(EMAILWIRE.COM, January 12, 2001 ) PLANO, TX, - MindFlow Technologies, Inc., a leading supplier of intelligent e-business applications for Strategic Sourcing Management, today announced that it has been included in the LocalBusiness.com Top 50 to Watch list for Greater Dallas for first quarter, 2001. This is the third consecutive quarter that MindFlow Technologies has received this distinction. The Top 50 to Watch list from LocalBusiness.com spotlights emerging privately and publicly held companies in various regions of the United States. It identifies companies with the potential to be strong performers and newsmakers in the upcoming financial quarter.In November, MindFlow was also recognized by Computerworld magazine as one of the "Top 100 Emerging Companies to Watch in 2001." Jay Reddy, CEO, MindFlow Technologies said, "We have built a product that can increase customer's earnings per share by 10-20%. The increase isn't a result of creating new business, but of doing existing business better. Our product suite provides customers with the ability to create an efficient, low-cost, and highly responsive supply chain that becomes a main part of their competitive advantage. I am very grateful that the media continues to recognize the uniqueness of our product in a crowded and uncertain marketplace."Last month MindFlow Technologies released ProcureMind 1.6, upgrading the integrated software suite. ProcureMind supplies e-business applications for Strategic Sourcing Management that put purchasing managers in control of the purchasing process by enabling a quick, sophisticated analysis of multiple key purchasing variables. Results include dramatic reductions in negotiation cycle time, decision-making time and total acquisition costs, as well as substantial improvements in quality.About MindFlow Technologies, Inc. MindFlow Technologies' strategic sourcing applications enable purchasing professionals to save millions of dollars in purchasing expenditures and months in making decisions, while also exploring new sourcing opportunities and building long-term relationships with vendors. MindFlow's Strategic Sourcing Management software suite, ProcureMind, offers the ability to bundle and unbundle supply chain elements to create new sourcing models, help assure constant supply, provide real-time analysis to strengthen supplier negotiating positions, enable best practices to be archived and distributed within companies, and it is fun to use. MindFlow Technologies is located at 6504 International Parkway, Suite 2400, Plano, TX 75093. For more information, please visit www.mindflow.com or contact Stephanie Oakley, Associate, Peter Arnold Associates, stephanie@parnold.com, Wellesley, Massachusetts, 781/239-1030.

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