SBYN Seebeyond Technology Corp (MM)

SeeBeyond (Nasdaq: SBYN), provider of the world's first fully integrated composite application network suite (SeeBeyond ICAN Suite) for advanced integration and composite application solutions, and ErgoGroup AS, one of Norway's largest IT companies, today announced a strategic alliance whereby the two companies will market and deliver solutions to the Norwegian market. ErgoGroup provides solutions for value chain integration, integrated solutions for logistics, advisory services and applications management in addition to in-depth implementation knowledge and many years of experience across multiple key markets. SeeBeyond offers a leading-edge platform suite for the delivery of enterprise integration and composite application solutions based on a Service-Oriented Architecture (SOA). As a part of the alliance, ErgoGroup and SeeBeyond will jointly market their solutions to a variety of industry sectors, including Healthcare, Public Sector, Financial Services, Logistics and Retail. "We see great opportunities in the Norwegian market for services based on SeeBeyond's products in combination with ErgoGroup's extended experience in development and integration of complex IT solutions. We recognize SeeBeyond amongst the most competitive companies in the segment for advanced integration solutions. ErgoGroup has already delivered a successful project based on SeeBeyond's ICAN for Norway Post (Posten Norge). Our ambition is to be the preferred partner in Norway for SeeBeyond. We have already identified several attractive prospects where we will cooperate with SeeBeyond in the Norwegian market," said Oyvinn Ottestad, Director Business Solutions ErgoGroup. Together, the alliance offers organizations a proven, scalable J2EE- and Web services-based platform to help organizations deploy a new generation of composite applications that leverage existing IT investments. In addition, customers can address the roll-out of strategic initiatives including establishing a single view of patients/citizens, the integration of back-end systems for streamlining supply chain operations and the orchestration and optimization of business processes. "We anticipate that the partnership with ErgoGroup will support SeeBeyond's efforts in expanding our established position in the Nordic markets," said Ian Hill, senior vice president and general manager of EMEA for SeeBeyond. "The combined offering of market-leading products and services offered by the two companies will be particularly attractive for a wide range of potential customers." About SeeBeyond With more than 15 years of software innovation and real-world experience in integrating systems across Global 2000 organizations, SeeBeyond (Nasdaq: SBYN) delivers the industry's most comprehensive, standards-compliant network for the rapid assembly and deployment of enterprise-scale end-user applications built on existing systems and infrastructure. The SeeBeyond(R) Integrated Composite Application Network (ICAN) Suite helps organizations dramatically improve business operations resulting in reduced costs, increased market share and improved customer service. SeeBeyond has more than 2,000 customers worldwide, including Blue Cross Blue Shield of Massachusetts, BHP Billiton, The Cleveland Clinic, The Dial Corporation, DuPont, Florida Power & Light, Fluor Daniel, Fujitsu, General Motors, Halliburton, Hertz Corporation, HP, Lockheed Martin, Pfizer, Samsung and Sprint. For more information, please visit www.seebeyond.com. SeeBeyond is a registered trademark of SeeBeyond Technology Corporation in the United States and select foreign countries. SeeBeyond Integrated Composite Application Network Suite, eGate and eInsight are trademarks of SeeBeyond Technology Corporation. The absence of a trademark from this list does not constitute a waiver of SeeBeyond Technology Corporation's intellectual property rights concerning that trademark. All other brands or product names are trademarks of their respective owners. This news release includes statements that are not historical in nature and as such are intended to be forward looking statements for purposes of the safe harbor provided by the Securities Litigation Reform Act. These statements, including those related to the collaboration between ErgoGroup and SeeBeyond to jointly market and deliver products and or solutions, the success of the collaboration and the goal of ErgoGroup and SeeBeyond to work together to further their respective leadership positions are statements based on current expectations, assumptions, estimates and projections, their industries and their future prospects. These statements are predictions, and actual events and results may differ materially from those forward-looking statements based on certain risks, including market acceptance of the jointly marketed products and services, and the potential release of competitive products, among other factors. The forward-looking statements contained in this news release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission including its Annual Report filed on Form 10-K , and its quarterly reports on Form 10-Q. SeeBeyond does not undertake to update any forward-looking statements.