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For Immediate Release

Susan Barich
Director of Business Development
Silicon Valley World Internet Center
650-462-9800
barich@worldinternetcenter.com

IBM JOINS SILICON VALLEY WORLD
INTERNET CENTER

Participation in Prestigious "Think Tank" Furthers IBM’s Commitment to West Coast Web Community

Palo Alto, CA-- April 13, 2000 -- IBM today announced its sponsorship of the Silicon Valley World Internet Center (http://www.worldinternetcenter.com), a premier collaboration and networking facility for the advancement of Internet-related technologies and markets.   

As an executive sponsor, IBM will participate with other Silicon Valley industry leaders in community development programs, partnership opportunities and customized “think tank” sessions to solicit and exchange new ideas.  The combination of the Center’s activities and IBM’s leading research on e-business technology and innovation will be a valuable resource for Internet entrepreneurs.

IBM, the largest information technology company in the world, is also one of the largest employers in Silicon Valley, with more than 11,000 employees.  Joining the Silicon Valley World Internet Center, long recognized for its delivery of new business opportunities, is a natural complement to the company’s commitment to, and involvement with, the Bay Area Internet community.

 "IBM is excited about collaborating with the Silicon Valley World Internet Center, which has developed strong relationships with local thought leaders who are shaping the next generation of e-business," said Leslie Givens, Program Director for e-business technologies, IBM Corp., located in Cupertino.  "Through our participation, we hope to contribute to the Center’s objectives in advancing Internet innovation."

As an executive sponsor, IBM will also showcase its technology innovations and perspective on emerging business models to Center participants, hold panel discussions with sponsors and other Internet thought leaders, and participate in customer showcases and special events. IBM will also be a regular participant at the Center’s weekly informal open meetings.

"The possibilities for collaborative advancement of e-markets are endless.   We are thrilled to welcome IBM as a world renowned thought leader to  contribute to this dynamic knowledge network. The entire industry will benefit from that contribution," said Dr. Susan J. Duggan, CEO, Silicon Valley World Internet Center.

IBM CORPORATION

IBM is the world’s largest information technology company, with 80 years of leadership in helping businesses innovate. IBM Software offers the widest range of applications, middleware and operating systems for all types of computing platforms, allowing customers to take full advantage of the new era of e-business.  The fastest way to get more information about IBM software is through the IBM Software home page at http://www.software.ibm.com.

SILICON VALLEY WORLD INTERNET CENTER

The Center, a dynamic think tank, showcase and collaboration facility for the advancement of eMarkets and Internet-related technologies, is currently sponsored by key companies in the Internet revolution: Amdocs, Inc., Deutsche Telekom, Hewlett-Packard Company, IBM Corporation, SAP, and Sun Microsystems.


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