Computron Software Reports Third Quarter Profit.

RUTHERFORD, N.J.--(BUSINESS WIRE)--Oct. 30, 1998--Computron Software, Inc. (AMEX:CFW) today reported its financial results for the quarter ended September 30, 1998. The Company reported third quarter revenues of $16.2 million, an increase of 0.3 percent from $16.1 million for the same quarter last year. For the nine-month period ended September 30, 1998, the Company reported revenues of $46.0 million as compared to $49.7 million in the corresponding prior year period. The Company reported operating income and net income for the quarter of $145,000 and $52,000 respectively compared to operating and net losses of $1.2 million and $7.9 million for the same period in 1997. Net loss for the nine months was $9.4 million as compared to $11.4 million during the 1997 period.

Commenting on the results, President and Chief Executive Officer, John Rade noted, "As a result of a reengineering effort begun in prior quarters to eliminate redundant costs, coupled with the signing of many new clients from around the globe, the Company has stabilized its operations." Rade continued, "We are extremely pleased with the performance of our professional services organization. Demand for these services are at an all time high as new customers are implementing software recently purchased, as well as a significant number of our installed base customers are upgrading to take advantage of enhancements in our latest software release. Many of these features were highlighted at our recent 1998 International Users Conference which was highly praised by the attendees and set attendance records over previous user conferences."

New customer contracts signed during the third quarter included such firms as JDA Software, American Horizon, Mellon Mortgage (a division of Mellon Bank), First Islamic Investment Bank, Recall Telecommunications and Goodman Fielder.

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 -0-

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

                        Three Months Ended         Nine Months Ended
                           September 30,             September 30,

                         1997         1998         1997         1998
Revenues:
  License fees       $  3,763     $  3,233     $ 14,275     $ 10,612
  Services             12,336       12,922       35,421       35,386
    Total revenues     16,099       16,155       49,696       45,998

Operating expenses:
  Cost of license fees    534          705        1,421        2,515
  Cost of services      7,085        6,695       20,518       20,957
  Sales and marketing   3,085        2,959       11,466       11,318
  Research and
   development          2,573        2,205        7,369        7,216
  General and
   administrative       4,005        3,446       11,798       12,014
  Restructuring costs     --           --           --         1,311
    Total operating
     expenses          17,282       16,010       52,572       55,331
Operating income
 (loss)                (1,183)         145       (2,876)      (9,333)
Other income
 (expense):
  Costs related to
   class action
   litigation          (6,912)         --        (9,185)         (40)
  Other income            166          109          714          372
  Other expense           (18)        (202)         (82)        (385)
    Other expense,
     net               (6,764)         (93)      (8,553)         (53)
Net income (loss)    $ (7,947)    $     52     $(11,429)    $ (9,386)

Basic and diluted net
 income (loss) per
 common share        $  (0.38)    $    --      $  (0.55)    $  (0.39)

Weighted average
 basic and diluted
 common shares
 outstanding           20,819       23,791       20,822       23,788

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.