Englewood, Colo., June 5, 2000 – Pine Cone Systems, Inc., a leading provider of data warehousing administration and management software solutions, announced that the company is changing its name to Ambeo, Inc. Ambeo is a Gaelic phrase that translates roughly to "living in the moment," or real time.

"Ambeo reflects the company's new focus and its ability to reach the new evolving markets of e-commerce, intranets and portals as well as our traditional data warehouse and business intelligence markets," said Dennis McCann, president and CEO of Ambeo, Inc. "Anyone doing business on the Web knows that performance is key to keeping customers from leaving their Web site."

For more information, please visit www.ambeo.com.

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