ENVIANCE RAISES $10 MILLION TO DRIVE GROWTH

Investors, including Enterprise Partners Venture Capital, back proven EH&S compliance leader

January 13, 2004, CARLSBAD, CA Enviance, a provider of Internet-based solutions that streamline the management of complex environmental, health and safety (EH&S) compliance activities, today announced that it has secured a $10 million round of funding. With its Microsoft .NET certified solutions already in use by more than forty leading organizations, Enviance will use the funds to drive growth, expanding its marketing, sales and customer support activities.

The round was led by San Diego-based Enterprise Partners Venture Capital (EPVC), with additional participation from individual investors. EPVC, with over $1 billion under management, is the largest venture capital firm in Southern California and a recognized leader in the venture capital community. The firm adds Enviance to its portfolio at a time when environmental, health and safety compliance management is poised for growth.

Given government’s emphasis on corporate ethics, accountability and governance, we believe that companies will follow the early leaders and turn their attention to applying technology to the task of gaining control over environmental compliance, said Tom Clancy, Managing Director Partner, Enterprise Partners Venture Capital and a member of Enviance’s board of directors . With an impressive base of Fortune 500 companies, Enviance is the clear leader in minimizing risk through the automation of environmental compliance management.

Since its founding in 1999, Enviance has raised a total of $22 million. The investment from EPVC is the first from a venture capital firm.

Having the backing of a respected firm like Enterprise Partners validates our leadership position in this burgeoning market, said Lawrence Goldenhersh, founder and CEO of Enviance. Our Internet-based, on demand system solves the data management struggle that consumes more than two-thirds of U.S industry’s environmental budget. The fact that industry leaders have selected Enviance over the last several years, when companies were cutting costs rather than spending, proves that we have met a driving need to increase efficiency and improve environmental performance.

About Enterprise Partners Venture Capital

Enterprise Partners is the largest venture capital firm in Southern California, with more than $1 billion in assets. The firm provides capital and strategic guidance to early stage and emerging growth companies in networking and telecommunications, enterprise software, semiconductors and computing, life sciences, and the convergence of those technologies across a broad array of markets.

About Enviance

Enviance helps organizations improve their performance and manage the risk associated with ensuring compliance with environmental, health and safety (EH&S) regulations. The first Internet-based system for the collection, distribution, analysis and reporting of EH&S data and information, Enviance offers a comprehensive, flexible, standards-based platform for EH&S compliance management. Many leading organizations trust Enviance to help them reduce the time and cost of managing compliance activities, retain organizational memory, and confidently certify compliance. Founded in 1999, privately held Enviance is based in Carlsbad, California. For additional information, visit www.enviance.com; to request a demonstration, e-mail demo@enviance.com.

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