.NET Reporting Enables Global Control of IT Assets; ManageSoft 6.0 -- Available Now -- Pioneers Use Of .NET For Software Management.

Business Editors/High Tech Writers

NASHUA, N.H.--(BUSINESS WIRE)--Feb. 12, 2002

ManageSoft Corporation, a world leader in corporate software management solutions, today announced the immediate availability of a pioneering .NET reporting solution to track the status and location of software assets throughout a large organization.

This powerful reporting functionality offers significant savings for large corporations through efficient software and hardware inventory management, up-to-the-minute monitoring of software license utilization, and graphical progress reports for business critical software roll-outs.

This detailed reporting is made available through the world's first corporate software warehouse, a core element of ManageSoft 6.0 (shipping now). The software warehouse provides full-lifecycle control of software assets throughout a large organization, and enables centralized control of software distribution from the software warehouse to computing devices anywhere in the world. Graphical reporting in the software warehouse combines at-a-glance company summaries with rapid drill down through separate business unit summaries to information on individual users and computers. This powerful reporting enables dramatic IT cost reductions for large organizations through:

-- Efficient software license management (with software inventory discovery,
license breach alerts, and easy reallocation of existing licenses across
multiple business units)

-- Reduced help desk and support costs (with up-to-the-minute access to
detailed configuration data for individual users and computers, and active
monitoring of software rollouts)

-- Improved IT hardware asset management (with automatic hardware inventory
discovery, detailed business unit summaries for easy charge-back of IT costs,
and tracking of mobile assets to reduce inventory shrinkage)

In the software warehouse, business managers can select reports most relevant to their work and add them to a personalized executive dashboard that can be floated on their computer desktop. .NET technology regularly updates the graphics in the executive dashboard across corporate networks or the Internet

with the latest information from the ManageSoft software warehouse. ManageSoft Corporation, a Microsoft Gold Certified Partner, is the first software management vendor to utilize this next generation Microsoft technology.

"The use of Microsoft .NET in ManageSoft 6.0 is an excellent example of the real business value that can be delivered with this exciting new technology," said Graeme Greenhill, president of ManageSoft Corporation. "This powerful software management solution can follow the travelling executive. ManageSoft reports use Microsoft .NET technology to give executives 24x7 access to business critical information on key performance indicators and compliance with service level agreements."

"ManageSoft excels in extracting and presenting information on software assets to support business objectives, streamline IT service delivery, and dramatically reduce business IT costs," Greenhill continued. "ManageSoft 6.0 provides immediate access to inventory, status, and licensing information for management teams that in the past have often been unable to access this business critical data in time-efficient and cost-efficient ways."

ManageSoft 6.0 is available now from ManageSoft Corporation and a range of Accredited ManageSoft Partners including Siemens Business Services, Intrinsic Technologies, BV Solutions Group, and Computer Resource Visions (an authorized US federal government supplier: GSA GS-35F-0637K).

For more information see: http://www.managesoft.com/products/studies/reporting.xml.

About ManageSoft Corporation

ManageSoft delivers a powerful automated software management solution for large organizations, with the world's first software warehouse. ManageSoft cuts corporate IT costs through best-practice management of software assets (based on ITIL/MOF standards), and delivers competitive advantage with centralized control of software distribution from the software warehouse to fixed and mobile computers around the globe. ManageSoft Corporation, a Microsoft Gold Certified Partner, is also a global partner of Siemens Business Services. Founded in 1990, ManageSoft has offices across North America, Europe and Australia, with corporate customers including Merrill Lynch, ANZ Bank, Dresdner Bank, Siemens, Texas Instruments, Wells Fargo, and World Bank. For more information see http://www.managesoft.com

Note to editors: ManageSoft Corporation was previously known as Open Software Associates. Our new name reflects our established leadership in software management. Previous versions of ManageSoft were known as NETDEPLOY GLOBAL. ManageSoft, OSA and NETDEPLOY GLOBAL are trademarks or registered trademarks of ManageSoft Corporation. All other trademarks are the property of their respective owners. Information in this press release is accurate at the time of release. However, product specifications and availability, promotions, prices, relationships, contact numbers and other specific information may change over time. Some information about product pricing and availability may be limited to specific geographic areas and may differ in other areas. Information as stated in the release may or may not be in effect after the date on the release. In addition, the press release may contain statements that are forward-looking. These statements are based on current expectations as of the date of the release. Actual results may differ materially from those projected because of a number of risks and uncertainties.