September 24, 2001

NetIQ and VERITAS Software Collaborate to Transition Customers from VERITAS Manage Exec to NetIQ's Performance and Availability Solutions

NetIQ's Performance and Availability Solution Selected for its Advanced Monitoring and Management Functionality

Press Release

SAN JOSE, Calif.

NetIQ (NASDAQ: NTIQ), a leading provider of e-business infrastructure management and intelligence solutions, announced today an agreement with VERITAS Software to provide VERITAS Manage Exec™ customers the option to replace Manage Exec with NetIQ's Performance and Availability Solutions, an award-winning server and application monitoring suite.

NetIQ's Performance and Availability Solutions allow system managers to take control of their e-business environments with functionality that proactively identifies, alerts, and automatically resolves performance and availability problems even before end-user services are affected. Automated monitoring and management not only minimizes downtime, but also enables IT personnel to concentrate on higher value projects.

"VERITAS Software is excited to have NetIQ transition the VERITAS Manage Exec customer base over to their award-winning Performance and Availability Solutions," said John Maxwell, vice president of product marketing at VERITAS. "We are glad that Manage Exec customers have a viable solution for continued support of their monitoring and management needs."

"NetIQ is extremely pleased that VERITAS has chosen NetIQ's performance and availability solution for their customers," said Steve Seminario, director of business development at NetIQ. "VERITAS customers will now have access to the tools they need to continue to simplify the management of their distributed enterprise infrastructure."

VERITAS and NetIQ have contacted Manage Exec license holders. Manage Exec customers who would like to contact NetIQ sales for further information, please call 888-323-6768.

About NetIQ:

NetIQ Corporation (Nasdaq: NTIQ) is a leading provider of e-business infrastructure management and intelligence for all the components of an organization's e-business infrastructure - from back-end servers, networks and directories to front-end web servers and applications. The company is headquartered in San Jose, Calif., with development and operational personnel in Houston, Raleigh, N.C., Bellevue, Wash., and Portland, Ore. For more information, please visit NetIQ's Web site at www.netiq.comor call (408) 856-3000.

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