Peregrine Systems® Webcast to Explore Ways to Ensure Compliance and Optimize Software and Hardware Costs


New Enterprise Discovery 2 Suite to Be Demoed

SAN DIEGO, July 18 -- Peregrine Systems®, Inc. , a leading provider of IT asset and service management software, will host a live webcast that explores how to optimize IT asset costs on Tuesday, July 19 at noon ET/9 a.m. PT. Featured in the webcast is a demonstration of Enterprise Discovery 2, Peregrine's new application suite that enables IT to automatically discover, inventory and better use all hardware, software and network devices.

Matt Schvimmer, director of product marketing, and Todd Bashor, an asset management expert and member of Peregrine's product enablement team, will host the event and lead the product demonstration. Attendees will learn how to:

o Establish the foundation and ongoing management of an effective CMDB

o Reduce compliance risk by identifying all deployed software

o Optimize software licenses and chargebacks based on actual utilization information

"While many products can collect raw data about various network assets, Enterprise Discovery 2 is unique in its ability to centralize this process across the enterprise, associate the data in a way that is meaningful to IT operational processes and provide closed-loop validation that's required for managing a CMDB," said Craig Macdonald, vice president of product marketing and product management at Peregrine.

Enterprise Discovery 2 -- which is a core set of applications in Peregrine's Asset Tracking, Expense Control and Service Establishment solutions -- supports customers who are seeking to standardize and consolidate discovery and inventory of IT assets, including software asset management initiatives. The product suite identifies and inventories more than 15,000 software titles, as well as supplying detailed software utilization information. Three interconnecting products, which include Device Discovery, Inventory and Software Utilization, deliver information critical to improving hardware and software use, reducing asset costs and improving IT labor efficiencies.

To join the webcast, please go to www.peregrine.com and click on the "Live Webcast" link at the bottom of the page.

About Peregrine Systems

Peregrine Systems, Inc. develops enterprise solutions that enable organizations to address specific business problems and evolve their IT service and asset management practices for reduced costs, improved productivity and service, and lowered risk. The company's IT asset and service management software solutions include: Asset Tracking, Expense Control, Process Automation, Service Establishment, Service Control and Service Alignment. These solutions make it possible for IT organizations to maintain a changing IT infrastructure, manage their relationships with end-users and service providers, and gain greater visibility into how their IT investments are performing. The Peregrine Evolution Model provides a roadmap for companies that want to systematically evolve the sophistication and effectiveness of their IT operating practices.

Founded in 1981, Peregrine has sustained a longstanding tradition of delivering solutions with superior functionality to a broad segment of the global enterprise customer market. Headquartered in San Diego, Calif., the company conducts business from offices in the Americas, Europe and Asia Pacific. For more information, please visit: www.peregrine.com.

Peregrine Systems and Enterprise Discovery 2 are registered trademarks of Peregrine Systems, Inc. All other marks are the property of their respective owners.

For further information, please contact: Wendy Hynes, +1-415-593-8444, wendyh@text100.com, for Peregrine Systems, Inc.

CONTACT: Wendy Hynes, +1-415-593-8444, wendyh@text100.com, for Peregrine Systems, Inc.

Web site: www.peregrine.com/

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