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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (25539)2/24/1999 12:46:00 PM
From: aliveinsf  Read Replies (1) of 120523
 
Jenna: SEBL Announces Web Product-SEBL Could Soar
Siebel Systems Announces
'Siebel Everywhere'

Siebel Dramatically Extends Web-based Business Model and
Unveils Two New Products - Siebel Sales and Sales.com

CHICAGO--(BUSINESS WIRE)--Feb. 24, 1999-- Siebel Systems, Inc. (Nasdaq:
SEBL - news) today launched ''Siebel Everywhere,'' a strategic initiative to
aggressively extend the company's Web-based business model and product line.
Siebel today introduced two new products -- Siebel Sales, a single-user version
of its market-leading software, and Sales.com, the first comprehensive
destination Web site for sales professionals. Siebel Sales is available today,
completely free of charge, and Sales.com is available immediately to Siebel
customers and will be generally available before the end of Q199.

''Web-based software companies follow a clear business model and their
software shares four key characteristics -- it runs in a browser, runs without
any software on the client, is available globally 24-by-7 over the Internet, and is
completely free,'' said Thomas M. Siebel, chairman and chief executive officer,
Siebel Systems, Inc. ''Like other leading Web-based software companies --
including Amazon.com, America Online and Yahoo! -- our software runs in a
browser, without any software on the client, and today we are making it
available 24-by-7 over the Internet completely free of charge.''

In a related announcement today, Siebel and Compaq Computer announced an
agreement to make Siebel Sales available on Compaq desktop and notebook
systems. Through the agreement, the two companies will offer Siebel Sales to
millions of Compaq customers this year. In addition, Compaq and Siebel intend
to offer a new product called Siebel Sales for Workgroups, a fully optimized and
pre-configured server to provide a complete, out-of-the-box upgrade from Siebel
Sales.

Siebel Sales - For Individual, Mobile Sales Professionals

Siebel Sales provides the tools sales professionals need to better build and
manage customer relationships. Unlike simple contact managers, Siebel Sales
provides a complete selling environment, including:

-- A comprehensive opportunity management system to build and foster
customer relationships;

-- A built-in calendar and to-do list for managing appointments and
action items;

-- An expense reporting tool that automatically prepares reports
with the click of a single button;

-- Single-click status reports, quality presentations and sales
pipeline analysis tools.

Siebel Sales is available immediately at no cost on CD-ROM by calling
1-800-443-9018, and downloadable from Siebel's corporate Web site
(www.siebel.com/siebelsales). Compaq also plans to begin shipping Siebel Sales
on select Compaq desktop and notebook systems.

Sales.com - For Internet-Connected Sales Professionals

Sales.com debuts today as the first comprehensive destination site designed
exclusively for the more than 30 million sales professionals worldwide.
Sales.com provides complete sales-related information services, designed to help
professionals build and manage customer relationships while extending their
selling skills and industry awareness. Key features include:

-- Sales Tools to track and manage opportunities, accounts,
contacts, calendars and action items;

-- Up-to-the-minute information about public and private companies,
customers, prospects and competitors;

-- Personalized sales leads and fully integrated pipeline
management, to build and manage sales opportunities;

-- Skills enhancement services to help sales professionals continue
to refine their sales skills by reading articles, daily tips and
participating in a wide range of courses;

-- Networking services that allow sales professionals to build and
leverage relationships through online communities and discussion
forums;

-- A variety of online services including travel, a complete
business center and shopping.

Sales.com's strategic partners are comprised of the leading information, service
and technology providers in the industry, including leading hardware provider,
Sun Microsystems; business-to-business information provider, Dun &
Bradstreet; and sales training methodology leader, Miller Heiman.

About Siebel Systems

Siebel Systems, Inc. (Nasdaq: SEBL - news) is the world's leading supplier of
Enterprise Relationship Management software systems. Siebel Systems provides
an integrated family of sales, marketing and customer service application
software for field sales, customer service, telesales, telemarketing, field service,
third-party resellers and Internet based e-commerce and self service. Siebel
Systems products are designed to meet the needs of small, medium and large
businesses. Siebel Systems sales and service facilities are deployed locally in
over 20 countries and can be reached through the World Wide Web at
www.siebel.com.

Except for the historical information contained herein, this press release contains
forward-looking statements that involve risks and uncertainties. The success of
the alliance and products described above and the future operating results of
Siebel Systems, Inc. may differ from the results discussed or forecasted in the
forward-looking statements due to factors that include, but are not limited to,
risks associated with Enterprise Relationship Management markets, dependence
on the Internet, risks associated with new versions and new products and risks
associated with rapid technological change. Further information on potential
factors that could affect the financial results of Siebel Systems, Inc. are included
in Siebel Systems, Inc.'s Report on Form 10-Q for the fiscal quarter ended Sept.
30, 1998 and its Registration Statement on Form S-3 dated Nov. 27, 1998,
which are on file with the Securities and Exchange Commission.

Siebel is a trademark of Siebel Systems, Inc. and may be registered in certain
jurisdictions. All other product and company names mentioned are the property
of their respective owners and are mentioned for identification purposes only.

Contact:

Siebel Systems Inc.
Tamara Ireland Stone, 650/295-5455
tstone@siebel.com
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