WESTBOROUGH, Mass., Oct. 16 /PRNewswire/ -- Peritus Software Services,
Inc. (OTC: PTUS.OB), a provider of solutions for software maintenance
technology and services, today announced that the Company has retained The
Catalyst Group, LLC to render financial advisory and investment banking
services in connection with exploring strategic alternatives including the
potential sale of the Company.
About Peritus(R)
Founded in 1991, Peritus Software Services, Inc. offers products and
services that enable organizations to improve the productivity, effectiveness
and quality of the software evolution process. The Peritus Software Asset
Maintenance (SAM) offerings enable organizations to transform the maintenance
process into an efficient, cost-effective discipline that boosts productivity
and performance. Peritus is headquartered in Westborough, MA. For more
information, see the Peritus web site at http://www.peritus.com.
About The Catalyst Group
The Catalyst Group provides international strategic investment banking and
corporate development services to Information Technology, Internet,
Telecommunications, and e-Business companies. Catalyst operates from its New
York, Boston, London, and Paris regional offices. For more information, see
the Catalyst web site at http://www.IT-catalyst.com.
This press release may contain certain forward-looking statements, which
involve risks and uncertainties. From time to time, the Company may provide
oral and or written forward-looking statements in other materials it releases
to the public. The Company does not assume any obligation to update any of
the forward-looking statements it makes.
Contact: Ronald C. Garabedian
Vice President and Treasurer
Peritus Software Services, Inc.
Phone: 508-870-0963
Fax: 508-870-0764
E-mail: rgarabedian@peritus.com
Peritus is a registered trademark of Peritus Software Services, Inc.
SOURCE Peritus Software Services, Inc.
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Related links:
http://www.peritus.com
Company News On-Call:
http://www.prnewswire.com/comp/123089.html or fax,
800-758-5804, ext. 123089
CONTACT:
Ronald C. Garabedian, Vice President and
Treasurer of Peritus Software Services, Inc., 508-870-0963,
rgarabedian@peritus.com
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