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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000931763-03-000644.txt : 20030325
<SEC-HEADER>0000931763-03-000644.hdr.sgml : 20030325
<ACCEPTANCE-DATETIME>20030325143018
ACCESSION NUMBER:		0000931763-03-000644
CONFORMED SUBMISSION TYPE:	11-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20021231
FILED AS OF DATE:		20030325

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CLARUS CORP
		CENTRAL INDEX KEY:			0000913277
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				581972600
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		11-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24277
		FILM NUMBER:		03615585

	BUSINESS ADDRESS:	
		STREET 1:		3970 JOHNS CREEK CT
		STREET 2:		STE 100
		CITY:			SUWANEE
		STATE:			GA
		ZIP:			30024
		BUSINESS PHONE:		7702913900

	MAIL ADDRESS:	
		STREET 1:		3970 JOHNS CREEK CT
		STREET 2:		STE 100
		CITY:			SUWANEE
		STATE:			GA
		ZIP:			30024

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SQL FINANCIALS INTERNATIONAL INC /DE/
		DATE OF NAME CHANGE:	19980911
</SEC-HEADER>
<DOCUMENT>
<TYPE>11-K
<SEQUENCE>1
<FILENAME>d11k.htm
<DESCRIPTION>FORM 11-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 11-K</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>
 <HR noshade size=4 color="#000000"><br> <p style=' margin-bottom:0pt;text-align:center; margin-top:0pt;'><b><font SIZE=4>SECURITIES AND EXCHANGE COMMISSION</font></b></p> <p style='
margin-bottom:0pt;text-align:center; margin-top:0pt;'><b><font SIZE=2>WASHINGTON, D.C. 20549</font></b></p> <HR noshade width=120 color="#000000"> <p style=' margin-bottom:0pt;text-align:center; margin-top:12pt;'><b><font SIZE=4>FORM
11-K</font></b></p> <HR noshade width=120 color="#000000"> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>(Mark One)</font></p> <p style=' margin-bottom:0pt; margin-left:0.5in; text-indent:-0.5in; margin-top:12pt;'><b><font size=2><font
face="Wingdings">x</font></font></b><font size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font size=2>&nbsp;&nbsp;</font><b><font size=2>ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [Fee
Required]</font></b></p> <p style=' margin-bottom:0pt; margin-left:0.5in; text-indent:-0.5in; margin-top:12pt;'><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font
size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><b><font size=2>For the fiscal year ended December 31, 2002</font></b></p> <p style=' margin-bottom:0pt;text-align:center; margin-top:12pt;'><b><font SIZE=2>OR</font></b></p> <p style='
margin-bottom:0pt; margin-left:0.5in; text-indent:-0.5in; margin-top:12pt;'><font face="Wingdings">o</font><font size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font size=2>&nbsp;&nbsp;</font><b><font size=2>TRANSITION
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [No Fee Required]</font></b></p> <p style=' margin-bottom:0pt; margin-left:0.5in; text-indent:-0.5in; margin-top:12pt;'><font
size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><b><font size=2>For the transition period from </font></b><u><font
size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u><b><font size=2> to </font></b><u><font
size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><b><font size=2> </font></b></u></p> <p style='
margin-bottom:0pt;text-align:center; margin-top:12pt;'><b><font size=2>Commission file number 0-24277</font></b></p> <p style=' margin-bottom:0pt;text-align:center; margin-top:12pt;'><font size=2>Full title of the plan and the address of the
plan:</font></p> <p style=' margin-bottom:0pt;text-align:center; margin-top:12pt;'><font size=2>Clarus Corporation Employee Stock Purchase Plan</font><br><font size=2>Global Employee Stock Purchase Plan of Clarus Corporation</font><br><font
size=2>One Pickwick Plaza</font><br><font size=2>Greenwich, CT 06830</font></p> <p style=' margin-bottom:0pt;text-align:center; margin-top:12pt;'><font size=2>Name of issuer of the securities held pursuant to the plan and address of its
principal</font><br><font size=2>executive office:</font></p> <p style=' margin-bottom:0pt;text-align:center; margin-top:12pt;'><font size=2>Clarus Corporation</font><br><font size=2>One Pickwick Plaza</font><br><font size=2>Greenwich, CT
06830</font></p> <br><HR noshade size=4 color="#000000"> <br><p style='margin-bottom:0pt;text-align:left'><font
size=2>&nbsp;</font></p>
<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>
 <p style=' margin-bottom:0pt; margin-top:12pt;'><font size=2>
<a name="toc"></a></font></p> <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><b><font SIZE=2>TABLE OF CONTENTS</font></b></p> <p style=' margin-bottom:0pt; margin-top:0pt;'><font size=2>&nbsp;</font></p>
<table width="100%" border=0 cellspacing=0 cellpadding=0 style='border-collapse:collapse; '>
<tr>
<td width=73 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=11 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=45 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:center;'><u><b><font SIZE=1>PAGE</font></b></u><b><u></u></b></p> </td> </tr>
<tr style='height:.05in'>
<td colspan=3 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td colspan=3 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=2>Clarus Corporation Employee Stock Purchase Plan:</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr style='height:.05in'>
<td colspan=3 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td colspan=3 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'>
<a href="#tx483_1"><u><font size=2>Independent Auditors&#146; Report</font></u></a></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=2>3</font></p> </td> </tr>
<tr style='height:.05in'>
<td colspan=3 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td colspan=3 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'>
<a href="#tx483_2"><u><font size=2>Statements of Net Assets Available for Plan Benefits - December 31, 2002 and 2001</font></u></a></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=2>4</font></p> </td> </tr>
<tr style='height:.05in'>
<td colspan=3 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td colspan=3 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'>
