Press Release

ENTUITY ANNOUNCES YEAR-OVER-YEAR REVENUE GROWTH FUELED BY ACCELERATED ADOPTION AMONG FINANCIAL SERVICES INSTITUTION

Entuity's Network Management Software Adopted by Industry Leaders Ark Resource Management, Garban Intercapital, MetLife, NYME and others

NEW YORK, NY – January 21, 2003 - Entuity, Inc., a leading infrastructure management software provider, reported considerable market momentum throughout Fiscal 2002, culminating in a significant presence within the financial services industry. Ark Resource Management, Garban Intercapital, MetLife and NYME are just a few of the institutions who adopted the Eye of the StormT solution, helping Entuity to boast record performance for the year.

Entuity recorded its best performance to date with sales increasing nearly 20 percent in 2002 despite an extremely challenging business environment where many peer companies are experiencing decreasing revenue. In addition, the company has achieved 65 percent revenue growth sequentially for it's fourth quarter. Fueling adoption of the Entuity solution is the product's ability to help maintain exceptional levels of network availability, while optimizing service levels.

Noting the company's performance in 2002, Entuity investor and general partner of LMS Capital Michael Bennett, said: "The company is exhibiting strong leadership capabilities within the industry because of the superior functionality of the product and its ability to help companies leverage their IT infrastructure investments. The company's management team has broad business experience and the technical leadership necessary to continue to create high-quality products and lead the industry."

Given the ongoing consolidation and restructuring occurring within the financial services industry today, tools that can increase return on investment are of particular interest to this market. Key concerns include the ability to leverage extensive investments made in infrastructure, while maintaining tight divisional spending; eliminating product overlap and integrating disparate products created by merger and acquisition activity; and locating surplus and deficit bandwidth and networking hardware for optimized capacity planning.

But despite these needs, according to industry analyst firm Gartner Group, less than 25 percent of companies worldwide have an IT Resource Management program in place that can manage these issues.

Entuity's Eye of the Storm product addresses these concerns by delivering an effective trouble-shooting and capacity planning tool that can map existing network inventory in a matter of hours, enabling companies to allocate resources more efficiently than ever before. The solution leverages this dynamic inventory capability to also deliver unified performance and fault management. Unlike framework and point solution providers, Eye of the Storm provides granularity that enables network systems administrators to view the history of each port in a point and click fashion. This helps network systems administrators better analyze these ports and view them by application, department and business geography. Eye of the Storm requires minimal configuration and provides real-time and historical trending information.

"We are pleased with our ability to maintain and grow a blue chip list of customers in this business environment," said Gerry O'Connell, president and CEO, Entuity. "We believe that customers today are seeking predictable network management solutions characterized by highly granular product capabilities, easy to deploy configurations, and comprehensive real-time and historical reporting features. Vendors that can deliver this value proposition will be in a strong position to succeed as markets expand."

About Entuity
Entuity is a leading provider of network management and service delivery solutions.  The Company’s Eye of the Storm (EYE) software suite automatically discovers and captures unrivalled network data and analytics, and provides integrated fault, device and flow-based performance management capabilities that help businesses reduce network downtime, commit to, deliver and prove service level commitments, and ensure network configuration compliance.

Winner of numerous industry and business awards in the last year, EYE has been praised for its fast deployment, ease of use, and low cost of ownership. Entuity customers include enterprises, SIs, and MSPs such as ABB, Amtrak, Astra Zeneca, BMC Software, Deutsche Bank, IBM Global Services, The Royal Bank of Scotland, Sony, Visteon, and the Williams Companies. For more information on Entuity, please visit www.entuity.com or call +1.718.261.3440 (North America) or +44 (0) 20 7444 4800 (Europe).

Entuity and Eye of the Storm are registered trademarks of Entuity, Ltd. All other marks and names mentioned herein may be trademarks or registered trademarks of their respective companies.