Mercury plans to integrate its industry-leading application management
offerings with Peregrine's best-of-breed IT asset and service management
software. "In order to meet the promise of ITIL, many companies are
blending the best mix of problem resolution and change management technologies
with a federated configuration management database (CMDB) approach.com/about-us/synergy05/index. Headquartered in San Diego, Calif. Additional
information on MRO Software can be found at http://www.

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"
As part of this agreement, Mercury and Peregrine will collaborate to help
customers:

-- Establish an end-to-end change management process: customers can use
Mercury IT Governance Center(TM ) in conjunction with Mercury
Application Mapping(TM) and Peregrine ServiceCenter(R) to prioritize
and manage IT change requests, conduct what-if business impact
analysis, and automate deployment of changes;
-- Establish a federated CMDB: customers can share configuration data
between Peregrine Active CMDB and Mercury Universal CMDB about IT
assets, application elements, and the complex relationships between
technology components;
-- Improve IT service continuity and reduce mean time to resolution
(MTTR): customers can leverage the integration between Mercury
Business Availability Center(TM) and Peregrine ServiceCenter to quickly
determine the business impact of an IT problem and prioritize and
accelerate the problem resolution process; and
-- Manage end-to-end IT service levels: customers can use the integrated
Mercury Business Availability Center and Peregrine ServiceCenter to
gain visibility, manage, and report on IT services including service
level agreements (SLAs) and operational level agreements (OLAs).com.
MXES combines asset and service management functionality with an
IT infrastructure library (ITIL)-based solution for IT Asset
Management (ITAM) and Service Desks.

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Customers worldwide rely on Mercury
offerings to govern the priorities, processes and people of IT and test and
manage the quality and performance of business-critical applications. The potential risks and uncertainties include, among other things:
1) the failure of Mercury products and product enhancements to meet customers'
expectations, needs or perform as described; 2) the continuation of Mercury's
relationships; 3) the dependence of Mercury's financial growth on the
continued success and acceptance of its existing and new software products and
services, and the success of its BTO strategy; 4) the ability to increase
sales through our indirect channels; and 5) intense competition for Mercury's
products and services.

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(OTC: PRGN), a leading provider of IT asset and service management solutions,
announced a strategic agreement to help customers improve the business value
of IT operations. As part of this agreement, the companies plan to market and
sell a set of Information Technology Infrastructure Library
(ITIL(R))-compliant IT service management (ITSM) offerings. The Peregrine
Evolution Model provides a roadmap for companies that want to systematically
evolve the sophistication and effectiveness of their IT operating practices.

FORWARD LOOKING STATEMENTS
This press release contains "forward-looking statements" under the Private
Securities Litigation Reform Act of 1995 that involve risks and uncertainties
concerning Mercury's expected financial performance as well as Mercury's
continuing relationships, future business, product and service offerings.mro .

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"By incorporating capabilities like Mercury
Application Mapping with Optimal IT technologies, our customers will be able
to proactively respond to change within a global view of the IT
infrastructure .

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Murphy will share details of the Mercury/Peregrine
agreement and discuss how customers are using BTO to optimize the business
value of IT. "The inclusion of partners in the development of MXES
allows for a solution that extends beyond MRO Software's traditional
expertise and provides advanced functionality to meet new market
requirements. Foye, executive vice president global marketing and alliances at
MRO Software.

About MRO Software, Inc. The Company markets its products through a
direct sales organization in combination with a network of
international distributors.

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The company's IT asset and service
management software solutions include: Asset Tracking, Expense Control,
Process Automation, Asset Optimization, Service Establishment, Service
Control, Service Alignment and Service Optimization. These solutions make it
possible for IT organizations to maintain a changing IT infrastructure , manage
their relationships with end-users and service providers, and gain greater
visibility into how their IT investments are performing.
Mercury's actual relationships, product and service plans may differ
materially from the forward-looking statements made by, or on behalf of,
Mercury .
"As a leader in the IT service management market, InteQ was
pleased to work with MRO Software on the development of its
next-generation solution," said Yash Shah, co-founder, president and
CTO of InteQ. The Company is currently in the process of achieving
"PinkVerify(TM)" certification for MXES and expects to deliver general
availability of Maximo Enterprise Suite in March 2005.

outsourced lifecycle

and LAS VEGAS,
Today, Mercury Interactive Corporation (Nasdaq: MERQ), the global leader in
business technology optimization (BTO), and Peregrine Systems Inc. develops enterprise solutions that enable
organizations to address specific business problems and evolve their IT
service and asset management practices for reduced costs, improved
productivity and service, and lower risk. Mercury provides software and services for IT Governance, Application
Delivery, and Application Management. For more information , please visit http://www. All other marks are the property of their
respective owners."
Maximo Enterprise Suite includes key ITAM capabilities and IT
Service Desk functionality, which allow companies to consolidate their
disparate asset management systems onto one platform.

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"Many companies are adopting ITIL to provide a structured, repeatable
approach to manage IT changes and deliver high quality IT services across the
enterprise," said Kris Brittain, vice president and research director at
Gartner, Inc. "With this
agreement, Mercury and Peregrine are addressing the urgent need for a common
model for ITIL-compliant service management.
Founded in 1981, Peregrine has sustained a longstanding tradition of
delivering solutions with superior functionality to a broad segment of the
global enterprise customer market.
MRO Software (Nasdaq: MROI) is a global company based in Bedford,
Mass.

