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October 4, 1998

GECTIS SIGNS GLOBAL SOFTWARE & SERVICES DEAL WITH IBM

By CBR Staff Writer

Financial services unit GE Capital Information Technology Solutions (GECITS) has signed a deal with IBM Corp and Lotus Development Corp to deliver software and services around Lotus and IBM e business software. GECTIS claims that this is the first such global software and services deal for IBM Corp. The deal will focus on IBM’s Net.Commerce server and Lotus Domino and Notes groupware. GECITS is a wholly-owned subsidiary of the General Electric Company.

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