PeopleSoft Extends OEM and Reseller Agreement with Business Objects
SAN FRANCISCO - Sept. 22, 2004 - Today at its Connect 2004 user conference, PeopleSoft Inc. (Nasdaq: PSFT) announced that it has extended its worldwide OEM and reseller agreement with Business Objects (Nasdaq: BOBJ). With this extended agreement, PeopleSoft will embed and resell Crystal Reports® and Crystal Enterprise™ within the PeopleSoft Tools platform for future releases of PeopleSoft® Enterprise and PeopleSoft® EnterpriseOne applications. This agreement establishes Business Objects as PeopleSoft's preferred Business Intelligence partner.
In future releases, PeopleSoft customers will have seamless access to Crystal Reports and Crystal Enterprise providing full-featured reporting, including drill-down functionality, alerting, charting, web-based report creation, and modification. PeopleSoft's security features will be integrated with Crystal Enterprise, providing a single point for controlling access to privileged business data. Additionally, PeopleSoft users will be able to leverage Crystal Enterprise Live Office to easily format active data into Microsoft Office Excel, PowerPoint, and Word documents. With this extended production reporting platform, Crystal Reports and Crystal Enterprise will help increase employee productivity and ease IT maintenance.
“Crystal Reports has proven to be a robust reporting engine for PeopleSoft applications for more than a decade,” said Jesper Anderson, group vice president and general manager, PeopleSoft Tools & Technology. “The addition of Crystal Enterprise to our tools platform is expected to give our customers an even more powerful and scalable solution for production report creation and delivery.”
“The expansion of our OEM agreement with PeopleSoft further strengthens our position as the worldwide leader in enterprise reporting, as thousands of PeopleSoft customers will have direct access to our Crystal line of reporting products,” said Bernard Liautaud, chairman and CEO of Business Objects. “Once the new releases are available, PeopleSoft customers will be able to more easily take advantage of our powerful reporting solution, to help them track, understand, and manage their critical business information.”
Business Objects is also one of the strategic reporting and business intelligence partners for the PeopleSoft Enterprise Performance Management (EPM) suite of products. PeopleSoft EPM provides an open framework and deep integration with the market leading reporting and business intelligence providers. The new releases resulting from this expanded relationship are expected to start to become available in Q4 of this year.
About PeopleSoft
PeopleSoft (Nasdaq: PSFT) is the world's second largest provider of enterprise application software with 12,400 customers in more than 25 industries and 150 countries. For more information, visit us at www.peoplesoft.com.
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Forward-Looking Statements Statements made in this press release that state the Company's or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Readers are cautioned that these statements are only predictions and may differ materially from actual future events or results. Factors that may bear on the accuracy of these predictions include economic conditions in the U.S. and abroad, the ability to complete and deliver products and services within currently estimated time frames and budgets, market response to product announcements, and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission. Please refer to the Company's periodic reports to shareholders (Forms 10-K and 10-Q) for more information on the risk factors that could cause actual results to differ. PeopleSoft and the PeopleSoft logo are registered trademarks of PeopleSoft, Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2004 PeopleSoft, Inc. All rights reserved.
Media Contact:
Pamela Rupert PeopleSoft Inc.
925.694.5004
pamela_rupert@peoplesoft.com
About Business Objects
Business Objects is the world's leading business intelligence (BI) software company. With more than 35,000 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™ XI, offers the BI industry's most complete and trusted platform for performance management, planning, reporting, query and analysis, 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.
