IONA Announces the Appointment of Robert Sandie as Vice President of Business Development; Industry Veteran Brings Two Decades of Strategic Alliance and Partnership Experience to IONA

Business Wire, April 26, 2001

Business/Technology Editors

WALTHAM, Mass.--(BUSINESS WIRE)--April 26, 2001

IONA(R), the leading e-business platform provider for Total Business Integration(TM) (NASDAQ:IONA), today announced the appointment of Robert Sandie to the position of vice president of business development. In this new role, Sandie will oversee the growth of IONA's strategic relationships with industry leaders such as Microsoft, Compaq, Intel, Sun Microsystems and Accenture, and the expansion of IONA's overall business development initiatives and market leadership position.

Sandie has held executive level positions in the software industry for the past 15 years. Most recently, Sandie served as Vice President of Global Alliances for webMethods where he built the business development and alliances team from the ground up and managed OEM relationships with SAP, i2, Oracle, Ariba, Commerce One, and Siebel Systems. Additionally he developed and managed System Integration partnerships with EDS, PWC, KPMG and others.

Prior to joining webMethods in 1999, Sandie served as Global Alliances Director at Veritas Software/Seagate Software for five years where he began and built the company's ISV Partner Program to over 150 partners. Sandie has also held numerous executive level alliance and business development positions at organizations including Macro 4 Inc., Knowledge Direct, Inc., and Sumitomo America.

"I am pleased to announce the addition of Bob Sandie to IONA's management team," said Barry Morris, CEO at IONA. "Bob greatly strengthens our ability to develop strategic partnerships and rapidly expand IONA's franchise of world-class products and services."

About IONA

IONA is a leading e-business platform provider for Total Business Integration. The IONA Suite provides users with a complete business solution for end-to-end business integration inside and outside the firewall. IONA's e-business platform includes a J2EE-compliant application server, mainframe and an enterprise application integration suite as well as XML web services, Java and CORBA development tools, and a business-to-business (B2B) integration platform. Founded in 1991, IONA is headquartered in Dublin, Ireland with U.S. headquarters in Waltham, Massachusetts. The company had revenues of $153 million in 2000 and employs more than 850 people in 30 offices worldwide. Please visit www.iona.com for more information.

On February 15, 2001, IONA signed a definitive agreement to acquire Netfish Technologies Inc., a leading provider of XML-based B2B process collaboration solutions. The transaction is subject to the approval of shareholders of both companies, as well as customary regulatory and other closing conditions, and is expected to close the week of May 7, 2001.

IONA, IONA Suite, iPortal Application Server, iPortal Integrator, iPortal OS/390 Server, iPortal SureTrack, iPortal XMLBus, Orbix, Adaptive Runtime Technology and Total Business Integration are trademarks or registered trademarks of IONA Technologies. All other trademarks are the property of their respective owners.