manager-bookstore.com - SYBASE AND INTUIT TEAM TO PROVIDE CONNECTIVITY FOR THE FINANCIAL SERVICES INDUSTRY

Sybase, Inc. and Intuit Inc. today announced that they are
teaming to advance connectivity between financial
institutions and their customers. This represents a
commitment to integrate the Sybase Financial Server and
Intuit's Quicken to offer new features to the financial
services industry.

The newly formed relationship between Sybase and Intuit
reflects the growing requirement by financial institutions
to support their customers' access to financial information
through multiple channels. Using the recently announced
Sybase Financial Server, financial institutions will be
offered end-to-end compatibility with Intuit's Quicken.

"Sybase's long-term strategic vision is to provide
comprehensive offerings to the financial services
marketplace," said John Chen, president and CEO of Sybase,
Inc. "Working together, we can leverage Intuit's personal
financial management leadership and Sybase's long-term
experience and leadership in serving the enterprise
transaction processing needs of financial institutions
around the world. This benefits financial institutions by
providing open access to their customers' accounts and
transactions."

"Teaming with Sybase is part of Intuit's commitment to
delivering Internet-based financial solutions and services
that both streamline and improve the interaction between
customers and financial services companies," said William H.
Harris, Jr., executive vice president of Intuit, Inc. "By
combining our product strengths with Sybase's enterprise
capabilities and financial services leadership, this
opportunity accelerates the development and adoption of
online financial services, and joint delivery of compelling
customer solutions across banking, brokerage and other
financial services."

Financial institutions have been looking for support for the
Open Financial Exchange specification by an enterprise
vendor in order to adopt this important standard. The
recently announced Sybase Financial Server will provide
financial institutions with end-to-end Open Financial
Exchange-based connectivity to Intuit's market leading
products, including Quicken.

· Sybase and Intuit will commit engineering resources to
develop interoperability between the Sybase Financial Server
and Intuit's Open Financial Exchange-based personal
financial management products, such as Quicken. Open
Financial Exchange is a specification for the electronic
exchange of data that streamlines interoperability between
software used by consumers, such as Intuit's Quicken, and
those systems used by financial institutions, such as
Sybase's Financial Server and enterprise data management
systems. Sybase's recently announced Financial Server will
include Open Financial Exchange as one of its supported
protocols.

· Sybase, with Intuit's endorsement, will implement an Open
Financial Exchange certification program so that vendors of
client and server systems will be able to provide technology
which is compliant with the Open Financial Exchange
specifications.

· Sybase will join Intuit's Open Financial Exchange Solution
Provider program, which will enable both company's sales
teams to jointly recruit U.S. financial institutions to
become Intuit marketing partners and Sybase Financial Server
customers.

"The joint commitment of Sybase and Intuit to providing
compatibility between their respective server and client
products will give financial institutions greater confidence
in delivering Internet-based retail financial products to
their customers," said Dale Kutnick, CEO and Co-Research
Director of META Group. "This alliance further substantiates
our view that financial institutions will require more
robust solutions to provide customers on-line access."

Both Sybase and Intuit's efforts will be directed at
supporting the converged specification of Open Financial
Exchange 1.5 and Integrion's GOLD at a later date. Both are
currently utilised by major financial institutions and
service providers to enable the electronic exchange of
financial data between themselves and their customers.

Headquartered in Emeryville, CA, Sybase, Inc. is one of the
ten largest global independent software companies. The
company helps businesses manage and deliver applications,
content and data anywhere they are needed. Sybase's
products, combined with its world-class professional
services and partner technologies, provide a comprehensive
platform for delivering the integrated solutions businesses
need to be successful. Leveraging its existing strengths in
enterprise data management and enterprise application
development, Sybase, Inc. is focused on delivering
end-to-end solutions for occasionally connected, data
warehousing, and Web computing environments. Sybase
customers represent the industries leading the global
economy, with strong concentrations in financial services,
public sector, telecommunications, health care, and media
and entertainment. Sybase, Inc. is the official software
supplier for the 1998 Football World Cup. The company's Web
address is http://www.sybase.com.

Intuit Inc., a financial software and Web-based services
company, develops and markets Quicken, the leading personal
finance software; TurboTax, the best-selling tax preparation
software; and QuickBooks, the most popular small business
accounting software. Intuit's Quicken.com Web site offers a
complete set of personal finance news, information, and
tools, including the leading mutual fund and insurance
sites. Intuit's products and services enable individuals,
small businesses, and financial professionals to better
manage their financial lives and businesses.

Sybase Financial Services Worldwide is the global market
leader in enabling innovative technology solutions for the
financial services industry. The unit's core products,
professional services, and business partner collaborations
offer a full suite of open, high-performance technology
solutions to meet the unique competitive needs of financial
services institutions. These scalable enterprise solutions
include such areas as the Internet, mobile computing, and
data warehousing. The Sybase Financial Services website
address is www.sybase.com/industry_solutions/financial.

Intuit, the Intuit logo, Quicken, QuickBooks, QuickBooks
Pro, TurboTax, MacInTax, InsureMarket and ProSeries, among
others, are registered trademarks and/or registered service
marks of Intuit Inc. or one of its subsidiaries in the
United States and other countries. Quicken.com, BankNOW,
Quicken Financial Planner, and QuickenMortgage, among
others, are trademarks and/or service marks of Intuit Inc.
in the United States and other countries. OFX is a trademark
of the Open Financial Exchange Alliance. All other product
names mentioned may be trademarks of the respective
companies with which they are associated.

Statements regarding the future development of products,
features and functionality are forward-looking statements.
The product development process is subject to a variety of
inherent or unanticipated risks and the actual results could
differ materially. Such differing results could result from,
feature changes, development or testing difficulties,
changes in software or hardware standards or interfaces,
shortages in appropriately skilled engineers, software
errors, project management and other factors inherent in the
development of complex software products

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