IONA Adds Larry Alston, Senior Industry Executive, to Its Manangement Team; Joins Leading Software Integration Company as Vice President, Marketing.

Business Editors/High-Tech Writers

DUBLIN, Ireland & WALTHAM, Mass.--(BUSINESS WIRE)--June 3, 2004

IONA(R) Technologies (NASDAQ: IONA), a world leader in high-performance integration solutions for mission-critical IT environments, today announced that Larry Alston has joined the company as Vice President, Marketing. In this role, Larry will bring seasoned software industry leadership skills to define the future marketing and product direction strategy for the company.

Larry brings nearly 20 years of product marketing, product management and marketing communications experience to his role at IONA. During his career he has held leadership positions with companies including Bachman Information Systems, C-bridge Internet Solutions, eXcelon Corporation (acquired by Progress Software) and Pantero Corporation.

"With two decades of experience under his belt, Larry is an individual who can help IONA communicate a cohesive, focused message around its corporate and product value proposition to our customers and partners," stated Peter Zotto, chief operating officer, IONA. "Larry's background and industry expertise is a perfect fit. I am thrilled that Larry has joined the IONA senior management team and look forward to the positive impact his marketing leadership will bring to the company."

Most recently, Larry served as Vice President, Products at Pantero Corporation, a software company offering data interoperability solutions. In his time with Pantero, Larry was responsible for defining the company's product and marketing strategy. Prior to his work at Pantero, Larry served in a variety of executive leadership roles with eXcelon Corporation including CTO, Vice President of Product Strategy and Vice President of Marketing.

"IONA is an exciting company that is well positioned with Artix to provide the mission-critical, high-performance software infrastructure required by emerging service-oriented applications," said Alston. "IT organizations are just now moving to the next generation of service enabled business solutions. As a provider of service-oriented infrastructure solutions with thousands of successful customer deployments, IONA's core competency for more than a decade positions the company well for success in the future. This is a great time to be joining IONA and have the opportunity to contribute my experience and expertise to the ongoing success of the company and its products."

Larry earned his BS Computer Science from the University of Massachusetts, Amherst and his MBA from Northeastern University.

About IONA

For more than a decade, IONA(R) Technologies (NASDAQ: IONA) has been a world leader in delivering high performance integration solutions for enterprise IT environments. IONA pioneered standards-based integration with its CORBA-based Orbix(R) product family. The Artix(TM) product family, IONA's new generation of integration solutions, extends IONA's commitment to service-oriented industry standards, including Web services.

With its partners, IONA is the only company that can deliver NOW on the promise of service-oriented integration, making it possible for customers to achieve system longevity and agility at a significantly lower cost.

IONA's customers include Global 2000 companies in telecommunications, financial services, aerospace, and manufacturing, including AT&T, Verizon, BellSouth, Deutsche Telekom, British Telecom, Hong Kong Telecom, NTT, Credit Suisse, Merrill Lynch, Winterthur Insurance, Zurich Insurance and Boeing.

IONA is headquartered in Dublin, Ireland, with U.S. headquarters in Massachusetts and offices worldwide. For additional information about IONA, visit our Web site at http://www.iona.com.

IONA, IONA Technologies, the IONA logo, Orbix, High Performance Integration, Artix, Mobile Orchestrator and Making Software Work Together are trademarks or registered trademarks of IONA Technologies PLC and/or its subsidiaries. J2EE is a trademark or registered trademark of Sun Microsystems, Inc. in the United States and other countries. CORBA is a trademark or registered trademark of the Object Management Group, Inc. in the United States and other countries. All other trademarks that may appear herein are the property of their respective owners.