforce. Instead,
we found a way to allow our business to realize the advantages of SourcePass
in a restricted environment, and that benefits our company, our customer, and
our suppliers.”

The annual Chairman’s Awards were established in 1996 to recognize people
whose ideas, actions, and behaviors make BAE Systems a more competitive
company, deliver benchmark performance, and further the company’s values. The
Transferring Best Practice award category focuses on efforts that provide
significant value to the business from the sharing of knowledge, technology,
and ideas across BAE Systems, and can originate from within the company, a
partner organization, or an external company. Evaluation criteria include
level and effect of benefits, value to the customer, applicability across the
company, potential for competitive advantage, and corporate responsibility.

“The Type 26 program is a centerpiece of the Royal Navy’s future and the ships
BAE Systems builds will be a critical component of the UK’s national defense,”
said Dan Pfeifle, Exostar’s Vice President of Sales and Marketing. “We are
fully-committed to working together with the Naval Ships organization to
ensure their success through the duration of the program, and we are pleased
to have helped their team achieve the recognition they deserve from the
company.”

About Exostar

Exostar powers secure business-to-business information sharing, collaboration
and business process integration throughout the value chain. Exostar supports
the complex trading needs of many of the world's largest companies in
aerospace and defense, life sciences, and other industries. Exostar’s
cloud-based identity assurance products and business applications reduce risk,
improve agility and strengthen trading partner relationships and profitability
for over 100,000 companies in 150 countries worldwide. The Exostar community
includes market leaders such as AstraZeneca, BAE Systems, Bell Helicopter, The
Boeing Company, Computer Sciences Corporation, Lockheed Martin Corp., Merck,
Newport News Shipbuilding, Northrop Grumman, Raytheon Co. and Rolls-Royce. For
more information, please visit www.exostar.com.

Contact:

Exostar
Media Contact:
Alan Gilbert
703-793-7735 (o)
703-624-4675 (m)
Alan.Gilbert@exostar.com