Business Objects Names David Kennedy as General Counsel

Business Objects (Nasdaq:BOBJ)(Euronext Paris ISIN code: FR0004026250 - BOB), the world’s leading provider of business intelligence (BI) solutions, today announced the appointment of David Kennedy as its new general counsel. Kennedy will report directly to Business Objects’ CEO John Schwarz. He will be based at the company’s North America headquarters in San Jose, California. Kennedy joins Business Objects from IBM, where he served as Associate General Counsel for IBM Information Management, the fastest growing group within IBM’s software business. During his 18 year tenure at IBM, he spent several years in Paris as the head of IBM’s European litigation group, and served as counsel to a broad cross-section of IBM business units including the PC business, Global Services, Global Network, and Marketing and Services. ”David Kennedy brings a strong blend of energy, management experience and legal expertise to this pivotal role,” said John Schwarz, chief executive officer of Business Objects. "His outstanding track record in the international software industry will bring additional tactical and strategic strength to our executive committee, as we build on our leadership and growth in the business intelligence market.” During his career, Kennedy has led initiatives relating to M&A business development; intellectual property; corporate compliance; litigation; corporate finance; and work with federal, state and non-US governments. Kennedy holds a Bachelor of Science degree in Business Administration from the University of Connecticut School of Business Administration, and received his Juris Doctor degree from the University of Connecticut School of Law in 1989. About Business Objects Business Objects is the world's leading business intelligence (BI) software company, with more than 43,000 customers worldwide, including over 80 percent of the Fortune 500. Business Objects helps organizations of all sizes create a trusted foundation for decision making, gain better insight into their business, and optimize performance. The company's innovative business intelligence suite, BusinessObjects™ XI, offers the BI industry's most advanced and complete solution for performance management, planning, reporting, query and analysis, and enterprise information management. BusinessObjects XI includes the award-winning Crystal line of reporting and data visualization software. Business Objects has also built the industry's strongest and most diverse partner community, and offers consulting and education services to help customers effectively deploy their business intelligence projects. Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com. The Business Objects logo, BusinessObjects, Crystal Reports, Intelligent Question, and Xcelsius are trademarks or registered trademarks of Business Objects in the United States and/or other countries. All other names mentioned herein may be trademarks of their respective owners.