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January 25, 2001


MARRAKECH STANDARDISES ON SIEBEL EBUSINESS APPLICATIONS

Global Online B2B E-Procurement Provider Deploys eBusiness Software to Manage Customer Information

25th January 2001, Dublin, Ireland and San Mateo, USA ....
, Siebel Systems Inc the world's leading supplier of eBusiness applications software, today announced that Marrakech - which enables organisations to trade with their business partners online -- will standardise its customer-facing operations on Siebel eBusiness Applications.

By creating a single, comprehensive customer information management system, Marrakech will ensure that its sales, service and marketing representatives understand customer needs and work seamlessly together to provide consistently superior service and enhance customer satisfaction.

Headquartered in Dublin, Ireland, with offices worldwide, Marrakech operates the Marrakech Global Commerce Network™ (MGCN), a neutral, secure and trusted e-commerce platform which brings together buyers, suppliers and banks and enables them to trade together online. MGCN provides participating organisations with a range of services including procurement, business intelligence and billing and payment that enable faster and more efficient trading between business partners. According to a November Forrester Research press release, global eMarketplace trade will reach $408 billion in 2004.

Marrakech had been seeking to ensure sales, service and marketing would function smoothly and keep pace with the global growth of the MGCN. As a vehicle for many parties -- from buyers, suppliers and banks, to other marketplaces -- seamless operation would require nearly instantaneous co-ordination and recording of sensitive transactions across multiple geographic locations, time zones, languages and currencies. Marrakech needed to provide MGCN participants the flexibility to communicate through their preferred channel at any given time, whether via the Web, phone or email. Service and sales representatives also needed to be able to respond efficiently and accurately to requests and to move customers' trading partners onto the MGCN quickly and smoothly.

Siebel eBusiness Applications will unite Marrakech's customer-facing representatives in Ireland, the U.K., Mexico and Singapore, enabling them to share and update customer records and stay apprised of complex business relationships. Whether customers choose to contact Marrakech by phone, email, Web site or fax, service representatives will be able to work together seamlessly and respond without delays due to location or time zone. By creating a central repository for participant information, Marrakech service representatives will be able to review and identify effective processes to establish best practices. In addition, Marrakech marketing professionals will be able to develop accurate customer profiles and target and refine promotions to generate strong sales leads. Ultimately, Siebel eBusiness Applications will afford Marrakech insight that will help the company forecast customers' needs and prepare for growth, to ensure smooth operation of the MGCN and enhance customer satisfaction.

"The Marrakech Global Commerce Network is enabling companies around the world to come together over the Internet and trade together in a faster, more efficient and more cost effective way than ever before'', said Eleanor O'Neill, Vice President of Corporate Operations for Marrakech. "Managing such a large number of organisations and contacts spread around the globe requires a proven solution. We evaluated a number of applications and based on that analysis, selected Siebel eBusiness Applications to manage our customer and partner contacts. We are already implementing the system across our global offices, and it has proved a valuable tool in effectively managing our external contacts. "The robust, scalable technology underlying Siebel eBusiness Applications and the products' architecture also ensure Marrakech can expand with Siebel as we continue to grow," O'Neill said.

About the Marrakech Global Commerce Network
The Marrakech Global Commerce Network enables organisations to trade together online. The MGCN offers companies four different services, namely, procurement, business intelligence, billing and settlement and open network services. The combination of these four services produces the world's most complete B2B solution that enables end-to-end procurement from requisition to settlement, provides sophisticated analysis tools and integrates all members on an open platform.

About Marrakech
Marrakech is the global transaction company. The Marrakech Global Commerce Network is an Internet-based trading platform that facilitates commercial transactions between member organisations. It is the only commerce platform that integrates procurement and payment services into one single neutral network for buyers, suppliers, banks, marketplaces and other intermediaries. Marrakech is a privately held company with offices in Dublin, London, Paris, Mexico City and Singapore.

About Siebel Systems
Siebel Systems, Inc. is the world's leading provider of e-Business applications software. Siebel Systems provides an integrated family of eBusiness applications software enabling multi-channel sales, marketing and customer service systems to be deployed over the Web, call centres, 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

For more media information, please contact:

Tom Murphy Kate Jobling
Marrakech Ltd. Access Communications
Tel: +353 (0) 1 433 8311 +1 415 904 7070
tmurphy@marrakech.com kjobling@accesspr.com


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