Boston Stock Exchange Trades on AppIQ Solution Suite; AppIQ Solution Suite Version 1.7 Delivers Storage Management Support for Leading Business Continuity Applications.

Business Editors/High-Tech Writers

BURLINGTON, Mass.--(BUSINESS WIRE)--April 22, 2003

AppIQ(TM), the leader in the open management revolution in storage management software, today announced that the Boston Stock Exchange (BSE), the third oldest exchange in the United States, selected AppIQ Solution Suite to manage its mission-critical storage.

The BSE is running the newly released Version 1.7 of AppIQ Solution Suite. This latest version of the AppIQ solution adds support for leading business continuity applications including EMC PowerPath, LSI Logic Storage Systems RDAC, Veritas Volume Manager and Veritas DMP, and enhanced functionality that is particularly important to BSE's disaster recovery strategy.

"The AppIQ solution provides the effective day-to-day management that delivers strong customer service and the long-term assurance that we can recover expediently in the event of a disaster, said Michael Curran, Chief Information Officer at the Boston Stock Exchange.

AppIQ Solution Suite Version 1.7 extends AppIQ's leadership in providing a comprehensive application storage infrastructure management solution by adding tighter integration with business continuity applications for a more detailed assessment of the environment and the steps needed to rebuild effectively, if disaster strikes. By expanding the number of applications integrated with AppIQ Solution Suite, AppIQ continues to simplify and reduce the cost of managing complex storage environments.

"We listen to our customers carefully in our efforts to deliver the most comprehensive, cost-effective storage management solution on the market," said Dave Lemont, Chief Executive Officer at AppIQ. "The fact that the Boston Stock Exchange chose AppIQ Solution Suite is a solid validation of the customer value we deliver."

Other improvements in AppIQ Solution Suite Version 1.7 include enhanced reporting functionality, customized viewing and additional support for heterogeneous storage devices. Pricing for AppIQ Solution Suite is configured based on port connectivity.

About AppIQ

AppIQ(TM), Inc. is leading a revolution in open management. AppIQ Solution Suite is the first standards-built solution to simplify the management of complex storage environments for IT professionals in enterprises of all sizes. Reduced complexity is achieved by managing the infrastructure as a system, integrating business applications, and implementing open industry standards. The result is an easy-to-deploy and simple-to-use solution that provides more efficient use of existing assets, increased application availability, and quicker deployment of storage infrastructure and business applications. Through its CIMIQ program, AppIQ has delivered enabling technology based on industry standards to a number of partners to further the rapid adoption of standards in the storage industry including Brocade (Nasdaq: BRCD), CommVault, Hitachi Data Systems, HP (NYSE: HPQ), LSI Logic Storage Systems (NYSE: LSI), McDATA (Nasdaq: MCDTA/MCDT), Network Appliance (Nasdaq: NTAP) and Sun Microsystems, Inc. (Nasdaq: SUNW). AppIQ is also an active participant in leading industry standards groups including the Distributed Management Task Force, Inc. (DMTF) and the Storage Networking Industry Association (SNIA). Investors in AppIQ include Matrix Partners and North Bridge Venture Partners. Contact AppIQ at [e-mail], [phone] or visit www.appiq.com for more information.

(C) 2003 AppIQ, Inc. AppIQ is a trademark of AppIQ, Inc. in the United States and in other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.