BindView Readies New Microsoft Exchange Solution; bv-Control for Microsoft Exchange Wins Rave Reviews.

ATLANTA--(BUSINESS WIRE)--Oct. 4, 1999--

With rave reviews from early preview sites, BindView Development Corporation (NASDAQ:BVEW), a leading supplier of IT risk management solutions, today demonstrated the company's new bv-Control for Microsoft Exchange. The product extends the family of BindView's award-winning bv-Control products into the large electronic mail application market by offering the most comprehensive management solution for Microsoft Exchange environments.

Leveraging the easy to use Microsoft Management Console (MMC), bv-Control for Microsoft Exchange focuses on the management of three key areas: configuration, security and availability. First, the solution provides detailed configuration information of the Exchange environment including versions of Exchange Server, service packs, and hot fixes. It also reports on the security of various items in the information store such as rights to private and public folders as well as monitoring users adherence to corporate e-mail retention policies. In addition, bv-Control provides real time, continuous performance monitoring to improve end-user response time and availability of Microsoft Exchange services to corporate end users. Finally, the product notifies administrators when critical problems arise, delivering details on mail queues, the MTA service, and other issues vital to ensuring that Microsoft Exchange meets the organization's business objectives.

Preliminary customer feedback indicates bv-Control for Microsoft Exchange provides a long-awaited, out-of-the-box solution for helping organizations gain control of their Microsoft Exchange environment. "BindView's bv-Control for Microsoft Exchange will ease administration of the Exchange environment, making troubleshooting faster and more convenient with its automated processes," said Jeff Baugus, Exchange administrator of Litton/PRC, an early tester of the product. "Time consuming tasks such as reporting on Directory and Public Folder attributes will take significantly less time and allow us to allocate precious resources to more strategic tasks within the organization. We look forward to implementing bv-Control in our company."

Litton/PRC played an integral role in the development of this new solution by participating in a customer counsel specifically created to contribute to the design of bv-Control for Microsoft Exchange. The counsel of 10 executives and administrators included firms such as Compaq, Litton/PRC, Lyondell-Citgo, Pagenet, and US Patent and Trademark Office. The role of the customer council underscores BindView's philosophy of developing solutions based on consumer demand.

"We are pleased to see BindView delivering a comprehensive solution for managing the Exchange environment," said Dave Malcolm, group product manager for Exchange Server at Microsoft. "Our customers are asking for real-time, proactive solutions and BindView is geared to provide them with an answer to their needs. bv-Control for Microsoft Exchange combines the right configuration, security and performance to best manage Exchange."

Combining query-based technology for ad hoc reporting with distributed monitoring technology for real-time alerts and response, bv-Control for Microsoft Exchange offers a comprehensive approach for managing the Exchange environment. Customers can easily report on Exchange Server configuration and are offered quick notification and alerts when problems arise. Additional key features that bv-Control for Microsoft Exchange delivers across an entire Exchange organization include:

-- Detailed documentation of Microsoft Exchange including configuration of mailboxes and public folders, disk space utilization and security properties

-- Easy movement of mailboxes between Exchange sites

-- Thorough reporting on Exchange Server traffic for capacity planning purposes

-- Continuous monitoring of Microsoft Exchange services, event logs and performance counters

-- Alerting via e-mail, pager, console or network broadcast for quick identification of server errors

Pricing and Availability

bv-Control for Microsoft Exchange Server will be shipping in the first quarter of 2000. Pricing will be announced at that time.

About BindView Development Corp.

Founded in 1990, BindView Development Corporation develops and markets leading IT risk management solutions that have been recognized with the industry's most prestigious awards. The Company's primary product line, BindView EMS (Enterprise Management System), assists systems managers and security auditors in maintaining the integrity and security of multi-platform client/server networks. BindView's products are installed in over 4,000 companies worldwide, including over 75 of the Fortune 100 and 23 of the largest 26 U.S. banks. Contact BindView via e-mail at [e-mail] or visit BindView's World Wide Web Site at http://www.bindview.com. BindView can also be reached at [phone] or at [phone].

Safe Harbor Statement

Statements in this news release ending with an asterisk are "forward-looking" statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although BindView believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that the expectations reflected in such forward-looking statements will prove to be correct. Factors that could cause actual results to differ materially from BindView's expectations include, among others: integration of newly acquired companies and products; competition within the network management software industry; rapid technological change; BindView's development of and the market's acceptance of new products; as well as the risks, uncertainties and other factors described from time to time in BindView's periodic filings with the Securities and Exchange Commission.

Editors Note: BindView is a registered trademark of BindView Development Corporation. Company and product names mentioned herein may be trademarks and/or registered trademarks of their respective companies.