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Technology Stocks : Siebel Systems (SEBL) - strong buy? -- Ignore unavailable to you. Want to Upgrade?

To: Melissa McAuliffe who wrote (2857)	6/23/1999 8:49:00 AM
From: Beltropolis Boy	Read Replies (2) \| Respond to of 6974

Microsoft Adopts Siebel Systems' Web-based Front Office Applications; Microsoft Chooses Siebel Applications to Integrate Worldwide Sales and Internal Service June 23, 1999 08:04 AM SAN MATEO, Calif.--(BUSINESS WIRE)--June 23, 1999--Siebel Systems Inc. (SEBL) today announced that Microsoft Corp. has adopted Siebel's flagship product, Siebel 99, throughout the Microsoft worldwide sales and internal service organizations to help streamline sales and customer interaction. Microsoft will deploy Siebel products in 10 languages, running in more than 65 countries to reach thousands of users across their field sales, consulting and corporate account management groups. "Microsoft has made a strategic commitment to Siebel Systems, utilizing their product line to provide our sales force and internal service representatives with an outstanding front office application," said Jeff Raikes, group vice president, worldwide sales and support, Microsoft Corp. "Siebel's Web-based Front Office Applications will allow us to share information across Microsoft's geographically dispersed business groups, including access to critical customer information from anywhere in the world. Microsoft employees are able to use familiar tools with increased functionality and interoperability because of Siebel's tight integration with Microsoft products, such as Microsoft Office and Microsoft Outlook." "By delivering front office applications to Microsoft employees worldwide, together we have an opportunity to showcase and exploit the combined strengths of Siebel's Web-based products, the Microsoft SQL Server high-performance database, and the mission-critical Windows NT Server platform," said Pat House, executive vice president and co-founder, Siebel Systems. "Siebel System's early success in the front office can be attributed to the strength and durability of the Microsoft platform and the demands of Microsoft's diverse user community have greatly influenced our future product direction." Microsoft will rely on Siebel Sales Enterprise to help manage its 12,000-strong sales force across all major customer groups in more than 65 countries using 10 localized language versions of the product. Siebel Sales Enterprise will help Microsoft's sales managers, telesales and field sales professionals strengthen their relationship with customers by enabling virtual teaming, sharing of important information on customers and responding to customers' needs in a proactive way. Microsoft is also deploying Siebel Service Enterprise to manage its internal helpdesk to provide employees with "follow-the-sun" assistance 24-hours-a-day, seven-days-a-week. "Microsoft chose Siebel's applications based on Siebel's front office leadership, commitment to Microsoft platform technologies and support for multiple languages," said Michael Lucarelli, Microsoft director of sales and marketing systems and program manager for the Siebel implementation. "Siebel and Microsoft have collaborated to ensure that Siebel's front office applications running on Microsoft's platform will address the needs of global enterprises such as Microsoft."