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OVERTONE SOFTWARE, INC. REPORTING SOFTWARE TO COMPLEMENT MANAGETONE 2004™

BETHESDA, Maryland --- June 1, 2004. Overtone Software, the leading developer of information life cycle management (ILM) products, launched the company's ManageReports 2004™, designed to provide real-time graphical views and statistical intelligence on organization's data assets.

Mark R. Anderson, Executive Vice President and Chief Operating Officer, Overtone Software, explained how the product was created in response to customer demand.

"Our ILM vision calls for tools that examine data from the information viewpoint, consolidate reporting and reduce time to business intelligence. Manage Reports2004™ was developed to provide granular and global reports by user, host, volume, enterprise. A single copy of ManageReports 2004™ searches and analyzes all accessible hosts and volumes in the enterprise and supports all major disk platforms," he added.

Overtone Software ManageReports 2004 ™ allows organizations to make rapid decisions regarding scheduling and placement of resources and integrates with Overtone Software Lifecycle Products for immediate response. ManageReports 2004™ classifies data assets based on file type, size, age, access, source, trends, and performs searches across major disk platforms: EMC, Hitachi, IBM, HP, Network Appliance, Xiotech, accessing from a single copy on the network.

ManageReports 2004™ provides administrators with actionable intelligence that can be immediately configured into a lifecycle response--- move, retrieve, mirror, lock, duplicate, delete--- in Overtone Software's ManageTone™ 2004 Lifecycle Suite. Managing enterprise data requires significantly more resources than previously anticipated: data must be available, easily accessible, and compliant with a new generation of regulations that encompass literally scores of industries. Both HIPAA and Sarbanes Oxley require extensive data preservation and specific procedures for data disposal.

Overtone Software, Inc., was founded in 1998 by a group of storage-experienced engineers and entrepreneurs on the vision that converging of data growth rates and regulatory compliance requirements would redraw storage paradigms and require new solution sets --such as data lifecycle management, report and search tools, and database archiving --- and to provide enterprise computing environments with "finishing touch" software products for best-of-breed solutions. Overtone Software is headquartered in Bethesda, MD. For more information, please visit the website (www.overtonesoftware.com).

Contact: Arlyn Stokes
Overtone Software
(301) 280-5902
astokes@otsw.com

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