IONA SIGNS STRATEGIC PARTNERSHIP WITH NET2S GROUP

International Telecom and Finance Specialist Joins IONA Global Alliance
Network

Dublin, Ireland - February 19th, 2003 -- IONA®, the leading provider of Rapid Integration software (NASDAQ: IONA), today announced a strategic alliance with international IT consulting group, NET2S. As an IONA Solutions Provider Partner, NET2S and IONA will cooperate on co-marketing and business development programs to support NET2S in the provision of systems integration solutions and services utilising IONA's Rapid Integration software.

The NET2S Group has become a key player in trading room systems for leading
international banks and in communications infrastructures for telecom manufacturers and operators, and will focus on the delivery of IONA's technology to these key market sectors. Under the partnership agreement
IONA expects to expand the broad adoption of its service-oriented integration solutions within these organisations.

IONA's Global Alliance Strategy has been developed to support Solution and
Technology Provider partners to grow their businesses, accelerate time-to-market, and increase revenues. With an established presence in Europe and the United States, NET2S will work with IONA's subsidiary offices worldwide to enhance the delivery of systems integration and e-business solutions for NET2S Group's enterprise customers in these territories.

"The partnership will bring together NET2S Group's expert knowledge of industry-specific environments, their current trends and inherent constraints, and IONA's reputation in the delivery of proven standards-based integration solutions," said Ali Pichvai, Managing Director NET2S Group. "It is a strategic alliance of skills and resources for both companies and we look forward to building a successful relationship with IONA."

"We have more experience solving integration problems for more customers than any other vendor," said Robert Sandie, Director of Global Alliances, IONA Technologies. "By sharing that experience and knowledge with our strategic partners we can work together to improve the overall customer experience and consolidate leadership in key markets. NET2S will join a network of more than 80 Systems Integrators worldwide who are already experiencing the benefits of our Alliance Program."

Press Release contact:
Louise Ellis
harvard public relations
DDI +44(0) 20 7861 3015

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