Percuity Announces Licensing of Microsoft VBA

Business Wire, Sept 6, 2000

Business Editors/Hi-Tech Writers

ARLINGTON, Va.--(BUSINESS WIRE)--Sept. 6, 2000

Integrated Product Will Provide Customers the Ability to Synthesize

Desktop Management Tools and Other Business Applications in a

User-Friendly Development Environment

Percuity, Inc.(TM), an international software company which develops and markets the Asset360(TM) desktop asset management product, has announced its agreement with Microsoft Corp. (MSFT) to integrate Microsoft Visual Basic for Applications (VBA) with Asset360.

"With VBA, Asset360 will have the ability to provide customized business solutions to unlimited vertical industries," said Yong K. Kim, Chairman and CEO of Percuity. "In the financial arena, whether in mergers and acquisitions, tax or insurance, the key to maximizing profit and minimizing payout is knowing exactly which IT assets you have, where they are, and how much you're using them."

"Percuity's singular dedication to transforming the desktop asset environment for users is being met with Asset360 v.3.0," he continued.

Percuity is a leader in designing practical, elegant software for easy application of the desktop asset management discipline. Asset360 will be the first IT desktop asset management product to feature VBA when it launches in Q4 of this year as Asset360 v.3.0.

The strategy behind VBA inclusion in Asset360 took into consideration the goal of enabling product integration that will be supported by 3.2 million global VBA programmers in customer organizations and Percuity's reseller channel.

"This is a very large support base that understands customer operations, and will use the power of VBA to customize Asset360 objects and integrate desktop asset information into existing enterprise applications," added Mr. Kim.

"We welcome the addition of Percuity to the team of organizations that integrate VBA with their products," said Dave Edson, technical product manager at Microsoft. "Percuity is demonstrating its commitment to the user by extending Asset360's application functionality using VBA to integrate with financial, risk mitigation and other vertical market applications."

Ash Rofail, Chief Technology Officer of User Technology Associates Group(TM), explained Percuity's approach to finding the ideal development system complement for Asset360.

"We analyzed a range of industries and how they manage information," he said, "and found that no two companies were managing the most basic kind - desktop information - in the same way.

"Desktop information is the starting point of the information lifecycle of all other applications," he continued. "Most companies take occasional snapshots of an application's performance at the desktop. We know the information is dynamic information and that what was needed was a way to integrate it with other business data, such as financial, helpdesk, CRM and ERP.

"This is what would allow organizations to make better business decisions, and it's why we wanted to integrate with VBA," Mr. Rofail said. "We're confident that our message of implementing a Distributed Desktop Management Platform will resonate with IT organizations in every industry."

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(TM)

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