J.D. Edwards Expands CRM for Financial Services at Bank of America.

Business Editors/High-Tech Writers

DENVER--(BUSINESS WIRE)--June 10, 2003

J.D. Edwards & Company (Nasdaq: JDEC):

8,500 Bankers Managing Customer Relationships with J.D. Edwards

CRM Applications

Bank of America Managing Director of CRM Services Dave Weaver

Delivers Keynote Address at Quest Global CIO Summit

J.D. Edwards & Company (Nasdaq: JDEC) today announced the completion of a fourth phase of implementation of its Customer Relationship Management (CRM) for Financial Services offering at Bank of America, the largest consumer bank in the United States and one of the country's largest commercial lenders.

With J.D. Edwards CRM - part of the J.D. Edwards 5 software family - implemented across multiple divisions, Bank of America expects to deepen client relationships and increase productivity.

"The financial services landscape has changed dramatically in the last few years, and J.D. Edwards is committed to helping companies in this industry succeed by offering a collaborative CRM solution that provides the flexibility and adaptability they require," said Mark Logan, vice president and general manager of CRM for Financial Services at J.D. Edwards. "J.D. Edwards is pleased to be able to help Bank of America succeed in targeting and cross-selling with their most profitable clients."

Added Dave Weaver, managing director, CRM Services at Bank of America, "We were looking for a solution that allowed us to exploit the existing infrastructure in our various lines of business, yet was flexible and robust enough to support multiple lines of business within our organization. J.D. Edwards CRM, with its open architecture and data mapping capability, allows us to uniquely manage client coverage, activities and performance, while providing an environment to support information sharing across lines of business."

In September 2000, Bank of America rolled out its first implementation of the software to 2,000 users within the Global Corporate Investment Bank (GCIB). Since then, GCIB has increased its market share of underwriting and M & A business by more than 40 percent. Recently, an additional 3,000 private bankers were brought online, bringing the full implementation to more than 8,500 relationship managers using J.D. Edwards software.

Bank of America's Global Corporate Investment Group, Commercial Segment, and Private Bank division are using J.D. Edwards CRM to expand existing banking relationships. The application tracks client and prospect relationships, as well as helps relationship managers refer business to other divisions within the bank.

About Quest, J.D. Edwards Users Group

Quest, J.D. Edwards Users Group, is the independent user group serving the J.D. Edwards community. With members in more than 50 countries and three regional/continental chapters serving Africa, Asia, and Australia & New Zealand, Quest's mission is to maximize value to the global J.D. Edwards community. Quest fosters collaboration and communication by providing opportunities to network, knowledge share and influence future software development through special interest groups, Q&A magazine, conferences, regional and local user outreach, the QuestDirect website and Infocast collaboration tool. Quest presents regional user conferences throughout the world as well as Quest Global Conference (formerly known as FOCUS), which draws nearly 8,000 members of the J.D. Edwards community worldwide. For more information about Quest, call 1.800.225.0517 (North America) or +1 859.226.4307, visit www.questdirect.org or e-mail [e-mail].

About Quest Global Conference

Quest Global Conference (formerly known as FOCUS), is the highly successful annual conference and vendor showcase presented by Quest, an independent organization of J.D. Edwards users, in partnership with J.D. Edwards. Quest Global Conference draws nearly 8,000 members of the J.D. Edwards user community worldwide to Denver each June for four days of networking, knowledge sharing, educational/professional development opportunities, and technology innovations. For more information, call 1.800.225.0517 (North America) or +1 859.226.4307, visit www.questdirect.org or e-mail [e-mail].

About Bank of America (NYSE:BAC)

One of the world's leading financial services companies, Bank of America is committed to making banking work for customers and clients like it never has before. Through innovative technologies and the ingenuity of its people, Bank of America provides individuals, small businesses and commercial, corporate and institutional clients across the United States and around the world new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever and however they choose through the nation's largest financial services network, including approximately 4,200 domestic offices and 13,000 ATMs, as well as 30 international offices serving clients in more than 150 countries, and an Internet Web site that provides online banking access to 5.2 million active users, more than any other bank.

Bank of America stock (ticker: BAC) is listed on the New York, Pacific and London stock exchanges. The company's Web site is www.bankofamerica.com. News, speeches and other corporate information may be found at www.bankofamerica.com/newsroom.

About J.D. Edwards & Company

J.D. Edwards (Nasdaq: JDEC) makes customers stronger, enabling them to solve their most important business challenges. The company designs, develops and markets collaborative enterprise software and consulting, education and support services. J.D. Edwards' offerings are differentiated by a deeply ingrained attitude of listening to customers, innovating on their behalf, and delivering solutions as part of a results-oriented relationship. Founded in 1977 and headquartered in Denver, Colo., J.D. Edwards focuses on long-term business partnerships and helping its 6,700 customers in more than 110 countries manage their business processes, supply chains, enterprise assets, and supplier and customer relationships. For more information: www.jdedwards.com or 1-800-727-5333.

On June 2, 2003, J.D. Edwards announced that it had entered into a merger agreement with PeopleSoft, Inc., under which J.D. Edwards' business and PeopleSoft's will be merged, and J.D. Edwards will become a wholly owned subsidiary of PeopleSoft. The transaction is anticipated to close in the late third or early fourth calendar quarter. The transaction is subject to regulatory review, approval by the respective companies' stockholders and other customary conditions.

J.D. Edwards(R) is a registered trademark of J.D. Edwards & Company. JDE(TM) is a trademark of J.D. Edwards & Company. J.D. Edwards 5 is a trademark of J.D. Edwards World Source Company. The names of all products and services of J.D. Edwards used herein are trademarks or registered trademarks of J.D. Edwards World Source Company. All other product names used herein are trademarks or registered trademarks of their respective owners. Copyright (C) J.D. Edwards World Source Company 2003.