The Baan Company is one of the world's leading providers of scaleable Enterprise business solutions, with more than 2,800 customer systems Implemented in 4,800 sites Worldwide. With its BaanSeries product family, Baan offers on-going delivery of open components for enterprise applications,including a comprehensive and flexible suite of Year 2000 compliant software solutions for small, medium and large enterprises, and best-in-class business modeling tools. Customers include assemblers and their entire value chain within the automotive, electronics, process, aerospace and defense and other project-based markets, as well as companies with hybrid manufacturing environments. At the core of The Baan Company is a continuous effort to reduce software complexity and increase customer value. Baan makes this possible through BaanSeries' component open architecture and integrated business application functionality, which allows customers to migrate to new technologies and product releases at their own pace, as well as through its Dynamic Enterprise Modeling-Strategy Execution (DEMSE), a graphical environment that links business models to corporate goals and strategies.

Founded in 1978, Baan has dual headquarters in, the Netherlands, Putten and Reston, Virginia.

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For product information visit Baan's web site at http://www.baan.com. Symbol:BAANF.