World Technology Services to provide CarrAmerica with hosting expertise for J.D. Edwards Enterprise Software Applications

Seattle, Washington - August 15, 2001 - World Technology Services Corporation (WTS), the first application service provider (ASP) partner for J.D. Edwards' collaborative commerce solutions, is providing hosting services for CarrAmerica Realty Corporation (NYSE: CRE), one of the largest property developers and operators of commercial office space in the United States. CarrAmerica completed a thorough analysis of outsourcing and leading ASPs, ultimately selecting WTS.

By outsourcing its J.D. Edwards applications with WTS, CarrAmerica is able to focus on its core business of developing and operating properties. Joel Manfredo, chief technology officer and managing director for CarrAmerica, is charged with transforming the technology infrastructure of the company in order to capitalize on its business capabilities. "The selection of WTS as our application service provider is one of the first major steps toward this transformation process. We are delighted with the service, knowledge, and expertise they bring to the table," commented Manfredo.

WTS is providing a J.D. Edwards co-existence environment for over 500 CarrAmerica users in 12 markets. CarrAmerica's migration to OneWorld® has begun with the implementation of the Human Resources suite. In addition to J.D. Edwards Financials, Job Cost, Property and Contract Management, WTS is also providing hosting services for Optika, a document imaging application, and FormScape, an output management solution.

As a J.D. Edwards Business Partner, WTS specializes in providing J.D. Edwards OneWorld, WorldSoftware™, and co-existence hosting services to over 3,000 users across the United States. WTS President Tom Hughes commented, "We are very excited about the opportunity to provide valued hosting services for a company the size and reputation of CarrAmerica. ASPs have the reputation for being a cost-effective, scalable solution for mid-size companies, but we also feel they are an excellent IT solution for larger companies. The signing of CarrAmerica signifies that larger companies are beginning to realize this value opportunity is available."

About CarrAmerica
CarrAmerica Realty Corporation (NYSE:CRE) owns, develops, and operates office properties in 12 markets throughout the United States. The Company is committed to becoming America's leading office workplace company by meeting the rapidly changing needs of its customers with superior service, a large portfolio of quality office properties, extraordinary development capabilities and land positions. CarrAmerica is a leading office innovator with interests in and strategic relationships with companies including: HQ Global Workplaces, a global leader in executive office suites; Essention, the engine behind InfoCentre, a web-based operations and issues management platform and DukeSolutions, a Duke Energy subsidiary providing comprehensive energy management programs.

Currently, CarrAmerica and its affiliates own, directly or through joint ventures, interests in a portfolio of 287 operating office properties and have eight office buildings under development in six key growth markets. CarrAmerica's markets include Atlanta, Austin, Chicago, Dallas, Denver, Los Angeles/Orange County, Portland, Salt Lake City, San Diego, San Francisco Bay Area, Seattle and metropolitan Washington, D.C. For additional information on CarrAmerica, including space availability, visit our web site at www.carramerica.com.

CONTACT: Karen L. Widmayer of CarrAmerica, 202.729.1789.

About World Technology Services (WTS)
World Technology Services is a leading application service provider (ASP) for J.D. Edwards OneWorld®, WorldSoftware™, and co-existence applications. Hosted solutions allow WTS customers to benefit from an industry-proven solution that will increase customer efficiency, enable business and technology changes, and reduce IT risk. Founded in 1997, WTS is a privately held corporation, with headquarters in Seattle, Washington. For more information, contact the company by calling 877.987.7253 or visiting www.wtservices.com.

CONTACT: Neil Anderson of World Technology Services, 206.436.3318.

About J.D. Edwards & Company
J.D. Edwards is a leading provider of agile, collaborative solutions for the Internet economy. The Company's open solutions give organizations the freedom to choose how they assemble their internal applications and how they collaborate with partners and customers across the supply chain to increase competitive advantage. Founded in 1977, J.D. Edwards is headquartered in Denver. Additional information can be obtained by contacting the Company at 800.727.5333 or www.jdedwardsnews.com.

CONTACT: Tim Stack, J.D. Edwards & Company, 303.334.7452.

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