Sydney-Based Resonance Group Acquires Isogon Asia Pacific from Isogon International

Customers Will See Immediate Benefit from Australasian-based IT Asset Lifecycle Management Provider

Sydney, 10 February 2005 - The Resonance Group, the first company in the Australasian marketplace to enable organisations to automate and streamline all elements of their IT asset lifecycle management, today announced it has acquired the assets of Isogon Asia-Pac from Isogon International Ltd. Isogon is a leading provider of mainframe Software Asset Management (SAM) and Contract Management solutions. Isogon Asia-Pac customers will now receive first level support directly from Resonance in the Australasian marketplace and will see immediate benefits with a regional provider of enterprise-wide asset management solutions.

The Resonance Group, which was established in 2001, aims to be Australia’s market leader in IT strategic asset and fleet management for mid-large enterprise-sized organisations. It provides scaleable IT asset management solutions and associated services. The Resonance Group has distribution rights in Australia and New Zealand for Opsware Inc., which was recently rated by Forrester Research as the leader in IT Lifecycle Management of servers, software, network devices, and storage.

With The Resonance Group acquisition of Isogon Asia-Pac, the Company significantly strengthens its product set and extends its local leadership in unified IT asset management solutions. Isogon International’s leading integrated, cross-platform software products coupled with The Resonance Group’s enterprise-wide asset management solutions will now deliver the broadest and deepest asset lifecycle management solutions in the Australian market.

"The acquisition of Isogon Asia-Pac in Australia is another important step in delivering on our commitment to provide the market-leading asset management solution to customers. Organisations can garner a distinct, cohesive image of their entire technology base from a single integrated asset management solution, from mainframes in the glass house to handhelds on the road.” said Bill Baker, CEO of The Resonance Group.

"Isogon has built a great product and has established an enviable reputation in delivering comprehensive IT asset management solutions through the integration of software technology and consulting services. We're excited about what we can accomplish for our mutual customers by combining the strengths of our two companies,” he added.

Isogon’s Software Asset Management (SAM) solutions combine software technology, consulting solutions, and service and are designed to stand alone or work together to provide a customised SAM process aimed at realising specific goals, for example in collating usage patterns and maintenance agreements. Our partnership delivers IT asset management solutions through a combination of process consulting expertise, software tools and implementation services.

"Joining forces with The Resonance Group makes perfect sense from a company and business point of view and will greatly strengthen our combined market position," said David Jones Director International Operations, Isogon Corporation.

"Resonance shares our strong company values, our commitment to product quality as well as our passion for customer success. As a result, our customers will have access to world-class local support,” Mr. Jones added.

About Isogon

Isogon Corporation delivers IT Asset Management solutions through software tools, implementation services, and process consulting expertise. By integrating IT Asset Management process consulting with software and services, Isogon helps its customers monitor and control software costs, contracts, and inventory. Isogon’s Software Asset Management solutions are among the most powerful systems available anywhere in the world today and its customer list is a who’s who of Global 2000 corporations and governments. Isogon is a privately-held company based in New York City, with consulting and sales offices across the globe. To learn more about Isogon visit www.isogon.com.

© 2005, Isogon Corporation. All rights reserved.

For further information, please contact:

David Bass LEWIS PR 02 9901 4235/0416 017 194