Indus International Joins Nuclear Energy Institute

Indus International Inc. (NASDAQ: IINT), the leading global supplier of enterprise asset management (EAM) software and services(1), today announced the company has joined the Nuclear Energy Institute (NEI), the policy organization of the nuclear energy and technologies industry. As the first EAM software vendor to join the NEI, Indus will collaborate with nuclear utilities and other member organizations on technology standards supporting best business practices which will benefit nuclear companies across the industry.

"We are pleased to have Indus as a member of NEI," said Vince Gilbert, senior project manager for Performance Improvements at NEI. "Indus solutions are used by nuclear facilities to drive operational excellence, so having them participate in our industry initiatives is a welcomed addition."

"Indus is proud to participate in the important mission of the Nuclear Energy Institute, working with NEI members to deliver operational excellence in the nuclear industry," said Indus Chairman and CEO Tom Madison. "Indus has developed leading technology which supports the best business practices of leading nuclear companies around the globe. By combining our experience with the collective expertise and knowledge of the NEI, we will create and refine technology standards which will help make the nuclear industry the standard bearer for productivity, safety and efficiency."

Utilization of Indus technology to implement best business practices is not new in the nuclear industry. Approximately 80 percent of the nuclear power generated in North America is generated by plants managed with Indus solutions. And, NEI best business practices, as stipulated by the standard nuclear performance model (SNPM) have been benchmarked within PassPort implementations throughout the U.S. The companies' membership in the NEI will allow Indus to actively participate in the NEI information technology business practice initiative to help further drive operational excellence through the SNPM.

"Indus is more than a software company; we're a partner, helping our customers address specific needs and achieve their business goals," said Madison. "As a member of the NEI, we will expand this partnership with the nuclear industry to demonstrate the significant benefits that can be achieved by facilitating best business practices through asset management technology."

About NEI

The Nuclear Energy Institute is the policy organization of the nuclear energy and technologies industry. NEI's objective is to ensure the formation of policies that promote the beneficial uses of nuclear energy and technologies in the United States and around the world. NEI also provides a forum to resolve technical and business issues for the industry. NEI has more than 260 corporate members in 15 countries. More than 4,000 industry professionals participate in NEI activities and programs, providing NEI broad industry representation and enabling NEI to focus industry expertise on crucial policy matters. NEI has its headquarters in Washington, D.C., and a staff of about 120 employees and is governed by a 60-member board of directors.

About Indus International

Indus International is the world's only company offering a full range of asset management solutions that are global across all industries and scalable to diverse business sizes. Indus is the market-leading supplier of EAM software and services, according to ARC Advisory Group's EAM/CMMS Solutions Worldwide Outlook. Indus software products, professional services and hosted service offerings improve our clients' profitability by allowing them to better manage their assets - reducing costs, increasing capacity and competitiveness and ensuring regulatory compliance. Indus solutions are used by more than 300,000 end users in more than 40 countries and diverse industries - including manufacturing, utilities, telecommunications, government, education, transportation, facilities and property management, consumer packaged goods and more. For more information, visit our Website at www.indus.com.

Safe Harbor Statement

Statements in this press release that are not strictly historical, including but not limited to statements regarding Indus' market position, customer base and the impact on future financial results, are ``forward-looking'' statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include the uncertainty regarding viability and market acceptance of the Company's products and services, the ability to complete software development plans in a timely manner, changes in relationships with third parties, product mix sold by the Company and other factors described in the Company's most recent periodic filings with the Securities and Exchange Commission, including its 2001 Annual Report on Form 10-K filed on April 1, 2002, and subsequent filings on Form 10-Q.