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Technology Stocks : Sapient (SAPE)

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To: Manfred Sondermann who wrote (59)6/2/1998 2:47:00 PM
From: Manfred Sondermann  Read Replies (1) of 178
 
Monday June 1, 4:22 pm Eastern Time

Company Press Release

Sapient Approach to Portfolio Assembly Featured at IONA Technologies'
CORBA & IIOP World Objects Seminar

BOSTON--(BUSINESS WIRE)--June 1, 1998--Madhu Raman of Sapient Corporation (NASDAQ:SAPE - news) will
today be introducing Sapient's approach to what Forrester Research calls Portfolio Assembly at the IONA Technologies'
(NASDAQ:IONAY - news) CORBA & IIOP World Objects Seminar in Boston. This is the first of a series of seminars
IONA is hosting throughout North America.

Mr. Raman has over ten years of experience building high transaction, object oriented frameworks to solve industry specific
problems. In his presentation, Raman will emphasize best-practice approaches and best-of-breed technologies for meeting
rapid time-to-market requirements in deregulated industries including Energy, Telecommunications and Financial Services.

At Sapient Corporation (www.sapient.com), Madhu is responsible for the Center for SPEED (Sapient Package Evaluation,
Evolution and Delivery), a demonstration center showcasing Sapient's ability to use best-of-breed technical and process
expertise to deliver flexible business functionality based on the use of open, highly scalable and proven technologies. In the
Center for Speed, Sapient is utilizing Orbix(r) as a core technology for rapid assembly of off-the-shelf packages and
components.

IONA Technologies' CORBA & IIOP World Objects Seminar is the essential starting point for corporations who wish to
evolve their information systems. The seminar introduces and details the CORBA standard and provides a practical
introduction. The seminars include:

--User case studies
--"Under the cover" details of how a typical CORBA system works
--Language examples (C++, Java, VB)
--The CORBA Services (Naming, Events, Transactions, Security)
--CORBA, Java and the Internet as a foundation for
"The World of Objects".
--The theoretical material is augmented with practical examples and
a full case study presented by a CORBA customer.

The CORBA & IIOP World Objects Seminar series is visiting a number of locations throughout North America in the coming
weeks including:

June 3, Washington DC June 5, Ottawa June 8, Chicago June 10, Long Beach June 12, San Francisco

More information on the seminars is available from the Internet at: iona.com

About Sapient

Sapient Corporation, based in Cambridge, Mass., is a leading provider of business and information technology solutions on a
fixed-time, fixed-price basis. Recognized for its innovations in using both Web-based and client/server technologies to ignite
business change, Sapient offers a variety of services to help clients rapidly achieve their critical business objectives. Services
include implementation and integration of existing software solutions, ERP implementations, custom software development,
systems integration, production support services, and business and operational consulting.

Founded in 1991, Sapient has experienced strong and consistent revenue growth in each of the last seven years. Sapient
currently has more than 900 employees in offices in Cambridge, New York, San Francisco, Chicago, Atlanta, Dallas, Los
Angeles and Portland, Maine. More information on Sapient can be found on the World Wide Web at sapient.com.

About IONA Technologies

Founded in 1991, IONA Technologies (NASDAQ:IONAY - news) is the world leader in Making Software Work
Together(tm). IONA's leading product, Orbix(r), provides customers with a standards based enterprise middleware solution to
make diverse software components work together in a reliable, dependable and scaleable manner. According to IDC's market
research, Orbix, which is used by over 3,500 businesses worldwide and conforms to the Object Management Group's
CORBA specification, is the world's leading object middleware product. More information on IONA may be found at:
iona.com.

NOTE TO EDITORS: To access IONA press releases and background material on the web, visit:
iona.com. If you would like to receive IONA press releases by e-mail, contact Tom Murphy at
tmurphy@iona.com

Orbix is a registered trademark of IONA Technologies. Making Software Work Together is a trademark of IONA
Technologies. All other trademarks are the property of their respective owners
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