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2016-12-08

Covisint Launches Supplier Engagement Platform for SAIC General Motors and NextEV in China

Covisint Corporation
Press release

Covisint Launches Supplier Engagement Platform for SAIC General Motors and
NextEV in China

DETROIT and SHANGHAI, China, 2016-12-07 23:00 CET (GLOBE NEWSWIRE) -- Covisint
Corporation (Nasdaq:COVS) today announced that it has signed agreements with
Chinese automotive OEMs, SAIC General Motors (SGM) and NextEV to launch
supplier engagement platforms for each of their global enterprises.

The Covisint platform provides the foundation for SAIC General Motors (SGM) and
NextEV to provide easy access to critical applications and content to their
ecosystem of suppliers, regardless of size or location, and enable both SAIC
General Motors and NextEV to realize the following benefits:

-- Extend their enterprise to manage external supplier users with single
sign-on to critical resources based on user types.
-- Delegated administration both for security and access, as well as for
content management and collaboration resources.
-- Manage, automate and govern the complex network of people, systems, and
things that need access to resources.
-- Authenticated and unauthenticated content that can be personalized and
presented to users based upon attributes such as location, division and
role.
-- Anytime, anywhere support with industry-leading service level agreements
and availability.

“Innovative, high-growth companies like SGM and NextEV recognize the need for a
single, global platform to meet their next generation supply chain needs,” said
Steve Asam, CTO, Covisint. “We are proud to expand our global platform to
enable the first and only Automotive Exchange to be hosted in China.”

Established in June 1997, SAIC General Motors (SGM) is a joint venture between
SAICMOTOR and General Motors, and is the largest automotive OEM in China.
Today, SGM is a multi-brand company with more than twenty product lines,
including the world-renowned Buick, Chevrolet, and Cadillac brands, covering
the luxury, compact, sedan, MPV, and SUV segments, as well as hybrid and
electric vehicles. They expect over 5,000 suppliers to be connected to the
platform in the near future.

Covisint was recognized as supplier of the year by SAIC GM in 2016 and was the
sole IT supplier to receive this award.

NextEV is the newest Chinese electric vehicle OEM headquartered in San Jose and
has over 2,000 employees across 12 countries. NextEV released the NIO brand,
as well as model EP9 as the first ultra-pure electric vehicle in China on
November 21, 2016.

“Covisint is the leader in providing automotive supply chain solutions in
China, as our global network continues to grow,” said Yan Zhang, General
Manager of Asia Pacific Operations for Covisint. “This continued growth in
China validates the value our platform delivers.”

SAIC General Motors and NextEV join the world’s largest automotive supplier
network, which has over 97,000 suppliers globally connected to 7 global OEMs.
Over 600,000 supplier users access more than 700 applications and services
across these OEMs. The community is multi-lingual available in over 10
languages and with 24x7x365 help desk support in 6 global locations.

About Covisint Corporation
Covisint is the leading Cloud Platform for building Identity and Internet of
Things (IoT) applications. Our Cloud Platform technology facilitates the rapid
development of identification, authorization and connection of complex networks
of people, processes, systems and things.

The Covisint Cloud Platform supports customers in their endeavors to securely
identify, authenticate and connect users, devices, applications and
information. It supports 2,000 organizations who connect more than 212,000
business partners and customers that support $4 billion in ecommerce
transactions annually. Learn more at www.covisint.com.

Follow us:

-- Covisint on Twitter
-- Covisint on LinkedIn
-- Covisint on Facebook

Investor Relations Contact
866-319-7659
investors@covisint.com

Media Contact
Brad Schechter
Vice President, Corporate Marketing
248-483-2097
bschecht@covisint.com

For Sales and Marketing Information
Covisint Corporation, 26533 Evergreen Road, Suite 500, Southfield, MI 48076,
800-229-4125
http://www.covisint.com

Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of
Section 21E of the Securities Exchange Act of 1934 - that is, statements
related to future events. In this context, forward-looking statements may
address our expected future business and financial performance, and often
contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”,
“will”, “should”, “could”, “would” or “may” and other words of similar meaning.
Forward-looking statements by their nature address matters that are, to
different degrees, uncertain. For Covisint, particular risks and uncertainties
that could cause our actual future results to differ materially from those
expressed in our forward-looking statements include, risks and uncertainties
related to the customer’s launch of the solution within their eco-system; our
ability to continue to host the platform in China; our ability to attract new
customers; unpredictable macro-economic conditions; and other risks and
uncertainties discussed in this and our other filings with the Securities and
Exchange Commission, including our Annual Report on Form 10-K for the fiscal
year ended March 31, 2016 and subsequent Quarterly Reports on Form 10-Q. We do
not undertake to update our forward-looking statements except as required by
law.

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