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April 28, 2010

Investment From Gimv to Propel RES Software’s Global Expansion and Deepen its Presence in Key Markets

Funding Reinforces the Value of RES Software’s Award-Winning Desktop Transformation Technology

Amsterdam, the Netherlands and Philadelphia, PA, April 28, 2010 — RES Software, the leader in user workspace management software, today announced the closing of a €4.7 million ($6.3 million) financing by Gimv, a leading, publicly traded European investment firm with a 30 year track record of success. Gimv’s investment builds on the recent momentum at RES Software, which includes the appointment of a new CEO, a major new product release, significant customer wins in the Netherlands, UK, and France and the expansion of its North American operations. The Gimv investment will drive several RES Software initiatives designed to support its rapid growth, including increasing its sales capacity in strategic regions, enhancing its global brand, and adding resources to further extend its product and technological leadership in user workspace management.

“Gimv complements RES Software with the resources, reputation and network of a savvy, world class firm,” said Klaus Besier, chief executive officer of RES Software. “I look forward to working with them to build our customer base and channel relationships and further enhancing RES Software’s success.”

In the past twelve months, RES Software has seen significant growth in the demand for its user workspace management solutions driven in large part by the increasing challenges facing the corporate desktop infrastructure, including the migration to Windows 7, the introduction of virtual desktop initiatives, as well as new cloud computing services. RES Software’s user workspace management technology addresses these challenges by providing the essential features necessary for IT professionals to more cost effectively manage and maintain desktop environments during these changes, without sacrificing user productivity. As a result, IT is able to save vital resources and significantly reduce the TCO of their desktop populations.

“Desktop management is an investment area that Gimv has been tracking carefully given the size of the opportunity and the pace of change. We believe RES Software has something unique with a clear ROI and many happy customers,” said Elderd Land, a partner in Gimv’s venture capital practice. “That combination made it a very compelling investment opportunity for us and a company we are proud to have in our portfolio.”

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