5th January, 2004

ProdexNet's NetGather enters new vertical - Oil and Gas

ProdexNet announced today that it has closed its first customer in the Oil and Gas vertical. This multinational company, with geographically dispersed operations, is going to use NetGather to understand how their IT infrastructure impacts their various businesses and locations. "The Oil and Gas industry is a new vertical for us. We are pleased to prove that NetGather is able to provide as much, if not more value in this new vertical, as compared to the other verticals it has been deployed in." said Sujatha Bodapati, President of ProdexNet. NetGather will be used in conjunction with their Enterprise Network and System Management suite of applications to provide visibility for their upper management.

About ProdexNet

ProdexNet is a leading global provider of network management and reporting solutions, which help customers, manage their networks better. Founded in 1996 ProdexNet has provided its network and systems management expertise to Fortune 1000 corporations including HP, Computer Associates, 3Com and Canon.

ProdexNet's reporting solution - NetGather - monitors, analyzes, correlates and provides interactive or batch mode reports on the availability, performance and quality of service of network infrastructure elements including networks hardware like servers, routers, hubs, switches; applications like HP Openview, Remedy Helpdesk, Quest iWatch and databases like Oracle and SQL Server.

ProdexNet's target customers include Enterprises, Application Service providers (ASP's) and Management Service Providers (MSP's) Internet service providers (ISP's) that have a substantial investment in their IT infrastructure and want to maximize the ROI on it. For more information about the company and NetGather, please visit www.prodexnet.com.

NetGather is a registered trademark of Prodexnet.

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