AdventNet And MindTree Combine Technology And Expertise For Strategic Partnership

Pleasanton, California, July 18, 2002

MindTree Consulting, a leading provider of product realization solutions to Internet infrastructure vendors, announced today their alliance with AdventNet, the Management Solutions Company, to deliver network management solutions to networking gear vendors and telecom service providers.

This relationship combines MindTree's proven expertise in the delivery of customized network management and element management solutions with AdventNet's cutting-edge NMS products. MindTree will have access to the full suite of AdventNet's network management solutions, including components, development environments, systems and APIs to provide their customers with a wide range of customized solutions to enable their development of managed networking infrastructure.

"MindTree is in the business of providing world-class product realization services. Our partnership with AdventNet will help strengthen our network management solutions to networking infrastructure vendors", said Mr. S. Janakiraman, President and CEO of MindTree's Technology Business. "Networking gear vendors and service providers will now benefit from a single point access to reliable network management solutions for their product development and service delivery needs".

"In today's climate, developing and managing network infrastructure optimally and efficiently can create a sustainable competitive advantage for organizations", said, Kumar Padmini, VP of Business Development at AdventNet. "AdventNet's technology and MindTree's integration expertise will deliver unique solutions that address these needs and create compelling value for our customers".

About AdventNet

AdventNet, Inc., the Management Solutions CompanyTM , is a leading vendor of two major lines of management software. For enterprises and software vendors (EAI middleware, J2EE application server and others), it offers a suite of software and solutions empowering end-to-end management of business processes and applications. For networking/telecom equipment vendors, service providers and MSPs, it offers massively scalable, carrier-grade management application server software for provisioning and management of networking infrastructure and services. As a result of being highly customer focused, AdventNet has a worldwide customer base of leading enterprises, EAI middleware, J2EE application server and other application vendors, telecom equipment vendors, service providers, and systems integrators. AdventNet products provide ease of use, reliability, and extensive customizability. They enable superior solutions with a rapid time to market. AdventNet corporate office is located in Pleasanton, CA with offices in NJ, NH, India, China and Japan. It has a well-trained partner base around the globe and thousands of customers world-wide. Please call 925 924-9600 or visit www.manageengine.com.

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About MindTree

MindTree Consulting is an international IT consulting company that delivers affordable business and technology solutions through global software development. Co-headquartered in Somerset, NJ and Bangalore, India, the company approaches technology initiatives in a business context, with the industry knowledge of a seasoned management team and employees exceptionally skilled in technology, business analysis and project management. MindTree Consulting develops applications to help companies enhance their enterprise operations. The company also delivers product development services and designs re-usable building blocks for high-tech companies. MindTree was selected as one of Computerworld magazine's Best Places to Work in IT for 2002. Please visit www.mindtree.com for more information.

Contact: Harsha Madannavar, 91-80-6711777, harsha@mindtree.com