This website makes no guarantees as to the accuracy of pre-announcement coverage ;).  I'll be happy to provide not-for-publication answers/comments later in the day....
Reuters:

IBM said on Monday it will launch software for running applications over far-flung networks and devices, its latest attempt to ease the grip of Microsoft Corp.'s Office on desktop business software....."What IBM is proposing is, it might be easier and cheaper and better to provide at least some users with software that is managed from a server instead of being managed at the desktop," said Amy Wohl, president of Wohl Associates."
New York Times (much longer article, quite accurate):
The Workplace desktop, I.B.M. says, promises to deliver improved security and cost savings of up to 50 percent over the Microsoft desktop suites. Since central control resides in the server software, I.B.M. says, it is easier to manage changes and updates, and eliminates the possibility of a desktop computer user inadvertently spreading a computer virus.
... "The same environment that runs on Windows can run on Linux," said Steven A. Mills, I.B.M.'s senior vice president for the software group. "The operating system doesn't matter."  The Workplace software will first be available for Windows and Linux, a variant of Unix that is distributed free. A version for the Apple Macintosh will be released later this year.
BusinessWeek Online: (also nice depth, accuracy):
On Monday, May 10, Big Blue is set to roll out a major new advance in its software strategy -- an integrated group of products called IBM Workplace. The strategy weaves together e-mail, collaboration software, IBM's Web portal, a small database, software for working on Web applications offline, and desktop-productivity applications including word processor, spreadsheet, and presentation manager. It's aimed not at individual consumers but at corporations.  "This is among the most important announcements we have made," says Steve Mills, general manager of IBM's software group. "It really completes a picture for customers. They can see an open platform for end-to-end computing needs."... "This is about reinventing the office. Microsoft will have to see this as a real threat," says Amy Wohl, president of Wohl Associates, a tech consulting firm, who was briefed in advance by IBM. Microsoft could not comment on the IBM move because it didn't know the details prior to the May 10 announcement.
(thanks for last two links to Peter O'Kelly)

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