FOR IMMEDIATE RELEASE

NORTH AMERICAN                          EUROPEAN
INVESTOR RELATIONS CONTACT:             INVESTOR RELATIONS CONTACT:
TREEV, Inc.                             CE Computer Equipment Aktiengesellschaft
Brian Hajost                            Kerstin Senk
EVP, Finance and Corporate Development  Manager Investor Relations
Telephone: 703.904.3185                 Telephone: +49 (0)521/93 18-288
Email: bhajost@treev.com                E-mail: k.senk@ce-ag.com


       CE COMPUTER EQUIPMENT AG AND TREEV, INC. ANNOUNCE RESULTS OF TREEV
                               STOCKHOLDER MEETING

Bielefeld,  Germany  and  Herndon,  Virginia,  December  28, 2000 -- CE Computer
Equipment  AG and TREEV,  Inc.  announced  today that at a special  meeting held
earlier  today,  the  stockholders  of TREEV  approved  the Amended and Restated
Agreement  and Plan of Merger,  dated as of  November  19,  2000 and amended and
restated as of May 8, 2000, and amended as of November 20, 2000, among CE, TREEV
and a wholly owned subsidiary of Aspen Merger  Corporation,  acting as agent for
CE.

Subject to the satisfaction or waiver of the other conditions to closing, CE and
TREEV currently expect to consummate the merger on or about January 22, 2001. As
soon as possible after the merger, Aspen Merger Corporation and CE will complete
the contribution of the shares of the surviving  corporation of the merger to CE
against the  issuance by CE of ordinary  shares.  Pursuant to the merger and the
share contribution, TREEV will become a wholly owned subsidiary of CE.

Investors are urged to read the proxy  statement/prospectus  that was filed with
the  Securities  and Exchange  Commission by CE Computer  Equipment and TREEV in
connection with the merger, because it contains important information. Investors
may  obtain a free copy of the proxy  statement/prospectus  at the  Commission's
website: http://www.sec.gov.  Investors may also obtain a free copy of the proxy
statement/prospectus   by   contacting   Investor   Relations   at   TREEV   at:
+703-476-2260,  13900 Lincoln Park Drive, Suite 300, Herndon,  Virginia 20171 or
investor@treev.com.

STATEMENTS  MADE IN THIS  RELEASE THAT STATE THE BELIEFS OR  EXPECTATIONS  OF CE
COMPUTER  EQUIPMENT,  TREEV OR THEIR  RESPECTIVE  MANAGEMENTS  AND WHICH ARE NOT
HISTORICAL FACTS OR WHICH APPLY PROSPECTIVELY ARE FORWARD-LOOKING STATEMENTS. IT
IS IMPORTANT TO NOTE THAT ACTUAL RESULTS AND EVENTS COULD DIFFER MATERIALLY FROM
THOSE CONTAINED IN OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS.