Elders Sails Through Three Software Audits Unscathed

ManageSoft Keeps Enterprise Compliant MUNICH, GERMANY -- (MARKET WIRE) -- July 16, 2007 -- ManageSoft -- the leading supplier of Continuous IT Compliance solutions for the global enterprise -- announced today that Elders Ltd., a leading financial services provider, has implemented a ManageSoft IT asset management solution (ITAM) including asset recognition, configuration management, and reporting. This enables Elders to easily deploy and update business-critical applications for its fleet of 3,750 computers and provide compliance reports for internal and third party audits. "Since we deployed ManageSoft, we have been audited three times -- twice by Adobe and once by IBM. Each time we were able to extract the information we needed from ManageSoft," explained André Laubscher, IT Facilities Manager at Elders. "We got a tick in the box from the auditors, which is important for a financial services organization." "Many organizations are struggling to meet stringent statutory and regulatory requirements. Elders is at the forefront of enterprise IT compliance and reaping the benefits of reduced operational risk and expense," noted Steve Butler, president and CEO of 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 Charbonneau Media Relations Manager ManageSoft Corporation +1.617.532.1603 Allison.Charbonneau@ManageSoft.com Claudia Seidl Marketing, Europe ManageSoft Corporation +49.89.242084.184 Claudia.Seidl@ManageSoft.com