Cygnet Pericon becomes a Business Objects Solution Expert Premier Partner

Jakarta, 09 January 2003 – Cygnet Pericon, a Jakarta-based technology consulting firm, announced today an enhancement in partnership with Business Objects, the world's leading provider of e-business intelligence (e-BI) solutions. CP has joined BO's Asia Pacific channel partner program as a Solution Expert Premier Partner. In the past year, Cygnet Pericon has been a Business Objects' Certified Consulting Partner supporting Business Objects' customers in the ASEAN countries.

Business Objects provides software solutions to enable organizations to access, analyze, and share information in intranet, extranet, and e-business environments. In addition, Business Objects supports its customers through an extensive network of service providers, like Cygnet Pericon, that assist in implementing and customizing its products.

Bringing wide experience in enterprise solution and business intelligence system development to this partnership, Cygnet Pericon will work with Business Objects customers to provide information to make full use of their business intelligence systems and software tools.

"Business Objects continues its strong leadership position in the e-BI space. It has succeeded in establishing an excellent reputation for both customer service and partner program stewardship," said Dr. Hendra Suhartanto, Managing Director of Cygnet Pericon. "We look forward to working with Business Objects to continue to bring their customers absolutely first rate services as they expand on their vision to deliver enterprise, extranet, wireless, and analytic applications to the marketplace."

"Partnering with leading technology consultants like Cygnet Pericon extends our ability and underscores our commitment to deliver premier customer support," said Henry Goh, Managing Director of Business Objects Asia Pacific. "By utilizing Cygnet Pericon's consulting services, we can provide our customers with tools they need to successfully turn their business intelligence into knowledge, into profit."

About Cygnet Pericon

Cygnet Pericon is a leading technology consulting firm having offices in Jakarta and Singapore. Cygnet Pericon's products and services includes business intelligence (BI) solutions, enterprise resource planning (ERP) applications and consulting as well as a range of other IT services that help corporate customers implement technology to achieve operational excellence and improve profitability in a competitive and challenging environment.

Cygnet Pericon has a group of trained and certified consultants to help customers implement technology in many of the ASEAN countries. To find out more about Cygnet Pericon, please call +62 21 8379-9377 or visit the website at www.cygnetpericon.com.

About Business Objects

Business Objects is the world's leading provider of business intelligence (BI) solutions. Business intelligence lets organizations access, analyze, and share information internally with employees and externally with customers, suppliers, and partners. It helps organizations improve operational efficiency, build profitable customer relationships, and develop differentiated product offerings.

The company's products include data integration tools, the industry's leading integrated business intelligence platform, and a suite of enterprise analytic applications. Business Objects is the first to offer a complete BI solution that is composed of best-of-breed components, giving organizations the means to deploy end-to-end BI to the enterprise, from data extraction to analytic applications.

Business Objects has more than 16,500 customers in over 80 countries. The company's stock is publicly traded under the ticker symbols NASDAQ: BOBJ and Euronext Paris (Euroclear code 12074). It is included in the SBF 120 and IT CAC 50 French stock market indexes. Business Objects can be reached at +1 408-953-6000 and www.businessobjects.com.