GemStone Systems and Cincom Form Strategic Alliance

Partnership Will Deliver Smalltalk Solutions to Customers Worldwide

Beaverton, OR and Cincinnati, OH - April 24, 2002 - GemStone Systems, the leading provider of zero-latency performance software, and Cincom Systems, Inc., one of the largest independent software providers worldwide, have formed a strategic partnership to provide customers worldwide with the best platform to develop and deploy scalable Smalltalk solutions.

The alliance will benefit customers by making it easier for them to develop and deploy mission-critical Smalltalk solutions. As part of the new partnership, engineers from both companies will work together to provide tighter integration between Cincom Smalltalk™, an object-oriented development environment, and GemStone/S™ Smalltalk Server, which will provide customers with the easiest, most robust platform to develop and manage Smalltalk applications. In addition, the companies will expand their distribution centers worldwide, and the sales and consulting professionals will work together on joint product training and sales engagements.

"The combination of Cincom Smalltalk's support for web applications, web services, and internet development with Gemstone's high-performance, scalable object server is simply the best way to develop and deliver applications," said Thomas M. Nies, Founder and CEO of Cincom. "We are excited about this partnership because it will provide customers with an end-to-end platform for rapid application development and deployment."

As the two leading Smalltalk providers, GemStone and Cincom have worked together for more than a decade to offer Smalltalk solutions to industry-leading customers such as JPMorgan Chase, UBS Warburg, Orient Overseas Container Line and Texas Instruments. The new agreement strengthens the partnership to provide more products and services to customers.

"We are excited to be taking our partnership with Cincom to the next level to offer customers the most scalable platform to deliver mission-critical applications that give them the competitive advantage," said Dan J. Ware, President and CEO of GemStone Systems. "We look forward to working with Cincom to deliver superior products and services to our joint customers worldwide."

About GemStone/S Smalltalk Server

GemStone/S is an advanced platform for developing, deploying and managing scalable, high-performance, multi-tier applications based on business objects, which enables customers to more easily develop and deploy large scale, real-time applications, and reduce their system administration costs. GemStone/S uses the same object model as Smalltalk, enabling seamless integration with existing Smalltalk applications.

About Cincom Smalltalk

Cincom Smalltalk is a user-friendly, object-oriented development environment for binary, portable multi-platform applications. Cincom Smalltalk is the outstanding development package that helps software developers create programs quickly and efficiently. Cincom Smalltalk ideally supports the development of scalable, web-based internet solutions, intranet systems, and client/server applications. Compared to Java, C++, or Visual Basic, Cincom Smalltalk offers an enormous increase in productivity for software development. This helps developers to significantly shorten the time to market for their programs. Cincom Smalltalk consists of the two development environments VisualWorks and ObjectStudio®. For further information about Cincom Smalltalk, refer to our home page on http://www.cincom.com/smalltalk.

About GemStone Systems

GemStone Systems' technology enables customers to make split-second business decisions and immediately adapt to market change. Our zero-latency performance technology significantly increases the performance and manageability of real-time business applications, and increases user and system productivity. Building on 20 years of experience developing high-performance, highly scalable systems software, this revolutionary technology supports multiple languages, integrates with existing architectures and can be built into new applications. Our industry-leading customers like JPMorgan Chase, IntercontinentalExchange, Inc., UBS Warburg, Bell South Telecommunications and Orient Overseas Container Line depend on our technology and expertise to build scalable, mission-critical applications that have set the standard in their industries, and given them the competitive edge to be increasingly profitable.

Headquartered in Beaverton, Oregon, GemStone sells and supports its solutions through its US sales force and a worldwide network of distributors. For detailed product and company information, please visit www.gemstone.com.

About Cincom

Cincom provides software and service solutions for creating and managing customer relationships throughout the enterprise and for building and maintaining adaptive e-business information systems. Cincom serves over 5,000 clients across 93 countries, including Alcatel, Anheuser-Busch, Coca-Cola, Emerson Electric, Ericsson, General Motors and Siemens. For more information about Cincom's products and services, contact Cincom at 1-800-2CINCOM, send e-mail to info@cincom.com, or visit the company's web site at http://www.cincom.com.

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Gemstone and GemStone/S are registered trademarks of GemStone Systems. CINCOM, , Cincom Smalltalk, VisualWorks, and Software to Simplify Our Complex World are trademarks or registered trademarks of Cincom Systems, Inc. ObjectStudio is a registered trademark of CinMark Systems, Inc.