Computron Software Reports Second Quarter Results.

Business Editors

RUTHERFORD, N.J.--(BUSINESS WIRE)--July 31, 2000

Computron Software, Inc. (AMEX: CFW) today reported revenues of $12.3 million and $24.2 million for the three and six months ended June 30, 2000 compared to $15.4 million and $31.2 million for the corresponding periods last year. The Company reported operating losses, net losses, and basic and diluted net loss per share for the quarter ended June 30, 2000 of $(191,000), $(265,000), and $(0.01) per share respectively, compared to operating losses, net losses, and basic and diluted net loss per share of $(491,000), $(899,000), and $(0.04) per share respectively, for the same period in 1999. In addition, for the six months ended June 30,2000, the Company reported operating income, net losses and basic and diluted net loss per share of $111,000, $(23,000) and $(0.00) per share respectively, compared to operating losses, net losses and basic and diluted net loss per share of $(952,000), $(1,443,000), and $(0.06) per share respectively, for the same period in 1999. The results for the corresponding periods last year included operating results from the Company's previously owned French and German subsidiaries, as follows:

                      Three Months ended   Six Months ended
Revenues:              June 30, 1999         June 30, 1999
                      ------------------   ----------------
     License Fees       $   159,000         $    485,000
     Services             1,711,000            3,621,000
                        -----------        -------------
Total Revenues            1,870,000            4,106,000
                        -----------        -------------
Operating Loss          $  (532,000)        $ (1,262,000)
                        ============       =============

"I am especially pleased with the continued growth in our new e-Cellerator(TM) e-commerce solutions, as evidenced by delivery to over twenty clients during the first six months of 2000," said John Rade, CEO and President. There is a heightened interest in accessing information over the web and taking advantage of online procurement systems. Our AXSPoint(TM) Solutions and TransAXS(TM) Procurement and related solutions, such as TransAXS(TM) Vendor, appear to map very well to the needs of this marketplace," added Mr. Rade.

Computron Software, Inc. Background Information

Founded in 1978, Computron Software, Inc. (AMEX: CFW) is a provider of e-Cellerator(TM) electronic commerce (e-commerce) solutions. These solutions facilitate the transformation of traditional bricks and mortar organizations into clicks and mortar organizations. In addition, Computron's Professional Services Automation division offers a comprehensive suite of Internet products which help professional services companies fully utilize their resources and maximize their revenues and profits. It has over 20 years of experience in designing and building process-centric business solutions for global organizations. Computron has a proven track record in developing robust, high-volume, scalable, secure and effective business solutions for global 2000 sized organizations. For further information on Computron, its products, services and customers, visit the Computron web site at http://www.computronsoftware.com.

                       COMPUTRON SOFTWARE, INC.
                 CONSOLIDATED STATEMENTS OF OPERATIONS
                 (In thousands, except per share data)
                              (unaudited)


                                 Three Months Ended  Six Months Ended
                                 ------------------ -----------------
                                   June 30, June 30, June 30, June 30,
                                    1999     2000     1999     2000
                                   -------- ------- -------- --------

Revenues:
    License fees                    $ 2,332 $ 1,689  $ 5,849  $ 3,733
    Services                         13,057  10,588   25,327   20,453
                                   -------- ------- -------- --------
      Total revenues                 15,389  12,277   31,176   24,186
                                   -------- ------- -------- --------

Operating expenses:
    Cost of license fees                554     259    1,216      697
    Cost of services                  6,710   5,523   13,545   10,940
    Sales and marketing               3,100   2,340    6,372    4,488
    Research and development          2,013   1,740    4,080    3,523
    General and administrative        3,503   2,606    6,915    4,427
                                   -------- ------- -------- --------
      Total operating expenses       15,880  12,468   32,128   24,075
                                   -------- ------- -------- --------
Operating income (loss)                (491)   (191)    (952)     111
                                   -------- ------- -------- --------
Other income (expense):
    Loss on sale of subsidiary         (261)      -     (261)       -
    Interest income                      19      29       57       45
    Interest expense                   (111)    (91)    (216)    (199)
    Other income (expense)              (55)    (12)     (71)      20
                                   -------- ------- -------- --------
      Other expense, net               (408)    (74)    (491)    (134)
                                   -------- ------- -------- --------
Net loss                             $ (899) $ (265)$ (1,443)   $ (23)
                                   ======== ======= ======== ========

Basic and diluted net loss per
         common share               $ (0.04)$ (0.01) $ (0.06)   $   -
                                   ======== ======= ======== ========
Weighted average basic and diluted
      common shares outstanding      23,914  24,778   23,914   24,462
                                   ======== ======= ======== ========

The unaudited consolidated 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 consolidated 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.