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Technology Stocks : Siebel Systems (SEBL) - strong buy? -- Ignore unavailable to you. Want to Upgrade?


To: Lee L. who wrote (2716)4/20/1999 6:09:00 PM
From: Fitz  Read Replies (1) | Respond to of 6974
 
anyone have the CC playback phone number??



To: Lee L. who wrote (2716)4/20/1999 7:59:00 PM
From: mike machi  Read Replies (1) | Respond to of 6974
 
hELLO..



-- IBM -- IT -- SEBL

Siebel Systems Teams with IBM to Deliver Siebel Enterprise Applications Tightly Integrated with DB2 Universal Database

Siebel Systems Teams with IBM to Deliver Siebel Enterprise Applications
Tightly Integrated with DB2 Universal Database

SAN MATEO, CALIF. (April 20) BUSINESS WIRE -April 20, 1999--

Packaged Solution Lowers Total Cost of Ownership to Siebel
 Customers with Complete, Out-of-the-Box Support for DB2

Siebel Systems, Inc. (Nasdaq:SEBL) today announced that the company has
signed a joint development, marketing and sales agreement with IBM
Corporation (NYSE:IBM) to deliver out-of-the-box integration between
IBM's DB2(R) Universal Database(TM) and Siebel Enterprise Applications.
This long-term commitment will enable customers to install and deploy
Siebel enterprise relationship management (ERM) applications faster,
minimize the total cost of ownership, and allow for greater scalability
as their organizations grow.

As part of the agreement, Siebel will package and ship DB2 Universal
Database as the recommended database with its sales, marketing and
customer service applications. Siebel chose DB2 because it offered the
highest performance for enterprise scalability and afforded the
greatest facility for Web and E-commerce enablement at the lowest cost
to Siebel customers.

Under the terms of the agreement, Siebel and IBM will support DB2 for
Siebel applications on IBM AIX, Sun Solaris, HP/UX, Microsoft Windows
NT and IBM OS/390. Customers who purchase Siebel applications and DB2
together will pay substantially less than if they purchased these
products separately. In addition, IBM has agreed to provide these
customers with direct access to IBM's customer service and support.
This ensures that Siebel's DB2 customers have the most knowledgeable
DB2 support professionals assisting them first-hand.

"We made this strategic commitment to IBM DB2 for several reasons,"
said Thomas M. Siebel, chairman and CEO, Siebel Systems, Inc. "We have
done exhaustive benchmarking of our application suite on DB2 versus
Oracle and other leading database management systems. Without question,
DB2 is the highest performance, most scalable database platform for an
enterprise deployment of the Siebel Enterprise Applications. DB2
enables our customers to fully exploit the power of the Web-based
Siebel 99 product line. With DB2 our customers can harness the full
power of the Internet to establish and maintain customer relationships.
Completely integrated. Entirely Web-based. Fully supported by both IBM
and Siebel. Low cost. This is a big win for Siebel Systems customers
worldwide."

"Siebel Systems is a leader in Web-based enterprise applications
software. Companies are choosing IBM DB2 Universal Database as the
foundation for E-business applications. This is a natural combination
of leading technologies bringing enormous benefit to our mutual
customers," said Janet Perna, general manager, data management, IBM
Software Solutions. "This multi-year relationship between Siebel
Systems and IBM will bring our joint customers increasing strategic
business benefits as we continue to optimize our products to work even
better together."

"This joint venture between Siebel and IBM is long awaited news for
Bank of America," said Steve Callaghan, executive vice president for
direct banking technology, Bank of America. "It supports our long term
technology plans for delivering integrated sales and service to our
customers with standardized components on a highly scalable,
Web-enabled platform. With IBM and Siebel Systems working together, we
are better positioned to meet the massive scalability requirements and
Web-based customer management mandate of the ever-growing Bank of
America enterprise. This is exactly the type of cooperation that we
need from our technology partners."

Siebel and IBM have also created a Joint Technology Center, located at
Siebel Systems headquarters in San Mateo, CA, staffed by both Siebel
and IBM engineers. In this center, new Siebel products will be built,
tested and certified for optimal performance on the DB2 platform. DB2
will also be used as the database engine of choice for Siebel's new
Sales.com Internet initiatives.

Siebel plans to begin shipping its applications packaged with DB2 in
Q3, 1999. About IBM DB2 Universal Database

As the foundation for E-business, DB2 Universal Database is the
industry's first multimedia, Web-ready relational database management
system, strong enough to meet the demands of large corporations and
flexible enough to serve medium-sized and small businesses. DB2
Universal Database combines power for business intelligence (data
warehousing and data mining) with industry-leading performance,
security and reliability to drive the most demanding industry
solutions. DB2 Universal Database combined with Internet technology
makes information easily accessible, available and secure. With more
than one million DB2 server licenses and 40 million users, IBM is the
market share leader in the worldwide database industry according to
Dataquest Inc., a unit of Gartner Group, Inc. About Siebel Systems

Siebel Systems, Inc. (NASDAQ:SEBL) is the world's leading supplier of
Enterprise Relationship Management software systems. Siebel Systems
provides an integrated family of Web-based sales, marketing and
customer service application software for field sales, customer
service, telesales, telemarketing, field service, third-party resellers
and Internet based E-commerce and self service. Siebel Systems products
are designed to meet the needs of small, medium and large businesses.
Siebel Systems sales and service facilities are deployed locally in
over 20 countries and can be reached through the World Wide Web at
www.siebel.com.

Except for the historical information contained herein, this press
release contains forward-looking statements that involve risks and
uncertainties. The success of the alliance and products described above
and the future operating results of Siebel Systems, Inc. may differ
from the results discussed or forecasted in the forward-looking
statements due to factors that include, but are not limited to, risks
associated with Enterprise Relationship Management markets, dependence
on the Internet, risks associated with new versions and new products
and risks associated with rapid technological change. Further
information on potential factors that could affect the financial
results of Siebel Systems, Inc. are included in Siebel Systems, Inc.'s
Report on Form 10-Q for the fiscal quarter ended Sept. 30, 1998 and its
Registration Statement on Form S-3 dated Nov. 27, 1998, which are on
file with the Securities and Exchange Commission.

Siebel is a trademark of Siebel Systems, Inc. and may be registered in
certain jurisdictions. All other product and company names mentioned
are the property of their respective owners and are mentioned for
identification purposes only.

-0- cs/sf*

CONTACT: Siebel Systems
 Tamara Ireland Stone, 650/295-5455

tstone@siebel.com

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