IBM to Acquire Object Technology International Inc.

TORONTO, ONTARIO, February 22, 1996 . . . IBM today announced that it will
acquire Object Technology International Inc. (OTI), a leading developer of
object-oriented software technology. OTI, based in Ottawa, Canada, will
become a subsidiary of IBM Canada. Financial details of the transaction
were not disclosed. As in the past, OTI will continue to involve its
alliance partners in its ongoing research and development initiatives.

The acquisition of OTI will accelerate IBM's ability to develop and deliver
open, advanced object-oriented products and technologies to customers
around the world. Object-oriented technology makes the development and
delivery of software applications easier, faster and more cost-effective.
Using OTI's object-oriented Smalltalk technology, IBM's VisualAge family
of products helps customers reduce their development cycle and improve
programmer productivity and quality. Smalltalk and object-oriented
technologies are also key for companies who are building network-enabled
applications and components.

"Timely development and delivery of applications are major concerns of our
customers, particularly with the emerging role of distributed applications
for the Internet and internal networks," said John M. Thompson, IBM senior
vice president and software group executive. "The innovative,
cross-platform technologies developed by OTI will play a key role in
helping customers leverage their application development resources for
competitive advantage.

"IBM has been a technology partner with OTI for some time. OTI's Smalltalk
technology has been a key component in our award-winning VisualAge
products," continued Thompson. "We are delighted to have OTI join the IBM
development team."

David A. Thomas, president and CEO of OTI, commented, "OTI has had a
long-standing and successful business relationship with IBM. IBM's
investment in OTI strongly reflects its commitment to making Smalltalk a
leading object-oriented technology for application development. Together,
we have an opportunity to provide our customers with exciting new
technology solutions that will increase their productivity and
dramatically improve the quality of their products and applications. OTI
is very pleased about the prospect of joining the IBM team."

Khalil Barsoum, president and CEO of IBM Canada Ltd., said, "OTI is a
proven leader in developing object-oriented technology for a range of
environments, including PCs, UNIX systems and mainframes. Our strengths
are complementary and will result in opportunities for new object-oriented
solutions for our customers worldwide. We look forward to working with OTI
as a member of the IBM Canada team."

OTI will operate as a subsidiary of IBM Canada Ltd., reporting to John
Swainson, vice president of Application Development Solutions for IBM's
Software Solutions Division and director of the IBM Canada Ltd.
Laboratory.

OTI employs 110 people. OTI's portfolio of software components, tools,
technologies and processes enables its alliance partners to develop and
deploy innovative, leading-edge object-oriented systems and products.
OTI's technology portfolio includes Smalltalk language technology, the
ENVY/Developer component development environment, embedded systems
environment, and distributed computing.

For Internet users, IBM offers complete information about the company, its
products, services and technology on the World Wide Web. The IBM home page
is accessible via http://www.ibm.com. The fastest and easiest way to get
information about IBM software is to go to the IBM software home page at
http://www.software.ibm.com. Information on OTI can be found at
http://www.oti.com.

Please Note: Questions about the content or currency of this press release
should be directed to your local IBM representative.
 
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