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NetWorth Systems Releases 'The Reliability Edge' Managed IT Asset and Network Management Platform; Managed Solution to Make IT Governance Much More Manageable.


FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla. -- NetWorth Systems Inc. a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of NetWorth Technologies Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CLME.OB) announced today that it has completed testing and has released its managed software platform called The Reliability Edge(R).

The Reliability Edge(R) IT Network Management Suite utilizes existing network infrastructure to deliver: Asset Discovery, Security Auditing, Resource Usage Monitoring, PC Personality Management. The Reliability Edge is completely configurable, enabling users to scan the entire network or just specific ranges. It generates reports on all hardware, software, OS, security and end-user usage patterns and can also focus on just the management issue of the day. It also monitors user behavior on all PCs to identify shelf-ware or it can monitor just the sales team PCs, for example, to see how people are responding to the new CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization.  application.

"Increasingly, top management realizes the significant impact information technology (IT) can have on the success of the enterprise. Management hopes for heightened understanding of the way IT is operated and the likelihood of its being leveraged successfully for competitive advantage," said L. Joshua Eikov, chief executive officer of NetWorth Technologies. "The Reliability Edge IT Network Management Suite contributes to productivity and security by providing the information needed to make effective business decisions. Knowing what's on What's On (Traditional Chinese: 熒幕八爪娛) is a weekly half-hour TV series that airs on Fairchild Television. Format
Originally started in 1996, the show is currently the longest-running program in Fairchild Television history.
 every desktop across a company's network is essential to accurately evaluate technology, assess security risks and manage ongoing support efforts."

Specifically NetWorth is looking to deploy the Reliability Edge Suite into IT governance programs for compliance (Sarbanes-Oxley, HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, , Patriot Act Patriot Act: see USA PATRIOT Act. , etc); IT2BG (IT to Business Goals) programs where the enterprise is trying to establish real-time ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). , ROE and RPE RPE Retinal Pigment Epithelium
RPE Rating of Perceived Exertion (exercise)
RPE Respiratory Protective Equipment
RPE Regular Pulse Excitation
RPE Registered Professional Engineer
RPE Rapid Palatal Expansion
 statistics; and security and disaster recovery installations where monitoring and constant evaluation are needed.

"The Reliability Edge provides security vulnerability reports which analyze a network as a hacker would, checking for all possible backdoors and vulnerabilities on each device. The Reliability Edge is powerful enough to provide the comprehensive and detailed data necessary for effective IT management decisions," said NetWorth Technologies Chief Information Security Officer Benjamin Filippelli.

NetWorth Systems worked with software developer AMS AMS - Andrew Message System  of Singapore on the development of the Reliability Edge Suite. Greg Lipper, chief executive officer of AMS said, "The Reliability Edge was designed to enable IT service providers to create services quickly, scope jobs accurately, deliver services consistently and profitably. These capabilities are strategic to NetWorth's business, and we are thrilled to see The Reliability Edge play a key role in the emergence of this next generation IT service provider."

The Reliability Edge is delivered as a managed server appliance A self-contained computer system specialized for network use. Its applications are pre-installed, and access to setup and configuration is via a Web browser. Server appliances may provide a single application or several applications; for example, a single device may provide file server,  and is available in several business models.

About NetWorth Technologies, Inc.

NetWorth Technologies is a global management consulting, technology services and acquisition company. Its current portfolio consists of NetWorth Systems Inc., an information networking, security and IT auditing company. Committed to delivering innovation, NetWorth Technologies looks to acquire promising underperforming technology and technology services companies and to help them become high-performance businesses. With deep industry and business process expertise, broad global resources, NetWorth Technologies can mobilize the right people, skills, and technologies to help clients improve their performance.

Its holdings provide security services, IT outsourcing, IT asset management, and IT Governance and wireless services.

Using its industry and business-process knowledge, and our insight into existing and emerging technologies, we identify new business and technology trends and formulate and implement solutions for acquisition companies under demanding time constraints. Specifically, we help Companies:

--Identify and enter new markets.

--Increase revenues in existing markets.

--Improve operational performance.

--Deliver their products and services more effectively and efficiently.

For more information on NetWorth Technologies Inc. please visit www.networthco.com.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement

This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These statements are based on the current expectations or beliefs of NetWorth Systems, Inc. management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: adverse weather conditions, historical seasonality, loss of customers, increased competition and other risks detailed from time to time in filings with the Securities and Exchange Commission. Consequently, if such management assumptions prove to be incorrect or such risks or uncertainties materialize, the Company's actual results could differ materially from the results forecast in the forward-looking statements.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 30, 2004
Words:740
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