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Aug 25, 00

Compaq and Onyx Software Form Strategic Alliance

Alliance offers customers combined strengths of Onyx Software's customer-centric e-business applications and Compaq's world-class platforms and professional services

Singapore, 25th August 2000 - Compaq Computer Asia Pte Ltd and Onyx Software Asia have entered into a strategic alliance to extend customer-centric e-business solutions to businesses in Singapore.

The scope of the alliance includes joint development and solutions engineering, business development initiatives and marketing campaigns. Compaq and Onyx will collaborate to sell and deploy Onyx's enterprise-wide customer-centric e-business applications, with the Compaq Professional Services team providing integration and consulting services to customers.

Onyx 2000 offers a suite of products, including the Onyx Employee Portal, the Onyx Customer Portal and the Onyx Partner Portal. Built on the Onyx e-Business Engine, Onyx 2000 delivers scalable, enterprise-wide tools to manage customers that integrate easily with customers' existing applications.

"Compaq has an excellent understanding of our key vertical markets. Joining them in this range of initiatives to dot.com businesses will enable both companies to develop the customer-centric e-business market," says J. Y. Pook, Managing Director, Onyx Software Asia. "It will also enable us to deliver value added services and the benefits of a close working relationship to our mutual customers."

"Forming strategic alliances with other industry leaders like Onyx is part of our long-term strategy to provide leading edge NonStop products and services for the 24x7 Internet world," said Ng Chee Soon, Managing Director, Compaq Computer Asia Pte Ltd. "Our partnership with Onyx in the customer relationship management and e-business arena is another indication of our commitment in helping local businesses become globally competitive."

Compaq and Onyx will also collaborate to jointly integrate the BanqIT Financial Business System to the Onyx's e-business applications, and jointly develop WAP applications on Compaq's iPAQ Pocket PCs. Both companies are committed to delivering the right combination of e-business solutions and services, helping users to dramatically increase customer satisfaction, reduce the cost and risk of implementation, accelerate deployment and improve return on investment when implementing an enterprise-wide customer-centric e-business solution. Compaq and Onyx are currently working on marketing initiatives targeting dot.com startups.

"The Onyx-Compaq alliance offers complementary strengths, with Onyx leveraging on Compaq's world-class integration and professional services expertise and infrastructure; and Compaq, on Onyx's cutting-edge software solutions and customer-centric e-business applications," said Leong Say Haur, General Manager, Enterprise Business, Compaq Computer Asia Pte Ltd.

About Onyx Software
Onyx Software Corporation is a leading supplier of enterprise-wide, customer-centric e-business applications. Onyx Software's enterprise-class software connects and powers a company's entire e-business world, including customers, partners and sales, marketing, service and call center functions. Onyx Software's award-winning products are known for flexibility, reliability and quick deployment, resulting in high return on investment, low total cost of ownership and industry-leading customer satisfaction. Onyx Software operates worldwide, supporting large, medium and small companies such as American Express, Commerce One, Credit Suisse, Dreyfus, e-1000.com, FirstWorld Communications, Hummingbird, International SOS, NTL Group, Portland Trail Blazers, Prudential Securities, Sierra Health Services and Singapore Cable Vision. For more information, visit the Onyx web site at www.onyx.com or email info-asia@onyx.com. Please visit http://www.onyx.com/annualreport to download the Onyx Software 1999 annual report and 10K.

About Compaq
Compaq Computer Corporation, a Fortune Global 100 company, is the largest supplier of computing systems in the world. Compaq designs, develops, manufactures, and markets hardware, software, solutions, and services, including industry-leading enterprise computing solutions, fault-tolerant business-critical solutions, and communications products, commercial desktop and portable products, and consumer PCs. Compaq products and services are sold in more than 200 countries directly to businesses, through a network of authorised Compaq marketing partners, and directly to businesses and consumers through Compaq's e-commerce Web site at http://www.compaq.com. Compaq markets its products and services primarily to customers from the business, home, government, and education sectors.

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Compaq and the Compaq logo Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. This financial discussion contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. The potential risks and uncertainties that could cause actual results to differ materially include: delays in the implementation of changes in delivery models, component shortages, increased competitive environment and pricing pressures, delays in product rollout schedules, slow acceptance for new form factors, changes in product, customer and geographic sales mix, employee retention, the financial condition of resellers, delays in new systems implementation, operational inefficiencies related to sales cycles, equity investment volatility, emerging market political or economic instability and disruptions related to restructuring actions. Further information on the factors that could affect Compaq's financial results is included in Compaq's Securities and Exchange Commission (SEC) filings, including the latest Annual Report on Form 10-K and the latest quarterly report on Form 10-Q.

Contact: Choong Fong Ling
Compaq Computer Corporation
(65) 580-5701
Siow Shy Meei
Compaq Computer Corporation
(65) 580-5694
David Lim
Senior Marketing Specialist
Onyx Software Asia
(65) 332-6854
Gene Vallejo
Hill and Knowlton
(65) 433-0878

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MEDIA CONTACTS
Americas / Corporate Headquarters
Mitch Briggs Public Relations Coordinator
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Telephone: 317.249.1620
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Richard Furby
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Daisuke Sawamura
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