From: Darren_Smith@NeXT.COM (Darren Smith)
Newsgroups: comp.sys.next.announce
Subject: TEKNEKRON SOFTWARE SYSTEMS AND NeXT ANNOUNCE ALLIANCE
Date: 25 Jun 1994 13:50:31 -0400

FOR IMMEDIATE RELEASE

Contact:
Karen Logsdon
NeXT Computer, Inc.
415-780-3786
or
Kathleen Farmer
Teknekron Software Systems Inc.
415-325-1025

TEKNEKRON SOFTWARE SYSTEMS AND NeXT ANNOUNCE ALLIANCE

Teknekron To Port TIB to the NEXTSTEP Platform

PALO ALTO, Calif. - June 21, 1994 - Teknekron Software Systems, Inc., and NeXT
Computer, Inc. announced an initiative to port the Teknekron Information Bus
(TIB) event-driven framework to NEXTSTEP, NeXT's object-oriented software.
The two firms also agreed to port the Teknekron's MarketSheet family of
applications to NEXTSTEP, NeXT's object-oriented software in response to
customer demand.

With the TIB port, expected to be completed by the end of the fourth quarter of
this year, the two companies hope to create a substantially improved
environment for the rapid development of distributed, object-oriented
applications.

"We think highly of Teknekron's innovative TIB platform, and coupled with
NEXTSTEP it offers an unprecedented solution to the financial markets and
beyond," said Steven P. Jobs, chairman and CEO of NeXT Computer, Inc.
"The outcome of Teknekron and NeXT working closely together is clearly
greater than the sum of the parts."

Object technology enhances financial information distribution

Teknekron Software Systems is a leading software systems integrator in the
financial and semiconductor manufacturing industries where Teknekron's TIB data
distribution platform has become a defacto standard. Programmers worldwide
have used the TIB platform in building their risk and portfolio management,
order processing and data display applications. Customers, Teknekron and third
party developers will now be able to take advantage of NEXTSTEP's
object-oriented environment and rapid development tools.

"Object-orientation is profoundly changing the way information is distributed
in today's financial institutions," said Vivek Ranadive, president of Teknekron
Software Systems, Inc. "Our clients want proven, reliable technologies that
can help them leverage their internal expertise. We believe NEXTSTEP/OpenStep
provides the tools they need to efficiently build their next generation of
financial applications."

Object-oriented programming allows business practices and procedures to be
coded as stand alone software components. These objects are then combined to
build mission critical applications and stored for reuse in future applications.
Historically, these applications were demand-driven which meant that a user had
to ask each time for information. The addition of the TIB's event-driven
framework automatically brings new information to the user as events unfold
through intelligent filters the user describes in advance.   This means that
applications can publish and consume information without human intervention.

"Teknekron simplifies our desktop solution by bridging PC, Unix and
object-oriented technologies," said John Keazirian, executive vice president,
Information Technology at NationsBanc-CRT.  "The Teknekron architecture
combined with NEXTSTEP will provide a seamless integration of these two
strategic technologies. This complementary and powerful relationship will
result in an enhanced ability to respond quickly to the demands of the
financial marketplace."

About Teknekron Software Systems, Inc.

Teknekron Software Systems, Inc. is a subsidiary of Reuters Holding PLC,
(NASDAQ symbol: RTRSY). A systems integrator and software supplier, Teknekron
specializes in distributed systems technology. In financial services,
Teknekron is the global market leader in digital trading systems with over 150
client sites worldwide.

The Teknekron Information Bus (TIB) middleware, the backbone of Teknekron's
digital trading systems, is also being used to build distributed systems in the
manufacturing, construction and telecommunication industries. Teknekron
offers a full spectrum of products and services including consulting, software
development, systems integration and project management.

Headquartered in Palo Alto, California, Teknekron has branch offices in the
United  Kingdom, Japan, Switzerland, Canada, Hong Kong and Australia.

About NeXT Computer, Inc.

NeXT develops and markets the award-winning NEXTSTEP object-oriented software
for industry-standard computer architectures. Customers use NEXTSTEP's
advanced object environment to rapidly develop and deploy custom,
enterprise-wide, client/server applications. NeXT is headquartered in Redwood
City, California, and has offices in North America, London, Paris, Munich
and Tokyo.

# # # #

NeXT, the NeXT logo and NEXTSTEP are registered trademarks of NeXT Computer,
Inc.  All other trademarks mentioned belong to their respective owners.