Counterparty Reference Data to be implemented first

Englewood Cliffs, NJ - December 17, 2004 - Data Foundations announced today that Glencore International AG, the Switzerland-based global commodities manufacturer and trader, has licensed OneData, the leading software for collaborative data management.

Data Foundations is a leading provider of collaborative data management solutions, introducing the concept of the Standard Data Foundation™ as an information infrastructure layer essential for organizations to become more integrated in their data assets and coherent in business processes. The company’s platform, OneData™, is utilized by enterprises including Avon Products and Pepsico to overcome challenges such as global reference data management and product data cleansing and harmonization.