Redwood City, Calif., June 11, 2001—NetObjects (NASDAQ: NETO) today announced that IBM Global Services has selected NetObjects Matrix to power a new Web Services project that is now being piloted and may be unveiled later this year.  Announced last week, NetObjects Matrix is a next-generation platform that allows various Web Services to integrate seamlessly into the Web site building and hosting process.

“After evaluating various technologies, we determined that NetObjects Matrix gives us the greatest flexibility to customize solutions and produce superior results for our customers,” said Jake Moore, senior product manager, IBM.  “We see tremendous opportunity in the remarketing of this platform.”

The IBM project that is based on NetObjects Matrix technology is aimed at helping smaller, less technically sophisticated and budget-strapped organizations get online. IBM and NetObjects will provide Web site applications and services that are already packaged and integrated to meet the needs of these organizations.

NetObjects Matrix offers an open platform that makes it easy for IBM to integrate current and potential future partner technologies into an IBM branded service. Core features include a customized wizard to help new users create a professional-quality Web site in minutes, the first online WYSIWYG Web Builder application, and a suite of integrated third-party services to complete the user’s solution.

“NetObjects has built the most advanced e-business platform in the world for small organizations,” said Samir Arora, chairman and CEO of NetObjects, Inc.  “Our partner strategy is helping more end-users get their hands on our products. We look forward to supporting IBM in its initiatives and rolling out more solutions like this over the next few quarters.”

Companies such as IBM, telecommunication carriers, ISPs, and Web hosting companies who are providing Web applications and services to their customers can choose NetObjects Matrix to power their e-business suites. The NetObjects Matrix Platform offers partners a quick and easy solution to bundle integrated value-added Web Services into a solution mix that is right for their customer base.

© 2001 NetObjects, Inc. All rights reserved. NetObjects and NetObjects Fusion are registered trademarks, and NetObjects Matrix is a trademark of NetObjects, Inc. All other brand and product names may be trademarks or registered trademarks of their respective companies.

This press release may contain forward-looking statements within the meaning of the federal securities laws.  Some statements can be identified by the words "believes", "anticipates", "plans", "expects", and similar expressions.  These forward-looking statements include, without limitation, statements about the financial results of the company, our strategy, partnerships, and the launch and roll out of products and services related to NetObjects Matrix.  These forward-looking statements do not constitute assurances regarding our future operating results, our operations, cash flows, and financial condition.  Our actual results could differ materially from those expressed or implied by these forward-looking statements due to various factors, including delay of product roll-outs, development of strategic partnerships, development of additional revenue streams, and other risk factors described in our recently filed Form 10-K and Form 10-Q and other periodic reports and documents that we have filed with the SEC pursuant to the Securities Exchange Act of 1934. We undertake no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or relevant events occur in the future.