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Nimsoft Appoints Mark Harris as CFO
Financial Executive Recruited to Help Propel Rapid Corporate Expansion

San Mateo, California - October 11, 2006 - Nimsoft Inc., the leading provider of Service Level Management (SLM) solutions, today announced that Mark Harris has been appointed the company's Chief Financial Officer. Bringing more than 20 years of experience, much of it spent in executing successful capital-raising efforts to propel corporate expansion, Harris will provide pivotal leadership for Nimsoft's continued growth.

"As Nimsoft moves into its next stage of business expansion, it's imperative that we enlist a CFO to direct our financial planning and budgeting and to help us manage our corporate financial goals," said Gary Read, Nimsoft President & CEO. "I am confident that with his breadth of knowledge and extensive experience, Mark will provide the strong financial leadership we require as we rapidly scale our market leadership in SLM. And as analysts initiate and expand coverage of Nimsoft, Mark will also take an active role in communicating corporate performance to this important community of industry influencers."

Mark Harris commented, "I am delighted to have the opportunity to join Nimsoft's excellent executive team and I look forward to making significant contributions to the business as Nimsoft grows market share for its cutting-edge, comprehensive Service Level Management solutions."

Before joining Nimsoft, Harris was CFO of Miami-based DSLi, a VoIP company, where he was responsible for the funding and financial management of operations that provided a seven-fold growth in revenues. Previously, as CFO of Riversoft Plc, a company providing network management software solutions, Harris led one of the fastest Initial Public Offerings in the history of the London Stock Exchange, raising $160m. During his time at Riversoft, the 20-person company grew to over 300 employees, raised four rounds of venture capital funding and secured financing led by industry partners Cisco, Intel and Hewlett-Packard. In addition to contributing to the development of the corporate strategy at Riversoft, Mr. Harris' responsibilities included building a financial function capable of complying with the reporting and internal control requirements of UK publicly listed companies under the Combined Code and the Turnbull Report. These Corporate Governance concepts for UK businesses preceded the Sarbanes-Oxley Act.

Prior to joining Riversoft Harris held a number of financial management positions at Credit Suisse First Boston and Salomon Smith Barney. His responsibilities included financial reporting, systems management and external liaison with the SFA (the UK equivalent of the SEC).

Harris was top of his graduating class and has a First Class Honors Degree in Mathematics. He qualified as a Chartered Accountant in London, where he spent six years with Deloitte & Touche providing audit, corporate and accounting services to a varied portfolio of private and public companies.

About Nimsoft

Nimsoft is the premier provider of business-focused service level management solutions that customers can easily deploy and use. The company's Service Level Management solutions - NimBUS - are used by hundreds of companies across diverse industries to manage complex networked systems and meet service level agreement targets. Nimsoft solutions combine advanced SLM functionality and broad platform coverage with unprecedented ease of implementation, deployment and use.

NimBUS, Nimsoft and the Nimsoft logo are trademarks or registered trademarks of Nimsoft Inc. All other company and product names may be trademarks or registered trademarks of their respective companies.
© 2006 Nimsoft Inc. all rights reserved.

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