<a href="#tx483_3"><u><font size=2>Statements of Changes in Net Assets Available for Plan Benefits for the years ended December 31, 2002 and 2001 and for the period from June 13, 2000 (inception) to December 31, 2000</font></u></a></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=2>5</font></p> </td> </tr>
<tr style='height:.05in'>
<td colspan=3 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td colspan=3 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'>
<a href="#tx483_4"><u><font size=2>Notes to Financial Statements</font></u></a></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=2>6</font></p> </td> </tr>
<tr style='height:.05in'>
<td colspan=3 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td colspan=3 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=2>Global Employee Stock Purchase Plan of Clarus Corporation</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr style='height:.05in'>
<td colspan=3 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td colspan=3 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'>
<a href="#tx483_5"><u><font size=2>Independent Auditors&#146; Report</font></u></a></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=2>8</font></p> </td> </tr>
<tr style='height:.05in'>
<td colspan=3 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td colspan=3 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'>
<a href="#tx483_6"><u><font size=2>Statements of Net Assets Available for Plan Benefits - December 31, 2002 and 2001</font></u></a></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=2>9</font></p> </td> </tr>
<tr style='height:.05in'>
<td colspan=3 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td colspan=3 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'>
<a href="#tx483_7"><u><font size=2>Statements of Changes in Net Assets Available for Plan Benefits for the years ended December 31, 2002 and 2001 and for the period from July 1, 2000 (inception) to December 31, 2000</font></u></a></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=2>10</font></p> </td> </tr>
<tr style='height:.05in'>
<td colspan=3 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td colspan=3 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:.6in;text-indent:-8.65pt;'>
<a href="#tx483_8"><u><font size=2>Notes to Financial Statements</font></u></a></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=2>11</font></p> </td> </tr>
<tr style='height:.05in'>
<td colspan=3 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td colspan=3 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'>
<a href="#tx483_9"><u><font size=2>Signatures</font></u></a></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=2>13</font></p> </td> </tr>
<tr style='height:.05in'>
<td colspan=3 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td colspan=3 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'>
<a href="#tx483_10"><u><font size=2>Exhibit Index</font></u></a></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:right;'><font size=2>14</font></p> </td> </tr>
<tr>
<td width=68 style='border:none'></td>
<td width=11 style='border:none'></td>
<td width=457 style='border:none'></td>
<td width=1 style='border:none'></td>
<td width=42 style='border:none'></td> </tr> </table> <br> <br><p style='margin-bottom:0pt;text-align:center'><font size=2>
2</font></p>
<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>
 <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><b><font size=2>
<a name="tx483_1">Independent Auditors&#146; Report</a></font></b></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The Board of Directors of</font><br><font size=2>Clarus Corporation:</font></p> <p style=' margin-bottom:0pt;
margin-top:8pt;'><font size=2>We have audited the accompanying statements of net assets available for plan benefits of the Clarus Corporation Employee Stock Purchase Plan (the &#147;Plan&#148;) as of December 31, 2002 and 2001 and the related
statements of changes in net assets available for plan benefits for the years ended December 31, 2002 and 2001 and for the period from June 13, 2000 (inception) to December 31, 2000. These financial statements are the responsibility of the
Plan&#146;s management. Our responsibility is to express an opinion on these financial statements based on our audits.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>We conducted our audits in accordance with auditing
standards generally accepted in the United States of America. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes
examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by the Plan&#146;s management, as well as
evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>In our opinion, the financial statements referred
to above present fairly, in all material respects, the net assets available for plan benefits of the Clarus Corporation Employee Stock Purchase Plan as of December 31, 2002 and 2001 and the changes in net assets available for plan benefits for the
years ended December 31, 2002 and 2001 and for the period from June 13, 2000 (inception) to December 31, 2000, in conformity with accounting principles generally accepted in the United States of America.</font></p> <p style=' margin-bottom:0pt;
margin-top:0pt;'><font size=2>&nbsp;</font></p>
<table align=center border=0 cellspacing=0 cellpadding=0 style='margin-left:.4pt;border-collapse: collapse'>
<tr>
<td width=306 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=273 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td width=306 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><br > <br > </p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=2>&nbsp;</font></p> </td>
<td width=273 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><br> <font size=2>/s/ KPMG LLP</font></p> </td> </tr>
<tr>
<td width=306 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=273 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td> </tr> </table> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>Atlanta, Georgia</font><br><font
size=2>January 31, 2003</font></p> <br><p style='margin-bottom:0pt;text-align:center'><font size=2>
3</font></p>
<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>
 <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><font size=2>
<a name="tx483_2">Clarus Corporation</a></font><br><font size=2>Employee Stock Purchase Plan</font><br><font size=2>Statements of Net Assets Available for Plan Benefits</font><br><font size=2>December 31, 2002 and 2001</font></p> <p style='
