Nimsoft - Press Release - Nimsoft Named to JMP Securities’ “Hot 100” Privately Held Software Companies

Nimsoft Named to JMP Securities' "Hot 100" Privately Held Software Companies

Redwood City, Calif. – May 29, 2008 – Nimsoft Inc., the “Big 4” alternative for IT performance and announced today that it has been named in the JMP Securities' 2008 report, "Hot 100: The Best Privately Held Software Companies." The report profiles 100 of the leading private companies in the software industry, as identified by JMP Securities' software research team. After exceeding expectations in 2007, Nimsoft has continued to set a record pace in 2008 with strong momentum in new bookings, recurring revenue and customer growth.

“It is an honor to be recognized by JMP Securities as one of the Top 100 privately held technology companies” said Gary Read, President and CEO of Nimsoft. “We remain focused on providing our customers with solutions they need to grow their business while maintaining a strong financial position ourselves.”

Nimsoft recently announced record results for the first quarter of 2008. New bookings rose 71 percent year over year, and recurring revenue, driven by an increasing amount of subscription business, jumped 83 percent when compared to the same quarter last year. Furthermore, Nimsoft added 27 brand new name customers, bringing the total customer count to 643 in 30 countries.

Earlier in the year, Nimsoft acquired Indicative Software in a move to increase business service management (BSM) and end-user response time monitoring capabilities to its widely accepted solutions for network monitoring, server monitoring, database monitoring, application monitoring and service level management (SLM). With the acquisition, Nimsoft is able to deliver the future of IT performance and availability monitoring, with solutions that provide a rapid return on investment, are easy to implement and use, and deliver complete customer satisfaction.

About Nimsoft
Nimsoft provides next generation performance and availability monitoring solutions for the complete physical and virtualized IT infrastructure. The Nimsoft solutions redefine the standards for ease of use and speed of deployment - providing outstanding return on investment and unparalleled customer satisfaction. Over 640 customers in 30 countries rely on Nimsoft solutions to monitor their IT based business applications and services. These customers include mid-market and global organizations, such as Barclays Capital and Amway Corporation, Bay Area Rapid Transit, Ladbrokes, MTU Aero Engines, TriNet, TRW Automotive, and hundreds of leading managed service providers such as CDW Berbee, Easynet and Rackspace Managed Hosting. For more information, visit www.nimsoft.com.

Nimsoft and the Nimsoft logo are trademarks or registered trademarks of Nimsoft Inc. All other company and product names may be trademarks or registered trademarks of their respective companies.

For more information:

United States
Stephanie Xavier
Nimsoft, Inc.
Phone: +1 650 931 1133

EMEA
Ajay Nawathe
Nimsoft Ltd.
Phone: +44 1932 577 770

Scandinavia
Dag Lund
Nimsoft AS
Phone: +47 2262 7149

"With a single tool we can now provide a complete end-to-end picture of all components of an application and their integrated performance versus the straight-line, element-focused approach from before.

Because of NimBUS' easy drag-and-drop templates, we were able to cut down migration time considerably, get customers up and running with new NimBUS monitoring quickly and turn off the old systems. IntelliNet was able to convert all of its customers to NimBUS in less than 6 months."

Nimsoft Press Release

Nimsoft Named to JMP Securities' "Hot 100" Privately Held Software Companies