Business Objects Provides E-business Intelligence for Online Banking Customers.

Business/Technology Editors

ATLANTA and SAN JOSE, Calif.--(BUSINESS WIRE)--March 14, 2000

S1 Corporation and Business Objects Form Worldwide Relationship to

Deliver Internet Banking and Financial Reporting Solutions

S1 Corporation (NASDAQ:SONE) today announced that it has established a global relationship with Business Objects (NASDAQ: BOBJ), the world's leading provider of e-business intelligence (e-BI) solutions. S1 and Business Objects plan to work together to deliver solutions that enable financial institutions to easily extract, process and analyze reports in order to make more informed business decisions.

As part of this agreement, S1 plans to incorporate software from Business Objects into its online analytical processing (OLAP) solution, FiRE Data Analyzer. Specifically, the product bundles BUSINESSOBJECTS(TM) and WEBINTELLIGENCE(R) to enable customers to more effectively report their financial data. Data Analyzer is targeted at financial institutions to help users conduct fiscal risk measurement and fulfill ad-hoc and management reporting needs. It meets emerging standards for Internet-based connectivity and HTML-based financial reports.

"According to Meridien Research, financial institutions spend one billion dollars a year addressing their statutory reporting obligations to central banks and other regulators, yet it is estimated that 90 percent of information required is already available within their existing IT systems," said Joanna Declercq, product marketing manager for S1's Financial Reporting Systems (FRS) group. "Business Objects technology enables our 600 FiRE customers, located in 18 countries, to extract and process this data, then analyze reports and distribute them to management and other users within their organizations --all within a non-technical, Web-based environment."

According to Bill Robinson, vice president of North American channels at Business Objects, "S1 has already delivered powerful products, technologies and services to many of the world's best known retail and corporate banks, brokerage firms and insurance companies. We're excited to work with S1 to help financial institutions identify sound fiscal opportunities, and avoid potential economic risks using the convenience and power of the Internet."

FiRE Financial Reporting is S1's advanced consultancy and product offering for regulatory, statutory, and internal financial reporting. It is the successor to the globally successful ABACUS product, currently used by over 600 financial institutions worldwide. FiRE comprises a core data warehousing application, the FiRE Solution, that provides comprehensive reporting functionality for the regrouping, standardization and consolidation of data, and for creating and validating financial reports. FiRE Data Analyzer and FiRE Financial Calculator are satellite solutions that integrate with FiRE to provide additional financial reporting functions.

About S1 Corporation

S1 (NASDAQ: SONE), the pioneer of internet banking, is today's leading provider of innovative internet-based financial services solutions. S1 offers a broad range of applications that empower financial organizations to increase revenue, strengthen customer relationships and gain competitive advantage by meeting the evolving needs of their customers across various lines of business, market segments, and delivery channels. Through its professional services organization, S1's applications can be implemented in-house or outsourced to the S1 Data Center. Additional information about S1 is available at www.s1.com. Additional information about S1FiRE product is available at www.s1.com/fire.

About Business Objects

Business Objects is the world's leading provider of e-business intelligence (e-BI) solutions. Using e-business intelligence, organizations can access, analyze, and share information in intranet, extranet, and e-business environments. In intranets, the company's products provide employees with information to make better business decisions, and are used in environments ranging from workgroups of 20 users to enterprise deployments exceeding 20,000. In the extranet environment, the company is pioneering the use of e-BI in applications that allow organizations to build stronger relationships by linking customers, partners, and suppliers via the internet. In addition, the company's products can improve the performance of an e-business by providing reporting and analysis against the ever-expanding amount of transaction and profile data that is collected each day throughout the world wide web.

Founded in 1990, Business Objects pioneered the modern business intelligence industry by inventing and patenting a "semantic layer" that insulates users from the technical complexity of database systems. Today, the company has sold more than 1,680,000 licenses to over 9,700 organizations in more than 80 countries. The company's stock is publicly traded under the ticker symbols NASDAQ: BOBJ and PARIS BOURSE: code SICOVAM 12074. Business Objects can be reached at 408-953-6000 and www.businessobjects.com.

BUSINESSOBJECTS is a trademark of Business Objects SA. WEBINTELLIGENCE is a registered trademark of Business Objects SA. Other company and product names may be trademarks of the respective companies with which they are associated.