Mobius Again Positioned in Leaders' Quadrant for Integrated Document Systems; Report Notes Market Evolution to Comprehensive Content Management.

Business Editors

RYE, N.Y.--(BUSINESS WIRE)--July 7, 2003

Mobius Management Systems, Inc. (Nasdaq: MOBI) today announced that it has been listed by industry analyst Gartner, Inc. as a leader in the Magic Quadrant for the integrated document archive and retrieval systems (IDARS) market. Mobius has been positioned in the leaders' quadrant in every previous Gartner Magic Quadrant assessment of this market. According to Gartner, leaders in this market have the highest combined measures of ability to execute and vision; they are doing well today and are prepared for the future. (The full report is available at www.mobius.com.)

Gartner notes that IDARS has increasingly become an integral part of a comprehensive content management strategy and that leaders have succeeded because of platform support and the build-out of other content management components. Mobius has historically offered highly scalable solutions across a wide range of platforms and applications, including imaging, e-presentment and payment, customer self-service, and report distribution. In 2002, Mobius expanded its ViewDirect product suite to deliver a total content management (TCM) solution, adding workflow, Web content management, integrated document management, digital asset management and records management.

"We're not surprised that Mobius appears year after year in the leaders' quadrant of the Gartner Magic Quadrant," said Eston Fain, senior vice president of advanced technologies at Compass Bancshares, a Southwestern financial holding company with $24.3 billion in assets. "We started using ViewDirect(R) to distribute reports and eliminate paper. Over time, as our requirements changed and as Mobius broadened its product suite, we've added additional components of ViewDirect TCM including WorkflowDirect, to automate business processes such as loan operations; ViewDirect Contenuity, for development and maintenance of our intranet and Internet sites; and an integrated content repository that includes long-term storage and access of check images. Mobius has helped us create an integrated content infrastructure that is still developing."

Mobius is a leading provider of integrated software solutions for total content management (TCM). ViewDirect TCM is a comprehensive product suite for managing and delivering content such as bills, statements, check images, report output, scanned forms, e-mail, transactions, policies, customer correspondence, Web elements, audio, video and more. ViewDirect TCM integrates content stored in disparate repositories and includes facilities for Web site management, document and digital asset management, workflow and imaging, e-presentment and payment, records management, enterprise report distribution, and a compliance module that ensures the accuracy and consistency of enterprise information.

"We are pleased to be identified once again by Gartner in the leaders' quadrant in this market, which has become integral to our customers' content management strategies," commented Mitch Gross, president and CEO of Mobius. "This recognition supports our view that organizations are increasingly seeking an integrated approach to managing the vast amounts of diverse information needed for day-to-day operations. Our recent introduction of ViewDirect Total Content Integrator provides a way to make this information easily and universally accessible. And the significant expansion of our ViewDirect TCM suite over the past year truly makes Mobius a 'one-stop shop' for all our customers' content management needs."

About Mobius

Mobius Management Systems, Inc. (www.mobius.com) is a leading provider of integrated solutions for total content management (TCM). The company's ViewDirect(R) TCM includes an integrated repository as well as a facility for accessing content across disparate repositories. Repository services are the foundation for a software suite that meets a broad range of content-intensive e-business requirements, including Web site, digital asset and document management; workflow and imaging; Internet presentment and payment; records management; and enterprise report distribution. Mobius products are used by more than one million customers and employees of nearly 1,400 organizations worldwide. More than sixty percent of the Fortune 100 companies use Mobius software. The company, founded in 1981, is headquartered in Rye, New York, with nine U.S. offices, as well as subsidiaries in Canada, England, France, Germany, Italy, Sweden, Switzerland, Benelux, Australia and Japan.

Statements contained in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties. In particular, any statements contained herein regarding expectations with respect to future sales and profitability, as well as product development and/or introductions, are subject to known and unknown risks, uncertainties, and contingencies, many of which are beyond the company's control, which may cause actual results, performance, or achievements to differ materially from those projected or implied in such forward-looking statements. Important factors that might affect actual results, performance, or achievements include, among other things, overall economic and business conditions, the demand for the company's goods and services, including budget allocations for new software products especially within larger corporate environments which have traditionally licensed the company's products, technological advances and competitive factors in the markets in which the company competes, including price competition from products providing similar functionality to Mobius's products as well as competition for experienced, seasoned employees (including retention) to support the company's key business operations, ongoing product development and growth, and acceptance and or adoption of the company's new products and services. These risks and uncertainties are described in detail from time to time in Mobius's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, filed on September 30, 2002, and its Quarterly Reports on Form 10-Q. Mobius accepts no obligation to update these forward-looking statements and does not intend to do so.

ViewDirect is a registered trademark of Mobius Management Systems, Inc. All other trademarks are property of their respective owners.

The Magic Quadrant is copyrighted June 2003 by Gartner, Inc. and is reused with permission, which permission should not be deemed to be an endorsement of any company or product depicted in the quadrant. The Magic Quadrant is Gartner, Inc.'s opinion and is an analytical representation of a marketplace at and for a specific time period. It measures vendors against Gartner defined criteria for a marketplace. The positioning of vendors within a Magic Quadrant is based on the complex interplay of many factors. Gartner does not advise enterprises to select only those firms in the "Leaders" quadrant. In some situations, firms in the Visionary, Challenger, or Niche Player quadrants may be the right matches for an enterprise's requirements. Well-informed vendor selection decisions should rely on more than a Magic Quadrant. Gartner research is intended to be one of many information sources including other published information and direct analyst interaction. Gartner, Inc. expressly disclaims all warranties, express or implied, of fitness of this research for a particular purpose.