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INRANGE Selects Account4 to Optimize Service Delivery

Storage network leaders to streamline operations using
Account4's Web-based PSA software

Newton, MA – June 19, 2001 – Account4, pioneer of Web-based professional services automation (PSA), announced that INRANGE Technologies (NASDAQ: INRG), a leader in scalable storage network solutions, has selected Account4® software to manage its Global Solutions division. Identified in IDC's recent Storage Systems Report as likely to be the fastest growing storage networking company in 2001, INRANGE has posted consecutive record revenue quarters and has been aggressively expanding the scope of its services offerings. INRANGE will use Account4's innovative Internet-based solution to help manage key elements of its flourishing services business, such as contacts, clients, sales opportunities, services pipelines, engagements, consultants, status reporting, and invoicing.

"As INRANGE expands its presence in the market, our Global Solutions division is growing rapidly as it represents a key value for our customers," said Alan Bynder, INRANGE Vice President of Global Solutions. "After a comprehensive evaluation of PSA solutions, we selected Account4 based on its relevant feature set and proven track record of successful implementations. We anticipate Account4 — with features such as revenue forecasting and personalized digital dashboards — will help provide structure and visibility across our entire group, and contribute significantly to our goal of providing a wide range of technical services for our clients' most complex IT business challenges."

Account4 is designed to provide professional services organizations (PSOs) and corporate IT departments with a cost-effective means to create value through increased operational efficiency. The 100% Web-based solution provides a global view over all work and resources. Account4 connects all the critical people in the service supply chain — clients, employees, and suppliers — so that PSOs can share real-time information, react quickly, and make informed decisions.

"INRANGE's selection of Account4 is another indication of our position as a PSA market leader," said Dick Artus, Senior VP of Marketing, Account4. "With relevant functionality for embedded consulting groups and flexible thin-client technology, no other PSA solution helps maximize billable revenue while streamlining operations as effectively as Account4."

About INRANGE Technologies:
INRANGE Technologies (www.inrange.com) designs, manufactures, markets and services networking and switching products for storage, data and telecommunications networks. INRANGE products provide fast and reliable connections among networks of computers and related devices and are used in global 2000 businesses and other enterprises that operate large-scale and heterogeneous systems where open connectivity, reliability, and continuous availability are critical. INRANGE products are designed to be compatible with various vendors' products and multiple communication standards and protocols.

About Account4:
Account4® software is a complete PSA solution for professional services organizations (PSOs) and corporate information technology (IT) departments. It supports the core business processes associated with Business Development, Service Delivery and Administration, and helps these organizations successfully manage projects and increase the utilization, productivity, effectiveness, and retention of their workforces. Account4 was the first fully integrated, 100% Internet-based PSA solution. It offers a pure HTML user interface with no Java or ActiveX. For more than 14 years, Account4, Inc. (www.account4.com) has provided software and related consulting services to over 175 companies and more than 325,000 licensed users. Our premier customer base includes: Verizon, Kmart, SGI, Radio Shack, NSTAR, Mellon Bank, The Hartford, Chase Manhattan, CNA Insurance, INTRIA-HP, ConEdison, Viacom and FileNET.

Press Contacts: Account4

Jay Hakansson
(617) 964-1633 x237
jhakansson@account4.com
Jim McGeady
(617) 964-1633 x242
jmcgeady@account4.com

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