Barrack Rodos Files Suit Against New Era of Networks, Inc. and Its Officers and Directors Alleging Misrepresentations.

PHILADELPHIA--(BUSINESS WIRE)--July 28, 1999--

Counsel for Class Plaintiff, Barrack, Rodos & Bacine, today issued the following:

A class action has been commenced in the United States District Court for the District of Colorado on behalf of all persons who purchased the common stock of New Era of Networks, Inc. (NASDAQ: NEON) ("New Era" or the "Company") between October 29, 1998 and July 7, 1999, inclusive (the "Class Period").

The plaintiff seeks to recover damages on behalf of all purchasers of New Era common stock during the Class Period. He is represented by the law firm of Barrack, Rodos & Bacine, which has extensive experience in prosecuting investor class actions involving financial fraud.

Barrack, Rodos & Bacine has prosecuted securities, antitrust and consumer class actions for over 20 years. The firm has offices in Philadelphia, San Diego, New York, Boston and New Jersey and has been designated lead counsel by federal and state courts across the country in large, complex cases.

For more information about Barrack, Rodos & Bacine, please vis if you so choose. In order to serve as lead plct:

Maxine S. Goldman, Shareholder Relations Manager

Barrack, Rodos & Bacine,

Counsel for Class Plaintiff

3300 Two Commerce Square 2001 Market Street

Philadelphia, PA 19103

800-417-7305 or 215-963-0600

fax number 888-417-7306 or 215-963-0838

e-mail at [e-mail]