StreamServe And AvantGo Form Strategic Alliance Enabling Wireless Integration to Business Applications.

StreamServe And AvantGo Form Strategic Alliance Enabling Wireless Integration to Business Applications. Stockholm, Sweden and Hertfordshire, UK (November 7, 2000) StreamServe AB, a leading provider of eBusiness communication software, has signed a strategic alliance agreement with AvantGo, Inc. Europe Ltd., a leading provider of mobile infrastructure software and services. The agreement enables StreamServe and AvantGo to add the companies' respective technologies to their existing product offerings. With the StreamServe-AvantGo solution the customer can have all documents and data in their central business application environments available in handheld devices wirelessly and off-line in a very flexible and scalable way. The solution also enables mobile applications such as time reporting, order handling, service reporting, sales support and works on both Palm OS and PocketPC platforms. "We experience a high demand from our current and prospective customers to bridge the gap between their central business applications, the Internet and wireless technologies. StreamServe with its European presence and ERP integration and transformation capabilities was clearly a very strong solution to fulfill our high requirements", said Phil Hibberd, General Manager, AvantGo Europe Ltd. By complementing StreamServe's first-class ERP integration and communication software products with the AvantGo product offerings, customers will be able to get an outstanding software solution for making business-critical information and data available on mobile devices and thereby staying ahead of competition. "The partnership with AvantGo is another strong confirmation that we are in the forefront of bringing forward first-class products and services, and will further enable us to leverage the growing demand for integrating business applications with wireless devices", commented Jakob Svärdström, COO at StreamServe. Mr. Svärdström continues, "This strategic alliance will drive increased revenues for both companies and will be an natural addition to our already comprehensive communication platform." About StreamServe StreamServe is a provider of eBusiness communication software. Its solutions enable companies to manage, personalize, and automate the flow of critical business information between its customers, suppliers, and eMarketplaces. StreamServe leverages existing investments by providing integration with most major business applications, legacy systems, and eBusiness platforms. StreamServe began operations in Sweden in 1995. Over the past five years, it has experienced explosive growth and now has offices in Finland, France, Germany, The Netherlands, Norway, the United Kingdom and the United States. StreamServe has more than 1,800 customers across a wide range of industries representing the new and old economies. The company also has strong partnerships with major business application vendors, systems integrators, and eBusiness providers. See www.StreamServe.com. About AvantGo AvantGo, Inc. (Nasdaq: AVGO) is a leading provider of infrastructure software and services that power the mobile economy. AvantGo Enterprise software enables businesses to increase the value of their corporate information systems by extending existing enterprise applications and critical information to employees, customers and business partners. The company also provides the AvantGo mobile Internet service, a hosted network that enables hundreds of businesses to deliver their content and applications to more than 1.2 million mobile consumers. AvantGo is a pioneer in delivering real-world solutions for both wireless and off-line use. For more information, please visit www.avantgo.com. For more information, please contact: Jakob Svärdström, COO, StreamServe, Inc. Phone: +46 8 686 85 33; +46 70 686 85 33 jakob.svardstrom@streamserve.com StreamServe, the StreamServe logotype and Intelligent Business Communications are trademarks of StreamServe Inc. All other product or company names herein maybe trademarks or registered trademarks of their respective owners. This press release includes forward-looking statements that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements. Such factors include, but are not limited to, the ability of AvantGo developers to complete the project within the indicated timeframe, risk related to market acceptance of StreamServe¹s products and services, and slow down in the adoption of mobile devices for which the market for the parties¹ technology and software is dependent. Further details on these risks are set forth in the parties filings with the Securities and Exchange Commission. AvantGo, AvantGo Enterprise and the AvantGo logo are trademarks of AvantGo, Inc. All other trademarks are the property of their respective owners. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/11/07/20001107BIT01130/bit0001.doc http://www.bit.se/bitonline/2000/11/07/20001107BIT01130/bit0002.pdf