Accrue Software Completes Acquisition of NeoVista Software

Accrue Software, Inc. a provider of Internet enterprise software solutions, announced that it has completed its acquisition of NeoVista Software, a privately held company with data mining applications and services.

Under the terms of the acquisition, NeoVista became a wholly owned subsidiary of Accrue Software, effective January 17, 2000. NeoVista's outstanding stock has been exchanged for approximately 2.34 million shares of Accrue common stock. Jonathan Becher, NeoVista's president and chief executive officer, assumes the role of vice president of product strategy for Accrue.

For more information, visit http://www.accrue.com.