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To: Susan G who wrote (1911)6/20/2001 7:20:31 AM
From: wgh613  Respond to of 26752
 
BEAS,

BusinessWeek Names BEA to 'Information Technology 100' for Second Year in a Row
In the 'Era of Efficiency', BEA Moves Up Nine Places for Its Positive Impact on E-Business Productivity, Performance and Profitability
SAN JOSE, Calif., Jun 20, 2001 /PRNewswire via COMTEX/ -- BEA Systems, Inc. (Nasdaq: BEAS chart, msgs), one of the world's leading e-business infrastructure software companies, announced today that BusinessWeek ranked the company #63 in its fourth annual Information Technology 100, the ranking of the world's best-performing technology companies, published in the June 18, 2001, issue. In the second year in a row that BEA has made the Info Tech 100 list, BEA's ranking rose nine places over last year, reflecting the software leader's ability to survive and thrive in a tough economy by delivering software solutions that future-proof e-businesses for high growth and profitability.

"The Class of 2001 is dominated by companies that have either achieved the efficiency long promised by the technology revolution or that sell products and services to help others improve their bottom line," states author Peter Burrows in the story titled 'The Era of Efficiency.' "In the post-Net boom era, two things will become clear: Selling efficiency is good, being efficient is better, and doing both is the recipe for success."

BusinessWeek editors compiled the Info Tech 100 by examining U.S. companies' financial data from Standard & Poor's Compustat, and adding information about global firms recommended by the magazine's foreign bureaus. Editors then judged the selected technology companies according to four equally weighted criteria: revenue growth, total revenues, shareholder return, and return on equity. According to the article, the volatile economy is leading companies to spend on technology that cuts costs and improves efficiency. The article notes that, "as companies demand more ways to streamline and reduce expenses, they will increasingly turn to the Net as a cheap communications backbone for everything from buying ballpoint pens to linking complex supply chains, spanning scores of countries." The BEA WebLogic(R) E-Business Platform, which helps enable companies to share data and business processes fluidly across the enterprise and the Internet, is a case in point. Earlier this month, BEA announced the expansion of its platform, becoming the first company to combine an application server, Web Services, integration and portal technologies into a single, powerful, integrated, standards-based e-infrastructure solution.

"This year's Info Tech 100 recognizes companies whose products positively impact the bottom line by facilitating businesses' use of the Net," said Bill Coleman, founder, chairman and CEO of BEA Systems, Inc. "The BEA WebLogic E-Business Platform helps do just that, making it easier for organizations to seamlessly share data and business processes across networks to become more agile and customer-centric companies. The Info Tech 100 is an acknowledgement of our commitment to providing effective and innovative software to help future-proof today's businesses."