Computron Addresses Need of Untapped Market Through Formation of Professional Services Automation Division.

Business/Technology Editors

RUTHERFORD, N.J.--(BUSINESS WIRE)--Dec. 20, 1999

New Vertical Focus Brings Comprehensive Solution

to Service Organizations

Computron Software, Inc. (AMEX: CFW), a leading global provider of business process automation and back office financial management software, today announced the product and service offerings of its newly formed Professional Services Automation (PSA) Division. PSA focuses on delivering comprehensive solutions to management consulting and IT services and is the only vendor in the market to deliver a total Enterprise Resource Management system for the professional services industry.

Following on the heels of Computron's announcement last week of a product and vertical market restructuring of its organization, the company detailed the offering of the Computron PSA Division. Targeted at management consulting and IT service firms, the PSA offering addresses critical functions within these organizations, including project management, skills management, resource planning, time and expense management, time/billing, financial management and document management. Computron provides all of these capabilities in an integrated, browser-enabled solution.

"Analysts have deemed professional services automation as one of the largest opportunities in packaged software since ERP," said Brian Kelly, Computron vice president and head of the PSA Division. "Given how reliant professional services organizations are upon management intensive processes, automation can make a tremendous impact on their business. With the solution provided by Computron in conjunction with our business partners, service organizations are able to leverage the proven offerings of experienced vendors to better manage their two most important assets: the time and intellectual capital of their employees."

Industry analysts have estimated the market to be over $3 billion for large IT service organizations in North America alone and to approximately $20 billion for professional service organizations worldwide. Computron's established product offerings and installed base of well-known professional services organizations, allows the PSA Division to be a dominant player in this market.

Mr. Kelly went on to say that, "Professional service organizations are the world's first virtual workforce requiring the ability to connect a complex network of clients, employees, contractors and partners in a truly global environment. The PSA Division's solution is deployable in any of today's popular models: in-house, web-hosted, or ASP. Additionally, the solution is modular in nature, allowing organizations the flexibility to implement the entire solution at once or in pieces."

The PSA Division is able to provide this comprehensive solution through the combination of its own products with those from such leading vendors as PlanView, the world leader in resource-driven multi-project management software, and Intertech, a premier provider of web-enabled document management and workflow solutions for document-centric business commerce transactions. A new partnership announcement is expected to be forthcoming shortly with a leading Internet-based PSA provider.

Leading firms such as Cap Gemini America, Mercer Management Consulting, Sun Services (a division of Sun Microsystems) and America Online are already using the Computron piece of the PSA solution, while Sprint Paranet has implemented the combined PSA offering from Computron and PlanView.

Background Information on Computron Software, Inc.

Founded in 1978, Computron Software, Inc. (AMEX: CFW) is a global provider of application software solutions for business and finance. Used by more than 500 companies worldwide, these solutions automate business processes across the enterprise and allow organizations to capitalize on the knowledge within their systems. Computron's goal is to provide organizations with competitive advantage and added, measurable business value. The Company's latest Internet products will allow companies to quickly deploy e-business application strategies. For further information on Computron, its products, services and customers, visit the Computron web site at http://www.computronsoftware.com.

This press release contains forward-looking statements. Such statements are only predictions and actual events or results may differ materially. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the Company's documents and reports filed from time to time with the Securities and Exchange Commission.

Computron is a registered trademark of Computron Software, Inc. All other companies and product names are trademarks or registered trademarks of their respective companies.