Portuguese Consumer Credit Company Reduces Business Costs and Risks With NetManage OnWeb

OnWeb Web-to-Host Webifies Credifin (Laser Group), Increasing Service Level for End Users and Freeing Workers to Carry Out Face-to-Face Activities


MADRID, Spain and CUPERTINO, Calif., June 3, 2008 (PRIME NEWSWIRE) -- NetManage, Inc. (Nasdaq:NETM), a software company that provides the fastest way to transform legacy applications into new Web-based business solutions, today announced that Credifin (Laser Group), a Portuguese company that specializes in consumer credit, has chosen NetManage's OnWeb(r) solution to reduce the costs and the risks of developing Web interfaces.

Credifin's Risks Department identified that the company needed to be able to query an external database available only through a Mainframe. Credifin chose OnWeb because it offered the easiest and fastest way to construct Web Services.

After carrying out a proof of concept with the OnWeb Web-to-Host solution, the full OnWeb implementation lasted 40 days, due to the complexity of the task and the need to control transactions. The application is currently in production and after only one month of operation, and more than 15,000 requests, OnWeb has already saved Credifin the time equivalent to the work of four full-time employees.

"OnWeb integrated into our platforms without any problems. We decided to create an independent environment for the system, only because we foresee an increase in the number of transactions, in the future, that will require us to be able to convert to Web solutions with other host environments (Mainframe, AIX or AS/400)," explains Jose Dias Cardoso, Credifin's Director of Information Systems.

Credifin is currently reducing the direct use of their Mainframe system, migrating to Web Services and integrating the invocation of Mainframe transactions directly with the CRM. Using OnWeb in their business strategy, allows Credifin to reduce future costs and risks.

"The development costs of applications with Web interfaces would be higher and would take longer if we were not able to use a tool like OnWeb," stated Jose Dias Cardoso, Credifin's Director of Information Systems. "Thanks to this solution, creating applications based on Java or .NET is much faster. OnWeb freed us from using green screens, while still allowing us to use the applications which already existed in the Mainframe."

Additionally, the implementation of OnWeb automatically enables the final user to increase the service level and to carry out face-to-face sales activities of products or to establish contacts with points of sale.

"NetManage enables companies to leverage their legacy assets and will continue to serve its diverse customer base with flexible and robust enterprise information solutions that answer business-critical needs," said Zvi Alon, chairman, president and chief executive officer at NetManage, Inc. "Thanks to the flexibility and simplicity of OnWeb Web-to-Host, companies like Credifin can streamline business processes, while reducing costs and risks, and ultimately provide its customers with a superior online experience."

About Credifin

Credifin, a consumer credit bank, is a subsidiary of the Laser Group. Active throughout the Portuguese market since 1990, Credifin is a specialist in the various forms of consumer financing. Credifin's mission is to be the bank of reference for all aspects of consumer financing, loyalty programs and methods of payment, through a comprehensive global offer. For more information please visit www.credifin.pt

About NetManage

NetManage, Inc. (Nasdaq:NETM) is a software company that provides the fastest way to transform legacy applications into new Web-based business solutions. More than 10,000 customers worldwide, including the majority of the Fortune 500, have chosen NetManage for mission critical application integration. For more information, visit www.netmanage.com.

NetManage, the NetManage logo, the lizard-in-the-box logo, Incremental SOA, OnWeb, Librados, RUMBA, ONESTEP, ViewNow, SupportNow, Chameleon and Chameleon design, are either trademarks or registered trademarks of NetManage, Inc. in the United States and/or other countries. All other trademarks are the property of their respective owners.

The NetManage logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2691

This press release contains, in addition to historical information, forward-looking statements that involve risks and uncertainties, including statements regarding improvement in the Company's competitive position, improvement in financial results and business pipeline, the Company's positioning in its market, and the progress and benefits of the Company's execution on its business plan. The Company's actual results could differ materially from the results discussed in the forward-looking statements. The factors that could cause or contribute to such differences include, among others, that competitive pressures continue to increase, that the markets for the Company's products could grow more slowly than the Company or market analysts believe, that the Company is unable to integrate or take advantage of its acquisitions successfully, or that the Company will not be able to take advantage of growth in the Company's target markets. Additional information on these and other risk factors that could affect the Company's financial results is included in the Company's Annual Report on Form 10-K, Forms 10-Q, Forms 8-K and other documents filed with the Securities and Exchange Commission.


            

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