Capula Elan and SeeBeyond Form Partnership to Provide Complete Integration Solutions to U.K. Healthcare Industry.

Business Editors/High-Tech Writers

LONDON & REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Oct. 14, 2002

SeeBeyond (Nasdaq:SBYN), the leading global provider of eBusiness and Application Integration (eAI) solutions, and Capula Elan, a leading I/T Services and Solutions company, have formed an alliance focused on delivering effective data integration solutions to the healthcare industry.

With the new government initiative, "Delivering 21st Century I/T support for the NHS", many U.K. healthcare organizations are faced with the challenge of consolidating patient information that is contained in a wide range of disparate systems -- making a single view of a patient's record very difficult. Together, SeeBeyond and Capula Elan will help healthcare organizations seamlessly connect existing enterprise data from back-end systems with that of front-end customer facing systems, automating these processes and ensuring information is visible through a real-time integrated architecture.

Roger Turner, Managing Director of Capula comments, "I'm delighted that SeeBeyond and Capula Elan have decided to partner. The alliance demonstrates Capula Elan's continued commitment to partnering with best-of-breed product providers. This partnership will bring together a world-leading eAI solutions provider with a first rate integrator. By combining these strengths with Capula Elan's highly experienced implementation and project management skills, we will broaden Capula Elan's market position in healthcare and leverage further growth for SeeBeyond in the U.K."

"This partnership demonstrates SeeBeyond's commitment to providing healthcare organizations with a proven solution as they work toward integrating their disparate systems and enabling an information network that provides significant, tangible bottom-line results," said David Bennett, Vice President and General Manager of EMEA for SeeBeyond. "We are very pleased to be partnering with an integrator so focused on delivering solutions to rapidly meet the strategic I/T initiatives of the Information for Health Strategy - contributing to more streamlined operations and enhanced patient service levels."

About Capula Elan

Capula Elan is the new name for Capula in Healthcare. Capula re-branded its Healthcare arm following its acquisition of Elan Technologies in August 2002. Capula Elan brings together one of the most admired EPR system suppliers in the UK with a company who are committed to delivering high quality solutions on time which meet customer needs. The Capula Elan approach to EPR, is a modern, leading edge, proven, clinician based product, which meets the governments objectives and allows a migration or wholesale replacement. This single solution for the majority of Healthcare IT needs, both clinical and administrative, allows a cost effective and dependable delivery and satisfies actual needs. For further information please visit www.capula.co.uk.

About SeeBeyond

As the leading global provider of eBusiness and Application Integration (eAI) solutions, SeeBeyond (Nasdaq: SBYN) provides a unified, comprehensive platform for business integration, enabling a Real-Time Information Network to facilitate the seamless flow of information. Delivering Visibility, Velocity and Value across global operations, the SeeBeyond(TM) Business Integration Suite helps organizations dramatically improve business operations resulting in reduced costs, increased market share and improved customer service. SeeBeyond has more than 1,700 customers worldwide, including ABB, ABN Amro, Bausch & Lomb, BHP Billiton, BMW Group, The Dial Corporation, DuPont, Florida Power & Light, Fluor Daniel, General Motors, Hewlett-Packard, Pfizer and Sprint. For more information, please visit www.seebeyond.com.

SeeBeyond is a trademark of SeeBeyond Technology Corporation. All other brands or product names are trademarks of their respective owners.

Certain statements in this press release, including those related to SeeBeyond and Capula Elan forming an alliance focused on providing solutions to the healthcare industry constitute forward-looking statements as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. Actual results in future periods are subject to risks and uncertainties which could cause actual results to differ materially from those projected. Such risks include the demand, acceptance and performance of the solution, the success of the two companies working together, the level of demand for our current products and services from new customers as well as existing customers, the timing and amount of information technology-related spending, the general state of the economy, unpredictable and lengthy sales cycles, dependence on revenues from a single software suite, dependence on the success of the Company's relationships with system integrators and other partners, and the impact of competition in the market for eBusiness and Applications Integration software. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission including its Annual Report filed on Form 10-K for the year ended December 31, 2001, and its quarterly reports on Form 10-Q. The Company does not undertake to update any forward-looking statements.