Percuity Releases Asset360 Enterprise With Microsoft VBA; New, Customizable Product Crowns Family Offerings Including 3 Editions for Accurate, Optimal Desktop Asset Management

Business Wire, Oct 24, 2000

Business Editors/Hi-Tech Writers

ARLINGTON, Va.--(BUSINESS WIRE)--Oct. 24, 2000

Percuity(TM), Inc., an international software company which develops and markets the Asset360(TM) desktop asset management line of products, announces the release of Asset360(TM) Enterprise (v. 3.0), featuring Microsoft(R) Visual Basic(R) for Applications (VBA).

First in the desktop asset management industry to feature VBA, Asset360 Enterprise provides customers the ability to synthesize desktop management tools and other business applications in a user-friendly development environment.

"The integration of Microsoft VBA into Asset360 is a strategic and trend-setting move for Percuity," said Yong K. Kim, CEO of Percuity. "It creates for our customers and partners the platform to build user-centric, VBA-enabled applications around Asset360's desktop asset management functions.

"Our goal was to build a desktop asset management platform that provides the `glue' that connects the entire enterprise," he continued. "Asset360 Enterprise meets the goal and gives users the tool to customize output based on internal business rules and processes."

Percuity is a leader in designing practical software for fast and easy application of the desktop asset management discipline. Asset360 Enterprise is the newest offering in the product line, which also features:

-- Asset360 Professional: Includes the entire range of Asset360

capabilities plus remote control functionality.

-- Asset360: Designed for ease of use and rapid deployment and

implementation, this product (formerly v.2.8) is a fundamental

set of the most helpful and commonly used desktop asset

management tools.

"Asset360 Enterprise represents a unique advantage for Visual Basic programmers developing customized desktop asset management solutions," said Dave Edson, technical product manager at Microsoft. "We are pleased to partner with Percuity in order to facilitate these solutions. Organizations in every industry will now have even more opportunity to save time and money by managing their desktop assets."

About VBA

Microsoft Visual Basic for Applications is a powerful development technology for rapidly customizing packaged applications and integrating them with existing data and systems. VBA offers a sophisticated set of programming tools based on the Microsoft Visual Basic development system, the world's most popular rapid application development system, which developers can use to harness the power of packaged applications. VBA enables customers to buy off-the-shelf software and customize it to meet their specific business processes rather than build from scratch. This helps them save time and money, reduce risks, leverage their programming skills, and deliver precisely what users need.

About Asset360

Asset360 is designed to provide a wide range of desktop asset information that is easily collected and reported. The data collected by Asset360 helps organizations minimize the business and financial risk associated with software licensing, disaster recovery, commercial property tax, and other potential expenses related to under-management of desktop assets. The Asset360 distributed desktop management toolset features:

-- Quick and easy installation and use

-- Open architecture to enable integration

-- Hardware and software asset methodology

-- The capability to help keep software licenses current and

legal

-- The capability to help increase productivity of network

managers

-- Network Operating System (NOS) independence

Asset360 is available through selected resellers in North and South America and Europe.

About Percuity and User Technology Associates (UTA) Group

Percuity, Inc. is a User Technology Associates Group(TM)Company formed to manage the engineering, production, marketing and sales of Asset360. Percuity headquarters is located at 4301 N. Fairfax Drive, Suite 400, Arlington, Virginia, 22203, Tel: (800) 416-9633, Fax: (703) 908-6525. Percuity maintains its web site at www.percuity.com

UTA Group is an award-winning information technology group of companies founded in 1985 by Yong K. Kim. Known internationally for its mission of Closing the Gap Between the User and Technology(R), UTA Group serves government and commercial clients with 36 offices and customer sites throughout the world. UTA Group is headquartered in Arlington, Virginia.

Mr. Kim received the KPMG Peat Marwick High Tech Entrepreneur Award, the Merrill Lynch, Ernst & Young Entrepreneur of the Year Award, as well as the Small Business Person of the Year Award from the U.S. Small Business Administration. A UTA Group joint venture company was honored in 1999 by Soft*Letter as the No. 1 fastest growing software company in the nation.

Percuity and Asset360 are trademarks of Percuity, Inc. Microsoft and Visual Basic are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.