IONA Sales Team Bolstered by Another Industry Veteran; Todd Meyer Joins Company as Regional Vice President, Eastern Region Sales.

DUBLIN, Ireland & WALTHAM, Mass. -- IONA(R) Technologies (NASDAQ: IONA), a world leader in high-performance integration solutions for mission-critical IT environments, today announced that Todd Meyer has joined the company as Regional Vice President, Eastern Region Sales. In this role, Todd brings two decades of leadership in software industry sales and management in support of the company's sales efforts.

Throughout his career, Todd has been instrumental in bringing new products to market and implementing the processes necessary to build effective sales teams. During his career he has held senior sales management positions with companies including ADP, Oracle Corporation, XDB Systems, Art Technology Group (ATG) and TIBCO Software Corporation.

"Todd's extensive software sales management experience, the most recent of which is in the integration space, is a terrific benefit to IONA's sales team," stated Bill McMurray, vice president of worldwide sales, IONA. "Todd has a demonstrated ability to put the right strategies, tactics and processes in place to generate sales for new products in new market segments. IONA's senior management team is looking forward to the positive impact Todd's presence will have on the company and its sales efforts."

Most recently, Todd served as national accounts director at TIBCO Software Corporation, a company providing software and services to help companies achieve enterprise integration. During his tenure with TIBCO, Todd was responsible for accounts in the financial services and pharmaceutical industries and increased his sales team's revenue by 135 percent in the first year. Prior to his work at TIBCO, Todd was Vice President of Sales for ATG and increased sales revenue from $5 million to $68 million during his time with the company.

"I'm thrilled to join a company with such an exciting technology in an emerging market space," said Meyer. "There is tremendous benefit that can be achieved by enterprises that adopt Web services integration to bring together disparate systems and drive new business value through interoperability. IONA has the right products for this market, and an impeccable reputation as a provider of solutions for complex enterprise integration problems. I look forward to helping IONA take that message to our prospective customers."

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, enables existing enterprise systems to be integrated with an organization's common infrastructure components. Customers use Artix to incorporate existing mission-critical systems into new business applications through an enterprise-class standards-based connection.

With its partners, IONA 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. 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.