iXOS Enables Improved Customer Service at Pentax; Immediate Access to Important Documents Key to Efficient Service.

SAN MATEO, Calif.--(BUSINESS WIRE)--May 18, 1999--

iXOS(R) Software, Inc., subsidiary of iXOS Software AG (NASDAQ:XOSY) (NEUER MARKT:XOS), a leading provider of client/server software solutions for business documents in the SAP(TM) R/3(R) environment, announced today that Pentax, a worldwide leader in the photographic industry has chosen iXOS-ARCHIVE(TM) as its imaging and archiving solution.

Pentax invested in iXOS-ARCHIVE for its SAP R/3 solution to replace old microfiche and microfilm systems they were using in accounts payable, as well as to provide future enterprise-wide benefits with imaging and archiving. iXOS-ARCHIVE was chosen for its seamless interface to R/3 and quick implementation time.

iXOS-ARCHIVE is a business document management system that stores and retrieves documents, reports, data and images digitally under the control of R/3 processes. Implementing iXOS-ARCHIVE enables companies like Pentax to dramatically improve staff productivity, reduce paper volume and filing, save costs via elimination of storage and microfiche processing and retain important data securely.

Competitive companies in every industry realize that good customer service is probably the most important differentiating feature they can have. Worldwide, customers like Pentax are utilizing iXOS-ARCHIVE's imaging and archiving functionality to save time in solving customer problems -- with immediate access to important documents.

As Jean McLaughlin, Administrative Services Supervisor at Pentax noted, "We process about 17,000 documents per month, so iXOS-ARCHIVE will be instrumental in providing easy access. We have both customers and internal staff making inquiries about particular invoices. Prior to iXOS, our staff had to retrieve the microfiched document. With iXOS we have immediate access, so a process that used to take about 5 days will now take about 30 seconds."

Rod Yacovetta, Manager of Information Systems at Pentax, commented, "Although we're starting with our accounts payable and sales and distribution modules, eventually we'll be utilizing iXOS-ARCHIVE enterprise-wide for archiving to optimize system performance -- right now we have a 125 gigabyte database."

Pentax is currently utilizing the iXOS module, DesktopLink, to integrate non-R/3 documents such as legal documents, correspondence, and human resource files into the R/3 solution. iXOS's DesktopLink enables users to link all desktop generated documents (Microsoft Word, Excel, etc.) to corresponding R/3 transactions.

Yacovetta added, "This was a big plus for us because we really wanted everything in one central repository and DesktopLink allowed us that flexibility."

Vijay Sondhi, CEO of iXOS Software, Inc. commented, "We view iXOS-ARCHIVE as a competitive tool that helps propel companies like Pentax into the forefront. In addition to increasing knowledge-sharing across the organization, it will serve as an important infrastructure to accommodate its growing business needs."

About Pentax

PENTAX Corporation is a wholly owned subsidiary of Asahi Optical Company, Ltd., of Japan. Corporation headquarters are located in Englewood, Colorado. PENTAX markets cameras, lenses, sport optics, surveying equipment, closed circuit television lenses, and a wide range of specialized lenses and accessories.

About iXOS

iXOS is the worldwide leading provider of client/server software solutions for the management of business documents in the SAP R/3 System environment. iXOS-ARCHIVE, the Company's Business Document System, automates the imaging, archiving, retrieval, sharing, delivery and reuse of business documents across large organizations and between business partners.

Capable of managing high volumes of documents and data and designed to be deployed globally, iXOS-ARCHIVE provides an enterprise-wide business document solution to users on industry standard clients, servers and intranets. iXOS also provides professional services, including consulting, implementation, projects and training, to assist its customers in rapidly maximizing the benefits of the Company's Business Document System.

iXOS Software, Inc., headquartered in San Mateo, CA can be reached in the U.S. at [phone] or via the Web at http://www.ixos.com.

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 32E of the Securities and Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, and are made under the safe-harbor provisions thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, including dependence on principal product, significant fluctuations in quarterly results of operations, seasonality, dependence on relationship with SAP, lengthy sales cycle, management of growth, ability to hire and retain personnel, dependence on senior management and other key employees, competition, exposure to currency fluctuations, risk of product defects, general and economic conditions and those other risks and uncertainties mentioned under "Risk Factors" in the Company's Registration Statement Form F-1 dated May 11, 1999 which is on file with the United States Securities and Exchange Commission.

iXOS(R) is a registered trademark and iXOS-ARCHIVE(TM) is a trademark of the Company. Trade names and trademarks of other companies mentioned herein are the property of their respective owners.

SAP, R/3 and all SAP product and service names referenced herein are trademarks or registered trademarks of SAP AG.