Business Objects Opens Subsidiary in Spain; Leading Decision Support Vendor Continues Aggressive Expansion to Serve Rapidly Growing Worldwide Customer Base

Business Wire, August 28, 1996

SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 28, 1996--Business Objects (NASDAQ: BOBJY), the world's leading provider of integrated query, reporting, and online analytical processing (OLAP) tools, today announced the opening of a new subsidiary in Madrid, Spain called Business Objects Espana SL.

The opening of Business Objects Espana is in response to the rapidly growing worldwide demand for its flagship product BusinessObjects, the world's leading integrated query, reporting, and OLAP tool. Customers in Spain include Airtel, Xunta de Galicia, Retevision, and Banco Guipuzcoano.

This new subsidiary in Spain is the latest addition to Business Objects' growing list of direct sales and support locations. In the spring of this year, the company announced Business Objects Nordic AB in Stockholm, Sweden, as well as new offices in North America and distributors in Latin America and Asia Pacific.

About Business Objects

Business Objects (NASDAQ:BOBJY) is the world's leading supplier of integrated query, reporting, and OLAP tools. The company's flagship product, BusinessObjects, provides mainstream business users with access to information stored in corporate databases, data warehouses, and packaged applications. The company pioneered the market for business-intelligent decision support tools in 1990 by introducing the first product to use a "semantic layer" to map complex database schemas to a business representation understandable by non-technical end users.

Business Objects led the overall decision support tools market in 1995 with software license revenues of $48.7M. Business Objects generated over $60M in revenue in 1995, concluding its fifth consecutive year of more than 100% revenue growth. BusinessObjects has been licensed in more than 50 countries to 3,200 customer sites and 185,000 users worldwide.

Business Objects partners with more than 350 leading third-party vendors including Arbor Software, Carleton, Hewlett-Packard, Informatica, Informix, IBM, Microsoft, Oracle, PeopleSoft, Prism, Pyramid, Red Brick, SAP, Silicon Graphics, Sun, Sybase, Tandem, and Texas Instruments. Strategic resellers include Bull, Digital, Fujitsu, NCR, Price Waterhouse, Sequent, SHL, Siemens Nixdorf, Toshiba, and Unisys. More information on Business Objects can be found on the World Wide Web at http://www.businessobjects.com. -0-

Note to Editors: BusinessObjects is a trademark of Business Objects S.A. Other company and product names may be trademarks of the respective companies with which they are associated.

CONTACT: Business Objects

Miriam Standish, 408/953-6105

mstandis@busobj.com

or

Blanc & Otus

Melissa Sheridan, 415/512-0500

msheridan@bando.com