MUSE,
Did very well on a down day.Maybe it will have more movement next week when more people read the Merrill comments below.
Manny T.
Merrill Lynch Names Micromuse to 'Tech Upstarts' List
Leading Provider of Network Management Solutions Listed Among Next Generation of Tech Leaders
SAN FRANCISCO, Jun 7, 2001 (BUSINESS WIRE) -- Micromuse Inc. (Nasdaq: MUSE chart, msgs), the leading provider of realtime fault management and service assurance software, was named by Merrill Lynch as one of 25 Tech Upstarts - companies that will set the pace for technology stocks over the next few years. Based on a survey of 100 analysts worldwide, the list features companies that Merrill Lynch believes will become increasingly important. Merrill Lynch (NYSE: MER chart, msgs) is one of the world's leading financial management and advisory companies.
"We are pleased that Merrill Lynch has identified us as a company with overall strong growth potential," said Greg Brown, Micromuse's Chairman & CEO. "Our Netcool(R) software suite is positioned to address the challenges facing both service providers and enterprises in managing prevalent new networking technologies and Next Generation OSS platforms, such as wireless, broadband and optical. As we continue to grow, we will maintain our focus on developing solutions that meet our customer's increasingly complex realtime multi-platform management requirements."
Merrill Lynch said the companies selected were in focused, network-centric business sectors and were notable for their "disruptive technology" innovations. Other companies selected for the list include providers of eCommerce software, servers, and storage. Over time, Merrill Lynch expects each of these companies to become large-cap tech stocks.
About the Netcool(R) Suite
Micromuse's Netcool(R) software suite collects management data from more than 300 management environments and network devices, including voice, data and Internet. Fault data is rapidly processed and filtered by the Netcool ObjectServer(TM), an in-memory database. The Netcool suite helps operators to build views of service availability in realtime, helping them manage networks more efficiently. Because it is scalable and deploys rapidly, the Netcool suite helps service providers expand their networks as their markets grow.
About Micromuse
Micromuse Inc. (Nasdaq: MUSE chart, msgs) is the leading provider of realtime fault management and service assurance software. Micromuse's recent list of awards include the TeleStrategies OSS Excellence Award for Best New Product for the Netcool(R)/Visionary(TM) application, and Web Hosting Magazine Editor's Choice Award. In addition, Micromuse has been recognized in the Forbes 500, Bloomberg's Top 100 Stocks, the Barron's 500, Deloitte & Touche's Technology Fast 500, San Francisco Chronicle 500, Individual Investor's Index of America's Fastest Growing Companies and Network World's NW200. Micromuse customers include AT&T, BT, Cable & Wireless, Cellular One, Charles Schwab, Deutsche Telekom, Digex, EarthLink, ITC^DeltaCom, MCI Worldcom, One2One, Verizon, XO Communications and a number of financial investment concerns. Headquarters are located at 139 Townsend Street, San Francisco, Calif. 94107; (415) 538-9090. The Web site is at www.micromuse.com.
Micromuse and Netcool are registered trademarks of Micromuse Ltd. All other trademarks and registered trademarks in this document are the properties of their respective owners. Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties.
The factors that could cause actual future results to differ materially from the forward-looking statements include the following: fluctuations in customer demand, the Company's ability to manage its growth (including the ability to hire sufficient sales and technical personnel), the risks associated with the expansion of the Company's distribution channels, the risk of new product introductions and customer acceptance of new products; the rapid technological change which characterizes the Company's markets, the risks associated with competition, the risks associated with international sales as the Company expands its markets, and the ability of the Company to compete successfully in the future, as well as other risks identified in the Company's Securities and Exchange Commission Filings, including but not limited to those appearing under the caption "Risk Factors" in the Company's most recent Quarterly Reports on Form 10-Q and on Form 10-K on file with the Securities and Exchange Commission and available on the Company's Web site.
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