International Paper Coated & SC Papers Division Integrate with Time Inc.

Press release from the issuing company

Memphis, Tenn., -  April 15, 2002 - International Paper’s (NYSE: IP) Coated and SC Papers Division today announced that it has successfully integrated directly with Time Inc. for the system-to-system transmission of purchase orders, change orders, order acknowledgements and change order acknowledgements using the papiNET Extensible Markup Language (XML) standards.   This complete integration directly from the Coated and SC Paper Division’s internal system to Time Inc.’s paper management system and vice versa is the first step in transmitting a complete set of business process information using the papiNet messages between the two companies. Since December 3, 2001, International Paper’s Coated and SC Papers Division and Time Inc. have been directly transmitting purchase orders, purchase order acknowledgements, change orders and change order acknowledgements directly from their internal systems, which allows the two companies to do business with each other seamlessly, without the need for either business to manually re-key information.   “This is a big step towards enabling both companies to do business with each other via direct, system-to-system integration,” said Mike Weinhold, Director of Marketing, Coated and SC Papers. “We are confident that this integration will streamline our business processes and drive efficiencies for both IP and Time Inc.”   About Time Inc. Time Inc., the world’s leading magazine publisher, is a wholly owned subsidiary of AOL Time Warner, Inc. Time Inc. is the foremost creator of publishing and information brands, including many of America’s most successful magazines. It is also a leading direct marketer of music and video products. Time Inc. publishes  139 regular-frequency magazine titles with a total of  298 million readers, as well as numerous special issues. Time Inc. is the only publishing company to publish four national weekly consumer magazines.   About papiNet NA PapiNet NA is a joint effort sponsored by the American Forest & Paper Association (AF&PA) and the Graphic Communications Association (GCA). Membership in papiNet NA is open to North American manufacturers of paper and wood products, distributors, converters, printers, publishers, cataloguers, and other customers of and suppliers to the industry, including e-commerce service providers, and related industry/customer trade associations. The development of the papiNet standard is a joint effort between papiNet NA and the European Paper Consortium (EPC).   About International Paper International Paper (http://www.internationalpaper.com) is the world's largest paper and forest products company. Businesses include paper, packaging, and forest products. As one of the largest private forest landowners in the world, the company manages its forests under the principles of the Sustainable Forestry Initiative (SFIsm ) program, a system that ensures the perpetual planting, growing and harvesting of trees while protecting wildlife, plants, soil, air and water quality.  Headquartered in the United States, at Stamford, Conn., International Paper has operations in nearly 50 countries and exports its products to more than 130 nations.