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Press Releases 2003
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Syngenta Selects Emagia To Improve Cash Flow Management


Emagia Collaborative Finance Suite 3.2 Chosen To Optimize Cash Inflow and Improve Collections Efficiency

SANTA CLARA, Calif., Feb 25, 2003 - Emagia Corporation, the cash flow management software company, today announced that Syngenta (NYSE: SYT), a world-leading agribusiness, has selected Emagia Collaborative Finance Suite 3.2 to manage its accounts receivables and collections. A leader in crop protection and the high-value commercial seeds market, Syngenta aims to improve its cash flow processes with Emagia.

"We needed a solution that would enable us to get a better handle on our cash flow processes," said Bert H. McCuiston, Syngenta head of credit, receivables and cash management. "The complexity of cash flow processes with our distributors, agents and customers requires a technology solution that can help our staff stay on the top of collections issues. We evaluated a number of options and believe Emagia's solutions are best-of-breed both in functionality and technology."

Emagia Collaborative Finance Suite will be deployed over Syngenta's SAP Financials and rolled out to the entire accounts receivables collections department. In-depth customer relationship mapping for portfolio management coupled with robust collections strategy management will help Syngenta increase collections efficiency. The suite also will connect Syngenta to its customers, distributors and agents to process customer portfolios and collect money more quickly via web-based collaboration technology.

Syngenta will use Emagia's out-of-the-box EAI (Enterprise Application Integration) kit for integration with its SAP system, keeping the implementation cycle short and allowing Syngenta's IT staff to focus on other initiatives.

"We are pleased to add Syngenta to our portfolio of major enterprise customers," said Veena Gundavelli, president and CEO of Emagia. "Signing Syngenta again confirms Emagia's strength in managing complex cash flow environments for multi-billion dollar corporations".

About Emagia Collaborative Finance Suite

Emagia Collaborative Finance Suite provides invoice-to-cash management of the accounts receivables process. It is the only web-based product offering portfolio management, collections management, deductions management and online customer financials service. Collaborative Finance Suite streamlines day-to-day accounts receivables operations and enables connectivity and collaboration between sales departments, customer service departments and customers.

About Emagia
Emagia Corporation is a privately held company providing collaborative e-business software solutions that streamline and automate cash flow processes for medium-to-large enterprises. Headquartered in Santa Clara, Calif., Emagia's products integrate with SAP, Oracle, BaaN, PeopleSoft, other leading back-office financial systems and most legacy systems.

Contact Information
Media contact: Irwin Soonachan, Emagia Corporation, (408) 551-4903.
For general information, call 866-EMAGIA-1.

Emagia is a registered trademark of Emagia Corporation.
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