IBM Delivers Total Linux Solutions to Wall Street

Hi,

In response to growing customer demand for Linux solutions, IBM today will
announce the opening of the first center in New York City to help the
financial services industry deploy Linux.

The Linux center, which will be based in Manhattan, will include hardware,
software and services from IBM as well as its partners, designed to help
financial services customers evaluate and plan Linux implementations.
SunGard, JD Edwards, Veritas, and Sybase are among the premier partners
whose technologies will be available in the IBM Linux Center.

The financial sector's move to Linux off of Sun's proprietary systems
signals a dramatic shift in a sector that was once a Sun stronghold. In the
face of a challenging economy, IBM customers are moving to Linux because of
its low cost, powerful security, stability and flexibility, and most
importantly, because it enables their deployment of applications that give
them competitive advantage.

The Linux Center represents an initial investment of more than $1 million
from IBM and builds on our current leadership in the Linux space.  IBM has
helped thousands of customers begin to build Linux into their IT
infrastructure in the last two years.

IBM's Linux Center will provide financial services customers with a full
range of support for Linux, including access to IBM's entire eServer product
line ranging from Intel-based servers to the mainframe, IBM's broad
middleware portfolio on eServer, and IBM Global Services technical staff to
evaluate and test key applications on Linux.  Financial sectors customers
will also have access to technical advice, Linux education programs, Linux
speakers and community events, and key ISVs, Linux distributors and
partners.

Today, IBM has more than 40 customers in the financial services industry
deploying Linux. We expect that number to grow significantly as a result of
the availability of Linux services, support, and education close at hand
that the Linux Center provides.

Please call me at 650-566-2279 if you would like to speak with IBM
executives, analysts, or center participants.

Thanks,

Andrew

---

IBM DELIVERS TOTAL LINUX SOLUTIONS TO WALL STREET

JD Edwards, SunGard Join IBM to Deploy Linux

New York, NY - June 20, 2002 - IBM announced today the opening of the first
center in New York City to help the financial services industry deploy
Linux® solutions. The Linux center, which will be based in IBM's landmark
building at 590 Madison Avenue, will include hardware, software and services
from IBM as well as various participating companies, designed to help
financial services customers test and implement Linux applications. The
center represents an initial investment of more than $1 million from IBM.

"IBM is viewed as a leader in Linux and open solutions, and it is a natural
evolution of our long standing partnership for J.D. Edwards to participate
in IBM's Linux Center of Competence," said Les Wyatt, senior vice president
and chief marketing officer, J.D. Edwards.  "J.D. Edwards collaborative CRM
solution, working with IBM hardware and software in the Linux Center of
Competence, will allow us to address the flexibility and scalability
requirements of financial services customers."

IBM's Linux Center of Competence (Linux CoC) will provide the financial
sector with a full range of support for Linux, including access to IBM
hardware, software and services to evaluate and test key applications on
Linux, secure technical advice, participate in Linux training courses and
educational programs, attend community events, as well as work in a hands-on
environment with key ISVs, Linux distributors and Business Partners.

"In the face of a challenging economy, IBM customers in the financial sector
are moving to Linux because of its low cost, powerful security, stability
and flexibility," said Steve Solazzo, General Manager, Linux at IBM.  "But,
most importantly, they are moving to Linux because it enables their
deployment of applications that give them competitive advantage. The breadth
of customers, Business Partners, ISVs, and vendors that are participating
with IBM in the Linux Center of Competence is a clear indicator that there
is demand on Wall Street for complete Linux solutions."

At the center, financial services customers will have an opportunity to test
several types of Linux solutions including:
*	IBM's entire eServer product line including, Intel-based xSeries
systems, powerful and inexpensive Linux clusters that transform the
processing of quantitative applications to distributed applications in
brokerage or branch locations, and Linux mainframes to take advantage of the
cost savings associated with server consolidation
*	IBM's TotalStorage products including, the Enterprise Storage
Server, code-named Shark, network attached storage, and tape storage to
provide storage consolidation, improve the availability of information and
ensure that it is protected and provide disaster recovery solutions
*	Industry leading integration software that streamlines business
processes, making it easier and less expensive to share information across a
variety of applications throughout a corporation and its remote locations

SunGard, JD Edwards, VERITAS Software, and Sybase are among the premier
firms whose technologies will be available in the IBM Linux Center.  In
addition to the IBM Learning Services courses available, these Business
Partners and participating companies will provide seminars and hands-on
training sessions for customers using their Linux applications.

