BILLERICA, Mass., Sept. 10 /PRNewswire/ -- Peritus Software Services, Inc.
(Nasdaq: PTUS) today announced that it is ranked among the 50 fastest growing
technology companies in New England.  In September, Peritus will be recognized
for this achievement at the 1997 New England Technology Fast 50 awards
ceremony, sponsored this year by Deloitte & Touche LLP and Hale and Dorr LLP.
    Created to recognize the outstanding contributions that fast growing
technology companies provide to the local and national economy, the New
England Technology Fast 50 program ranks the Northeast's 50 fastest growing
technology companies by percentage growth in revenues from 1992 to 1996.  To
qualify for the New England Technology Fast 50 award, corporations must
provide technology services or products and year end revenues must have been
at least $50,000 in 1992, and $1,000,000 in 1996.
    "The market demand for Peritus products and services has grown each year
and Peritus is especially pleased to be honored with a New England Technology
Fast 50 award.  New England is a nationwide leader in the technology market.
This award indicates the quality, innovation, and effectiveness of Peritus
products and services to significantly enhance and influence the software
evolution process in a competitive and changing business environment," said
Doug Catalano, president and COO of Peritus.  "Technology continues to play a
significant role in both the local and national economy.  Peritus hopes to
continue to have a positive effect on the economy by continuing to grow and
develop additional product extensions from its core technology which focuses
on resolving specific software evolution challenges," he added.
    Deloitte & Touche LLP, one of the nation's leading professional services
firms, provides accounting and auditing, tax, and management consulting
services through 20,000 people in more than 100 U.S. cities.  Deloitte &
Touche LLP is part of Deloitte Touche Tohmatsu International, a global leader
in professional services with over 63,000 people in offices in 125 countries.
    Hale and Dorr LLP, one of the largest full service law firms in New
England, is known for representing high technology companies, with an emphasis
in the computer, software, and telecommunications industries.  For the past
decade, Hale and Dorr has ranked as the number one firm in New England
involved in initial public offerings, and in 1996 was involved in 58 IPOs and
follow-on offerings, ranking third nationally in representing companies as
issuer's counsel.
    Peritus provides software products and services that enable organizations
to improve the effectiveness of evolving information technology systems.  The
company combines state-of-the-art concepts and scientific principles from
multiple disciplines including team-based organization, workflow management,
and formal mathematical techniques into a dynamic, leading-edge approach to
software evolution.  Peritus outsourcing services employ the Peritus Approach
in providing organizations with enhanced productivity, responsiveness, and
quality in systems and applications software maintenance functions. Peritus'
technology licensing programs provide end users, consultants, systems
integrators and distributors with access to Peritus' unique technology,
including the Automate:2000(R) Service technology, one of the industry's
leading Year 2000 renovation solutions.  For more information, please
visit the Peritus Web site, http://www.peritus.com, or call 1-800-598-7787.
    NOTE: Peritus is a registered trademark, Automate:2000 is a registered
servicemark, and AutoEnhancer/2000 is a trademark of Peritus Software
Services, Inc.

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