News release

Compaq Supports Siebel 7, the Next Generation of Siebel eBusiness Applications

Compaq Computer Corporation (NYSE: CPQ) today announced support for Siebel 7, the seventh major release of Siebel eBusiness applications from Siebel Systems Inc., (Nasdaq:SEBL). Compaq has optimized Siebel 7 performance and reliability on Compaq hardware platforms, from iPAQ™ and Evo™ clients to ProLiant™ industry-standard servers and Alpha servers, and offers integration with NonStop™ Himalaya™ servers. This will provide organizations with complete eBusiness solutions that increase productivity, maximize revenue and profit, and significantly enhance customer acquisition, satisfaction and retention.

Siebel Systems enable software vendors to easily integrate solutions through open, extensible, advanced Smart Web Architecture. Through the support of Compaq's highly scalable, fault-tolerant hardware systems backed by Compaq Global Professional Services, Siebel 7 is a solution that allows organizations to manage, synchronize and coordinate all customer touch points across the Web, call centers, field sales, service personnel and channel partners.

"Siebel Systems has raised the bar with Siebel 7 as demonstrated by the new, Smart Web Architecture, including a highly interactive Web client," said Mike Mata, vice president and general manager of Global Sales and Partnerships at Compaq. "Siebel 7 enables multi-point integration with customer data across customer-facing and back-office systems, operational support applications unique to each industry, and custom-built and legacy applications, enabling a single view of the customer across the enterprise."

"The combined Compaq and Siebel 7 solution offers customers superior access to business-critical information anytime, anywhere and any way," said Bruce Cleveland, senior vice president, Marketing for Siebel Systems. "Compaq is uniquely qualified to provide Siebel 7 customers a proven infrastructure and comprehensive professional services, allowing businesses to quickly achieve increased customer value and rapid return on investment."

Customers Benefit from a History of Tried, Tested and Proven Solutions

Compaq is a Global Strategic Partner of Siebel Systems, the highest level of the Siebel Alliance Program. Together, Compaq and Siebel Systems have ensured 100 percent customer satisfaction for hundreds of joint customers since the origination of the partnership in 1997. Following the opening of the first International Solution Center at Siebel Systems' headquarters in San Mateo, CA in 1997, Compaq has opened additional Centers to support companies in North America, Europe, Asia, and Latin America, where it offers customers expert pre-sales solution services, including unique eBusiness sizings and configurations at no charge.

About Siebel Systems

Siebel Systems, Inc. (Nasdaq: SEBL) is the world's leading provider of eBusiness applications software. Siebel Systems provides an integrated family of eBusiness applications software, enabling multichannel sales, marketing, and customer service systems to be deployed over the Web, call centers, field, reseller channels, retail, and dealer networks. Siebel Systems' sales and service facilities are located in more than 37 countries. For more information, please visit Siebel Systems' Web site at www.siebel.com.

Company Background

Founded in 1982, Compaq Computer Corporation ("Compaq") is a leading global provider of enterprise technology and solutions. Compaq designs, develops, manufactures and markets hardware, software, solutions and services, including industry-leading enterprise storage and computing solutions, fault-tolerant business-critical solutions, communication products, and desktop and portable personal computers that are sold in more than 200 countries. Information on Compaq and its products and services is available at http://www.compaq.com.