SOURCE: NetworkD Group

February 22, 2007 08:00 ET

NetworkD Group Closes $3.67 Million Dollar Software Transaction

NEWPORT BEACH, CA -- (MARKET WIRE) -- February 22, 2007 -- NetworkD Group, the number one global provider of Infrastructure Management Software and Business Process Solutions, today announced that is has closed a large software sale valued at $3.67 million dollars with a Fortune 100 diversified technology and manufacturing leader. The transaction includes LANDesk Software and implementation, training, and support services.

"Our reputation for depth of talent, quality, and service has placed us in the enviable position of quoting on a series of very large LANDesk opportunities... Our sales momentum continues at a record pace, and we look forward to announcing a record fiscal year for 2007," commented Gene Kim, Global VP of Sales at NetworkD.

About NetworkD

Established in 1996, NetworkD is a leading provider of IT Service Management Solutions to enterprise organizations worldwide. Focusing on solutions that take the best of ITIL and operational best practices, NetworkD offers best-of-breed solutions in the areas of Asset Management, Desktop Management, Service Desk Management, Security and Patch Management, Server Management, and OS deployment. With a reputation for innovative solutions and technologies, NetworkD has over 5,000 clients globally and has been honored with over 75 awards. Headquartered in Newport Beach, Calif., NetworkD has an established presence throughout the United States, United Kingdom, France, and Germany. Visit www.networkd.com for more information.

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. All forward-looking statements attributable to NetworkD Group or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

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