Press Release

ENTUITY SETS RECORD FOURTH QUARTER IN 2004

NEW YORK, NY & LONDON, UK – January 21, 2005 – Entuity Inc.T, the developer of integrated network management solutions for the enterprise, today announced sales of Eye of the StormT (EYE) established a record breaking Q4. The results produced a 75% revenue growth over the same quarter in 2003 and the most profitable quarter in company history. Entuity's banner quarter and year was the direct result of major customer wins and the release of Eye of the Storm 3.5.

Eye of the Storm uniquely combines performance, availability and resource management into a single, integrated IT management solution. The integrated database provides the historical context required to detect, isolate and report performance and service degradations in real time. The release of EYE 3.5 in July 2004 demonstrates Entuity's commitment to ongoing innovation and functional value. With the addition of a simple but powerful new reporting feature - called Flex ReportsT - EYE users can add custom ad hoc and scheduled reporting to EYE's long-standing advantages of technology strength, ease of use and competitive pricing.

Recent strategic sales to leading global 2000 enterprises include a major chip manufacturer, a leading investment bank, several principal financial institutions, top advertising firms and a major service provider. Entuity's success this year validates Eye of the Storm and its powerful position in the industry as an innovative and refreshing alternative to more complex, more costly and less functional IT management solutions.

Entuity customers performed extensive head-to-head evaluations of network management products including HP OpenView, SMARTS, Micromuse and Concord. IT decision makers consistently selected Eye of the Storm because of its innovation and integrated technical capabilities that enable them to manage the entire IT infrastructure--in addition to providing immediate ROI, an attractive price point, ease-of-use and deployment, and attention to customer service.

"We're observing several trends in the industry that are very encouraging for us," said Gerry O'Connell, CEO of Entuity. "IT growth and investments in strategic IT Management solutions are resuming and we're seeing IT decision makers applying a new level of scrutiny to the process of vendor evaluation and selection."

O'Connell continued, "As IT professionals evaluate IT management solutions, they're looking beyond the vendors they invested in over the past several years. Often they are frustrated by staggering support costs and lack of innovation. They are also looking to reduce the number of management tools deployed in their networks. They are finding Eye of the Storm to be an innovative refreshing alternative."

"The strategic sales in 2004 underscore the momentum of EYE and its ability to win in competitive situations. As we look to 2005, all indicators suggest this will be another banner year," O'Connell concluded.

"Entuity is one of the more successful innovators in the infrastructure management marketplace," said Dennis Drogseth, Vice President, Enterprise Management Associates. "Its Eye of the Storm solution has proven resilient, easy to deploy, and accurate in capturing resource information, performance information and fault information with integrated relationships and cohesive navigation. EMA has long been supportive of Eye of the Storms' design, and welcomes the growing market acceptance of a product that, based on EMA dialog, consistently meets or exceeds buyer expectations."

Eye of the Storm pricing ranges from over $50,000 for smaller U.S. installations to seven figures for larger enterprises. Pricing includes the server component and other management services.

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.