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JMI Equity Fund L.P. Leads a $5.8 Million Financing Round in Xtremesoft

Woburn, Massachusetts: July 24, 2000 - Xtremesoft, Inc. today announced the completion of a financing round led by JMI Equity Fund, L.P. Xtremesoft is a leading provider of software solutions, which monitor the scalability, performance and reliability of e-business transaction-based applications built on the Microsoft platform. Xtremesoft's "Business Bandwidth" solutions maximize the commercial effectiveness of Windows NT and Windows 2000 e-business systems.

"JMI is the premier venture capital firm for financing companies that are the builders of the Internet economy," said Steve Weiss, President of Xtremesoft. "JMI is the ideal financial partner for Xtremesoft given their strong track record of backing successful companies in the Internet infrastructure management segment of the software industry."

"Xtremesoft is an emerging leader in enabling customers to maximize the transactional effectiveness of their Internet business systems. Xtremesoft's team, industry leading technology and strong partnerships with Merrill Lynch and Microsoft create a strong platform to launch the company," said Bradford D. Woloson, General Partner, JMI Equity Fund.

JMI joins KECALP Inc., an affiliate of Merrill Lynch, in this current financing round.

Xtremesoft develops and delivers performance-monitoring solutions for Internet application deployment platforms. Xtremesoft's AppMetrics for Transactions product offering monitors the performance of the Microsoft Transaction Server in Windows NT, and the Microsoft COM+ Transaction Services in Windows 2000 Server products. In addition, Xtremesoft has development agreements in place with Merrill Lynch as well as with Microsoft. For more information, visit Xtremesoft at www.xtremesoft.com.

About JMI Equity Fund L.P.
JMI Equity Fund is a leading private equity firm focused on investing in high-growth companies in the application provider, Internet infrastructure and B-to-B services markets. JMI invests in companies at all stages of development - from start-up and expansion situations to management buyouts and recapitalizations. The firm was founded in 1992 by John Moores, the founder and former Chairman of BMC Software, and currently has over $400 million under management. JMI has offices in Baltimore, Maryland and San Diego California. For more information visit JMI at www.jmi-inc.com.

About KECALP Inc.
KECALP Inc., a New York-based wholly owned subsidiary of Merrill Lynch & Co., Inc., is the General Partner and Investment Advisor to Merrill Lynch KECALP L.P. 1999 and its affiliates (the "Funds"). The Funds are limited partnerships formed exclusively for investment by employees of Merrill Lynch & Co., Inc., its subsidiaries and affiliates. Since 1983, there have been nine such partnerships. The partnerships seek minority interest positions in privately offered equity investments in both U.S. and non-U.S. issuers. Investments have included securities issued in conjunction with financings of companies in an early stage of development, leveraged buyouts, investments in growth equities, real estate ventures, and transactions involving financial restructuring or reorganization.


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