IONA Technologies to Address Shareholders at 2005 Annual General Meeting

IONA(R) Technologies (NASDAQ: IONA), a world leader in high-performance integration solutions for mission-critical IT environments, will host its Annual General Meeting of shareholders at the Berkeley Court Hotel, Dublin, Ireland at 3:00pm local time (10:00am Boston time) on August 25, 2005. Chairman of the Board of Directors, Kevin Melia, will preside over the official proceedings, and then chief executive officer Peter Zotto will give a presentation describing the company's progress in the rapidly growing service oriented architecture (SOA) market.

The Meeting and Mr. Zotto's presentation will be audio Webcast live so that shareholders worldwide can listen to the proceedings. The Webcast will be available through the investor section of the IONA Web site at www.iona.com/investors. Following the conclusion of the meeting, a rebroadcast will be available at IONA's Web site until Thursday, September 1, 2005.

About IONA

For more than a decade, IONA(R) Technologies (NASDAQ: IONA) has been a world leader in delivering high-performance integration solutions for Global 2000 IT environments. IONA pioneered standards-based integration with its CORBA-based Orbix(R) products. Artix(TM), IONA's extensible Enterprise Service Bus, enables existing enterprise systems to be integrated with an organization's common infrastructure components. IONA's sponsorship of the ObjectWeb Celtix open source ESB is a natural extension of the company's history of solving integration problems by leveraging open standards and distributed architectures.

IONA is headquartered in Dublin, Ireland, with U.S. headquarters in Waltham, Massachusetts and offices worldwide. For additional information about IONA, visit our Web site at http://www.iona.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including plans and objectives of management, expectations regarding future financial performance, market positioning, growth, demand and opportunity. The forward-looking statements made are neither promises nor guarantees and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated or indicated, including risks and uncertainties relating to timing and seasonal patterns of product sales, the launch of IONA's integration software; growth in market demand for Web services and integration; IONA's sales model; volume; impact of competitive products and pricing; development, launch and market acceptance of new and improved products; IONA's cost reduction efforts and cash balance; the integration of any future acquisitions; undetected errors in software; and general economic conditions, including their effect on the acquisition of new accounts and the time required to close sales transactions. For a more detailed discussion of the risks and uncertainties, please refer to our most recent Annual Report on Form 20-F and other periodic reports and registration statements filed with the Securities and Exchange Commission. You should not place undue reliance on any such forward-looking statements in this press release, which are current only as of the date when made. You should not expect that these forward-looking statements will be updated or supplemented as a result of changing circumstances or otherwise, and IONA disavows and disclaims any obligation to do so.

IONA, IONA Technologies, the IONA logo, Orbix, Artix, and Making Software Work Together are trademarks or registered trademarks of IONA Technologies PLC and/or its subsidiaries. CORBA is a trademark or registered trademark of the Object Management Group, Inc. in the United States and other countries. All other trademarks that may appear herein are the property of their respective owners.

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