(EMAILWIRE.COM, January 18, 2001 ) New York, New York and Montreal Canada -- The J.P. Morgan Treasury Services Unit, a unit of J.P. Morgan Chase & Co. (NYSE: JPM), has entered into a strategic agreement with BCE Emergis (TSE: IFM), an architect of B2B e-commerce services and exchanges, to implement an electronic invoice presentment and payment (EIPP) solution. The agreement was created by the J.P. Morgan Treasury Services and LabMorgan, the e-finance unit of J.P. Morgan Chase, to expand e-commerce offerings focused on competitive electronic invoice presentment and payment. Today's announcement expands J.P. Morgan Chase's already broad range of e-services offerings. J.P. Morgan Chase will offer Emergis(TM) e-Invoicing as a solution for corporate, middle market, financial institution, and net marketplace wholesale banking clients to use with their trading partners. In addition, J.P. Morgan Chase will use e-Invoicing to deliver the bank's account analyses and invoice statements to its treasury services clients globally. This decision follows the successful pilot of the service to a small group of Fortune 500 wholesale banking clients. J.P. Morgan Chase expects to roll the service out to more than 1,000 of its commercial banking clients by July 2001. By using e-Invoicing, wholesale banking clients can immediately review line item detail, download the data into a wide variety of accounts payables packages, ERP systems and other accounting software, quickly update their general ledger, and initiate on-line payments. J.P. Morgan Chase is the first cash management bank to offer its own customer analysis statements via electronic presentment and payment. BCE Emergis currently processes more than 100,000 electronic business invoices every month, demonstrating market experience and success in the electronic invoice presentment industry. "J.P. Morgan Chase is committed to harnessing the latest technologies to offer our customers customized solutions and competitive services," said Susan J. Webb, Senior Vice President, J.P. Morgan Treasury Services. "Adding BCE Emergis' capabilities to our existing robust e-solutions signifies our commitment to being a world-class e-commerce leader in finance." "Working with J.P. Morgan Chase represents a milestone in expanding our business base in the U.S., something we set out to do following our acquisition of InvoiceLink," said Brian Edwards, Vice-chairman and CEO of BCE Emergis. "This agreement builds off the depth of our expertise in the financial institutions sector and the strength of our EIPP technology, which we believe will be a critical and core e-commerce technology in the coming months and years. By working closely with the banks, such as J.P. Morgan Chase, we have a compelling opportunity ahead of us." Emergis e-Invoicing simplifies the complexity of the B2B invoicing and payment process for trading partners and billers. It provides trading partners with a secure way to electronically receive and pay invoices over the Internet, analyze invoices in their entirety or by individual line item, and track payment information and history. It provides billers with an extensive, customizable back office system to support their customer operations. J.P. Morgan Chase & Co. (NYSE: JPM, www.jpmorganchase.com) is a premier global financial services firm with assets in excess of $705 billion and operations in over 60 countries. The firm is a leader in investment banking, asset management, private equity, consumer banking, private banking, e-finance, and custody and processing services. Headquartered in New York, J.P. Morgan Chase & Co. serves 32 million consumer customers and over 5,000 corporate, institutional, and government clients. BCE Emergis is a premier B2B e-commerce infrastructure provider, strategically focusing on market leadership in the transaction-intensive eHealth and financial services sectors. By layering technologically advanced e-commerce services on existing Internet-based platforms, Emergis offers its customers increasing value in their e-commerce adoption and ever-increasing levels of sophisticated services. These scalable solutions electronically transform business processes, such as buying, selling, invoicing and payment, and enable companies to succeed in the web-centric, cost-driven, and highly competitive global Internet economy. BCE Emergis' customers include leading North American banks and insurance companies. The Company's shares are included in the TSE 100 composite index. Please visit BCE Emergis at www.emergis.com for more information. - ### - This news release contains certain forward-looking statements that reflect the current views and/or expectations of BCE Emergis with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly.

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