Press Room
Journyx and IBM Team to Deliver Enterprise Project and Time Tracking Software

AUSTIN, Texas, USA — April 5, 1999 — Journyx, the market leader in web-based project and time tracking solutions, and IBM (NYSE: IBM - news) today announced the general availability of Journyx Timesheet software incorporating IBM's WebSphere* and the DB2* Universal Database. Journyx Timesheet is a platform-independent solution that uses a Web browser to enable workers and their managers to track and report time & expenses on a project-by-project basis. In addition, Journyx Timesheet also integrates with IBM's MQSeries* for message queuing and information exchange.

The Journyx solution allows companies to efficiently track the productivity of employees as well as the profitability of certain clients. Journyx Timesheet is accessible enterprise-wide via the Internet or a company intranet. Because Journyx Timesheet uses a company's existing computers and Web browsers, no additional hardware or software investments are required.

"At times, technology struggles to keep pace with today's increasingly mobile work force as out-of-date or complex systems can present logistical nightmares for employees on-the-go as well as accounting departments," says Scott Armour, director, Worldwide ISV Software Sales & Marketing, IBM Software Group. "But integrating IBM's WebSphere, DB2 Universal Database, and MQSeries with Journyx Timesheet creates an efficient, easy-to-use system for mobile employees, allowing them to access project information and report time from wherever their work takes them."

Journyx Timesheet possesses many key user benefits and features including "Build Your Own Timesheet*", which allows users to customize the time entry screen for specific employees, groups, departments, or divisions by renaming, repopulating, or removing any field on a given time entry screen. The solution also allows users to track project status, time and attendance, activities, clients, billings, and other key data. Companies can track time logged against projects as well as percent complete figures based both on current estimated progress and on the initial estimate from project set-up.

With Journyx Timesheet, users can enter payroll billing rates specific to each employee, generate highly configurable internal reports, and easily export information into existing accounting, project management, and payroll software. Moreover, given the flexibility of the Journyx Timesheet product architecture, the software can be integrated with Enterprise Resource Planning software such as offerings from SAP AG (NYSE:SAP - news), PeopleSoft (NASDAQ:PSFT - news), or J.D. Edwards (NASDAQ:JDEC - news).

"It's increasingly tough, especially given the trends toward outsourcing, globalization and remote workers, for businesses to keep on top of projects and expenses" said Bill Leake, vice president of marketing, Journyx. "Journyx Timesheet coupled with IBM software will offer more robust options for our customers, providing a web-based system that scales to tens of thousands of users, yet remains extremely easy to use and dramatically lowers administrative costs over current methods."

About WebSphere Application Server Standard Edition
WebSphere Application Server, Standard Edition provides companies with an open, multi-platform, standards-based, Web server deployment platform and Web site management tools. It offers customers a solution to deploy e-business Web sites across a range of operating systems platforms including AIX**, Windows NT***, Sun Solaris****, OS/400, OS/390 and OS/2* Warp Server.

About IBM DB2 Universal Database
DB2 Universal Database is the industry's first multimedia, Web-ready relational database management system -- powerful enough to meet the demands of large corporations and flexible enough to serve medium-sized and small businesses. DB2 Universal Database combines power for business intelligence (decision support, data warehousing and data mining) with industry-leading performance and reliability for transaction processing. It delivers on IBM's network computing e-business promise, linking the world's business information with the Internet to realize business value.

About IBM MQSeries
IBM MQSeries, the most widely used message-queuing software on the market, enables users to exchange information between applications across more than 35 different platforms, from mainframes to PCs. This award-winning software enables business integration throughout the enterprise, allowing companies to maximize e-business opportunities by leveraging existing resources to improve speed-to-market and anticipate IT changes as their business changes. IBM's Business Integration with MQSeries family of products, which includes IBM's MQSeries, MQSeries Integrator and MQSeries Workflow, addresses the critical areas of IT management: messaging, application and information integration, business process automation, support and service. These innovative products use a simple, high-level application programming interface that shields developers from operating systems and network complexities and enables them to concentrate on application design. MQSeries' asynchronous technology assures message delivery even when programs or networks fail or the target system is temporarily unavailable. For more information on MQSeries, visit http://www.software.ibm.com/ts/mqseries/.

About Journyx
Founded in 1996, Journyx is the clear leader in Web-based time, project, & expense tracking solutions for the enterprise, with tens of thousands of users across the globe and an estimated 66 percent market share. Customers include a number of Fortune 500 firms, technical consulting and venture-backed software companies. The company has U.S. headquarters in Austin, Texas, and is privately held.

For more information, contact Sarah Griswold, Marketing Specialist, at (800) 755-9878 in the United States, email the company at info@journyx.com, or visit the company's web site at http://www.journyx.com.

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