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 TietoEnator, the Nordic's largest IT services company, today announced a global partnership alliance whereby the two companies will offer comprehensive integration solutions across key vertical markets as part of TietoEnator's Digital Innovations initiative. TietoEnator's Digital Innovations Unit for Enterprise Application Integration (EAI) offers solutions based on leading integration technologies. Digital Innovations develops and intensifies digital self-service applications, to improve synergies between TietoEnator's vertical business areas, and to accelerate the product packaging and integration processes of the key digitalized self-service applications. Together, SeeBeyond and TietoEnator can provide organizations with robust enterprise-scale integration solutions based on open standards and built on a Service-Oriented Architecture (SOA) to support the optimization of business processes, allowing customers to leverage existing IT investments. "We see great opportunities for our services based on SeeBeyond's products in combination with TietoEnator's extended experience in development and integration of complex IT solutions," said Marko Ovaska, Director of TietoEnator. "SeeBeyond's reputation and comprehensive integration suite, coupled with our implementation experience, will enable customers to realize a positive, rapid return on their IT investments by leveraging their existing enterprise applications and bringing new applications to market quickly." "Partnering with an organization like TietoEnator that really understands the challenges and opportunities associated with driving added value from IT investments is essential to our mission," said Ian Hill, senior vice president and general manager of EMEA for SeeBeyond. "Building on the success of joint customers in the Nordic region to date, we are delighted to be working with TietoEnator worldwide to deliver market-leading solutions based on our industry-leading technology." SeeBeyond and TietoEnator have already successfully delivered projects based on SeeBeyond's ICAN Suite for approximately 20 customers in the Nordic region across the public sector and healthcare markets. Together, the alliance offers organizations a proven, scalable J2EE- and Web services-based platform to help organizations deploy a new generation of composite applications. About TietoEnator TietoEnator is one of the leading architects in building a more efficient information society and the largest IT services company in the Nordic countries. TietoEnator specialises in consulting, developing and hosting its customers' business operations in the digital economy. The Group's services are based on a combination of deep industry-specific expertise and latest information technology. TietoEnator has close to 14,000 experts in more than 20 countries. www.tietoenator.com 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 success of SeeBeyond's relationship with TietoEnator as well as the success of the joint solutions are statements based on SeeBeyond's current expectations, assumptions, estimates and projections, its industry and its 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 SeeBeyond products and services as well as the joint offerings with TietoEnator. Additional risks include the success of the relationship between SeeBeyond and TietoEnator, potential release of competitive products, and the market acceptance of the joint offerings 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 for the year ended December 31, 2004, and its quarterly reports on Form 10-Q. SeeBeyond does not undertake to update any forward-looking statements.