Centerstone's e-Center One in Combination with PeopleSoft 8 Brings All Workplace Data Together for Strategic Decision Making

Westwood, Mass.--December 2, 2002--Centerstone Software, a pioneer in Workplace Resource Management, today announced that it has become a PeopleSoft ® (Nasdaq: PSFT) Alliance Partner. Centerstone's e-Center One® customers using PeopleSoft applications to manage human resources and financial assets can easily integrate data from those applications into e-Center One, a collaborative product suite for workplace managers and executives that ties together data from disparate sources creating a global view of the entire workplace for strategic decision making.

"Managing the workplace today is tremendously challenging, especially since most large organizations keep the critical data needed to make sound business decisions hidden away in independent silos," says Matthew Meyer, founder and chief strategy officer for Centerstone Software. "e-Center One takes these silos of information and creates a centralized view of the global workplace which drastically improves decision making across traditionally disparate sources. The integration with PeopleSoft software makes this process simple, and allows our customers to realize immediate benefit from using Centerstone and PeopleSoft products together."

In today's volatile economy, businesses need to operate with new levels of agility. This includes carefully managing their facilities, one of the largest items on many companies' balance sheets. e-Center One combined with PeopleSoft software allows businesses to gain a single, desktop view of total facilities costs, including cost per square foot and space and capacity plans to match current workforce needs. More than half of Centerstone's customers use PeopleSoft applications, including PeopleSoft Human Capital Management and PeopleSoft Financial Management Solutions. By integrating existing data from these and other applications into e-Center One, organizations can immediately understand how changes in the global workforce impact workplace requirements from both a practical and financial standpoint.

"Our partnership with Centerstone Software is a win for our customer base at large," says Anita Engles, product strategy manager, PeopleSoft Financial Management Solutions. "e-Center One's workplace resource management capabilities are a logical complement to Peoplesoft's enterprise application suite. An integrated solution allows organizations to make strategic workplace decisions that directly impact their bottom line."

About Centerstone
Centerstone Software offers an integrated Internet hosted model delivering a complete offering of Workplace Resource Management capabilities. Centerstone's flagship product, e-Center One®, is the industry's first integrated Internet solution that provides a secure, centralized platform for workplace information. With e-Center One, corporate managers and service vendors gain real-time access to a full range of critical workplace resource data, including floor plans, real estate portfolios, equipment locations, lease information, life-safety, operations management, evacuation information, personnel locations and more. Centerstone's extensive client roster includes PeopleSoft, GENUiTY, GE Plastics, Digitas, FleetBoston Financial and Pearson Education. Founded in 1999, Centerstone is located in Westwood, Mass. Visit Centerstone on the Web at www.centerstonesoft.com.

Contact: Dana Squires Centerstone Software 781/326-1110 x 117 dsquires@centerstonesoft.com