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Technology Stocks : HARBINGER (HRBC)

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To: dweb who wrote (336)10/25/1999 7:26:00 AM
From: dweb  Read Replies (1) of 402
 
Monday October 25, 6:01 am Eastern Time

Company Press Release

Telstra and Harbinger Form Global
E-Commerce Partnership

ATLANTA--(BUSINESS WIRE)--Oct. 25, 1999--Telstra Development, LLC, the U.S.-based
e-commerce division of Telstra Corporation Limited (NYSE:TLS - news), one of the world's
leading electronic communications and information services providers, and Harbinger Corporation
(NASDAQ: HRBC - news), a worldwide supplier of Electronic Commerce software, services and
solutions, today jointly announced that they are expanding their existing relationship to form a global
e-commerce partnership.

Under the newly signed agreements, Telstra will utilize harbinger.net technologies and services for
Telstra's recently announced Open Commerce Platform (OCP). The two companies will also
co-develop enhancements to extend the capabilities of the OCP and accelerate global deployment
of these capabilities for business-to-business electronic commerce. The agreement includes
provisions for Harbinger to deliver operations support for Telstra's OCP and for Telstra to become
a worldwide distributor for an array of Harbinger Internet products and services.

``Telstra's partnership with Harbinger demonstrates our commitment to provide a world-class
e-commerce procurement solution by joining Telstra capabilities with those of our premier solution
providers,' said Andrew Manning, president and CEO, Telstra Development. ``By leveraging
Telstra's OCP capabilities with Harbinger's back-office application and software product suite,
Telstra customers will continue to enjoy the benefits of an open e-commerce architecture,
connecting multiple front and back ends. The ability to participate in digital marketplaces will be a
critical need for Telstra customers going forward, and Telstra intends to be a leading force in
building and managing these marketplaces worldwide.'

This joint effort will help Telstra customers experience true e-commerce benefits by speeding the
``time to market' for new business to business applications and services that streamline the
procurement cycle. Telstra's expansion of its worldwide e-commerce procurement business has
driven the company to seek out partnerships with other best-in-class industry leaders, allowing
Telstra to build on its global presence, ability to provide connectivity between trading partners, and
clear vision of electronic communications.

The relationship with Harbinger, which began in early 1998, has strengthened over the past year.
Now with these new agreements, Telstra's OCP technology will be more closely integrated and
able to capitalize on harbinger.net technology.

``Telstra has global presence and significant experience in key areas, including the emerging B2B
E-Commerce marketplace. We believe coupling these capabilities and experience with their
commitment to utilize harbinger.net will create a formula for success for both companies ,' said C.
Tycho Howle, Harbinger Chairman and Chief Executive Officer. ``From Harbinger's perspective,
Telstra quickly provides Harbinger with global reach, particularly in Asia Pacific. Further, the
expanded agreement represents one of the most significant and comprehensive relationships that
Harbinger has ever entered into. We are pleased to have Telstra as a key partner supporting a
fundamental component of our corporate strategy, harbinger.net.'

Telstra's OCP is the foundation for existing and forthcoming Telstra e-commerce applications. The
OCP transparently and non-intrusively expands the trading partner community by providing the
connectivity to successfully implement business-to-business procurement solutions. The platform
has an open and scalable architecture that allows multiple front and back-end interfaces and
supports a variety of messaging protocols.

Harbinger has posted additional information on the newly executed agreement in the Investor
Relations section of its corporate Web site at www.harbinger.com.
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