Nistevo(TM) Corp., leading provider of Web-based collaborative logistics services, today announced that Nestle USA has become the newest member of the Nistevo.com network, joining existing alliance members General Mills, Land O' Lakes and Graphics Packaging Corp.

Nistevo's solution is delivered as a subscription-based service that enables alliance partners to collaborate with current logistics service providers and manage annual service agreements more easily. Network members access the solution through a Web browser and it offers an immediate return with no capital investment. The alliance is expected to be online by early summer 2000.

Nestle USA plans to use the Nistevo network to provide time-forward visibility of its supply chain so it can increase capacity utilization and improve efficiencies for its carrier base. As part of the network, Nestle will also be able to leverage the available capacity of other carriers on the Nistevo.com network.

"When we evaluated our options for today's collaborative logistics solutions, we saw significant value of joining a strong network of trusted partners and selecting a Web-based technology that could accelerate our supply chain efficiencies," said Rob Iverson, senior vice president of distribution and transportation at Nestle USA. "We selected Nistevo.com."

The consumer packaged goods alliance was announced March 27, 2000. The alliance partners see the value of collaborating to dramatically improve the efficiency and effectiveness of their transportation needs. Prior to the Internet, this type of collaboration was not feasible.

Today, Nistevo's Web-based technology enables companies to make an impact on their supply chain efficiency very quickly without disrupting their current business practices.

"We are pleased that Nestle USA selected Nistevo and has joined the alliance. The strength of the network lies with the trusted partners and their ability to collaborate in real time on the Internet," said Kevin Lynch, president and chief executive officer of Nistevo.

"As the network continues to gain critical mass, the benefits to both shippers and carriers grow exponentially. Shippers can reduce the logistics spend by using assets more wisely and sharing capacity with other members of the network; and carriers can increase revenue through optimal capacity utilization. It's a win-win situation for both sides."

About Nestle USA

For well more than a century, Nestle has been making the very best food and beverage products for families around the world. In the United States, Nestle's well-known brands include: Nestle® Toll House®, NesQuik®, Carnation® Coffee-mate®, Stouffer's®, Lean Cuisine®, Nescafe®, Libby's® Juicy Juice®, Buitoni®, Taster's Choice®, Ortega®, Nestle® Crunch®, Butterfinger®, Wonka®, Friskies® Fancy Feast®, ALPO® and Mighty Dog®.

With headquarters in Glendale, Calif., Nestle USA has 19,000 employees, $8 billion in sales and is part of Swiss-based Nestle S.A. -- the world's largest food company.

About Nistevo

Nistevo is the leading provider of Web-based, collaborative logistics services. The Nistevo.com network allows major buyers, shippers and carriers to collaboratively manage the procurement and execution of logistics services throughout the supply chain via private and semi-private networks.

Through this trusted partner network, organizations can share capacity, automate interaction with carriers and streamline their supply chain processes while carriers on the network optimize their capacity.

The Nistevo network provides collaborative logistics services for various industries throughout the world. For more information about Nistevo visit the company's Web site at www.nistevo.com.