Siemens Signs on as First Global Corporate Customer for Connexion by Boeing In-Flight Internet Service
200,000 Siemens Employees Can Choose Internet Access on Airplanes Equipped with Real-Time High-Speed Service

Siemens AG has signed a breakthrough agreement with Connexion by Boeing, a division of The Boeing Company (NYSE: BA), to become its first global customer for real-time high-speed in-flight Internet services giving 200,000 traveling Siemens employees the choice to remain "connected" in the air.

"Siemens is a global company with more than half of its 417,000 employees traveling throughout the world each year. We are always looking for ways to enhance their experience on the road and the Connexion by Boeing service is going to be a great benefit that makes their travel time more productive and more enjoyable," said Lutz Stammnitz, head of Corporate Mobility Services for Siemens AG.

"As we continue to make the Connexion by Boeing service available on more airlines and routes, Siemens employees will be able to stay connected to what's important to them and to what's needed to do their job while traversing North America, the Atlantic Ocean, Europe and across Asia all the way to the Far East," said Boeing's David Friedman, vice president of Marketing and Direct Sales. "We are delighted that Siemens is joining the ranks of our existing corporate customers and we look forward to enabling them to use their travel time more effectively. Siemens is joining our service at a time when corporations can still benefit from securing special promotions for their employees."

By using the Connexion by Boeing service on board the already-equipped Lufthansa aircraft, Siemens employees are now able to connect real-time to their corporate virtual private network, send and receive emails with attachments, surf the entire Internet and entertain themselves while in the air. As other Connexion by Boeing airline customers roll the service out on their long-haul fleets, more routes and flights will be available to Siemens' employees worldwide.

About Siemens

Siemens AG (NYSE:SI) is one of the world's largest global electronics and engineering company with reported worldwide sales of $80.5 billion in fiscal 2003. Founded more than 150 years ago, the company is a leader in the areas of Information and Communications, Automation and Control, Power, Transportation, Medical and Lighting. With its global headquarters in Munich , Siemens AG and its subsidiaries employ 417,000 people in 192 countries. For more information, visit the Siemens web site.

About Connexion by Boeing

Connexion by Boeing, recipient of the 2003 World Travel Award for World's Leading High-Speed In-flight Internet Services Provider, brings high-speed Internet, data and entertainment connectivity to travelers via a broadband connection to the aircraft. Connexion by Boeing has definitive agreements with Lufthansa, Scandinavian Airlines System, Japan Airlines, ANA and Kingdom Holding Co. to equip their long-haul aircraft with the service. In addition, Singapore Airlines, China Airlines and Korean Air have announced their intent to install the Connexion by Boeing system on their long-range aircraft. Connexion by Boeing also offers a high-speed connectivity solution for the business aviation and maritime markets. For more information or to subscribe to the Connexion by Boeing e-newsletter, please visit the Connexion by Boeing web site.

Forward-Looking Information is Subject to Risk and Uncertainty

Some of the statements in this news release constitute "forward-looking statements" that do not directly or exclusively relate to historical facts. These forward-looking statements reflect our intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors, many of which are outside our control. Important factors that could cause actual results to differ materially from the expectations expressed or implied in the forward-looking statements include known and unknown risks. Because actual results could differ materially from our intentions, plans, expectations, assumptions and beliefs about the future, you are urged to view all forward-looking statements contained in this news release with caution.

For further information:
Elissaveta Ivanova
Connexion by Boeing
Terrance Scott
Connexion by Boeing
Paula S. Davis