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Peregrine Systems'(R) CEO John Mutch to Participate in Red Herring Fall 2005 Conference

    SAN DIEGO, Dec. 12 /PRNewswire-FirstCall/ -- Peregrine Systems(R), Inc.
(OTC: PRGN), a leading provider of IT asset and service management software,
today announced that John Mutch, CEO of Peregrine, will join a distinguished
Red Herring keynote panel discussion titled, "Growth and Governance: Keeping
the Balance."  The event will be held in San Francisco on Wednesday,
December 14 at 3:15 p.m. PST.  The panel is one of ten roundtable discussions
on the top trends to drive growth in 2006.
    Now more than ever, corporate governance is a key priority for businesses
of all sizes that seek to optimize organizational performance.  During the
roundtable, Mutch -- whose deep corporate governance knowledge helped
reposition Peregrine as an industry leader -- will draw on Peregrine's
experience working with business and technology leaders, to provide attendees
with guidance on how to balance growth objectives with strong governance.  In
addition to Mutch, other panelists include executives from Accume Partners,
Axena, Libertas Capital and Vintage Filings.
    For more information about this event, please visit
http://www.herringevents.com/rhfall05/index.jsp

    About Peregrine Systems, Inc.
    Peregrine Systems, Inc. is a global provider of enterprise software to
enable leading companies to optimally manage the IT infrastructure.  The
company's flagship product suites -- ServiceCenter(R) and
AssetCenter(R) -- create a foundation for IT asset and service management
solutions based on industry best practices, including ITIL (IT Infrastructure
Library).  In addition, customers use Peregrine's Configuration Services suite
to gain an accurate, consolidated view of their IT assets.  Peregrine recently
introduced a new vision -- Optimal IT(TM) -- to deliver predictive analytics
and decision modeling to optimize IT performance.
    Founded in 1981, Peregrine has sustained a longstanding tradition of
delivering software solutions with superior functionality to a broad segment
of the global enterprise customer market.  Headquartered in San Diego, Calif.,
the company conducts business from offices in the Americas, Europe and Asia
Pacific.  For more information, please visit: http://www.peregrine.com.

    Peregrine Systems, ServiceCenter, AssetCenter and Optimal IT are
trademarks or registered trademarks of Peregrine Systems, Inc.  All other
marks are the property of their respective owners.

    Contact Information:

    Tracy Benelli
    Peregrine Systems, Inc.
    (858) 720-5609
    tracy.benelli@peregrine.com

    Linda Koslowski (Findley)
    Text 100
    (415) 836-5990
    peregrine@text100.com


SOURCE Peregrine Systems, Inc.




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Related links:
  • http://www.peregrine.com
    CONTACT:
    Tracy Benelli of Peregrine Systems, Inc.,
    +1-858-720-5609, tracy.benelli@peregrine.com; or Linda Koslowski
    (Findley) of Text 100, +1-415-836-5990, peregrine@text100.com,
    for Peregrine Systems, Inc.