margin-bottom:0pt; margin-top:0pt;'><font size=2>&nbsp;</font></p>
<table width="100%" border=0 cellspacing=0 cellpadding=0 style='border-collapse:collapse; '>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;' ><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><b><font size=1>2002</font></b></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><b><font size=1>2001</font></b></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;' ><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><b><font SIZE=2>ASSETS:</font></b><b></b></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:17.3pt;text-indent:-8.65pt;'><font size=2>Participants&#146; payroll deductions receivable from Clarus Corporation (note 1)</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=39 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>15,156</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=38 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>38,398</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><b><font SIZE=2>LIABILITIES:</font></b><b></b></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:17.3pt;text-indent:-8.65pt;'><font size=2>Withdrawals payable to participants (note 1)</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>5,173</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>8,345</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:25.9pt;text-indent:-8.65pt;'><font size=2>Net assets available for plan benefits</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=39 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>9,983</font></p> </td>
<td width=15 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=38 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>30,053</font></p> </td>
<td width=15 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr> </table> <br> <p style=' margin-bottom:0pt;text-align:center; margin-top:18pt;'><font size=2>See accompanying notes to financial
statements.</font></p> <br><p style='margin-bottom:0pt;text-align:center'><font size=2>
4</font></p>
<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>
 <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><font size=2>
<a name="tx483_3">Clarus Corporation</a></font><br><font size=2>Employee Stock Purchase Plan</font><br><font size=2>Statements of Changes in Net Assets Available for Plan Benefits</font><br><font size=2>For the years ended December 31, 2002 and 2001
and for the period from </font><br><font size=2>June 13, 2000 (inception) to December 31, 2000</font></p> <p style=' margin-bottom:0pt; margin-top:0pt;'><font size=2>&nbsp;</font></p>
<table width="100%" border=0 cellspacing=0 cellpadding=0 style='border-collapse:collapse; '>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;' ><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><b><font size=1>2002</font></b></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><b><font size=1>2001</font></b></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><b><font size=1>2000</font></b></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=2>Participants&#146; contributions, net</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=44 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>39,937</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=47 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>185,812</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=45 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>103,707</font></p> </td>
<td width=15 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=2>Contributions used for stock purchases</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>(60,007</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=2>)</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>(259,466</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=2>)</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>&#151;</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=2>Net change in net assets available for plan benefits</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>(20,070</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=2>)</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>(73,654</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=2>)</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>103,707</font></p> </td>
<td width=15 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=2>Net assets available for plan benefits, beginning of period</font><font
size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>30,053</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>103,707</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>&#151;</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=2>Net assets available for plan benefits, end of period</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=44 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>9,983</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=47 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>30,053</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=45 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>103,707</font></p> </td>
<td width=15 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr> </table> <br> <p style=' margin-bottom:0pt;text-align:center; margin-top:18pt;'><font size=2>See accompanying notes to financial
statements.</font></p> <br><p style='margin-bottom:0pt;text-align:center'><font size=2>
5</font></p>
<p Style='page-break-before:always'>
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<h5 align="left"><a href="#toc">Table of Contents</a></h5>
 <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><font size=2>
<a name="tx483_4">Clarus Corporation</a></font><br><font size=2>Employee Stock Purchase Plan</font><br><font size=2>Notes to Financial Statements</font><br><font size=2>December 31, 2002, 2001, and 2000</font></p> <p style=' margin-bottom:0pt;
margin-top:8pt;'><font size=2>1. Description of the Plan</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The following description of the Clarus Corporation Employee Stock Purchase Plan (the &#147;Plan&#148;) provides general
