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To: TEDennis who wrote (327)	4/17/1998 8:54:00 PM
From: trader	Respond to of 684

SAFECO Awards Interactive Objects $2M Enterprise-wide Internet Project Interactive Objects' Expertise in Object-Oriented Web Technology Key to Their Selection REDMOND, Wash.--(BUSINESS WIRE)--April 17, 1998--Interactive Objects Inc. (OTC BB:OBJX - news) creators of modular software development tools and components, announced today that SAFECO Corporation (SAFECO) has awarded Interactive Objects' Consulting Division a $2 million contract outlined in a joint software development agreement. Under the terms of the agreement, Interactive Objects will join with SAFECO's corporate developers in a highly strategic Intranet-based information automation system code named ''ProjectX.'' ''SAFECO selected Interactive Objects after an exhaustive process of evaluating responses to an RFP (request for proposal) submitted to over ten leading consulting firms in the IT market,'' states Eric Gulotta, Assistant Vice-President of Information Systems for SAFECO. ''We chose Interactive Objects because of the unique blending of technology and business expertise they had to offer. They gave us a very detailed and complete RFP response that demonstrated a good understanding of our business problem. This response, combined with their thorough understanding of Internet component-based application design, made our decision to partner with them very easy.'' ''SAFECO has effectively used computer technology and advanced business practices to make them one of the nation's largest diversified financial services corporations,'' explains Steve Jackson, Chief Technology Officer of Interactive Objects. ''Their decision to partner with Interactive Objects underscores our innovative leadership in the industry and their commitment to advanced technology. Our unique understanding of application technology allow us to provide companies like SAFECO a significant competitive advantage by strengthening their internal communications through object modeling.'' Interactive Objects also announced today their intent to cancel development of all planned Novell-based controls. The move enables Interactive Objects to focus their corporate resources exclusively on the Windows NT environment. About SAFECO Insurance Company of America Founded in 1923 as the General Insurance Company of America, SAFECO today is one of the largest diversified financial corporations in the country with more than $27 billion in combined assets as of June 30, 1997, and combined 1996 revenues of $6 billion. Property and casualty insurance was SAFECO's original business and remains its largest operation. With the acquisition of American States, SAFECO ranks as the 15th largest property and casualty insurer in the country. The corporation employs more than 11,000 people and is represented by more than 8,000 independent agents nationwide. SAFECO's website address is www.safeco.com. About Interactive Objects Interactive Objects Inc. develops and markets modular software development tools and components. These ActiveX tools enable Windows NT/95 programmers to develop or upgrade communications systems -- both intranet and Internet -- without spending an inordinate amount of time or money learning new systems and languages. A publicly traded company, Interactive Objects was founded by a pair of Microsoft veterans in 1995. Interactive Objects is headquartered at 17720 NE 65th Street, Suite 202, Redmond, WA 98052. The company can be reached by telephone at 425/869-6338 and by fax at 425/869-1889. Interactive Objects is located on the Web at www.iobjects.com. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Interactive Objects) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the high technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. These forward statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. ''Interactive Objects'' and the Interactive Objects logo are trademarks and service marks of Interactive Objects Inc. (the ''company''). All other tradenames and trademarks appearing in this press release are the property of their respective holders. ------------------------------------------------------------------------ Contact: Interactive Objects Interactive Objects Daren Kloes (Media) Steve Wollach (Investor) 425/869-6338 425/869-6338