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Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock

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To: junjun dator who started this subject8/15/2001 7:33:05 AM
From: wgh613   of 2477
 
BEA WebLogic Continues to Reign as the E-Business Platform of Choice
More Than 1,050 New Customers and Partners, Spanning a Wide Range Of Industries Around the World, Choose BEA in the Second Quarter
SAN JOSE, Calif., Aug 15, 2001 /PRNewswire via COMTEX/ -- BEA Systems, Inc. (Nasdaq: BEAS chart, msgs), one of the world's leading e-business infrastructure software companies, today announced that, in the second quarter of its fiscal year 2002 ending July 31, 2001, more than 850 new customers and more than 200 new partners signed on with the award-winning BEA WebLogic(R) E-Business Platform -- a single solution for enterprise and e-business applications that require commerce, portal, integration and Web Services. BEA's total number of customers now exceeds 11,000.

"In today's economy, companies are making prudent decisions about their IT spending," said Bill Coleman, chairman and CEO of BEA. "The BEA WebLogic E-Business Platform(TM) is the right choice for today's shaky economy, delivering rapid ROI through cost-savings, new revenue sources, and productivity increases. It is also the right choice for companies that are built to last -- companies that are building infrastructures that will allow them to grow, change, and expand their business applications to remain competitive."

The majority of Fortune 500 and Fortune Global 500 companies already rely on BEA as the foundation of their enterprise e-business architecture. BEA's new customer and partner wins for this quarter span a range of industries and global regions, including: Axa, AT&T, British Telecom, Credit Suisse First Boston, Crown Castle, DuPont, Electronic Arts, FDC Technologies, Ford Motor Credit Company, FT Interactive Data, Fujitsu, GE Capital, Homestore.com, Jeppesen, JP Morgan Chase, MasterCard, McKesson Corporation, MiTAC, National Bank of New Zealand, Societe Generale, Sprint, Sprint PCS, UK Department of Social Security, and United Overseas Bank (Singapore).

BEA also announced that partners continued to gravitate toward the #1 market leader in increasing numbers throughout the second quarter, with more than 200 new companies joining BEA's Star Partner Program. BEA entered into new or expanded relationships with hardware, systems integrator, ASP and ISV vendors such as Art Technology Group, Bowstreet, BMC Software, Dell, EDS, Epicentric, Intel, Logica, Manugistics, Nokia, Open Market, PeopleSoft, RSA Security, Siebel, and webMethods. BEA now has more than 2,100 partners helping its clients achieve greater agility, higher productivity, lower costs, faster ROI, and happier customers by building their business on the BEA WebLogic E-Business Platform
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