direct/ ManageSoft: Latest Product Release From ManageSoft Ensures Continuous IT Compliance

Application Recognition, License Entitlement, Contract Enforcement Under the Hood

MUNICH, GERMANY -- (MARKET WIRE) -- July 05, 2007 -- ManageSoft -- the leading supplier of Continuous IT Compliance solutions for the global enterprise -- announced today a major general release of its Compliance Manager product.

Compliance Manager (v.7.8.5) allows software and hardware assets to be discovered, monitored, and reconciled against purchases to identify license discrepancies and hardware changes.

To provide an automated compliance solution, ManageSoft takes advantage of its large application recognition library and its license entitlement knowledge database to determine what software assets are being used and to perform a true-up against related contracts. Any non-compliance situations are highlighted, which paves the way to correction before liability is incurred through an audit, vendor negotiation, or true-up.

ECPweb´s 2007 Software and IT Asset Management Tools Review heralded ManageSoft Compliance Manager solution´s high degree of usability, highlighting its "easy-to-navigate interface and plain-English explanation of complex tasks."

"Vendor audits are becoming common place. Failure to pay sufficient attention to license entitlement is a costly proposition. Our Compliance Manager continuously identifies entitlement discrepancies as they arise, to ensure closed-loop compliance," explained Alan Swahn, vice president of marketing and business development at ManageSoft.

About ManageSoft

ManageSoft is the leading supplier of Continuous IT Compliance solutions for global enterprise asset management, license reconciliation, configuration management, and end-user self service. Our smart asset discovery and license reconciliation enables quick establishment of a compliance baseline, immediate notification of compliance drift and recommendations for optimized resolution. ManageSoft creates a compliance closed loop between IT procurement, deployment, allocation, and discovery of end-user modifications.

The company´s 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 HP, IBM, Microsoft (Gold Certified), and Siemens services. The German headquarters is located at Sendlinger-Tor-Platz 7, 80336 Munich, Germany. Telephone: +49.89.242084.184, Fax: +49.89.242084.200, Email: ITcompliance@managesoft.com, Websites: www.ManageSoft.com or www.ContinuousITCompliance.com

ManageSoft is a registered trademark of ManageSoft, Incorporated. All other companies and products referenced herein are trademarks or registered trademarks of their respective holders.

For more information, contact:

Allison R. Charbonneau
Media Relations Manager
ManageSoft Corporation
Direct: (617)-532-1603
Cell: (603)-320-5339
Allison.Charbonneau@ManageSoft.com

Claudia Seidl
Marketing, Europe
ManageSoft Corporation
+49.89.242084.184
Claudia.Seidl@ManageSoft.com

SOURCE: ManageSoft

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