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

To: LightPen who wrote (482)	4/12/2000 7:21:00 AM
From: LightPen	Read Replies (1) \| Respond to of 491

IONA Announces Alliance With CSC To Leverage Joint Successes in Enterprise B2B Deployments Successful Deployments at Conseco Finance, Enron Energy Services and Other Provide Foundation for Joint B2B Relationship WALTHAM, Mass.--(BUSINESS WIRE)--April 12, 2000-- IONA Technologies, The Enterprise Portal Company(TM) (NASDAQ:IONA - news), today announced an alliance with Computer Sciences Corporation (NYSE:CSC - news) to deliver the technology, best-practices and services that Global 2000 companies need to build B2B enterprise infrastructure. Over the last year, IONA and CSC have successfully implemented enterprise system integrations at Conseco Finance, Enron Energy Services and other joint customers. Today's alliance formalizes a long-standing business relationship between the companies designed to leverage the combined strengths and core competencies of both organizations. Terms of the alliance include IONA products, training, professional services and co-marketing. IONA's products provide a comprehensive development and deployment environment that helps organizations integrate existing large-scale legacy applications, develop new application logic and deploy these software systems online in a secure and personalized manner. CSC and IONA will work together to provide customers the technology and integration consulting services needed to develop enterprise infrastructure and B2B portals engineered for e-business and the specific needs of their audiences and markets. ``CSC has built a strong client base in the information technology consulting and management market,' said Ed Gaudet, vice president of marketing for IONA. ``CSC and IONA have worked together for several years and developed a strategy that leverages our complimentary strengths. We look forward to working with CSC to implement that strategy and help our customers utilize the industry's most comprehensive B2B enterprise technology.' ``It is clear that IONA has dominated the enterprise infrastructure space and is an emerging market leader in the B2B enterprise portal space,' said Tony Stratton, Operations Manager in CSC's Consulting Group. ``When our clients approach us for help to solve their technology and e-business problems, we provide solutions that utilize the best technology available to meets their specific needs. Working with IONA undoubtedly enhances our ability to help our customers.'