Ad hoc Ixos Software AG

                  wählten Kunden präsentiert wurde.

                  Wichtig für Business-to-Business- und Business-to-Consumer-Szenarien im
                  E-Commerce ist die sichere Archivierung von Aufträgen, Lieferscheinen und
                  Rechnungen um Web-basierte Transaktionen vollständig zu digitalisieren. Die
                  Aufbewahrung von E-Commerce Dokumenten, die auf XML basieren, wird von
                  der neuen
                  Tochtergesellschaft als Dienstleistung innerhalb eines Businessportals gestaltet

                  und über Application Service Provider (ASPs) zur Verfügung gestellt.

                  Die IXOS SOFTWARE AG wird die Entwicklung, den Vertrieb und Support von
                  führen-
                  den Dokumentenmanagement-Lösungen fortführen, die nahtlos in das System
                  R/3
                  integriert sind und schnellen, verteilten Zugriff auf wichtige Business-
                  Dokumente im und außerhalb des Unternehmens erlauben.

                  Dazu beabsichtigt IXOS strategische Partner über Beteiligungen an dem neuen
                  E-Commerce Unternehmen suchen. Diese könnten aus dem Finanzbereich
                  (Banken,
                  Versicherungen), der Telekommunikations-Branche (Internet Service Provider,
                  ASP)
                  oder anderen verwandten Branchen stammen. IXOS plant die Gründung der
                  E-Commerce
                  Tochter bis Ende 1999.

                  Der Vorstand


                  IXOS announces plans to found e-commerce subsidiary

                  Munich, October 20, 1999 - IXOS SOFTWARE AG, the leading provider of
                  software
                  solutions for the management of business documents in the SAP(TM) R/3(TM)
                  System
                  environment, will found a 100% subsidiary focussing on digital documentation of

                  e-commerce transactions. Using leading-edge internet archival technologies, the

                  company has already developed and demonstrated a prototype software to
                  selected
                  customers.

                  In both business-to-business and business-to-consumer e-commerce
                  scenarios, the
                  safe and secure archival of order, delivery and invoice documentation is
                  essential to completely digitalize a web-based transaction. The XML-based
                  e-commerce document repository to be created by the subsidiary of IXOS shall
                  be
                  made available as a service within a corporate portal to be hosted through
                  application service providers (ASPs).

                  IXOS SOFTWARE AG will continue the development, sales and support of
                  industry-
                  leading document management software solutions that integrate seamlessly in
                  the
                  R/3 system to offer quick, extended access to important business documents
                  inter- and enterprise-wide.

                  IXOS intends to seek strategic partners by making available equity stakes in the

                  new e-commerce subsidiary. Such partners would likely come from the finance
                  (banking, insurance), telecommunications (internet service providers, ASP)
                  and/or other related industry sectors. IXOS expects to found the e-commerce
                  subsidiary by the end of calendar 1999.

                  The Executive Board

                  Ende der Mitteilung

                  Weitere News , Zahlen und Termine der Quartalsberichte am NM gibts unter:
                  www.finance-city.de/Boerse/bandit/

                  mfg
                  Bandit