Proxicom Finalizes Acquisition of Clarity IBD, Ltd.

Business Editors/High Tech Writers

RESTON, Va.--(BUSINESS WIRE)--April 20, 2000

Proxicom, Inc. (Nasdaq: PXCM), an e-business consulting firm and development company, today said that its previously announced acquisition of U.K. e-business consultancy Clarity IBD, Ltd. was finalized and closed yesterday, April 19, 2000.

London-based Clarity, with a team of more than 80 consulting professionals, now has become part of Proxicom's existing U.K. operations.

About Proxicom:

Proxicom, Inc. is an Internet development and e-business consulting company that delivers innovative Internet-based solutions and applications for Fortune 500 companies and other global, forward-thinking businesses. Our 800 strategy, creative and technology service professionals provide specialized e-business development expertise for the following global industries: Energy & Telecom; Financial Services; Retail & Manufacturing; and the Service Industries, which include the media and entertainment, travel and transportation businesses. Founded in 1991 as a systems integrator, Proxicom has developed and built e-businesses for such blue-chip companies as America Online, General Electric, General Motors, Merrill Lynch, Marriott International and NBC, among many others. With its headquarters in Reston, Va., Proxicom has U.S. offices in New York, Los Angeles, Chicago, San Francisco, Houston, and Sausalito, Calif., and European offices in London, Munich, Rome and Madrid. For more information, please visit http://www.proxicom.com or call 1-877-PROXICOM.