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Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (1287)	7/26/2000 10:07:12 AM
From: sandintoes	Read Replies (1) \| Respond to of 2477

Sounds like you're having a wonderful time..How many countries will you be visiting, and when will you be coming home? You're right about BEAS being a premier company..here is some news, I know you said BEAS wasn't covered in Europe. Quite a feather in BEAS's hat! siliconinvestor.com Deutsche Bank Selects the BEA E-Commerce Transaction Platform One of the World's Largest Financial Services Companies Selects BEA as Its Lead Transaction Software Platform for Implementing E-Commerce Initatives SAN JOSE, Calif., Jul 26, 2000 /PRNewswire via COMTEX/ -- BEA Systems, Inc. (Nasdaq: BEAS chart, msgs), The E-Commerce Transactions Company(TM), today announced that Deutsche Bank (OTC: DTBKY chart, msgs), one of the world's largest financial services groups, has signed a strategic global agreement with BEA for their E-Commerce Transaction Platform(TM), which includes BEA products, services, and support. In February 2000, Deutsche Bank unveiled an e-commerce strategy that involves investing 300 million euros (US $281 million) in more than 200 Internet-related projects for the year. "E-Commerce is a key element to Deutsche Bank's future success and forms an integral part of our strategy. To help us succeed with this strategy, we have selected the BEA E-Commerce Transaction Platform as central to our strategic technology architecture," said Dr. Kevin O'Connor, head of applied technology, CBIT Deutsche Bank. "We evaluated all the leading players in the market," O'Connor continued, "but specifically chose the BEA E-Commerce Transaction Platform because of its proven reliability, robustness and high scalability. We will use BEA's suite of products and services as the backbone for a number of our key upcoming e-commerce projects." "Deutsche Bank understands clearly that the Internet is changing financial services more than any other industry, and that to continue leading the industry the bank has to reinvent itself -- and every service that it offers -- from the Web up," said Alfred Chuang, BEA's president and chief operating officer. "The BEA E-Commerce Transaction Platform, as the premier end-to-end e-commerce solution in the world, is providing Deutsche Bank with the means to offer global access anytime to a wide range of customized products and services. We're proud that Deutsche Bank is relying on BEA's proven ability to develop and deliver reliable, revenue-generating applications fast -- personalized applications that can be integrated with the bank's and its customers' existing back-end systems and that can scale to support the bank's continued growth and success."