Nuvo Network Management Inc.

Nuvo Network Management Inc.

March 22, 2005 08:00 ET

NUVO Wins Contract with European Multi-National: Subscription-Based Performance Management Solution for Worldwide Network


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: NUVO NETWORK MANAGEMENT INC.

TSX VENTURE SYMBOL: NVO

MARCH 22, 2005 - 08:00 ET

NUVO Wins Contract with European Multi-National:
Subscription-Based Performance Management Solution for
Worldwide Network

OTTAWA, ONTARIO--(CCNMatthews - March 22, 2005) - NUVO Network
Management Inc. (TSX Venture:NVO), a leading managed services provider
for solutions that Maximize IT® availability and performance for
business profitability, announces that it has been selected to provide
NUVO's performance management solution for the worldwide network -
distributed over 1,500 locations - of a European multi-national
enterprise.

NUVO will be leveraging its IT performance reporting to provide a
subscription based software solution to assess performance effectiveness
and provide decision assist on the WAN infrastructure.

"NUVO was selected because of our ability to rapidly deploy and provide
the analysis and reporting required," said Phil Weaver, President and
CEO. "Our solution provides a hassle-free operation with no capital
costs."

NUVO's performance management solution allows customers to maximize
value from their IT infrastructure, addressing health monitoring,
utilization, availability, and trending. The performance information
assists in root cause analysis, capacity planning, network tuning, and
SLA enforcement to minimize downtime and maximize performance.

Analyst group, IDC, forecasts that the performance management market
will experience a compound annual growth rate of 11.2 percent for the
period from 2003 through 2008 to $2.1 billion.

About NUVO

NUVO provides remote management and protection of IT infrastructures for
businesses worldwide to maximize the availability of their computing
infrastructure. NUVO enables our customers to excel by delivering fully
integrated, proactive management services and business data. This
provides the critical information needed for effective analysis and
decision-making to maximize performance and control costs. NUVO achieves
this through certified experts, best-of-class technology, deep
integration, highly automated processes, and best practices in a 24x7,
resilient infrastructure. www.nuvo.com.

Forward Looking Statements

Certain statements included in this press release are forward-looking
and are subject to certain risks and uncertainties. The results or
events predicted in these statements may differ materially from actual
results or events. Factors that may cause results or events to differ
from current expectations include, but are not limited to, those set out
on NUVO's website at http://www.nuvo.com/news/fls.html.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    NUVO Network Management Inc.
    Gary Gudbranson
    Vice President, Marketing
    (613) 726-5012
    marketing@nuvo.com
    The TSX Venture Exchange has neither approved nor disapproved the
    content of this press release.