IDEA and eCredit Announce Strategic Alliance
— Partnership to Create a New Standard for Accounts Receivable Data Interchange and Drive Supply Chain Costs Savings —

DEDHAM, Mass. and ROSSLYN, Va., February 14, 2006 – eCredit, the leading provider of online solutions for credit and collections professionals, today announced that it has entered into a strategic alliance with Industry Data Exchange Association (IDEA), an industry owned e-commerce service provider. According to the terms of the agreement, eCredit will host, maintain and support an industry specific credit reporting database for IDEA customers. In turn, IDEA will leverage its ability to create standards for credit data exchange helping to drive down costs through the sharing of business information within a secure eCredit data network.

"Clearly, this partnership with eCredit will provide a high level of value for our customers," said Tim Powers, President, CEO and Chairman of Hubbell Incorporated and Chairman, IDEA. "By aligning with a value-added service provider that will host and maintain the receivables data, eCredit allows IDEA to remain focused on its core mission of creating standards and tools that enable commerce to flow more quickly: driving down cycle times, improving the order-to-cash process and ultimately bolstering customer satisfaction."

In addition to the creation of an industry specific database, eCredit and IDEA have also entered into a software referral agreement. This agreement will provide discounts to those IDEA customers in the electrical distribution and manufacturing industries who use credit and collections management software from eCredit. "Granting our members lower costs and greater access to the powerful tool set from eCredit makes this alliance even more beneficial," continued Powers.

"We look forward to working with IDEA on creating this new standard that will streamline the way electrical distributors and manufacturers exchange credit information," said Jeff Dickerson, eCredit President and CEO. "We are certain that this partnership will be enormously successful from the perspective of eCredit, IDEA, and IDEA's customers."

About IDEA
IDEA is an e-commerce service provider jointly owned by NEMA and NAED. Developed to drive down supply chain costs, IDEA (www.idea-inc.org), provides the Industry Data Warehouse 2 (IDW2), a central repository of manufacturer product, pricing, and attributed data; the Industry Data Exchange (IDX2) is an Internet-based communications hub that enables business trading partners to exchange business documents using EDI, XML, flat file, or Web form transactions sets; the Industry Retail Database (IRD) a central repository of manufacturer retail product data to meet retail hardware, CPG and GS1 US requirements and the Data audit and Certifications (DAC) Program to verify manufacturer data meets specification criteria to ensure data synchronization between business partners.

About eCredit
eCredit is the leading provider of online solutions for credit and collections professionals. Its award-winning on-demand software supports the mission critical processes of granting credit, monitoring portfolio risk, and collecting accounts receivables. eCredit also offers a comprehensive industry specific credit reporting and scoring solution that includes tens of millions of trade experiences on millions of companies, developed as a result of 14 years of credit management leadership. With deep roots in the credit and collections community, eCredit has continually demonstrated results by helping companies reduce bad debt and DSO while improving productivity and lowering costs. eCredit is a private company headquartered in Dedham, Massachusetts. Major clients include AB Electrolux, American Airlines, Chevron, Cisco, Ferguson, Samsung Electronics, Cargill, NEC Financial, Graybar, CDW, Sun Microsystems, and Ryder System. For more information, please visit www.ecredit.com.

eCredit.com and the eCredit.com logo are registered trademarks.