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IBM Net.Commerce Software Now Features Euro Currency Support & Auction Technology Preview

Compatibility with Business Partner Applications Expands Functionality in Payments, Personalization, Reporting and Shipping

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Somers, NY - 01 Dec 1998: . . . IBM* today announced several enhancements to its IBM Net.Commerce* software, making it one of the first commerce servers in the industry to support Euro Currency. In addition, IBM announced new relationships with 18 business partners whose software applications, along with IBM Net.Commerce provide a range of new electronic commerce functionality from personalization to merchandising, customer service, supply chain management, payments and enterprise resource planning.

IBM also announced two new business-to-business customers who are using IBM Net.Commerce for supply chain management solutions. Finally, IBM announced pricing and general availability for its IBM Net.Commerce Hosting Server*

"The enhancements to IBM Net.Commerce reflect IBM's goal of helping companies of all sizes 'start simple and grow fast' so they can immediately benefit from the Web's enormous potential," said Karl Salnoske, general manager, electronic commerce, IBM Software Solutions Division. "Our new business partners bring tremendous value to customers by providing additional solutions for running a successful e-business. With our commerce server software portfolio offering the broadest functionality in the industry, combined with our long list of business partners and customers, we believe IBM is leading the electronic commerce industry. "

Support for Euro Currency

IBM Net.Commerce is one of the first commerce servers on the market to support Euro Currency, further expanding IBM's impressive roster of international currencies presently supported. By supporting Euro Currency, IBM is enabling its IBM Net.Commerce customers conducting business in and with Euro-zone countries to comply with the new currency, and thereby gain a competitive advantage. The Euro Currency, which is a European issue with global implications, represents a key driver for the growth of e-business in Europe. The immediate availability of this support coincides with Euro Currency's worldwide implementation date of January 1, 1999, and will enable businesses of all sizes to compete more effectively in global markets. To learn more about the business implications of Euro Currency, visit our Web site at www.ibm.com/euro .

Auction Technology Preview

IBM Net.Commerce is previewing IBM's auction code, which can be downloaded at www.software.ibm.com/commerce/net.commerce/auction.html. By previewing the common 'real-world' business practice of price negotiation based on supply and demand into the online world, IBM Net.Commerce provides business-to-business and business-to-consumer merchants with options for promoting new items, liquidating excess inventory, or selling discontinued products.

Currently, IBM is working with select customers participating in its beta program for auction capability. A future release of IBM Net.Commerce will support a full range of auctioning styles helping to facilitate new business opportunities for customers.

New Business Partners

With software and services geared toward managing critical business issues, IBM's newest business partners offer leading-edge functionality for building powerful e-business solutions. These applications include personalization, merchandising, customer service, payments, enterprise resource planning (ERP) and supply chain management.

New Business Partners announced today include: ASSIST CornerStone Technologies**, CyberCash**, CyberSource**, Datasul**, e2 Software Corp.**, EuroSoft**, Information Builders, Inc.**, Ironside Technologies**, Magic Consulting Australia**, Netcentives**, net.Genesis Corp.**, Paciolan**, PaylinX**, Seagate Software**, Simware**, SNS/Assure Corp.**, United Parcel Services** (UPS), and VideoServer**.

In addition, the integration code for Net Perceptions** for E-commerce personalization software is now available for IBM Net.Commerce. Merchants using both software applications can leverage user behavior profiles to offer customers product recommendations, creating a one-to-one experience that results in increased sales and unparalleled customer loyalty.

Customers

IBM announced two new business-to-business customers that have selected IBM Net.Commerce, along with other IBM software, hardware and services, to implement commerce-enabled Web sites. The new IBM e-business customers are:

IBM Net.Commerce Hosting Server Availability

IBM today announced that the IBM Net.Commerce Hosting Server* solution will be generally available on the Windows NT** and AIX platforms on December 18, 1998 and Sun Solaris** platform on February 26, 1999. The price of the IBM Net.Commerce Hosting Server is $12,499 for the first processor and includes 5 merchant licenses; $9,999 for each additional processor; $499 for a single merchant license; and $450 per license for 50 merchants. Additional volume discounts are available for higher volumes.

Announced at ISPCon in September, IBM Net.Commerce Hosting Server is a solution for helping Internet Service Providers (ISPs) deliver a full-range of hosted electronic commerce services for the smallest to largest businesses. Using this integrated software package, ISPs can set-up and operate full-service, low-maintenance, hosted electronic commerce services for multiple sellers in a shared commerce server environment.

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