Hummingbird Partners with Venetica to Leverage Distributed Content for Contract Management, Compliance and Other Business SolutionsIntegrated solution offers customers a single point of access to business content stored in multiple repositories across the enterprise Hummingbird Summit 2004, HOLLYWOOD, FL, Feb. 24, 2004 - Hummingbird Ltd. (NASDAQ: HUMC, TSX: HUM), a leading global provider of integrated enterprise content management (ECM) solutions, and Venetica, the leading provider of enterprise content integration (ECI) software, today announced a strategic technology partnership, under which Hummingbird will leverage Venetica technology to enable their business solutions to incorporate content from external systems. The integration with Venetica will allow Hummingbird users to integrate Hummingbird business solutions with third-party content management systems, enabling a real-time virtual view of content from within their business applications. Venetica's VeniceBridge enables users to work with content managed by multiple, disparate sources as if it were stored in one unified system. Users can access multiple repositories from a single interface, offering the ability to have a simultaneous interactive session with multiple content repositories. Hummingbird's business solutions provide value-added capabilities to the Hummingbird Enterprise(TM) 2004 suite extending its functionality to solve specific line-of-business problems such as streamlining the contract management process or helping organizations meet compliance regulations. With VeniceBridge, Hummingbird will provide its customers with an integration platform that connects Hummingbird solutions with their existing content management systems, providing the capability to either access content in place or move selected information to a specific Hummingbird business-focused repository. "Hummingbird is pleased to partner with Venetica to bring our clients the ability to create a virtual repository, providing ubiquitous access to a multiple content management environment," said Andrew Pery, chief marketing officer and senior vice president, Hummingbird Ltd. "Enterprises have typically developed their content management capabilities through a series of departmental implementations, often on different platforms. Hummingbird understands the need to retain this investment while implementing solutions to solve the organization's business problems. The VeniceBridge integration provides organizations with the ability to integrate business specific solutions with their existing content management environment." Business processes such as contract management inherently involve multiple stakeholder, multi-faceted business, financial and legal requirements, and an overall relationship lifecycle. An ECI platform reduces the time and cost associated with contract management by providing access to the distributed information relevant to establishing and maintaining a business relationship. This information is often owned by different business groups such as corporate development, procurement, legal, line of business and finance, and may be stored in disparate systems across the enterprise. Together with Venetica, Hummingbird can now enable companies to deploy applications that span different content, image and report management systems to expedite and improve the complex contract management process. As part of the announcement, Venetica will create a Content Bridge to Hummingbird Enterprise 2004 - DM, so customers can incorporate Hummingbird- stored content into applications built upon the VeniceBridge platform. "Solutions such as contract management and compliance, by their very nature, involve multiple departments and often multiple systems," said Eric Sall, vice president of marketing, Venetica. "By leveraging Venetica technology, Hummingbird is providing solutions that address the full breadth of customer needs." Venetica provides customers with a single interface to content across disparate environments. Unlike other offerings that create copies of documents and meta-data, Venetica solutions provide a real-time virtual view of content and workflow in place. Venetica's approach exposes the full, two-way functionality of underlying content management and workflow systems, respects the security of those systems and adds cross-system services such as event-based notification. Venetica provides tools to easily develop enterprise applications that connect to any content system, and out-of-the-box bridges to market leading systems. For more information about the Venetica and Hummingbird content integration offering, please visit Venetica at Booth No. 518 at Summit 2004. About Venetica Venetica is the leading provider of enterprise content integration (ECI) software. The company's flagship product, VeniceBridge(R), enables multiple, disparate content repositories to work as a single unified system. By providing a real-time, virtual interface to enterprise content and business processes, Venetica helps companies reduce the cost and complexity of business critical initiatives such as improving customer services, complying with regulations and consolidating operations following a merger. Venetica partners with leading software vendors and system integrators in North America, Europe and the Asia-Pacific region to deliver solutions around the world. For more information, please visit http://www.venetica.com. About Hummingbird Enterprise(TM) Hummingbird Enterprise provides an integrated platform for enterprise content management that provides global organizations with solutions to manage business interaction information such as documents, records, virtual deal room exchanges, discussions, email or financial data - linking business processes, information and people. Our solutions are designed as modular applications that are fully interoperable with each other, enabling our customers to incrementally build an enterprise content management solution to meet their evolving information needs in a cost effective manner. About Hummingbird Hummingbird Ltd. (NASDAQ: HUMC, TSX: HUM) is a leading global provider of enterprise software solutions. Our enterprise content management (ECM) solutions enable organizations to manage the lifecycle of enterprise content from creation to disposition. Hummingbird Enterprise solutions enable organizations to address critical business needs, such as information management, business continuity, compliance and risk mitigation. Founded in 1984, Hummingbird employs 1450 people and serves more than 33,000 customers, including 90% of Fortune 100. Hummingbird solutions are sold directly from 40 offices worldwide and through our Alliance Network of partners and resellers. For more information, visit http://www.hummingbird.com Forward-looking statements in this press release, including statements relating to the Company's capital structure, future sales growth, profitability, competitive position and release of new products are made pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are subject to risks and uncertainties that may cause future results to differ materially from those expected. Such risks include, but are not limited to: the Company's ability to secure underwriting support and attract investors to its stock; the Company's ability to introduce new products in a timely manner and its ability to generate demand for, and gain market acceptance of, those products in an intensely competitive marketplace, where many of its competitors have substantially greater resources than the Company; the Company's ability to maintain revenue growth at current levels or anticipate a decline in revenue from any of its products; the Company's ability to reduce its costs to the extent required to maintain profitability should revenue decline; the Company's ability to hire, train, and retain highly qualified personnel; the Company's reliance on third party distribution channels as part of its sales and marketing strategy; and other risks detailed in the Company's various securities filings with the Securities and Exchange Commission and Canadian securities regulators. 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