information only. Participants should refer to the Plan documents for more complete information.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The purpose of the Plan is to encourage and assist employees of Clarus
Corporation and its subsidiaries (the &#147;Company&#148;), by giving them the opportunity to acquire an equity interest in the Company through the purchase of shares of the Company&#146;s common stock at a discount. Generally, eligible employees,
as defined in the Plan documents, may elect to have up to 15 percent of their annual salary, up to a maximum of $12,500 per six month purchase period, withheld to purchase the Company&#146;s common stock at a price equal to the lower of 85 percent
of the market price of Clarus Corporation common stock at either the beginning or the end of the six month offering period. There were 3 participants in the Plan at December 31, 2002 and 17 participants in the Plan at December 31, 2001. Effective
January 1, 2001, the plan was amended and the $12,500 purchase period limitation was removed from the Plan. Each eligible employee who elects to participate in the Plan is deemed to be granted the option at the beginning of each six month period to
purchase shares of newly issued common stock of the Company through regular payroll deductions during the period beginning on the first day of each six month period and ending on the final day of the six month period. The market price used to
calculate the purchase price is the lower of 85% of the price at the beginning of the six month period or 85% of the price at the end of the six month period. </font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The Plan allows a
participant to withdraw all but not less than all payroll deductions credited to their account during a purchase period at any time prior to the applicable purchase date by giving written notice to the Company. The Plan was amended effective August
29, 2001 to require that a withdrawal must be made at least five business days prior to the purchase date. No other changes, including increasing or decreasing the amount of payroll deductions, may be made during the purchase period.</font></p> <p
style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>No interest will accrue or be payable with respect to any of the payroll deductions of a Participant in the Plan. All employee payroll deductions withheld by the Company under the Plan may be
commingled with the general funds and assets of the Company and used by the Company for any corporate purpose. </font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The Plan was adopted by the Company in June 2000. A maximum of
750,000 shares of common stock may be purchased under the Plan. As of December 31, 2000, no shares had been purchased under the plan. In January 2001, $103,577 was used to purchase 17,486 shares for the period from June 13, 2000 (inception) to the
year ended December 31, 2000. In July 2001, $155,889 was used to purchase 30,214 shares for the period ending June 30, 2001. In January 2002, $30,006 was used to purchase 5,740 shares of common stock for the period ending December 31, 2001. In July
2002, $30,001 was used to purchase 7,059 shares of common stock for the period ending June 30, 2002. During 2003, $9,983 was used to purchase 2,349 shares of common stock and $5,173 was refunded to participants for the period ending December 31,
2002. The amount refunded was the amount due to one participant who reached the Internal Revenue Service $25,000 annual limit of the amount of stock an employee can purchase at fair market value. </font></p> <p style=' margin-bottom:0pt;
margin-top:8pt;'><font size=2>2. Accounting Policy</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The accompanying financial statements have been prepared on the accrual basis of accounting.</font></p> <br><p
style='margin-bottom:0pt;text-align:center'><font size=2>
6</font></p>
<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>
 <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><font size=2>Clarus Corporation</font><br><font size=2>Employee Stock Purchase Plan</font><br><font size=2>Notes to Financial Statements
</font><br><font size=2>December 31, 2002, 2001, and 2000</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>3. Use of Estimates</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The preparation of financial
statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates that affect the amounts reported as assets, liabilities, and changes therein, and the disclosure of
contingent assets and liabilities. Actual results could differ from those estimates.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>4. Administrative Expenses of the Plan</font></p> <p style=' margin-bottom:0pt;
margin-top:8pt;'><font size=2>All administrative expenses of the Plan are paid by the Company. Any brokerage fees for the purchase of shares on behalf of the Plan participants are paid by the Company, but brokerage fees for the resale of shares by
participants are paid by the participants.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>5. Federal Income Tax</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The Plan is intended to comply under
section 423 of the Internal Revenue Code of 1986, as amended. Under existing federal income tax laws, the Plan is not subject to federal income tax. However, when any shares of stock purchased through the Plan are sold by a participant, income taxes
on any gain or loss must be recognized by that participant.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>6. Plan Termination </font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>Although it has not
expressed any intent to do so, the Company has the right to terminate or amend the Plan at any time, provided, however, that no termination or amendment shall affect or diminish any participant&#146;s right to the benefit of contributions made by
the participant prior to the date of such amendment or termination.</font></p> <br><p style='margin-bottom:0pt;text-align:center'><font size=2>
7</font></p>
<p Style='page-break-before:always'>
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<h5 align="left"><a href="#toc">Table of Contents</a></h5>
 <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><b><font size=2>
