IONA'S JAVAONE 2001 'IN YOUR DREAMS' CAMPAIGN PRODUCES iPORTAL APPLICATION SERVER 3.0 DEVELOPMENT COMMUNITY AND ACCELERATES MASS-MARKET ADOPTION OF J2EE™

Conference Attendees Received Full Development License to IONA's New Java™ 2 Platform, Enterprise Edition Technology; 10,000 Contestants Entered IONA's Fantasy Vacation Sweepstakes; and IONA's CEO Rocked San Francisco with Spinal Tap

Waltham, MA. -- June 13, 2001 - IONA®, the leading e-Business Platform provider for Total Business Integration™ (NASDAQ: IONA), today announced that over 10,000 Java developers crowded IONA's booth at last week's JavaOnesm Conference 2001 in San Francisco, California for the chance to "Live their Dreams." IONA distributed in excess of 7,000 free, fully licensed copies of its new iPortal" Application Server 3.0 and witnessed a large development community take shape for its next-generation, enterprise-class J2EE™ technology. All visitors to IONA's booth were also entered to win IONA's fantasy vacation sweepstakes and hoped to get an invitation to IONA's exclusive Rock'n'Roll event that featured IONA's CEO Barry Morris on lead guitar with Spinal Tap.

Unveiled on Monday, June 4, 2001, IONA's iPortal Application Server 3.0 is a next-generation Java™ 2 Platform, Enterprise Edition application server that combines strict J2EE standard conformance and unique Extreme Programming features with application integration and Web services generation tools to provide unparalleled usability, flexibility and reliability for enterprise applications. In support of the release of iPortal Application Server 3.0, IONA announced an unprecedented pricing model that will empower developers with J2EE technology for only $495 per year - 1/6th the cost of other J2EE compliant application servers. IONA also announced a new ISV program for the iPortal Application Server 3.0 that significantly reduces the cost of ownership of J2EE technology. Organizations of all sizes now have the opportunity to deliver solutions based on the J2EE platform.

In conjunction with announcements surrounding the release of its latest J2EE technology at JavaOne last week, IONA also announced the IONA® B2B Integrator and IONA™ Enterprise Integrator, the company's business-to-business and application-to-application integration solutions. Both are key components of the IONA e-Business Platform for Total Business Integration and leverage the strict J2EE™ standard conformance provided by IONA's iPortal Application Server 3.0 to offer high-performance and scalability.

In Your Dreams Rock'n'Roll Event and Fantasy Vacation Sweepstakes:
On Wednesday, June 6th, IONA held an exclusive, invitation only Rock'n'Roll Event at San Francisco's Regency Theater. The three-floors of games, live music and over-the-top entertainment reached a pinnacle when IONA's CEO Barry Morris joined Spinal Tap on stage to take lead guitar and treated the crowd of over 2,000 to an inspired version of "Break Like the Wind."

IONA selected the 2 winners of its "In Your Dreams" Fantasy Vacation Sweepstakes on Thursday, June 7, 2001. The winners will choose from prizes including: First class travel to see Ireland's biggest band play at an historic castle in Dublin - plus almost unheard of VIP access. Seeing New Jersey's Boss play a special show in his old high school auditorium -- plus an invitation to the private band party. Hiking through the Costa Rican rainforest - accompanied by the Playboy Playmate Xtreme Team. Driving down the California Coast in an immaculately restored 1960's Corvette - and keeping the car. Taking private golf lessons in Hawaii with Butch Harmon, the man who taught Tiger Woods to play - and then flying to Pebble Beach to play the weekend. Gaining actual pit crew credentials at the Daytona races - and then private race lessons from famed NASCAR driver Rusty Wallace. Enjoying the ultimate romantic vacation in Italy, from first class hotels and restaurants to shopping sprees - and then doing it again in Paris six months later.

About IONA
IONA is a leading e-Business Platform provider for Total Business Integration™. The IONA e-Business Platform provides users with a complete business solution for end-to-end business integration inside and outside the firewall. IONA's e-Business Platform includes a J2EE-compliant application server, mainframe and an enterprise application integration suite as well as XML web services, Java and CORBA development tools, and a business-to-business integration (B2Bi) platform. Founded in 1991, IONA is headquartered in Dublin, Ireland with U.S. headquarters in Waltham, Massachusetts. The company had revenues of $153 million in 2000 and employs more than 1000 people in 30 offices worldwide. Please visit www.iona.com for more information.

IONA, IONA Suite, iPortal Application Server, iPortal Integrator, iPortal OS/390 Server, iPortal SureTrack, iPortal XMLBus, Orbix, Adaptive Runtime Technology and Total Business Integration are trademarks or registered trademarks of IONA Technologies. SUN, Sun Microsystems, the Sun Logo, Java and J2EE are trademarks or registered trademarks of Sun Microsystems, Inc in the United States and other countries. CORBA is a trademark or registered trademark of the Object Management Group,Inc in the U.S. and other countries. All other trademarks are the property of their respective owners.

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