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The integrated Mercury and Peregrine offerings will help customers
optimize IT support and delivery processes including incident and problem
management, change and configuration management, and service level and
availability management.

"A key factor to optimize IT service management is establishing a
closed-loop change management process enabling companies to understand the
impact of change, execute the change and validate that the change was
effective ," said Stephen Elliot, research director at IDC. "This requires the
right integration of configuration and change management capabilities at the
application and infrastructure layers and a comprehensive approach to IT
governance. Having seen MXES, it is a well-designed and delivered
solution for the ITAM and Service Desk markets.
The solution also provides the ability to manage and service all these
assets from a single service desk, providing improved responsiveness
and performance while reducing the costs associated with managing
multiple systems.

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sec. The Company's integrated suite of
applications optimizes performance, improves productivity and service
levels and enables asset -related sourcing and procurement across the
entire spectrum of strategic assets.

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For more information , please visit: http://www.peregrine. Additional information concerning these and other risk
factors can be found in Mercury's filings with the Securities and Exchange
Commission ("SEC"), including but not limited to Mercury's Annual Report to
Stockholders on Form 10-K for the fiscal year ended December 31, 2004 and the
Form 10-Q for the quarter ended March 31, 2005, which are available at the
SEC's website at http://www.

Business Editors/High-Tech Editors
Pink Elephant IT Service Management Conference + Exhibition
Booth # 9

ORLANDO, Fla. "By combining MRO Software's background in asset and
service management with our partners' varied expertise, MXES provides
deep functionality in the ITAM and Service Desk markets.
The Company's asset management solutions allow customers to manage
the complete lifecycle of strategic assets including: planning,
procurement, deployment , tracking, maintenance and retirement.

lifecycle serialized

ABOUT MERCURY
Mercury Interactive Corporation , the global leader in business technology
optimization (BTO), is committed to helping customers optimize the business
value of information technology.
Peregrine Systems, AssetCenter and ServiceCenter are registered trademarks
of Peregrine Systems, Inc.

MRO Software Builds Partner Momentum for IT and Service Management Solutions

By incorporating the expertise
and insights of global systems integrators , consultants, technology
companies and managed service providers such as InteQ, Getronics and
UNICCO , MRO Software has built a comprehensive solution encompassing
service, customer and contract management , including full service desk
capabilities.

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Mercury
BTO offerings are complemented by technologies and services from global
business partners.

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NOTE: Mercury, Mercury IT Governance Center, Mercury Application Mapping,
Mercury Business Availability Center and the Mercury logo, are trademarks of
Mercury Interactive Corporation and may be registered in certain
jurisdictions.
A pre-release version of MXES will be available to demo at the
Pink Elephant IT Service Management Conference + Exhibition in the MRO
Software booth.

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mercury.

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More information on the Synergy05 event can be found at
http://www.
All other company, brand and product names may be trademarks or registered
trademarks of their respective holders.

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com. All of the information in this press release is
made as of the date of this press release, and Mercury undertakes no duty to
update this information.

Using
MRO Software's solutions customers improve production reliability,
labor efficiency, material optimization, software license compliance,
lease management, warranty and service management and provisioning
across the asset base.

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"
Mercury also announced that David Murphy, senior vice president of
corporate development at Mercury, will deliver a keynote presentation at
Synergy05 , Peregrine's global user conference held at the Wynn Hotel in Las
Vegas, June 14-16.asp., the
company conducts business from offices in the Americas, Europe and Asia
Pacific.

----

Global Systems Integrators and Technology Companies Provide
Industry Expertise and Input for Next-Generation Solution

MRO Software, Inc., with approximately 1,000 employees, 10,000 customers and more
than 260,000 end users.

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(Nasdaq: MROI), the leading provider of
strategic asset and service management solutions, today announced
significant partner momentum in the development and delivery of its
next-generation solution, Maximo Enterprise Suite (MXES).com
MAXIMO(R) is a registered trademark, and MRO Software(TM) is a
trademark, of MRO Software, Inc.

servicecenter transact

Mercury and Peregrine Systems (R) Announce Strategic Agreement

These new
capabilities help customers ensure that IT operations meet business
goals and drive increased efficiency and regulatory compliance. With MXES,
customers have a complete asset management solution uniting the
essential asset groups involved in almost all
organizations--production, facilities, transportation and IT assets.

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Industry Leaders Collaborate to Optimize IT Service Management

MOUNTAIN VIEW, Calif. MRO Software has sales offices throughout
North America, Europe, Asia/Pacific and Latin America.

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"
"Leading IT operations teams are optimizing both software applications and
IT infrastructure to deliver reliable , cost-effective business results," said
Yuval Scarlat, senior vice president of products at Mercury .peregrine. Founded in 1989, Mercury conducts business
worldwide and is one of the fastest growing enterprise software companies
today.

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The combination of Mercury's
application management expertise and Peregrine's asset and service management
products can help our customers optimize the value of their ITSM initiatives."
"This strategic alliance with Mercury allows us to accelerate delivery of
solutions that are pivotal to Peregrine's vision for Optimal IT through the
use of advanced analytics and decision modeling to optimize IT performance in
support of the business," said Deborah Traub, senior vice president of product
delivery at Peregrine.gov.

MRO Software is the leading provider of strategic asset and
service management solutions.

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ABOUT PEREGRINE
Peregrine Systems Inc."
"We turned to a group of experienced partners and customers early
in our development process for Maximo Enterprise Suite," said Patricia
C.