<a name="tx483_5">Independent Auditors&#146; Report</a></font></b></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The Board of Directors of</font><br><font size=2>Clarus Corporation:</font></p> <p style=' margin-bottom:0pt;
margin-top:8pt;'><font size=2>We have audited the accompanying statements of net assets available for plan benefits of the Global Employee Stock Purchase Plan of Clarus Corporation (the &#147;Global Plan&#148;) as of December 31, 2002 and 2001 and
the related statements of changes in net assets available for plan benefits for the years ended December 31, 2002 and 2001 and for the period from July 1, 2000 (inception) to December 31, 2000. These financial statements are the responsibility of
the Global Plan&#146;s management. Our responsibility is to express an opinion on these financial statements based on our audits.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>We conducted our audits in accordance with
auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit
includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by the Global Plan&#146;s management, as
well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>In our opinion, the financial statements
referred to above present fairly, in all material respects, the net assets available for plan benefits of the Global Employee Stock Purchase Plan of Clarus Corporation as of December 31, 2002 and 2001 and the changes in net assets available for plan
benefits for the years ended December 31, 2002 and 2001 and for the period from July 1, 2000 (inception) to December 31, 2000, in conformity with accounting principles generally accepted in the United States of America.</font></p> <p style='
margin-bottom:0pt; margin-top:0pt;'><font size=2>&nbsp;</font></p>
<table align=center border=0 cellspacing=0 cellpadding=0 style='margin-left:.4pt;border-collapse: collapse'>
<tr>
<td width=306 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=273 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td width=306 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><br > <br > </p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=2>&nbsp;</font></p> </td>
<td width=273 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><br> <font size=2>/s/ KPMG LLP</font></p> </td> </tr>
<tr>
<td width=306 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=273 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td> </tr> </table> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>Atlanta, Georgia</font><br><font
size=2>January 31, 2003</font></p> <br><p style='margin-bottom:0pt;text-align:center'><font size=2>
8</font></p>
<p Style='page-break-before:always'>
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<h5 align="left"><a href="#toc">Table of Contents</a></h5>
 <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><font size=2>
<a name="tx483_6">Global Employee Stock Purchase Plan of Clarus Corporation</a></font><br><font size=2>Statements of Net Assets Available for Plan Benefits</font><br><font size=2>December 31, 2002 and 2001</font></p> <p style=' margin-bottom:0pt;
margin-top:0pt;'><font size=2>&nbsp;</font></p>
<table width="100%" border=0 cellspacing=0 cellpadding=0 style='border-collapse:collapse; '>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;' ><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><b><font size=1>2002</font></b></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><b><font size=1>2001</font></b></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><b><font SIZE=2>ASSETS:</font></b></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:17.3pt;text-indent:-8.65pt;'><font size=2>Participants&#146; payroll deductions receivable from Clarus Corporation (note 1)</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=21 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>&#151;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=39 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>28,410</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><b><font SIZE=2>LIABILITIES:</font></b></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:17.3pt;text-indent:-8.65pt;'><font size=2>Withdrawals payable to participants (note 1)</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>&#151;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>9,806</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:25.9pt;text-indent:-8.65pt;'><font size=2>Net assets available for plan benefits</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=21 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>&#151;</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=39 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>18,604</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr> </table> <br> <p style=' margin-bottom:0pt;text-align:center; margin-top:18pt;'><font size=2>See accompanying notes to financial
statements.</font></p> <br><p style='margin-bottom:0pt;text-align:center'><font size=2>
9</font></p>
<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>
 <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><font size=2>
<a name="tx483_7">Global Employee Stock Purchase Plan of Clarus Corporation</a></font><br><font size=2>Statements of Changes in Net Assets Available for Plan Benefits</font><br><font size=2>For the years ended December 31, 2002 and 2001 and for the
period from</font><br><font size=2>July 1, 2000 (inception) to December 31, 2000</font></p> <p style=' margin-bottom:0pt; margin-top:0pt;'><font size=2>&nbsp;</font></p>
<table width="100%" border=0 cellspacing=0 cellpadding=0 style='border-collapse:collapse; '>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;' ><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><b><font size=1>2002</font></b></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><b><font size=1>2001</font></b></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><b><font size=1>2000</font></b></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=2>Participants&#146; contributions, net</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=43 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>9,305</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=42 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>54,930</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=43 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>38,744</font></p> </td>
