RiverSoft Posts Q1 Results

LONDON -- RiverSoft plc (LSE:RSFT.L), a leading networkmanagement software provider, todayannounces its results for the quarter ended 31March 2001.The company continues to execute against itsstrong product strategy of populating themarketplace with its network managementoperating system and fault managementapplication. In conjunction with the company'searnings announcement, RiverSoft announces anumber of measures designed to accelerate thedrive to profitability and reiterates guidance forrevenues in 2001.

First Quarter Highlights:

-- Total revenue of(pound)2.6 million,representing growth of1,467% annually over Q1 2000 and 13%sequentially over Q4 2000
-- Operating loss(pound)9.3 million, an 18%reduction from Q42000
-- First customer shipment of production releaseof RiverSoftNMOS and RiverSoft Fault Manager 3.0 to anumber of US andEuropean customers

http://www.riversoft.com/pressreleases/q1_results_may_2_2001.htm