Dain Rauscher Wessels Announces Investment Opinion On Agile Software Corp., Peregrine Systems Inc., Retek Inc. and SAG AG

Business Wire, Sept 7, 2001

Business Editors & Analysts

NOTE TO EDITORS: The following is an investment opinion issued by

Dain Rauscher Wessels

MINNEAPOLIS--(BUSINESS WIRE)--Sept. 7, 2001

Dain Rauscher Wessels Expands Collaborative Commerce Software

Coverage; Initiates Ratings On Four Companies

Dain Rauscher Wessels collaborative commerce software analyst Kash Rangan today initiated coverage on the following four companies:

-- Peregrine Systems Inc. (Nasdaq:PRGN), $25.08, with a Buy-Aggressive Risk
rating and a 12-month price target of $39. Peregrine Systems is a global
provider of infrastructure management, employee self-service and
business-integration software and services.

-- Retek Inc. (Nasdaq:RETK), $22.02, with a Buy-Speculative Risk rating and a
12-month price target of $26. Retek is a leading supplier of Customer
Relationship Management (CRM), merchandizing, Supply Chain Management (SCM) and
Logistics software solutions to global retail supply chains.

-- SAG AG (NYSE:SAP), $28.78, with a Buy-Speculative Risk rating and a 12-month
price target of $35. SAP AG is a global provider of collaborative commerce
solutions for over 14,000 companies, covering 40,000 installed sites and 10
million end users in about 120 countries.

-- Agile Software Corp. (Nasdaq:AGIL), $9.63, with a Neutral rating. Agile
Software offers leading collaborative manufacturing software solutions,
including product content change collaboration and strategic sourcing
solutions.

Institutional investors interested in receiving more information should contact their Dain Rauscher Wessels salesperson. Media interested in receiving research reports should call (612) 371-2239.

Dain Rauscher Wessels, a division of Dain Rauscher Incorporated, includes equity research, equity trading, institutional equity sales and corporate finance. The division's 50 analysts focus on five industries: consumer, energy, financial services, health care and technology. Currently, the analysts follow nearly 500 companies. The division, which employs 550 people, has offices in Atlanta; Austin, Texas; Boston; Chicago; Dallas; Houston; Memphis, Tenn.; Menlo Park, Calif.; Minneapolis; New York City; Paris; San Francisco; and Tel Aviv, Israel(a).

Dain Rauscher Corporation, a wholly owned subsidiary of Royal Bank of Canada (NYSE:RY), is one of the nation's largest full-service securities firms with 1,130 investment executives and 4,080 employees. The company's broker-dealer, Dain Rauscher Incorporated, serves individual investors and small business owners through offices located predominantly in the western half of the United States, and capital markets and correspondent clients in select U.S. and international markets. Founded in 1909, Dain Rauscher Incorporated is a member of the New York Stock Exchange and other major securities exchanges, as well as the Securities Investor Protection Corp. The company's headquarters are located at Dain Rauscher Plaza, 60 S. Sixth St., in Minneapolis.

Dain Rauscher Incorporated makes a market in Agile Software Corp., Peregrine Systems Inc. and Retek Inc. and may act as principal with regard to sales or purchases of these securities.

Additional information on the securities mentioned is available on request. This does not purport to be a complete statement of all material facts related to any company, industry, or security mentioned. The information provided, while not guaranteed as to accuracy or completeness, has been obtained from sources believed to be reliable. The opinions expressed reflect our judgment at this time and are subject to change without notice and may or may not be updated. DRI, its officers, directors, affiliates, and/or employees (including the authors of this report) may from time to time have a long or short position in publicly or privately issued securities of companies mentioned or derivatives thereof and may sell or buy such securities for their own or related accounts. This notice shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which said offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

(a) Strategic alliance with Tamir Fishman & Co.