BANK OF MONTREAL SELECTS IONAS iPORTAL SUITE

Leading Canadian Bank Implements IONAs Middleware Infrastructure for Systems Integration and Extended E-Business

Waltham, MA. - October 18, 2000 -- IONA®, the Enterprise Portal Company™ (NASDAQ: IONA), today announced that Bank of Montreal has chosen IONAs iPortal Suite™ for their enterprise-wide application integration.

Bank of Montreal is implementing IONAs iPortal Suite as the software platform to support the integration of customer relationship management, enterprise resource planning and data-management applications including those running on the AIX™, Solaris™, Windows NT™ and IBM™ OS/390 computing platforms. Utilizing IONAs Orbix 2000™ and iPortal OS/390 Server™, the Bank will develop a flexible, scalable platform that enables the aggregation of back-end applications and the development of new web-based business processes. Bank of Montreal has also chosen to establish Orbix 2000 as its standard middleware infrastructure.

Founded in 1817, Bank of Montreal is Canadas oldest bank and has grown to be one of the largest banks in North America with over $238 billion Cdn in assets and 32,000 employees. The Banks growth strategy has made it a priority to integrate its existing legacy systems and proprietary applications to enable better, faster, and cheaper service for its customers.

"We chose IONAs iPortal Suite because it is a proven, market-leading technology that gives us the flexibility we need to compete," said Richard Cleaver, Vice President of Global Information Technology at Bank of Montreal. "IONAs iPortal Suite provides a comprehensive approach to application integration and offers us the technology necessary to exploit future e-business opportunities."

"As one of Canadas most prestigious financial organizations, Bank of Montreals decision to implement the iPortal Suite demonstrates the value of an open, distributed development platform in today's Internet-enabled marketplace," said Barry Morris, CEO at IONA. "Were looking forward to continuing our work with Bank of Montreal, and supporting them in the development of a software infrastructure that will easily scale to meet the increasing demands of their customers over time."

About IONA

IONA, the Enterprise Portal Company, is a leading provider of e-business infrastructure that helps organizations build and deploy enterprise portals, Internet commerce sites, and other large-scale distributed applications. IONA supports a full diversity of languages, including Java and C++, and distributed computing technologies, including SOAP, XML, EJB, J2EE, CORBA, Microsoft's Windows DNA 2000 and IBM OS/390, CICS and IMS. Founded in 1991, IONA is headquartered in Dublin, Ireland with U.S. headquarters in Waltham, Massachusetts. The company had revenues of $105 million in 1999 and employs more than 750 people in 30 offices worldwide. For more information, please see http://www.iona.com.

IONA and Orbix are registered trademarks, and the Enterprise Portal Company, iPortal Suite, iPortal Server and iPortal OS/390 Server are trademarks of IONA Technologies. All other trademarks are the property of their respective owners.

[an error occurred while processing this directive] [an error occurred while processing this directive]

IN NEWS & EVENTS...

Related Content

Need More Info?

Feel free to reach us by phone or email anytime of the day.

> View Phone Numbers
> Contact Us Form

Contact Sales

For pricing and license information please contact a sales representative in your region:
AMER, EMEA or APAC