<td width=15 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=2>Contributions used for stock purchases</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>(27,909</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=2>)</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>(40,346</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=2>)</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>(34,724</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=2>)</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=2>Net change in net assets available for plan benefits</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>(18,604</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=2>)</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>14,584</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>4,020</font></p> </td>
<td width=15 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=2>Net asset available for plan benefits, beginning of period</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>18,604</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>4,020</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=bottom style='padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>&#151;</font></p> </td>
<td width=15 valign=bottom style='padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td colspan=2 valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='margin-top:2pt;margin-bottom:0pt;margin-left:8.65pt;text-indent:-8.65pt;'><font size=2>Net assets available for plan benefits, end of period</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=43 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>&#151;</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=42 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>18,604</font></p> </td>
<td width=14 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td>
<td width=8 valign=bottom style='background:#CCEEFF;padding:0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>$</font></p> </td>
<td width=43 valign=bottom style='background:#CCEEFF;padding: 0in 0in 0in 0in'> <p style='text-align:right;margin-top:2pt;margin-bottom:0pt;' ><font size=2>4,020</font></p> </td>
<td width=15 valign=bottom style='background:#CCEEFF; padding:0in 0in 0in 0in'> <p ><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=3> </td>
<td width=15 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr> </table> <br> <p style=' margin-bottom:0pt;text-align:center; margin-top:18pt;'><font size=2>See accompanying notes to financial
statements.</font></p> <br><p style='margin-bottom:0pt;text-align:center'><font size=2>
10</font></p>
<p Style='page-break-before:always'>
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<h5 align="left"><a href="#toc">Table of Contents</a></h5>
 <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><font size=2>
<a name="tx483_8">Global Employee Stock Purchase Plan of Clarus Corporation</a></font><br><font size=2>Notes to Financial Statements</font><br><font size=2>December 31, 2002, 2001 and 2000</font></p> <p style=' margin-bottom:0pt;
margin-top:8pt;'><font size=2>1. Description of the Plan</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The following description of the Global Employee Stock Purchase Plan of Clarus Corporation (the &#147;Global Plan&#148;)
provides general information only. Participants should refer to the Global Plan documents for more complete information.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The purpose of the Global Plan is to provide a means for
non-U.S. resident employees and other employees whose participation in the Clarus Corporation Employee Stock Purchase Plan is impractical or impermissible due to the constraints of local law or otherwise to acquire shares of the Clarus Corporation
and its subsidiaries (the &#147;Company&#148;) common stock at a discount. Generally, eligible employees, as defined in the Global Plan documents, may elect to have up to 15 percent of their annual salary, up to a maximum of $12,500 per six month
purchase period, withheld to purchase the Company&#146;s common stock at a price equal to the lower of 85 percent of the market price of Clarus Corporation common stock at either the beginning or the end of the six month offering period. There were
no participants in the Plan at December 31, 2002 and 7 participants in the Plan at December 31, 2001. Effective January 1, 2001, the plan was amended and the $12,500 purchase period limitation was removed from the Plan. Each eligible employee who
elects to participate in the Global Plan is deemed to be granted the option at the beginning of each six month period to purchase shares of newly issued common stock of the Company through regular payroll deductions during the period beginning on
the first day of each six month period and ending on the final day of the six month period. The market price used to calculate the purchase price is the lower of 85% of the price at the beginning of the six month period or 85% of the price at the
end of the six month period. </font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The Plan allows a participant to withdraw all but not less than all payroll deductions credited to their account during a purchase period at any
time prior to the applicable purchase date by giving written notice to the Company. The Plan was amended effective August 29, 2001 to require that a withdrawal must be made at least five business days prior to the purchase date. No other changes,
including increasing or decreasing the amount of payroll deductions, may be made during the purchase period.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>No interest will accrue or be payable with respect to any of the
payroll deductions of a Participant in the Global Plan. All employee payroll deductions withheld by the Company under the Global Plan may be commingled with the general funds and assets of the Company and used by the Company for any corporate
purpose. </font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The Global Plan was adopted by the Company in July 2000. A maximum of 250,000 shares of common stock may be purchased under the Global Plan. For the period from July 1,
