The New Precise to Redefine Application Performance Management

REDWOOD SHORES, CA--(Marketwire - September 17, 2008) - Precise today officially launched under new leadership as an independent company. Precise products are designed for resolving and preventing transaction performance problems for more than 1,500 customers worldwide. The new Precise is led by former Broadbase CEO and Benchmark Capital partner, Mark Kremer, and a proven executive team formerly from Mercury, Wily Technology, EMC and Oracle. The new leadership team leverages years of industry experience, passion and customer success to bring innovation back to application performance management.

"The rise of the machine is now. More machines are handling more business transactions with less human intervention. Transaction performance is now de facto business performance," said Precise CEO Mark Kremer. "Businesses need a different approach to help guarantee transaction performance. With a world-class customer base, new management team and focus, Precise is poised to lead the charge."

Precise Transaction Performance Management (TPM) is a fresh approach to the age-old application performance problem. Precise's breakthrough product line delivers a common transaction model, automated problem resolution and trend-based problem prevention. Precise customers get unprecedented transaction transparency, fastest time-to-repair and game-changing problem prevention.

Precise's innovation and value has been recognized by loyal customers worldwide who count on Precise every day to deliver repeatable, predictable business results. Precise customers are industry leaders in financial services, telecommunications, global IT, consumer electronics, manufacturing and public services.

"Our applications are critical to the success of our company," said Matt Walls, director of IT operations at Gevity, an HR solution provider. "Precise helps us create an excellent customer experience. We're excited to have the experienced Precise team as our transaction performance partner."

About Precise

Precise helps companies prevent application performance problems with innovative Transaction Performance Management (TPM) solutions. Precise TPM delivers transaction transparency, fastest time-to-repair and game-changing problem prevention to over 1,500 customers worldwide. Precise has 18 years of expertise delivering application performance products for all major packaged applications (SAP, Oracle eBusiness Suite, PeopleSoft, Siebel), custom applications (J2EE, .NET) and databases. For more information about Precise, visit www.precise.com.