The Sun ONE Portal Server 6

New York, N.Y., - June 3, 2002 -- ScreamingMedia, Inc. (Nasdaq: SCRM), a leading provider of information, technology and tools, today announced that its web services infrastructure will fully support the Sun ONE Portal Server and the Sun ONE architecture for web services. The announcement highlights ScreamingMedia's continued support for open industry standards and web services.

ScreamingMedia's integration technology aggregates content from disparate sources, normalizes and filters that data, and then deposits it into appropriate repositories. The real-time, personalized delivery of critical information enables enterprises to enhance customer relationships, create new revenue opportunities and improve employee performance.

ScreamingMedia's integration technology leverages J2EE-based technologies and supports open standards such as Java, XML, XSLT and JDBC, facilitating easy, cost-effective integrations into existing and future business platforms like the Sun ONE Portal Server 6.0. By its ability to efficiently integrate with existing and future business systems via its component-based architecture, ScreamingMedia's integration technology significantly decreases development time, reduces costs and delivers improved return on investment.

"ScreamingMedia has long supported the Sun ONE initiative and with the launch of Portal Server 6.0, we continue our support for open industry standards," said Scott Harrison, VP of Business Development, ScreamingMedia. "Our solution, along with Sun ONE, delivers to joint customers, a flexible, scalable portal solution that improves productivity, reduces time-to-market and facilitates the rapid distribution of actionable information."

"The goal of Sun ONE Portal Server is to allow enterprises to deploy highly scalable, flexible and secure portals with best-of-breed applications," said Marge Breya vice president of marketing for Sun ONE. "Through our partnership with ScreamingMedia we are able to provide our customers with valuable personalized business information and applications, helping them make more informed business decisions."

About Sun ONE Portal Server

The Sun ONE Portal Server -- the industry's first portal platform for building B2E, B2B and B2C portals -- enables the personalized delivery of content, services, business processes and applications for enterprises competing in today's competitive environment. It is a key component of the Sun Open Net Environment (Sun ONE) offering - an open, integratable product portfolio to enable the development and delivery of services on demand. With more than 385 customers worldwide, the Sun ONE Portal Server (formerly iPlanet Portal Server) has received significant industry recognition -- ranked #1 in portal marketshare by The Radicati Group ("Enterprise Portals Market Trends 2001-2005") and positioned in the leader quadrant in Gartner's Portal Product Magic Quadrant ("Big Change Evident in 2H02 Horizontal Portal Product MQ," May, 2002) -- for two consecutive years.

About Sun ONE

Sun ONE is Sun's vision, architecture, platform and expertise that enables the development and delivery of services on demand. Sun ONE validates, improves and extends current enterprise systems. Through its open, integratable architecture, Sun ONE extends current enterprise systems to help reduce costs and complexity while improving organizations' return on assets. Sun ONE represents a significant initiative in Sun's evolution to providing an open end-to-end architecture building on the company's offerings across systems and development environments. More information about Sun ONE is available at www.sun.com/sunone

About ScreamingMedia, Inc.

ScreamingMedia provides information, technology and tools to the enterprise. The company's solutions power better, faster and more informed business decisions in three core market segments: 1) Financial Services: web and wireless investment information and analytical tools; 2) Corporate Information: business information tools and applications to corporate portals; and 3) Access Platforms: real-time, actionable consumer information to a variety of platforms including wireless applications, ISPs, iTV, kiosks, and virtually any platform. Serving North America, Europe and Australia, ScreamingMedia is headquartered in New York City and has offices in San Francisco, Calif.; Coralville, Iowa; and London. For more information, visit ScreamingMedia's website at www.screamingmedia.com.

Sun, Sun Microsystems, the Sun logo, iPlanet and Sun ONE are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries.

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