2000 through December 31, 2000, $38,716 was used to purchase 4,557 shares of common stock under the Global Plan. In July 2001, $36,354 was used to purchased 7,046 shares for the period ending June 30, 2001 under the Global plan. In January 2002,
$18,584 was used to purchase 3,555 shares of common stock for the period ending December 31, 2001. In July 2002, $9,325 was used to purchase 2,194 shares of common stock for the period ending June 30, 2002.</font></p> <p style=' margin-bottom:0pt;
margin-top:8pt;'><font size=2>2. Accounting Policy</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The accompanying financial statements have been prepared on the accrual basis of accounting.</font></p> <br><p
style='margin-bottom:0pt;text-align:center'><font size=2>
11</font></p>
<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>
 <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><font size=2>Global Employee Stock Purchase Plan of Clarus Corporation</font><br><font size=2>Notes to Financial Statements </font><br><font
size=2>December 31, 2002, 2001, and 2000</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>3. Use of Estimates</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The preparation of financial statements in
conformity with accounting principles generally accepted in the United States of America requires management to make estimates that affect the amounts reported as assets, liabilities, and changes therein, and the disclosure of contingent assets and
liabilities. Actual results could differ from those estimates.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>4. Administrative Expenses of the Global Plan</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font
size=2>All administrative expenses of the Global Plan are paid by the Company. Any brokerage fees for the purchase of shares on behalf of the Global Plan participants are paid by the Company, but brokerage fees for the resale of shares by
participants are paid by the participants.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>5. Federal Income Tax</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The Global Plan is not intended to comply
under section 423 of the Internal Revenue Code of 1986, as amended. The Global Plan is principally designed to provide a means for non-U.S. resident employees and other employees whose participation in the Clarus Corporation Employee Stock Purchase
Plan is impractical or impermissible due to the constraints of local law or otherwise to acquire shares of the Company&#146;s common stock.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>6. Plan Termination </font></p> <p
style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>Although it has not expressed any intent to do so, the Company has the right to terminate or amend the Plan at any time, provided, however, that no termination or amendment shall affect or
diminish any participant&#146;s right to the benefit of contributions made by the participant prior to the date of such amendment or termination.</font></p> <br><p style='margin-bottom:0pt;text-align:center'><font size=2>
12</font></p>
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 <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><b><font size=2>
<a name="tx483_9">SIGNATURES</a></font></b></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>Pursuant to the requirements of the Securities Exchange Act of 1934, the Plans&#146; Administrator has duly caused this annual report to be
signed on its behalf by the undersigned hereunto duly authorized.</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>Clarus Corporation Employee Stock Purchase Plan</font><br><font size=2>Global Employee Stock Purchase Plan of
Clarus Corporation</font></p> <p style=' margin-bottom:0pt; margin-top:0pt;'><font size=2>&nbsp;</font></p>
<table border=0 cellspacing=0 cellpadding=0 style='margin-left:.4pt;border-collapse: collapse'>
<tr>
<td width=306 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=2>By:</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=273 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td width=306 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><br> <font size=2>/s/ N</font><font SIZE=1>IGEL </font><font SIZE=2>P</font><font size=1>. </font><font SIZE=2>E</font><font
SIZE=1>KERN</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=2>&nbsp;</font></p> </td>
<td width=273 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><br> <font size=2>Chief Administrative Officer</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=273 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td width=306 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><b><font size=1>Nigel P. Ekern</font></b></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=273 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td> </tr> </table> <p style=' margin-bottom:0pt; margin-top:0pt;'><font size=2>&nbsp;</font></p>
<table border=0 cellspacing=0 cellpadding=0 style='margin-left:.4pt;border-collapse: collapse'>
<tr>
<td width=306 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><br> <font size=2>/s/ G</font><font SIZE=1>REGORY </font><font SIZE=2>D</font><font size=1>. </font><font SIZE=2>F</font><font
SIZE=1>LETCHER</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=2>&nbsp;</font></p> </td>
<td width=273 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><br> <font size=2>Chief Accounting Officer</font></p> </td> </tr>
<tr>
<td valign=top style='padding:0in 0in 0in 0in'> <hr noshade width="100%" color="black" size=1> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td>
<td width=273 valign=top style='padding:0in 0in 0in 0in'> <p><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td width=306 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><b><font size=1>Gregory D. Fletcher</font></b></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=273 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td> </tr> </table> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>Dated: March 18, 2003</font></p>
<br><p style='margin-bottom:0pt;text-align:center'><font size=2>
13</font></p>
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 <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><font size=2>
<a name="tx483_10">EXHIBIT INDEX</a></font></p> <p style=' margin-bottom:0pt; margin-top:0pt;'><font size=2>&nbsp;</font></p>
