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Technology Stocks : Iona (IONA) -- Ignore unavailable to you. Want to Upgrade?

To: LightPen who wrote (472)	1/20/2000 9:04:00 AM
From: LightPen	Read Replies (1) \| Respond to of 491

IONA Technologies Announces Worldwide Partnership With Compaq to Help Customers Reduce the Cost of Transitioning to e-Business IONA and Compaq to Jointly Develop, Market and Sell IONA iPortal Suite Optimized for Compaq Customers WALTHAM, Mass.--(BUSINESS WIRE)--Jan. 20, 2000-- IONA© Technologies (NASDAQ:IONA - news), today announced a significant worldwide partnership with Compaq Computer that will drive IONA's products to new markets with Compaq, and help Compaq's customers ease the transition to e-business. Under terms of the agreement, IONA and Compaq will jointly develop, market and sell versions of IONA iPortal Suite and other IONA products supporting all Compaq platforms. Compaq Professional Services will incorporate IONA technologies into its Compaq NonStop e-business solutions offerings, and Compaq will have worldwide distribution rights to all IONA products on all platforms. The two companies will collaborate in a joint engineering development project to deliver an IONA iPortal Suite optimized for Compaq. IONA will release the iPortal Suite for Compaq by the end of 2Q 2000, and will offer support for Windows NT (Intel) and Compaq Tru64 UNIX. As part of this agreement, IONA will include Compaq Tru64 UNIX as one of their top tier platforms for software releases. IONA will also port Orbix 2000, IONA's new middleware engine based on a new modular architecture designed for the dynamic operations of enterprise portals, to Compaq's OpenVMS platform. Compaq's Proliant Windows NT (Intel) server will become IONA's reference platform for the iPortal Suite software. ``IONA is thrilled to begin this significant, strategic partnership with Compaq,' said Dr. Chris Horn, chairman and CEO of IONA Technologies. ``With its offerings in the areas of Internet infrastructure, and its ability to drive industry-standard solutions to broad markets, Compaq is uniquely qualified to meet enterprise e-business needs. IONA's iPortal Suite, with its support for the development, deployment and management of enterprise portals, is a perfect complement to Compaq's enterprise solutions and services.' ``Compaq is a leading vendor of enterprise NonStop eBusiness systems, solutions and services,' said John N. Ardini, Vice President, eInfrastructure Solutions, of Compaq's NonStop(tm) eBusiness Solutions Division. ``IONA Technologies, with its e-business application infrastructure and its enterprise portal tools and technologies, is key to our growing success in this area. We are excited to undertake this partnership with IONA, because IONA's enterprise technology and expertise enhances our own ability to deliver large-scale NonStop e-business solutions across multiple Compaq platforms.' ``IONA's products are extremely complementary to our focus on Microsoft technologies,' according to Franc Gentili, Director of Applied Technologies and Architectures, Compaq Professional Services. ``With the ability to integrate these products into our services offerings we will be able to extend our expertise in the areas of component integration and work closely with IONA to meet the needs of our many mutual customers. IONA has been a long time partner of Compaq Professional Services and we look forward to their next generation of products.' About IONA iPortal Suite IONA iPortal Suite is the industry's first multi-platform suite of products that addresses the problems in developing, deploying and managing a specific class of eBusiness applications commonly referred to as enterprise portals. IONA iPortal Suite features a new architecture that tightly integrates four separate products: IONA iPortal Application Server(TM), IONA iPortal Integration Server(TM), IONA iPortal Server(TM), and Orbix 2000(TM). IONA iPortal Suite unifies the members of an e-business project team and allows them to easily deploy and manage an enterprise portal that integrates with existing enterprise applications.