InStranet Announces Strategic Alliance with Business Objects
 
Partnership Offers Complementary Solution for Unstructured Information Management within a Secured Collaborative Portal for the Extended Enterprise
 
New York, December 4, 2001 – InStranet, Inc., the leader in enterprise information exchange (EIX), today announced a technology alliance partnership with Business Objects (Nasdaq: BOBJ), the world’s leading provider of business intelligence (BI) solutions, to offer customers a complementary solution for unstructured information management.

Currently, Business Objects offers access to unstructured data through BUSINESSOBJECTS‘ INFOVIEW, which provides a portal interface for accessing a range of information, including Word documents, Excel spreadsheets, PowerPoint presentations, and PDF or ZIP files. This integration with InStranet’s EIX solution will provide Business Objects customers with complementary capabilities for creating, organizing, and securing unstructured information.

InStranet's EIX provides companies with a secure, organized content warehouse for managing critical business information, including memos, proposals, reports and other content which is typically exchanged via e-mail, fax and traditional mail. The application allows both internal and external users to take advantage of its advanced collaboration functionality, including workflow, library services, template authoring, and tracking. With intuitive ease, business users can independently publish, organize, and secure content. As a shared platform, users from inside and outside the corporation can collaborate on a document utilizing tools that, until now, have only been available for internal communications.

As the market leader in business intelligence, we provide our 14,000 customers with the ability to access, analyze, and share the mountains of structured and unstructured data that exist inside and outside their organizations,” said Mark Tice, group vice president, global alliances at Business Objects. “This partnership provides our customers with a complementary solution for accessing the wealth of unstructured data that exists in their organizations.”

“At Zurich we have implemented InStranet and Business Objects to expand our extranet service offerings to our top corporate clients,” said Frank Colletti, director of e-business solutions at Zurich U.S.

"Companies realize they need to combine information from both data and document warehouses to gain a total view of their business and key relationships. With InStranet's EIX and Business Objects, corporations are able to quickly and efficiently bring together both structured and unstructured information to improve business decision making," stated Tony Jewitt, senior vice president of marketing at InStranet.

About Business Objects

Business Objects is the world's leading provider of business intelligence (BI) solutions. Business intelligence lets organizations access, analyze, and share information internally with employees and externally with customers, suppliers, and partners. It helps organizations improve operational efficiency, build profitable customer relationships, and develop differentiated product offerings.

Business Objects pioneered the modern BI industry in 1990 by inventing a patented "semantic layer" that insulates users from the complexity of databases. In 1995, the company was first to focus on enterprise-scale BI deployments and today supports customers with more than 20,000 users. The company moved aggressively to the Internet in 1997 by pioneering the market for BI extranets, a market that it continues to lead today. In 2000, the company delivered the industry's first interactive mobile BI solution. Today, Business Objects continues to innovate, creating and delivering a unique vision for enterprise analytic applications.

Business Objects has more than 14,000 customers in over 80 countries. The company's stock is publicly traded under the ticker symbols NASDAQ: BOBJ and Euronext Paris (Sicovam code 12074). It is included in the SBF 120 and IT CAC 50 French stock market indexes. Business Objects can be reached at 408-953-6000 and www.businessobjects.com

* BUSINESSOBJECTS is a trademark of Business Objects.

InStranet is a worldwide leader of multi-channel knowledge business applications. Global 2000 companies rely on InStranet's solutions to automate content and knowledge delivery for contact centers, field sales and Web self-care for servicing and sales initiatives. InStranet's Multi-Channel Knowledge Applications enable businesses to securely create, manage and deploy critical profile-based content for enterprise channels, and to analyze results to identify key successes or areas for improvement.

InStranet applications are currently deployed in many high-profile global enterprises, including 3M, AXA, BNP Paribas, Credit Lyonnais, France Telecom, Manpower, Orange, and Zurich North America. Global partners include Aspect Communications, BEA Systems, Genesys, IBM, Oracle, and Sun Microsystems. InStranet is headquartered in Chicago with offices in Paris, and technology and distribution partnerships throughout Europe and Asia.

For more information, contact:

InStranet, Inc.
InStranet EMEA
Andrew Zinger
(312) 629-4577
azinger@instranet.com