<table width="100%" border=0 cellspacing=0 cellpadding=0 style='border-collapse:collapse; '>
<tr>
<td width=88 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:center;'><b><font size=1>Exhibit</font></b><br> <u><b><font size=1>Number</font></b></u><b></b></p> </td>
<td valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;'>&nbsp;<b><u></u></b></p> </td> </tr>
<tr style='height:.05in'>
<td width=88 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td width=88 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:center;'><font size=2>23.1</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;'><font size=2>Consent of KPMG LLP &#150; Clarus Corporation Employee Stock Purchase Plan</font></p> </td> </tr>
<tr style='height:.05in'>
<td width=88 valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in; height:.05in'> <p style='margin-top:0pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td width=88 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;text-align:center;'><font size=2>23.2</font></p> </td>
<td valign=top style='padding:0in 0in 0in 0in'> <p style='margin-top:0pt;margin-bottom:0pt;'><font size=2>Consent of KPMG LLP &#150; Global Employee Stock Purchase Plan of Clarus Corporation</font></p> </td> </tr> </table> <br><p
style='margin-bottom:0pt;text-align:center'><font size=2> 14</font></p><br> <p style=' margin-bottom:0pt; margin-top:0pt;'>&nbsp;</p>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>3
<FILENAME>dex231.htm
<DESCRIPTION>CONSENT OF KPMG LLP
<TEXT>
<HTML><HEAD>
<TITLE>Consent of KPMG LLP</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
  <p style=' margin-bottom:0pt;text-align:right; margin-top:8pt;'><b><font SIZE=2>EXHIBIT 23.1</font></b></p> <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><b><font size=2>Independent Auditors&#146;
Consent</font></b></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The Board of Directors </font><br><font size=2>Clarus Corporation: </font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>We consent to the
incorporation by reference in the registration statement (No. 333-42602) on Form S-8 of Clarus Corporation of our report dated January 31, 2003, relating to the statements of net assets available for plan benefits of the Clarus Corporation Employee
Stock Purchase Plan as of December 31, 2002 and 2001, and the related statements of changes in net assets available for plan benefits for the years ended December 31, 2002 and 2001 and for the period from June 13, 2000 (inception) to December 31,
2000, which report appears in the December 31, 2002, annual report on Form 11-K of Clarus Corporation. </font></p>
<table align=center border=0 cellspacing=0 cellpadding=0 style='margin-left:.4pt;border-collapse: collapse'>
<tr>
<td width=306 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=273 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td width=306 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><br > <br > </p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=2>&nbsp;</font></p> </td>
<td width=273 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><br> <font size=2>/s/ KPMG LLP</font></p> </td> </tr>
<tr>
<td width=306 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=273 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td> </tr> </table> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>Atlanta, Georgia</font><br><font
size=2>March 18, 2003</font></p> <br><p style='margin-bottom:0pt;text-align:left'><font size=2>&nbsp;</font></p> <p>&nbsp;</p> <p style=' margin-bottom:0pt; margin-top:0pt;'>&nbsp;</p> <p style=' margin-bottom:0pt; margin-top:0pt;'>&nbsp;</p>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>4
<FILENAME>dex232.htm
<DESCRIPTION>CONSENT OF KPMG LLP
<TEXT>
<HTML><HEAD>
<TITLE>Consent of KPMG LLP</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
  <p style=' margin-bottom:0pt;text-align:right; margin-top:8pt;'><b><font SIZE=2>EXHIBIT 23.2</font></b></p> <p style=' margin-bottom:0pt;text-align:center; margin-top:16pt;'><b><font size=2>Independent Auditors&#146;
Consent</font></b></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>The Board of Directors </font><br><font size=2>Clarus Corporation:</font></p> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>We consent to the
incorporation by reference in the registration statement (No.333-42602) on Form S-8 of Clarus Corporation of our report dated January 31, 2003, relating to the statements of net assets available for plan benefits of the Global Employee Stock
Purchase Plan of Clarus Corporation as of December 31, 2002 and 2001, and the related statements of changes in net assets available for plan benefits for the years ended December 31, 2002 and 2001 and for the period from July 1, 2000 (inception) to
December 31, 2000, which report appears in the December 31, 2002, annual report on Form 11-K of Clarus Corporation. </font></p> <p style=' margin-bottom:0pt; margin-top:0pt;'><font size=2>&nbsp;</font></p>
<table align=center border=0 cellspacing=0 cellpadding=0 style='margin-left:.4pt;border-collapse: collapse'>
<tr>
<td width=306 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=273 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td> </tr>
<tr>
<td width=306 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><br > <br > </p> </td>
<td width=14 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=2>&nbsp;</font></p> </td>
<td width=273 valign=bottom style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><br> <font size=2>/s/ KPMG LLP</font></p> </td> </tr>
<tr>
<td width=306 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=14 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=32 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td>
<td width=273 valign=top style='padding:0in 0in 0in 0in'> <p style='margin-bottom:0pt;margin-top:0in;'><font size=1>&nbsp;</font></p> </td> </tr> </table> <p style=' margin-bottom:0pt; margin-top:8pt;'><font size=2>Atlanta, Georgia</font><br><font
size=2>March 18, 2003</font></p> <br><p style='margin-bottom:0pt;text-align:left'><font size=2>&nbsp;</font></p> <p>&nbsp;</p> <p style=' margin-bottom:0pt; margin-top:0pt;'>&nbsp;</p> <p style=' margin-bottom:0pt; margin-top:0pt;'>&nbsp;</p>
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