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Tranxition partner enteo and FrontRange Merge: Sights Set on IT Asset Management

PC Lifecycle Management and IT Service Management to be integrated in one portfolio to address customer demand for consolidated IT Asset Management.

March 12, 2007 -- Tranxition partner enteo Software GmbH, one of the leading producers of solutions for software configuration and system management, has been acquired by the US company FrontRange Solutions Inc.

The merger is a reaction on the part of both companies to growing demand for proactive comprehensive management of IT resources: Combining PC Lifecycle Management and IT Service Management (ITSM) into one highly-integrated product range will allow customers to benefit in the future from efficient complete solutions for IT Asset Management. The merger of enteo and FrontRange is thus the starting shot for another decisive expansion of their international market position.

Set the Controls for Growth
IT is confronted with the challenge of implementing changes in companies more easily, more quickly and more robustly. FrontRange will bring in its expertise in change management (ITSM) and enteo its expertise in rules-based change implementation. The entire company will thus be optimally positioned to transform into a ‘Real Time Enterprise’ within the next few years and to take advantage of the potential that lies therein.

The merger creates additional strategic advantages: The FrontRange sales organization will give enteo superb access to markets where it has been underrepresented until now, such as the Asian market. enteo sales in the USA and Germany will also profit. FrontRange in its turn will have gained a partner that leads in its segment of the important German market.

Continuity During Restructuring
enteo and FrontRange are putting great emphasis on maintaining continuity in company relations to customers and Channel and Technology Partners. The changes to management in Germany will not affect in any way the existing communications and collaboration between enteo and its partners. Furthermore, the enteo site near Stuttgart will continue to be the development and competence center for PC Lifecycle Management.

Innovation Advisors, a technology focused, New York-based investment bank, advised enteo and FrontRange during their acquisition.

About enteo Software
enteo Software is a leading manufacturer of system management solutions. The company offers one of the most comprehensive product portfolios in this sector. This includes software distribution and installation, automated hardware and software inventories as well as PC remote access.
Using enteo solutions is proven to reduce operating costs and brings a fast return on investment. Thanks to modern security technology, networks are effectively protected from both internal and external risks. The highly scalable software adapts to every situation and provides flexible support to companies during growth and expansion phases.

About FrontRange Solutions
FrontRange Solutions develops award-winning software and solutions used by more than 130,000 companies and over 1.7 million seats worldwide to manage a wide variety of business relationships and provide exceptional service. FrontRange product families are designed to optimize customer investment by their interoperability, specifically for mid market, small-to-medium-enterprise (SME) and distributed enterprise organizations. Solution families are defined by three customer-centric market areas: Customer Relationship Management (CRM) including GoldMine®; IT Service Management including the HEAT®, ITSM and Infrastructure Management product lines; and Communication Interaction Management, including IP Office, GoldMine® IP Voice Suite and IP Contact Center.

For more information please go to: http://www.enteo.com/

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