Business Objects Recognized for Technology Innovation by VARBusiness Magazine

BusinessObjects XI Release 2 Wins VARBusiness Technology Innovator Award for Enterprise Business Software; Crystal Vision Server Cited for SMB Business Software

SAN JOSE, Calif., and PARIS - Oct. 31, 2006 - Business Objects (NASDAQ: BOBJ; Euronext Paris ISIN code: FR0004026250 - BOB), the world's leading provider of business intelligence (BI) solutions, today announced the company has won a 2006 VARBusiness Technology Innovator Award for BusinessObjects™ XI Release 2 in the Enterprise Business Software category. In addition, Crystal Vision Server XI was the runner-up in the SMB (small to medium sized business) Business Software Category. The awards were formally presented last week in Huntington Beach, Calif., at the CMP XChange Tech Innovators Conference.

The VARBusiness Technology Innovator Awards honor the most innovative solutions in 13 categories from business software to storage and security. More than 700 products were submitted for consideration, and the finalists were judged by a panel of solution-provider executives and VARBusiness editors. The judges scored the products based on five main points: usefulness, product innovation or improvement, price to performance ratio, revenue potential for value-added resellers, and its "coolness" factor.

"In the technology world, innovation is about refreshing old technologies to maintain relevancy, bringing new ideas to the forefront, and piecing together building blocks to create new systems," said Lawrence M. Walsh, editor of VARBusiness. "The VARBusiness Technology Innovator Awards are given to vendors that push the envelope, building new products that solution providers can use to create systems, find new opportunities, and generate revenue."

BusinessObjects XI Release 2 features several enhancements and new capabilities that deliver improved simplicity for end users, access to trusted information, and the ability standardize on a single BI platform. Crystal Vision Server XI, one of VARBusiness Magazine's Mid-Market Products of the Year, gives small to medium-sized companies everything they need to create sophisticated business reports and dashboards, and easily deliver and manage them via Microsoft Office and the Web.

"Innovation is one or our core values at Business Objects," said Herve Couturier, senior vice president of products at Business Objects. "Receiving a VARBusiness Technology Innovator Award is a great accomplishment and is further confirmation that Business Objects continues to deliver on its rich history of innovation. We continue to update BusinessObjects XI Release 2 to broaden the scope and reach of our BI platform, and enable organizations to give users simplified access to the trusted information they need to run their business effectively."

For additional information on BusinessObjects XI Release 2, please visit http://www.businessobjects.com/businessobjectsxi. For more information on Crystal Vision Server XI, please visit http://www.businessobjects.com/crystalvisionserver.

About VARBusiness Magazine
For the past 19 years, VARBusiness' strategic resources have been the gateway to the solution-provider community. VARBusiness provides unique strategic business and technology insight for solution providers through industry-defining research, in-depth editorial, channel events and innovative Web services, enabling these IT professionals to make educated decisions for their businesses, partnerships and customers. VARBusiness has been the recipient of numerous industry awards for both editorial content and design. Additional information about VARBusiness products, events and services, is available on the magazine's Web site at www.varbusiness.com.

About Business Objects, an SAP company

Business Objects has been a pioneer in business intelligence (BI) since the dawn of the category. Today, as the world's leading BI software company, Business Objects transforms the way the world works through intelligent information. The company helps illuminate understanding and decision-making at more than 46,000 organizations around the globe. Through a combination of innovative technology, global consulting and education services, and the industry's strongest and most diverse partner network, Business Objects enables companies of all sizes to make transformative business decisions based on intelligent, accurate, and timely information.

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.

Business Objects and the Business Objects logo, BusinessObjects and Crystal Reports 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.

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Business Objects and the Business Objects logo, BusinessObjects, WebIntelligence, Crystal Reports, Intelligent Question, and Desktop Intelligence are trademarks or registered trademarks of Business Objects S.A. or its affiliated companies in the United States and/or other countries. All other names mentioned herein may be trademarks of their respective owners.

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