`Performance and Scalability' Software Developer KevSoft Announces Series A Funding.

Business Editors/High-Tech Writers

ALPHARETTA, Ga.--(BUSINESS WIRE)--Aug. 22, 2002

Receives $1.0 Million in Series A Round From Southeastern

Technology Fund to Deliver New Generation of Fully Automated 

Performance and Scalability Solutions

Performance and scalability software developer KevSoft Corporation today announced that is has received Series A funding from Southeastern Technology (SET) Fund, a venture capital firm that teams with talented entrepreneurs to build industry-leading technology companies located primarily in the Southeast.

KevSoft offers a new category of performance management software tools that improve the performance and scalability of Windows-based application servers and desktops. Its first product, TScale, targets servers running Citrix(R) MetaFrame and Microsoft(R) Terminal Services. By optimizing a server's use of virtual memory, TScale allows customers to immediately increase the number of users per server an average of 33%, avoiding the costs of buying additional servers. "TScale's economic value proposition is simple and compelling," said Bernd Harzog, CEO of KevSoft. "We allow our customers to rapidly increase the capacity of their existing servers at a price that delivers an instant ROI of more than 400% compared to the alternative of making additional hardware purchases."

"Southeastern Technology Fund's investment was based on KevSoft's proven ability to deliver innovative software solutions that provide customers with rapid and substantial cost savings," said Mark Dunkel, Managing Partner of Southeastern Technology Fund. "With a large, growing customer base and significant interest from channel partners, TScale provides KevSoft with a strong platform on which to extend its unique 'find it, fix it, report it' methodology to other categories of servers outside of its initial target niche."

The Series A round of funding will be used to help market the company's products and to extend the company's product line. Both Mark Dunkel and Ramsay Battin, a Principal at Southeastern Technology Fund, will join KevSoft's Board of Directors.

Since launching the product in October, 2001, KevSoft has equipped over 45 customers with TScale, increasing the capacity of their server farms. "We have found TScale to be one of those unique products that delivers instant, quantifiable cost savings and which doesn't require human intervention or any post-installation baby-sitting," says Jeff Malczewski, IS Manager at NAFS/SITEL. "A small investment in TScale eliminated the need to purchase over $30,000 worth of server hardware. We are now running it on 11 servers and will continue to use it for all of our facilities, both existing and new. It is the single best product I have worked with!"

About KevSoft Corporation

Founded in 2001 by Kevin Goodman, a recognized expert in Windows Applications performance and scalability, KevSoft is pioneering a new category of performance management tools that automatically, continuously and autonomously improve the capacity and scalability of Windows based applications servers and desktops. Based in Alpharetta, Georgia, KevSoft's products are used in a wide variety of industries, including financial management, manufacturing, healthcare, telecommunications, and government.