VIGND Vignette (MM)

Vignette Corp. (Nasdaq:VIGND) today announced that the State of Connecticut's Retirement and Benefits Services Division (RBSD) selected Vignette(R) IDM to transform its document and records management practices and better help manage assets of $37 billion and the administration of retirement benefits for the 85,000 Connecticut state employees. Prior to deploying Vignette document management, the tasks involved with storing, managing and retrieving hundreds of thousands of state employee records were beginning to overwhelm RBSD's limited IT staff resources. In choosing Vignette, the State of Connecticut now has a flexible technology system that can handle existing records as well as efficiently store newly created information. As the State employs more people and the number of pensions under management grows, an increased volume of paper records is placing greater demand on the storing, managing and retrieval of hundreds of thousands of records. To combat this increased activity, RBSD needed a flexible technology solution that could handle the processing of existing records and efficiently store newly created information. For many years it had used a microfiche system to capture and store all retirement records and recognized that replacing the outdated system, which frequently broke down and was no longer supported by its original vendor, was a necessity in order to allow the division to operate more efficiently. With Vignette, RBSD now can effectively ease the burden of processing the capture, retrieval and storage of information and transactions by automating its expensive and inefficient manual business processes. Shortly after deployment nearly all microfiche records were converted to the new system. All new incoming paperwork, from an applicant's forms to changes in marital status or beneficiaries is now immediately captured in the employee's individual retirement case folder and stored in the Vignette system. Integrating with its existing image-enabled mainframe, RBSD can create electronic records for the tracking of retirement purchases, refunds and bi-weekly balancing of the state's payroll and accounting systems. The seamless integration with the mainframe allows for ease of use with virtually no employee re-training needed. The records of nearly all active state employees have already been converted, and RBSD is making steady progress toward converting roughly 300,000 microfiche files pertaining to former employees. "The ability to access our records electronically has transformed the way we operate and the time savings alone will justify the investment. We attribute part of this success to the relationship RBSD has grown to rely upon with Vignette. They are a valued partner that will continue to grow with us as we grow our business," said David Wemett, technical analyst with the State of Connecticut RBSD. "This project has been so successful that the state employees are happy to demonstrate the system to other agencies and organizations. That's completely unheard of in state government." The Vignette solution also integrates with the mainframe to validate each member's identification number and auto-fill additional indexing information to the document repository, while using scanning technology to convert microfiche to images. This results in savings of time and increased business productivity. "The State of Connecticut's Retirement and Benefits Services Division is forward-thinking in its ability to recognize the power of moving from traditional paper-based processes to a secure document management system that allows it to more efficiently manage increased amounts of information and provide higher levels of customer service without having to add incremental staff," said Chuck Neal, senior vice president of worldwide sales and distribution at Vignette. "The fact that RBSD was able to get up-and-running in six weeks speaks to the ability of Vignette document management solutions to make almost immediate positive impact on a business." About State of Connecticut Retirement and Benefits Services Division The State of Connecticut's Retirement and Benefits Services Division manages assets of $37 billion and administers the retirement benefits for 85,000 Connecticut state employees. As the agent of the State Employees Retirement Commission, the RBSD administers all state pension plans except the Teachers Retirement System, and provides a comprehensive package of services ranging from pre-retirement counseling to post-mortem accounting. The RBSD also administers state employee benefits and manages the state deferred compensation plan. More specifically, it provides direction for plan design, benefit administration and interpretation, and policy for all state insurance benefits including medical, surgical, hospital and life insurance. About Vignette Vignette's software and expertise help organizations harness the power of information and the Web for measurable improvements in business efficiency. As the efficiency experts, Vignette (Nasdaq:VIGND) helps organizations increase productivity, reduce costs, improve user experiences and manage risk. Vignette's intranet, extranet and Internet solutions incorporate portal, integration, enterprise content management and collaboration capabilities that can rapidly deliver unique advantages through an open, scalable, and adaptable architecture that integrates with legacy systems. Vignette is headquartered in Austin, Texas, with local operations worldwide. Visit http://www.vignette.com to see how Vignette customers achieve measurable improvements in business efficiency and to find out why more companies prefer Vignette. FORWARD-LOOKING STATEMENTS The statements contained in this press release that are not purely historical are forward-looking statements including statements regarding the Company's expectations, beliefs, hopes, intentions or strategies regarding the future. Forward-looking statements include statements regarding Vignette's products, future sales, market growth and competition. All forward-looking statements included in this press release are based upon information available to the Company as of the date hereof, and the Company assumes no obligation to update any such forward-looking statement. Actual results could differ materially from the Company's current expectations. Factors that could cause or contribute to such differences include, but are not limited to, Future Losses, Limited Operating History, Fluctuation of Quarterly Revenues and Operating Results, Acquisition Integration, Competition, Dependence on a Small Number of Large Orders, Lengthy Sales Cycle and Product Implementation, Market Awareness of Our Product, Rapid Changes in Technology and New Products, and other factors and risks discussed in the Company's reports filed from time to time with the Securities and Exchange Commission. Vignette, the V logo, e:fficiency and e:fficiency experts are trademarks or registered trademarks of Vignette Corp. in the United States and other countries. All other names are the trademarks or registered trademarks of their respective owners. NOTE TO EDITORS: In the terms "e:fficiency" and "e:fficiency experts," the "f's" are italicized. The font was changed for transmission purposes only.