PeopleSoft announces general availability of PeopleSoft World Express

PeopleSoft announces general availability of PeopleSoft World Express

PRESS RELEASE

PeopleSoft, Inc. (Nasdaq: PSFT) recently announced the general availability of PeopleSoft World Express, a comprehensive yet affordable solution for small businesses with annual revenues between $20M and $100M. Developed exclusively on the IBM eServer iSeries platform, the new solution includes PeopleSoft World enterprise applications, more than 30 industry-specific business processes, and implementation services from certified channel partners. The new release is available for industrial manufacturers, wholesale distributors, homebuilders, construction companies, and automotive suppliers.

Ready to run out-of-the-box, PeopleSoft World Express offers small businesses a functional and reliable solution that can be quickly implemented – all at a low total cost of ownership.

"Small businesses typically have very limited IT budget and staff, and require a rapid return on their investment," said Dave Siebert, general manager and group vice president of PeopleSoft World. "PeopleSoft World Express offers these customers enterprise software quality and functionality while meeting their need for a solution that's easy to use and maintain."

PeopleSoft World Express is based on industry-leading PeopleSoft World applications, including PeopleSoft World Financials, Distribution, Manufacturing, Human Resources and Project Management. The new solution is configured with more than 30 industry-specific business processes, enabling small businesses to implement it quickly and realize a rapid return on investment. Certified PeopleSoft distributors with comprehensive industry knowledge and implementation expertise will provide user training and implementation services for the new solution.

"PeopleSoft and IBM are bringing our leading technology and software together to meet the needs of a rapidly growing market segment," said Al Zollar, general manager, eServer iSeries at IBM. "Now small businesses can quickly implement a comprehensive enterprise software solution that is designed for their own business and industry."

Running exclusively on the IBM eServer iSeries, one of the world's most reliable and cost-effective business computing platforms, PeopleSoft World Express sets the industry standard for reliability with a virus-free track record and extremely high system availability. The new offering, announced by PeopleSoft on May 3, 2004, is now shipping in North America.

About PeopleSoft ,br> PeopleSoft (Nasdaq: PSFT) is the world's second largest provider of enterprise application software with 12,200 customers in more than 25 industries and 150 countries. For more information, visit us at www.peoplesoft.com.

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