Computron Software Reports Second Quarter Results.

RUTHERFORD, N.J.--(BUSINESS WIRE)--July 31, 1998--Computron Software, Inc. (AMEX:CFW) today reported its financial results for the quarter ended June 30, 1998. The Company reported second quarter revenues of $14.8 million, a decrease of 11.8 percent from $16.8 million for the same quarter last year. For the six month period ended June 30, 1998, the Company reported revenues of $29.8 million as compared to $33.6 million in the corresponding prior year period. Net loss for the quarter was $5.2 million, compared to a net loss of $1.5 million for the comparable 1997 period. Included in the quarterly net loss for the period ended June 30, 1998, was $1.3 million related to restructuring costs. Net loss for the six months was $9.4 million as compared to $3.5 million during the 1997 period.

Commenting on the results, President and Chief Executive Officer John Rade noted, "During the quarter, we embarked on a reengineering effort designed to streamline the product delivery process and focus the Company's marketing efforts on five key vertical markets, which should result in the elimination of redundant costs while not reducing our ability to compete. In addition, the Company's COOL product won a Best of AIIM Award, and we added several new prestigious customers in the finance, insurance, transportation, professional services and communications industries."

Computron Software, Inc., Background Information

Founded in 1978, Computron Software, Inc. is an international software company that designs, markets, and supports n-tier client/server-based financials, workflow, COLD, (Computer Output to Laser Disk), and maintenance and asset management software solutions. Computron products are interoperable across most major UNIX architectures, as well as, on Microsoft Windows NT. The Company has offices and distributors in 14 countries in North America, Europe, Asia, Australia and Africa. For further information on Computron, its products and services, visit the Computron website at http://www.computronsoftware.com

                       COMPUTRON SOFTWARE, INC.
                 CONSOLIDATED STATEMENT OF OPERATIONS
                 (in thousands, except per share data)
                              (Unaudited)

                                 Three Months             Six Months
                                       Ended                   Ended
                                 -----------------------------------
                                  June 30, June 30,  June 30, June 30,
                                     1997     1998      1997     1998
                                ----------------------------------------
Revenues:
   License fees                     $ 4,883  $ 3,360 $ 10,512  $ 7,379
   Services                          11,923   11,460   23,085   22,464
                                  ----------- --------- -------------------
     Total revenues                  16,806   14,820   33,597   29,843
                                  ----------- --------- -------------------


Operating expenses:
   Cost of license fees                606      796       887    1,810
   Cost of services                  6,871    7,127    13,433   14,262
   Sales and marketing               3,427    4,110     8,381    8,359
   Research and development          2,365    2,375     4,796    5,011
   General and administrative        3,964    4,264     7,793    8,568
   Restructuring costs                -       1,311      -       1,311
                                 ---------- --------- -------------------
     Total operating expenses       17,233   19,983     35,290  39,321
                                 ---------- --------- -------------------
Operating loss
                                     (427)  (5,163)    (1,693) (9,478)
                                 ---------- --------- -------------------
Other income (expense):
   Costs related to class action
     litigation                    (1,281)     (18)    (2,273)    (40)
   Other income                       255      131        548     263
   Other expense                      (32)    (183)       (64)   (183)
                                 ---------  --------  --------- --------
     Other income (expense), net   (1,058)     (70)    (1,789)     40
                                 ---------  --------  --------- --------
                                 ---------  --------  --------- --------
Net loss                         $(1,485) $ (5,233)   $(3,482)$(9,438)

                                 ---------  --------  --------- --------

Net loss per common
   and common stock equivalent     (0.07)    (0.22)     (0.17)  (0.40)
                                ==========  ========  =================

Weighted average number of
    common and common equivalent
     shares                      20,818    23,791      20,814  23,784
                                =====================================

The unaudited financial information included in this document is intended only as a summary provided for your convenience, and should be read in conjunction with the complete financial statements of the Company (including the Notes thereto, which set forth important information) contained in its Reports on Form 10-K and 10-Q filed by the Company with the U. S. Securities and Exchange Commission (SEC). Such reports are available on the public EDGAR electronic filing system maintained by the SEC.

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.

CONTACT: Computron Software, Inc., Rutherford

Michael Jorgensen, 201/935-3400