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Subject: OASIS Member News
Sequoia Software and STC form Alliance to Deliver Broad Range of Enterprise Application Connectivity for Sequoia's XPS(tm) Relationship Provides Sequoia Customers with Proven Integration Solutions for Linking Sequoia's XML-Pure Portal Server with Leading Enterprise Applications COLUMBIA, Md.-October 16, 2000-Sequoia Software Corporation (Nasdaq: SQSW), a leading provider of XML-powered e-business software, today announced an alliance with STC (Nasdaq: STCS), a leading global provider of eBusiness Integration (eBI) solutions. Sequoia will leverage the STC e*Xchange eBusiness Integration* Suite to enhance the connectivity of its XML-pure portal server, XPS(tm). With this expanded integration capability, Sequoia can provide customers rapid connectivity to many enterprise and e-business applications from leading vendors including SAP, PeopleSoft, Siebel Systems, Oracle, Sybase, Lotus Notes, Onyx, Clarify, and BroadVision. "With companies expanding the role of the enterprise information portal, the need for sophisticated application and business process integration becomes more and more critical," said Harry Gould, vice president of Global Alliances for STC. "This alliance allows companies to take advantage of proven solutions from both STC and Sequoia Software, and provides them the capability to rapidly link their enterprise applications with those of their trading partners, channel partners and customers, presenting their users with a single point of access to inter-enterprise information." Sequoia XPS functions as an e-business command center, interconnecting an organization's various islands of information and processes, often with those of its customers, partners and suppliers, through a universal Web-based interface. Many of these islands are "enterprise applications" that support corporate manufacturing, financials, customer service or administrative functions. The STC eBusiness integration platform provides Sequoia customers with efficient solutions for tightly integrating XPS with their enterprise applications, eliminating the need for custom built connections, which can become costly to develop and maintain. "Sequoia's relationship with STC will make it easier and faster for our customers to connect and extend their 'siloed' enterprise applications-driving a wide range of e-business functionality directly through XPS," said Tom Craig, vice president, Business Development, Sequoia Software. "We are very pleased to announce this alliance with STC, one of the leading vendors in the e-business integration arena, and believe its proven enterprise connectivity solutions offer our customers an excellent option for extending enterprise applications, like Siebel, SAP and PeopleSoft through XPS." About STC STC (Nasdaq: STCS) is a leading global provider of eBusiness Integration (eBISM) solutions enabling the seamless flow of information within and among enterprises. With its flagship solution, e*Xchange eBusiness Integration* Suite, STC provides the industry's premier comprehensive strategic infrastructure to unlock the true potential of eBusiness with superior performance and reliability. Since shipping its first product in 1991, STC has successfully integrated systems at nearly 1,300 organizations worldwide, including Barnes & Noble.com, Fluor Corporation, Hewlett Packard, HypoVereinsbank, PETsMART and Pfizer. Software Technologies Corporation (STC) is headquartered in Monrovia, Calif., with marketing and sales headquarters in Redwood Shores, Calif. For more information, please visit www.stc.com <http://www.stc.com>. About Sequoia Software Sequoia Software Corporation (Nasdaq: SQSW) is a leading provider and innovator of XML-powered e-business software. Sequoia's flagship product, XPS, drives the evolution of business toward true e-business, helping companies link systems and people, automate critical processes, and strengthen relationships throughout the value chain. Sequoia's customers and partners include Baylor Health Care System, Cap Gemini Ernst & Young, General Electric Power Systems Division, Kaiser Permanente, Lehman Brothers, Lockheed Martin, and SAIC. For e-business solutions that let you do more in less time visit www.sequoiasoftware.com or call Sequoia toll free (888) 820-7917. # # # XPS is a trademark of Sequoia Software. All other trademarks are the property of their respective owners. e*Xchange is a trademark of STC. eBI is a servicemark of STC. All other trade names are the property of their respective owners. Note: Other than historical information contained herein, certain statements in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release involve a number of risks and uncertainties including, but not limited to, changes in market conditions, government regulation, technology, our ability to expand, our early stage of development, attraction and retention of key personnel, management of rapid growth, entry into new markets, intense competition, customer concentration and attrition and our dependence on XPS. These risk factors are discussed in further detail in the Company's SEC filings including the prospectus filed in connection with our initial public offering and the Quarterly Report on Form 10-Q for the quarter ended June 30, 2000. David Schreiber Director of Public Relations Sequoia Software Corp. 5457 Twin Knolls Road Columbia, MD 21045 Office: 410-715-0206, ext. 5271 Mobile: 410-963-3383 fax: 410-715-6835 Dschreiber@sequoiasoftware.com www.sequoiasoftware.com NASDAQ: SQSW
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