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Patrick Corman
Corman Communications
(650) 326-9648
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David Finkelstein
Corman Communications
(917) 523-1161
david@cormancom.com

Ipedo Expands Relationship with Business Objects Through New Technology Partnership Agreement

Enterprise Information Integration (EII) Platform Unifies Data Sources; Enhances Reporting

REDWOOD CITY, Calif., May 11, 2005 – Ipedo, a leading provider of enterprise information integration (EII) software, today announced the signing of a technology partnership with Business Objects (NASDAQ: BOBJ), the world's leading provider of business intelligence (BI) solutions. Under the terms of the agreement, Ipedo will join the Business Objects Technology Partner Program and the two companies will engage in joint sales, marketing and development activities.

As part of the partnership, Ipedo will support BusinessObjects^TM XI, Crystal Reports® XI, and BusinessObjects Data Integrator XI, giving Business Objects customers new integration capabilities that will unify distributed data sources and allow the addition of new data sources into existing applications. Ipedo enables organizations to quickly combine distributed databases into unified views, develop new applications without replicating data, and add live data sources into existing reports.

The award-winning Ipedo XIP platform brings critical EII capabilities to Business Objects customers, including sophisticated cost-based query optimization, visual data source discovery, and rule processing on inbound data flows. Ipedo XIP complements the rich extract, transform, and load (ETL) capabilities of BusinessObjects Data Integrator XI by providing real-time data gathering and cross-source data combinations.

"We are pleased to announce support for the BusinessObjects XI platform," said Nick Zhang, CEO of Ipedo. "Customer demand for the data federation capabilities Ipedo provides has been growing in the BI market, and this partnership will allow us to deliver a seamless solution with the world's leading BI vendor."

"Our customers are always looking for ways to improve access to information in reporting, query and analysis, and performance management solutions," said John Dorrington, vice president of strategic alliances at Business Objects. "The addition of Ipedo to our partner portfolio gives our customers new solutions for combining disparate data sources and adding real-time capabilities to their existing investment in Business Objects."

Ipedo XIP leverages SQL and XML Query to integrate and manage information from disparate, complex data sources to enable real-time business decisions. Ipedo's novel approach treats existing corporate databases and external data flows as a single, virtual data source. This allows users to gain customized access to the information they need, in a context that makes sense, all while leveraging existing IT investments.

The Business Objects Technology Partner Program is a worldwide program designed to help complementary software and hardware providers reach broader markets, lower their costs of doing business, and take their products to market faster. For more information, visit www.businessobjects.com/partners.

About Ipedo
Ipedo delivers innovative enterprise information integration software that provides on-demand intelligence to users. The award-winning Ipedo XIP platform combines powerful SQL and XML Query processing, enabling organizations to fuse together information from any database, content source or Web Service. Customers in financial services, government, life sciences, manufacturing, and high technology organizations rely on its patented Dual-Core Query Architecture^TM to power a range of business critical applications. Ipedo is available on the Web at www.ipedo.com.

About Business Objects
Business Objects is the world's leading business intelligence (BI) software company. With more than 30,000 customers worldwide, including over 80 percent of the Fortune 500, Business Objects helps organizations gain better insight into their business, improve decision making, and optimize enterprise performance. The company's business intelligence platform, BusinessObjects^TM XI, offers the BI industry's most advanced and complete platform for reporting, query and analysis, performance management, and data integration. BusinessObjects XI includes Crystal Reports®, the industry standard for enterprise reporting. Business Objects has built the industry's strongest and most diverse partner community, and also offers consulting and education services to help customers effectively deploy their business intelligence projects.

Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com.