ManageSoft Posts Strong 67% Revenue Growth

Success Attributed to Launch of Enterprise Compliance Manager™
to Address Out-of-Control License Complexity Problem

February 7, 2008 Boston, MA, USA

ManageSoft—the leading supplier of Software Management solutions—announced today that the company has achieved near record revenue in the fourth quarter of calendar 2007.  Revenue grew a stellar 67% over the same calendar quarter in 2006.  In addition, the establishment of its new global customer care division contributed to very high customer satisfaction levels and high maintenance revenue.

The company attributes its success to the demand for its flagship Enterprise Compliance Manager software to address the out-of-control licensing complexity problems faced by its customers. The rapid emergence of virtualization, multi-core licensing, and the increased use of datacenter application delivery has greatly amplified the license entitlement dilemma.

Enterprise Compliance Manager  provides breakthroughs in both enterprise-wide license entitlement and software investment optimization. This product handles a broad range of license types and exposes out of compliance situations, as well as, savings opportunities by processing multiple data sources including: asset inventory, software usage, contract terms, purchase order data, and its application recognition library.

“The launch of our Enterprise Compliance Manager software has been a resounding success, as evidenced by fast sales growth in all geographies,” declared Alan Swahn, ManageSoft's vice president of marketing and business development.

About ManageSoft

ManageSoft is the leading supplier of Enterprise Software Management solutions for asset recognition, license entitlement, purchase optimization, and software/OS deployment.  We enable a quick asset, contract, and entitlement baseline to be established, immediate notification of compliance drift from policies and terms, and recommendations for resolution.

Our products are based on open industry SAM, ISO and ITIL standards and ManageSoft contributes to defining future standards with membership in IBSMA, IAITAM, itSMF, BSA, and Microsoft SAM. ManageSoft has developed key business partner relationships with IBM, Microsoft (Gold Certified), and Siemens services. The company is headquartered at 101 Federal Street, Boston, MA. 02110. Telephone: +1.617.532.1600, Fax: +1.617.532.1605, Email: ITcompliance@managesoft.com, Websites: ManageSoft.com or ContinuousITCompliance.com