I-Stream Forms Alliance with Universal Data Interface Corporation

I-Stream to add UDI-Powered Solutions to its core offerings

NEW YORK, December 15, 2000 - I-Stream, Inc., a leading provider of consulting services and custom software development for Internet and enterprise application software companies, today announced a strategic alliance with Universal Data Interface Corporation (UDICo), a leading XML- based middleware company. I-Stream will provide expertise and resources to help deploy and develop solutions using UDICo's product, the Universal Data Interface (UDI), a best of breed XML-based middleware solution.

I-Stream consultants will receive training for the UDI, which was designed to overcome one of the biggest hurdles facing organizations today - seamlessly linking internal systems infrastructure and connecting it to the B2B environment. This is possible because the UDI links these systems without using compiled languages like C++, Java, or Visual Basic. Companies that use UDI will be able to access their legacy data and engage in B2B e-commerce more efficiently and effectively.

"We are excited to have the opportunity to work with UDICo and its best of breed middleware solution," said Steve Denton, President of I-Stream. "I-Stream has always been committed to learning new technologies while maintaining a superior standard of professional services, and our alliance with UDICo will allow our organization to continue that tradition."

"We are very pleased to sign this strategic alliance with I-Stream. Together we are creating a methodology for accelerated deployment of UDI products to enable rapid adoption of standards-based B2B and EAI solutions", said Adam Greissman, Founder and CEO. "This partnership opens vast market opportunities, and gives us resources to execute our strategic vision."

About I-Stream

I-Stream is located at 3103 Bee Caves Rd, Suite 105, Austin, Texas 78746. Telephone: (512) 329-0355. Fax: (512) 329-0758. World Wide Web address: http://www.i-stream.com.

About Universal Data Interface Corporation (UDICo)

UDICo is an emerging leader in the data integration needs of today's growing businesses. Founded in July 2000, UDICo's goal is "data without borders" for any enterprise that needs it: data that can be used quickly, openly, and seamlessly across disparate systems. This lets IT departments get back to mission critical projects without requiring the time and trouble to custom code solutions to myriad middleware problems. UDICo is based in New York City and is privately held. For more information, visit www.udico.com.