Motive announced significant market successes for the company's Motive HDM product

November 8, 2006

1 Min Read

AUSTIN, Texas -- Motive, Inc. (OTC: MOTV - News), a leading provider of broadband management software, today announced significant market successes, signing 18 new customers in the first nine months of 2006, extending relationships with existing customers, and bringing its total record to 14 wins in competitive tenders for the company's Motive Home Device Manager(TM) (HDM) product.

"The combination of new customer wins and existing customers choosing to invest in Motive Home Device Manager confirms that our strategy to focus on the needs of a single market sector - the communications industry - is working," said Alfred Mockett, Motive's chairman and chief executive officer. "This achievement - along with recent key management appointments - clearly demonstrates our continued focus on our business as we complete the restatement." As announced April 3, 2006, Motive is restating its financial results for periods dating back to 2001. The company said in an October 16, 2006 filing with the Securities and Exchange Commission that it may not make its November 30, 2006 target date for completing the restatement.

"Motive remains resolutely focused on our business during the restatement process, as evidenced by our strong achievements over the past nine months," Mr. Mockett said. "We are committed to addressing all past accounting issues and putting them definitively behind us. At the same time, we have retained our strategic focus and continue to advance our leadership position within the broadband industry."

Motive

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