MUSE Micromuse (MM)

Micromuse Inc. (Nasdaq: MUSE) today announced that Eyak Technology (EyakTek) has selected Netcool(R) solutions to provide realtime service management and assurance for next generation infrastructures as part of a defense contract that was recently awarded to EyakTek by the Space and Naval Warfare Systems Command in San Diego. As part of the contract, Micromuse, the leading provider of ultra-scalable, realtime business and service assurance software, will provide its Netcool solutions to support the transport communications backbone layer and provide a foundation for Net-Centric Operations and Warfare. The contract includes options which, if exercised, will bring the cumulative value of the contract to approximately $15 Million for Micromuse over this period. As part of the Ashore Transformation Project, EyakTek will implement Netcool solutions to monitor and manage the transforming systems and services that enable the Navy's ship-to-shore communications that support operational readiness and assure the reliability and security of its network-centric operations with a realtime common operational view of the infrastructure. "Micromuse Netcool solutions have been tried and tested in massive, complex military environments worldwide, including the U.K. Ministry of Defense, the U.S. Air Force, the Pentagon, NATO and the Department of Homeland Security," said Lloyd Carney, Chief Executive Officer, Micromuse. "We are proud to provide a robust and secure framework that will assure information about the status of services in the network environment, helping the Navy to improve situational awareness, shorten critical decision making cycles, and ensure that data is shared globally among users to unify the forces focused on the mission." About EyakTek Eyak Technology, LLC (EyakTek) is one of the fastest growing diversified federal contractors, with expertise in Communications Solutions, Information Technology Solutions, Healthcare Services, and Architecture & Engineering Services. EyakTek provides award-winning solutions for DoD and Civilian federal agencies, as well as state and local government agencies, through a wide selection of contract vehicles. As an Alaska Native-owned, 8(a)-certified company, EyakTek also provide socio-economic benefits for its community of Native shareholders. For more information, please visit www.eyaktek.com. About Micromuse Micromuse Inc. (Nasdaq: MUSE) is the leading provider of ultra-scalable, realtime business and service assurance software solutions. The Netcool(R) software suite provides government and commercial organizations with the assurance that their IT systems are supporting and driving profits 24 hours a day. Unlike traditional infrastructure management systems, Netcool solutions provide realtime end-to-end visibility and accurate troubleshooting from a business perspective. Such business intelligence allows organizations to respond to problems quickly, streamline workflow processes and improve business uptime. Micromuse Defense and intelligence agency customers include U.S. Department of State, U.S. Air Force, U.S. Army, the Pentagon, NASA, U.S. Navy, Department of Energy, USDA, Department of Justice and the Army National Guard. Federal offices are located in McLean, VA. Headquarters are located at 650 Townsend Street, San Francisco, Calif. 94107; (415) 568-9800. 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 we make are based on current expectations, and are subject to a number of risks and uncertainties. Actual results could differ materially. Factors that could cause actual future results to differ materially from the forward-looking statements include: fluctuations in customer demand; the Company's ability to manage its growth (including the ability to hire sufficient sales and technical personnel); risks associated with the expansion of the Company's distribution channels; risk of new product introductions and customer acceptance of new products; rapid technological change which characterizes the Company's markets; risks associated with competition; risks associated with international sales; and the ability of the Company to compete successfully in the future; as well as risks relating to pending litigation, the completed restatement of certain of our financial statements, and other matters appearing under the caption "Risk Factors" in the Company's most recent Quarterly Reports on Form 10-Q and Form 10-K filed with the SEC and available on the Company's website. The Company disclaims any obligation or intention to update or revise any forward-looking statements.