Cygnet Pericon signs a S.E. Asia CCP Agreement with Business Objects.

Cygnet Pericon, an Technology Consulting firm with offices in Jakarta and Singapore and Business Objects (NASDAQ: BOBJ), the world's leading provider of e-business intelligence (BI) solutions announced that the two companies have signed a South East Asia Certified Consulting Partners (CCP) agreement. Cygnet Pericon is the first and the only certified Business Objects partner in Indonesia. Cygnet Pericon will implement the core product suite from Business Objects, enabling its customers to access, analyze, and share critical business information across the enterprise and beyond with customers, partners, and suppliers. Beginning immediately, Cygnet Pericon certified Business Objects consultants will be able to offer Business Objects services to existing as well as current Cygnet Pericon customers in the region.

According to the terms of the agreement, PT Cygnet Pericon will provide consulting, design, development and implementation services for users of Business Objects products which includes BusinessObjects™, the full client BI solution, WebIntelligence®, the internet based BI solution and Business Objects Analytic Applications.

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 BusinessObjects™ 2000, the industry's leading integrated business intelligence toolset and platform; and BusinessObjects™ Analytics, an integrated suite of enterprise analytic applications.

Business Objects has more than 15,500 customers in over 80 countries. The company's stock is publicly traded under the ticker symbols NASDAQ: BOBJ and Euronext Paris (Sicovam code 12074). It is included in the SBF 120 and IT CAC 50 French stock market indexes.

About PT Cygnet Pericon

PT Cygnet Pericon carries 5 years of experience in the IT field. PT Cygnet Pericon has two business units, system integration and business application.

System integration unit offers IT support services, electronic messaging products and services, internet connectivity products as well as software from Microsoft and IBM. It has clients in Jakarta and Bali, with client line of business ranging from real estate, oil and gas, hospitality, to flexible packaging, automotive, and banking.

Business application unit offers Enterprise Resource Planning (ERP) and Business Intelligence (BI). It has experience implementing, customizing, and supporting ERP and BI installations in Singapore, Malaysia, and Indonesia. Clients line of business include flexible packaging, trading, and banking.