PeopleSoft To Acquire Vantive; Integrated eBusiness Solution Creates 360 Degree View of the Customer Relationship - Company Business and Marketing

Edge: Work-Group Computing Report, Nov 1, 1999

PeopleSoft/Vantive Acquisition Conference Call A web simulcast of the conference call will take place at 7:00 am PST. A link to the call is available at URL: http://www.psftir.com.

PeopleSoft (NASDAQ: PSFT) is a world leader in enterprise application software. PeopleSoft provides eBusiness and analytic applications for human resource management, financials, distribution, manufacturing and supply chain, along with a range of industry-specific solutions. For more than 3,000 customers, PeopleSoft applications offer greater flexibility, rapid implementation, scalability across multiple databases and operating systems, and lower cost of ownership. Customers include some of the largest multi-national organizations in the world, as well as small- and medium-size businesses. All PeopleSoft software products are backed by PeopleSoft Advantage Customer Service, a comprehensive consulting, education and technical support program. Headquartered in Pleasanton, California, PeopleSoft (www.peoplesoft.com) employs more than 6,000 people and had 1998 revenues of $1.3 billion.

Vantive (NASDAQ: VNTV) is a worldwide leader in customer relationship management solutions with more than 850 customers and $163M in revenue in 1998. Vantive empowers companies to sell, support and service customers through any channel of interaction -- the Web, call center, e-mail, or direct through sales and service representatives. The Vantive Enterprise is an integrated software suite that leverages the Internet to increase sales, marketing, call center, field service, help desk and Web service effectiveness. Vantive Enterprise is differentiated by its rich functionality; proven mobile and Web-based solutions; component-based, high-performance architecture; and time- and cost-effective implementations. Founded in 1990, Vantive (www.vantive.com) is headquartered in Santa Clara, Calif. and distributes its products in more than two dozen countries.