NetManage Appoints Deloitte & Touche LLP As Its New Independent Accounting Firm

Business Wire, June 14, 2002

Business/Technology Editors

CUPERTINO, Calif.--(BUSINESS WIRE)--June 14, 2002

NetManage, Inc. (Nasdaq: NETM), experts in host access and integration solutions, today announced that its Board of Directors has approved the engagement of Deloitte & Touche LLP as its new public accounting firm.

The decision to appoint Deloitte & Touche LLP was made after an extensive evaluation process by the NetManage Board of Directors, Audit Committee and management team.

Deloitte & Touche LLP replaces Arthur Andersen LLP. The decision to change auditors was not the result of any disagreement between NetManage and Arthur Andersen on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.

About NetManage

Founded in1990, NetManage, Inc. (Nasdaq: NETM), experts in host access and integration solutions, provides software and consulting services to extend and maximize a company's investment in existing legacy systems and applications. NetManage offers a full range of host access and host integration software and services for mid-size and Global 2000 enterprises. NetManage has more than 30,000 customers including 480 of the Fortune 500. NetManage sells and services its products worldwide through its direct sales force, international subsidiaries, and authorized channel partners. NetManage is headquartered in Cupertino and has offices worldwide. For more information, visit www.netmanage.com.

Note to Editors: NetManage, the NetManage logo, the lizard-in-the-box logo, RUMBA, ONESTEP, ViewNow, SupportNow, and OnWeb are either trademarks or registered trademarks of NetManage, Inc., its subsidiaries, and affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.

This press release contains, in addition to historical information, forward-looking statements that involve risks and uncertainties, including statements regarding improvement in the Company's competitive position, improvement in financial results and business pipeline, the Company's positioning in the eBusiness market, and the progress and benefits of the Company's execution on its business plan. The Company's actual results could differ materially from the results discussed in the forward-looking statements. The factors that could cause or contribute to such differences include, among others, that the markets for the Company's products could grow more slowly than the Company or market analysts believe that current worldwide economic downturn could continue or worsen, that the Company is unable to position itself to take advantage of growth in the eBusiness market, that the Company is unable to integrate or take advantage of its acquisitions successfully, or that the Company will not be able to take advantage of growth in the Company's target markets. In addition, there is no assurance that the Company will not suffer increased competitive pressures; and that corporate buying decisions will not be influenced by the actions of the Company's competitors or other market factors; or that the Company will continue to progress in the execution of its business plan. Additional information on these and other risk factors that could affect the Company's financial results is included in the Company's Annual Report on Form 10-K, Forms 10-Q, Forms 8-K and other documents filed with the Securities and Exchange Commission.