"As part of the drive to help clients reduce Total Cost of Ownership, IBM
and SunGard are exploring Linux as part of a Server and Application
consolidation plan that will help SunGard and IBM customers integrate their
application environments to speed processing of financial transactions,"
said Mack Gill, Director, Alliance Programs.

Linux Center of Competence Offerings
Hardware and Software Capabilities IBM will make its eServer product line
available to users of the Center to evaluate key financial industry
applications on a variety of platforms ranging from Intel® processor-based
eServer xSeries servers to the IBM eServer zSeries mainframe running Linux.
To complement IBM's eServer and software products, IBM will also make
available an extensive selection of Linux enabled storage networking
technologies from the TotalStorage family including, "Shark" Enterprise
Storage Server, FAStT, Network Attached Storage and tape products.

As the leading software vendor in support of Linux, IBM will provide its
broad middleware portfolio across the eServer product line, including
WebSphere® infrastructure software, DB2® database, Lotus® Domino? and
Tivoli® software.  Using IBM hardware and software, the Center will provide
real-world settings to show users how to streamline processes by integrating
applications; maximize client information to strengthen customer
relationships; and share key data more efficiently across an organization.

The Eclipse, open source platform will also be supported in the Center lab.
With over 1 million downloads, Eclipse is quickly becoming a key environment
for developers.  IBM will make its Eclipse-based WebSphere Studio tools -
which span the entire middleware portfolio - available in the Linux Center,
giving software programmers access to a single, integrated set of tools that
help reduce development costs and increase productivity.

IBM Global Services Support and Teaching Capabilities
IBM Global Services (IGS) will offer the expertise of its technical staff to
assist in specific client engagements including porting efforts, benchmarks
and proof of concept work.

Linux training courses will also be available through the Linux CoC.  IBM
offers the most extensive Linux course portfolio in the market, with more
than 20 classroom-based courses, as well as e-learning courses featuring
live remote labs and e-tutors. IBM courses range from "Linux Basic Training"
to LPI and Red Hat certification programs.  Along with Linux administration
certification, the Learning Services courses provide skills and training on
how to realign UNIX® skills and applications to leverage Linux environments.

Linux Community Events and Speakers
IBM and a variety of Business Partners and participating companies will
regularly host speakers to discuss latest developments, trends and
technologies around Linux.  In addition to key community speakers, the Linux
Center of Competence will be used by key industry groups, such as The New
York Linux Users Group, the New York New Media Association, New York
Software Industry Association, and the Java Users Group.  The New York Linux
Users Group, whose members work on Wall Street and comprise the largest
Linux community in New York, will also use the Linux Center as its homebase
of operations, hosting monthly meetings, technical presentations, speakers
and industry events.

Linux Distributors, ISVs and Partners
As part of their ongoing commitment in support IBM's Linux initiatives, SuSE
Linux will provide ongoing installation and technical support for the IBM
Linux Center.  In addition, SuSE and its business partners will provide
assistance to the Linux CoC in porting client applications and integrating
enterprise solutions. Some key ISV's that will work with IBM and help with
integration of applications include Axiom Software Laboratories, Inc., a
leading provider of enterprise data and risk management solutions, and
Intelligent Markets, a leading trading platform for securities dealers.

About IBM
IBM is the world's number one server company and information technology
provider, with 80 years of leadership in helping businesses innovate. IBM
helps customers, Business Partners and developers in a wide range of
industries that leverage the power of the Internet for e-business. For more
information, visit http://www.ibm.com.

                                    ###

IBM, eServer, DB2, Websphere, xSeries, Tivoli, and zSeries are trademarks or
registered trademarks of International Business Machines Corporation in the
United States and other countries.

Lotus and Domino are trademarks or registered trademarks of Lotus
Development Corporation.

Linux is a registered trademark of Linus Torvalds.

Intel is a registered trademark of Intel Corporation.



Andrew Williams
Text 100 Public Relations
Global High Technology Public Relations

236 Hamilton Avenue Palo Alto, CA 94301 
Tel: 650.566.2279
Cell: 415.999.4606
Fax: 650.566.2276
Email: awilliams@text100.com
URL: www.text100.com