BMC Software Delivers AppSight 6.0 Solution

Extends market lead of the most comprehensive and deep application problem resolution technology ever developed for Microsoft Windows and .NET

TECH•ED 2006 and NEW YORK, June 13, 2006 - BMC Software today released BMC AppSight 6.0, the industry’s first problem resolution solution optimized for production application challenges in Microsoft development environments.

BMC AppSight 6.0 automates and accelerates the tasks of application problem resolution—one of the most time-consuming and costly processes of application lifecycle management. BMC acquired Identify Software Ltd., the creators of AppSight, last month.

BMC AppSight 6.0 leverages patented Black Box software to record application execution and capture a synchronized, real-time log of user actions, system events, performance metrics, configuration data, and code execution flow. Operating much like the “black box” flight recorder on an aircraft, AppSight automates manual information gathering, completely eliminates problem recreation, and provably accelerates the root cause analysis process by as much as 80 percent.

With a powerful, yet easy-to-use, rules mechanism, BMC AppSight 6.0 allows users to pre-define various performance and functional application problems. Rules may be applied to Web pages, Web services, components, database queries, crashes, and more. When problems occur, BMC AppSight 6.0 alerts the application manager and records full, accurate problem data by automatically switching to a detailed recording mode. The solution combines application health monitoring with automated capture of problem instances to ensure that application problems are not only detected as soon as they occur, but also that they are resolved as quickly as possible.

“BMC AppSight 6.0 sets a new industry standard,” said Yochi Slonim, BMC Software’s vice president and general manager, Transaction Management. “Our seamless integration into Microsoft's development environment makes it even easier for Microsoft customers to automate their problem resolution processes. It also adds a vital dimension of application insight and problem resolution technology that enables the extended development team to efficiently build and deliver high-quality software, and effectively support those applications when deployed in the production environment.”

BMC AppSight 6.0 also offers a robust set of new targeted root-cause analysis capabilities with pre-defined analysis perspectives to provide even novice users with the targeted information set needed to resolve the most common problem types: configuration errors, performance issues, and end-user mistakes.

BMC AppSight 6.0 supports the most recent releases of key Microsoft development technologies, including the .NET Framework 2.0 and SQL Server 2005. In addition, the solution is integrated with Microsoft Visual Studio 2005, and Microsoft Visual Studio 2005 Team System.

About BMC AppSight
BMC AppSight, the industry-leading application problem resolution system, is helping over 500 enterprises and software vendors speed application delivery, increase application quality, performance, and availability, and reduce application support costs. BMC AppSight was created by Identify Software Ltd., which was acquired by BMC in May 2006. For more information about BMC AppSight, please visit www.identify.com or call 800.364.5467.

About BMC Software
BMC Software [NYSE: BMC] is a leading global provider of enterprise management solutions that empower companies to manage IT from a business perspective. Delivering Business Service Management, BMC solutions span enterprise systems, applications, and database and service management. Founded in 1980, BMC posted fiscal 2006 revenues of more than $1.49 billion. For information, visit www.bmc.com.

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This press release contains forward-looking statements that involve risks and uncertainties concerning BMC Software's acquisition of Identify Software Ltd., BMC Software's expected financial performance (including without limitation as described in the quotations from management in this press release), as well as BMC Software's strategic and operational plans. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. Potential risks and uncertainties regarding the acquisition include, among others, the conditions to closing the acquisition such as regulatory approvals and the acceptance of BMC’s offer by Identify’s shareholders, the reaction of customers of BMC Software and Identify to the transaction and BMC Software's ability to successfully integrate Identify's operations and employees. More information about potential factors that could affect BMC Software's business and financial results is included in BMC Software's Annual Report on Form 10-K for the fiscal year ended March 31, 2005 which is on file with the Securities and Exchange Commission (the "SEC") and available at the SEC's website at www.sec.gov.