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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: STRTYZ who wrote (9178)	6/23/1999 9:10:00 AM
From: vagabond	Respond to of 108040

Just FYI (would be better if SEBL were a penny stock instead of $60/share -- in that case, it might do a "SCKT" kind of thing...). Vagabond (BTW: SI seems awfully "slow" to me again this morning -- anyone else noticing that?) ===================== Microsoft Adopts Siebel Systems' Web-based Front Office Applications; Microsoft Chooses Siebel Applications to Integrate Worldwide Sales and Internal Service SAN MATEO, Calif., Jun 23, 1999 (BUSINESS WIRE via COMTEX) -- Siebel Systems Inc. (Nasdaq: 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 areable 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." About Siebel Systems Siebel Systems Inc. (Nasdaq: SEBL) is the world's leading supplier of Web-based front office 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 atwww.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.