(EMAILWIRE.COM, January 11, 2001 ) MONROVIA, Calif., -- SeeBeyond (Nasdaq: SBYN - news), the leading global provider of eBusiness Integration (eBI) solutions, announced today that it is increasing its revenue estimate for the fourth fiscal quarter ending December 31, 2000, as well as for Fiscal Year 2001.SeeBeyond expects to report fourth quarter 2000 year-over-year revenue growth of approximately 168%. Total revenues for the fourth quarter are expected to be in the range of approximately $40.0 to $42.0 million, an approximate sequential increase of 51% from Q3 2000. In the prior year's fourth quarter, SeeBeyond (then STC) had total revenue of $15.3 million.SeeBeyond expects to report fourth quarter 2000 year-over-year license revenue growth of approximately 235%. License revenues for the fourth quarter are expected to be in the range of approximately $26.0 to $27.0 million, up sequentially from SeeBeyond's earlier estimate of $21.0 million. In the prior year's fourth quarter, SeeBeyond (then STC) had license revenue of $7.9 million.Our revised expectations are a direct result of Global 2000 technology decision makers increasingly recognizing the need to provide business critical information in real-time to all appropriate touch-points of their organizations. They are now able to differentiate between SeeBeyond's comprehensive solutions versus our competitors products,'' said Jim Demetriades, founder, chairman and CEO for SeeBeyond commented. We are extremely pleased with the strength we are experiencing in this marketspace, and believe our comprehensive product offerings, investment in sales and marketing and key partnerships position us strategically to capitalize on this momentum in 2001.''The Company attributes the quality of its Q4 customer wins, its increased penetration of key verticals, continued strength in partner-influenced sales and the expansion of its sales and marketing teams as key factors in the Company's performance. Significant new customers in the fourth quarter include such Global 2000 companies as ABB, Allstate Insurance, American General Insurance, BFGoodrich, BHP, British Gas, KAPPA Packaging, Clearstream, DuPont, RR Donnelly and Sprint. Repeat customer business includes license deals with Boeing, FNAC,Hewlett Packard, Raytheon and Visa International.For 2000, the Company expects to report total annual revenue of approximately $112 to $114 million, an increase of approximately 105% year over year from $55.2 million in 1999.SeeBeyond is expecting its fourth quarter loss per share, excludingamortization, to be in the range of ($0.06) to ($0.08) per share compared to ($0.20) per share loss in the previous year's fourth quarter.The Company now anticipates fiscal year 2001 annual net revenues of $200 to $210 million; up from the previously announced $175 to $180 million estimate. The company is also raising its revenue guidance for Q1 of 2001 to a range of $44 to $46 million. In addition, the company is accelerating its profitability target to breakeven in Q2 2001.The Company will host a conference call today at 2:00 PM PST / 5:00 PM EST to discuss the projected results. The dial-in number for the call is (800) 277-3988. SeeBeyond will report actual fourth quarter and fiscal year end results on January 22, 2001.About SeeBeyond (Formerly STC)As a market leader in eBusiness solutions, SeeBeyond (Nasdaq: SBYN - news) provides the platform to assist companies worldwide in eliminating the boundaries and simplifying the complexities of sharing information among applications, both within their enterprises and among their suppliers, partners, and customers in real time. The SeeBeyond e*Xchange eBusiness Integration(TM) Suite provides an infrastructure that is rapidly deployable and infinitely scalable to meet customers' growing needs. With more than 10 years of experience operating under the name STC, SeeBeyond has successfully integrated systems atmore than 1,350 organizations worldwide, including ABB, ABN Amro, Allstate, Barnes & Noble.com, Bausch & Lomb, BHP, Daimler-Chrysler, Florida Power & Light, Fluor Daniel, DuPont, Hewlett Packard, Nike, and Pfizer, Sprint. Key global business and technology consulting partners include Accenture (formerly known as Andersen Consulting), EDS, Computer Sciences Corporation, Cap Gemini Ernst & Young, KPMG Consulting and PricewaterhouseCoopers. Software partners includeBroadVision, Onyx Software, Oracle, SAP and Siebel Systems.SeeBeyond Technology Corporation has global headquarters in Monrovia, Calif. And sales and marketing headquarters in Redwood Shores, Calif. For more information, please visit http://www.seebeyond.com.e*Gate, e*Xchange eBusiness Integration, e*Way and Intelligent Bridge are trademarks of SeeBeyond Technology Corporation (STC). eBI is a servicemark of SeeBeyond Technology Corporation (STC). All other trade names are the property of their respective owners.The anticipated results for the fourth quarter of fiscal year 2000 described in the above paragraphs constitute forward-looking statements as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. Actual results for the quarter and year are unknown at this time and are subject to further review of the revenue recognized under SeeBeyond's accounting policies, generally accepted accountingprinciples and typical quarterly adjustments, if any, and review of such results by SeeBeyond's auditors. This press release also contains other forward-looking statements concerning estimated revenue levels for fiscal year 2001. Actual results in future periods are subject to risks and uncertainties which would cause actual results to differ materially from those projected. Those risks include customer demand and the pace of information technology-related spending, the general state of the economy, the company's unpredictable and lengthy salescycles, its dependence on revenues from a single software suite, its dependence on the success of its relationships with system integrators, and the impact of competition in the market for e-Business integration software. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the company's filings with the Securities and Exchange Commission (filed under the company's former name, Software Technologies Corporation), including its Annual Report on Form 10-K for the fiscal year ended December 31, 1999, and its Quarterly Report filed on Form 10-Q for the quarter ended September 30, 2000.The company does not undertake to update any forward-looking statements.

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