Exhibit 99.1

    BROKAT(R) SHAREHOLDERS GRANT APPROVAL FOR THE BOARD OF MANAGEMENT'S ACT

                 SHAREHOLDERS' MEETING APPROVES ALL RESOLUTIONS

Stuttgart (June 21, 2001) - Brokat Technologies (Nasdaq: BROA, Neuer Market:
BRJ), a global leader in software that enables user-centric business, announced
results of its shareholder meeting held today in Stuttgart, Germany. At the
meeting the shareholders ratified the actions of the Brokat Board of Management
and the Supervisory Board. All proposed resolutions were also approved. The
shareholders authorized the Board of Management to raise additional approved
capital in the total amount of 18.6 million euro. The shareholders' meeting also
authorized the Board of Management to issue convertible bonds and convertible
debenture stock. Moreover, the shareholders' meeting approved the extension of
the authorization to buy or sell own stock.

In compliance with paragraph 92 of the German Corporation Law, the Brokat Board
of Management duly informed the shareholders' meeting of the reasons for the
loss of half of the company's share capital. This loss is a result of the
revaluation of several subsidiaries and investments in Brokat's financial
statement. The revaluations only refer to the unconsolidated financial statement
of the public corporation (AG) according to German HGB regulations and do not
affect the company's cash performance.

The more than 800 attending shareholders also decided to change the company name
to Brokat Technologies AG. At the annual meeting, Brokat also announced that the
company will consolidate its business into three independent business units. The
goal is to restructure the entire company for profitable growth. In addition to
a mobile business software unit, Brokat includes a financial software unit and a
unit for rules management technology software. Advantages of this flexible
corporate organization include improved management and control.

"Considering the weaker market environment which is characterized by a lower
inclination to invest and longer sales cycles, the entire industry is facing new
challenges," said Stefan Roever, chief executive officer of Brokat, at the
annual meeting. "We have launched a program to preserve our cash assets and are
planning to restructure the company," Roever added.

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of
the U.S. Private Securities Litigation Reform Act of 1995, such as statements
relating to the issuance of securities, the purchasing of or selling own stock,
organization of new business units, business and revenue growth, product
development, improved management and control and strategic focus. These forward-
looking statements are subject to risks, uncertainties and other factors that
could cause actual results to differ materially from future results expressed or
implied by such forward-looking statements. Potential risks and uncertainties
include, but are not limited to, the company's history of operating losses and
its cash position, the company's ability to implement its cost-reduction program
effectively, general economic





conditions, customer demand for the company's products and services under
current economic conditions, competition in the m-commerce industry,
fluctuations in quarterly operating results, and other risks and uncertainties.
Additional information on these and other risks and uncertainties related to the
forward-looking statements is included in the "Forward Looking Statements and
Risk Factors" section of Brokat's annual report on Form 20-F for the 2000 fiscal
year filed with the SEC on June 20, 2001. The forward-looking statements in this
press release are based on management's reasonable beliefs as of the date of
this release, and Brokat assumes no obligation to update them to reflect
subsequent information or events.

About Brokat
Brokat Technologies (Nasdaq: BROA, Neuer Markt: BRJ) is a global leader in
software that enables user-centric business.  Brokat's product families - multi-
channel infrastructure software, rules management and personalization
technology, mobile payment software, and e-finance applications - are used by
over 3,500 enterprises worldwide including ABN Amro, Allianz, Axa Insurance,
Bank of America, Blue Martini Software, Charter One, DaimlerChrysler, DBS Bank,
IBM Corporation, LBBW, MasterCard International, Metavante, Nationwide
Insurance, NCR, SE-Banken, Sun Microsystems, Swiss Post Office, T-Motion (a
subsidiary of Deutsche Telekom), Toyota, Vodafone, and Workscape. Select global
partners include Blue Martini Software, Compaq, Hewlett Packard, Intel, IBM,
Siemens, and Sun Microsystems.  With dual headquarters in San Jose, California
and Stuttgart, Germany, Brokat employs over 1,100 people in 16 countries.
Information on Brokat and its products is available at www.brokat.com.


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Brokat is a registered trademark, and Brokat Technologies and the Brokat
Technologies logo are trademarks of Brokat AG or its subsidiaries in the United
States and other countries.  Other names are trademarks or registered trademarks
of their respective companies.