NEWSTREAM.Com Digest: Lucent Spin-Off Unveils Name andAnnounces Leadership, PCEXPO 2000,...

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NEW YORK--(BUSINESS WIRE)--June 27, 2000

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Lucent Spin-Off Unveils Name; Announces Leadership Team

The Enterprise Networks Group soon to be spun off from Lucent Technologies (NYSE:LU) today announced that it will be named Avaya, pronounced uhv-EYE-uh. The new name and logo will begin appearing in advertising and on company buildings and vehicles in the coming weeks. Get the new logo here.

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Avaya, Siebel Systems Form Global Strategic Alliance

Siebel Systems (NASDAQ: SEBL), the world's leading provider of eBusiness Application software, and Avaya, soon to be spun off from Lucent Technologies (NYSE: LU), today announced a global strategic alliance to jointly develop, deliver and market integrated eBusiness solutions. The customer-focused eBusiness leaders will target the $330 billion market for eBusiness solutions. Get details of the alliance and photos here. Video coming this afternoon.

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SayIt's "Stickies" - Doodling For The 21st Century

This new drag & drop feature on www.sayit.com makes doodling instant and fun to send over the net.

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PCEXPO 2000

The world's largest PC trade show, PCEXPO, opened today at New York's Jacob Javits Convention Center with more than 600 exhibitors and an expected crowd of over 85,000. Check out these streaming webcasts highlighting computing gadgets like GHz speed computers, wireless web devices, home networking products, laptops, and much more.

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eRisks Raises $14.5 Million in Funding

eRisks, the market leader for fully-integrated enterprise risk management services, announced today it has secured $14.5 million in financing from investors including aventic AG (a subsidiary of UBS), Risk Management Solutions, Inc., Katalyst Venture Partners I, LP, and Internet Finance Partners, LP.

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