Chairman to Speak at Morgan Stanley Internet Software and Networking Conference

Keynote panelist Marc Benioff to discuss advantages of utility model for enterprise software delivery

SAN FRANCISCO, Calif. - January 6, 2003 -, the market leader in online customer relationship management (CRM), today announced that Marc Benioff, chairman and CEO of, will participate in the keynote panel entitled, "The Food Chain: A cross sector analysis of technology," at the annual Morgan Stanley Internet Software and Networking Conference on Monday, Jan. 6, 2003 at 1:30 MST, at The Phoenician Resort in Scottsdale, Arizona. Morgan Stanley Managing Director and Enterprise Software Industry Analyst Chuck Phillips will moderate the panel, which also includes other industry luminaries.

Phillips has estimated that $130 billion in enterprise technologies purchased in the last two years has not been implemented, and that 40 percent of all enterprise software purchased is never installed (Optimize Magazine, April 2002). The keynote panel is designed to examine the reversal of this trend, with particular focus on the online utility model for software delivery pioneered by Benioff as "The End of Software." has currently achieved more than 5,400 customers for its online CRM solution, including global leaders such as Le Meridien, Autodesk and USA Today. In the past year, has added more CRM customers than Siebel (NASDAQ: SEBL), PeopleSoft (NASDAQ:PSFT), Oracle (NASDAQ: ORCL) and SAP (NYSE: SAP) combined.

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