Baan Company Acquires Proloq Holding B.V. / Strategic

Acquisition of Leading Primary Metals, Cable & Wire and Pulp &Paper Industries Application Vendor Barneveld, The Netherlands and Herndon, Va. (PROTEXT) - BaanCompany N.V. (Amsterdam: BAAN; Nasdaq: BAANF), a leading globalsupplier of enterprise applications, today announced that it hassigned an agreement to acquire Proloq Holding B.V., a leader inindustry specific software for Primary Metals, Cable & Wire andPulp & Paper Industries. The acquisition of Proloq makes itpossible for Baan Company to further expand its market positionin these industries. Upon completion of the acquisition, Proloq Holding B.V. willbecome a wholly-owned subsidiary of Baan Company N.V. Thetransaction is subject to customary closing conditions and wassigned today, August 31, 1999. Other terms of the agreement werenot disclosed. Proloq develops, markets, and supports add-onmodules which are based on Baan's development technology andfully integrated in Baan's ERP software. These modules enableBaan to meet the specific needs of the Primary Metals, Cable &Wire and Pulp & Paper Industries. "This is another step forward within our new strategy to focuson specific lines of business. I strongly believe that by addingProloq's unique expertise to Baan, we will become one of thepremier solution providers in the Primary Metals and Pulp & Papermarket," said Mary Coleman, CEO of Baan Company. "Our cooperationhas already proven to be successful in customer wins such asUSINOR, British Steel Distribution and Avesta Sheffield." Proloq is a company with extensive experience in managingdimensions and specifications with the ability to support non-SKU-based (Stock Keeping Unit) operations. Proloq gives Baan theability to manage multiple characteristics, such as width,thickness, grade, surface finish, packing, and scrappingrequirements. "Baan Company has been a valuable partner of Proloq for manyyears. I am very excited about this new opportunity to join ourforces, because it confirms our vision on the target marketswhich we have developed over the past years. This will definitelyenable us to better serve both our joint target markets andcombined customer base," said Peter Gelderblom, President andCEO, Proloq Holding B.V. "Proloq has extensive experience in thePrimary Metals, Cable & Wire and Pulp & Paper industries. Bycombining our knowledge of the industry specific requirements forEnterprise Resource Planning systems and Baan's power topenetrate these markets, we will be able to continue andstrengthen our focus," added Peter Gelderblom. About Proloq Holding B.V. Proloq was founded in 1990 as a company offering managementand TRITON consultancy and customization services. After 4 yearsthe decision was made to focus on the development of standardadd-on modules for Baan, which has resulted in successfulsolutions for Primary Metals and Cable & Wire Industries.Recently, a solution for the Pulp & Paper Industry was introducedas well. As a Baan Software Development Partner, Proloq maintainsa close relationship with Baan regarding training, developmentand support. For sales and distribution, Proloq avails itself ofBean's worldwide channels. Current customers of Proloq includeUSINOR, British Steel Distribution, Avesta Sheffield, MaksteelInc., BICC Cables, ABB Norsk Kabel, Huber+Suhner AG, NKF Kabel,and Papier und Kartonfabrik Varel GmbH & Co. Proloq employs 71 people, is headquartered in Veenendaal, TheNetherlands and can be found on the World Wide Web atwww.proloq.com. About Baan Company Founded in 1978, Baan Company (Amsterdam: BAAN; Nasdaq: BAANF)is a leading global provider of enterprise business software.Baan Company offers a comprehensive portfolio of best-in-class,component-based applications for front office, corporate office,and back office automation. These applications are in use atapproximately 13,000 customer sites worldwide. Baan Companyproducts reduce complexity, improve core business processes, arefast to implement and use, are flexible in adapting to businesschanges, and optimize the management of information throughoutthe entire value chain. Baan Company has dual headquarters in Barneveld, TheNetherlands and Herndon, Virginia, USA and can be found on theWorld Wide Web at www.baan.com. Statements in this press release using the words "believes,""expects," "anticipates," and the like are forward-lookingstatements within the meaning of the Securities Exchange Act of1934, as amended, and as such are subject to a number of risksand uncertainties that could significantly affect outcomes.Actual outcomes, therefore, may differ materially from theexpectations, estimates, or assumptions expressed in or impliedby any such statements. Typical risks and uncertainties may bereviewed in the Baan Company's public filings on file with theU.S. Securities and Exchange Commission (including its mostrecent Form 20-F and 6-K). "Baan" is a registered trademark of Baan Company, and anytrade, product, or service name referenced in this release usingthe name "Baan" is a trademark and/or property of Baan Company.All other company, product, and service names may be trademarksof their respective owners. ots Original Text Service: BaanCompany Internet: http://www.newsaktuell.de Contact: RonaldFlorisson Vice President of Corporate Communications of BaanCompany 31 0 342 428786 or e-mail: rfloriss@baan.nl Web site:http://www.proloq.com Web site: http://www.baan.com

Subscribers please note that material bearing the slug"PROTEXT" is not part of CTK's news service and is not to bepublished under the "CTK" slug. Protext is a commercial serviceproviding distribution of press releases from clients, who areidentified in the text of Protext reports and who bear fullresponsibility for their contents.

PROTEXT