Redwood City, Calif. – May 29, 2008 – Nimsoft Inc., the “Big 4” alternative for IT performance and announced today that it has been named in the JMP Securities' 2008 report, "Hot 100: The Best Privately Held Software Companies." The report profiles 100 of the leading private companies in the software industry, as identified by JMP Securities' software research team. After exceeding expectations in 2007, Nimsoft has continued to set a record pace in 2008 with strong momentum in new bookings, recurring revenue and customer growth.

“It is an honor to be recognized by JMP Securities as one of the Top 100 privately held technology companies” said Gary Read, President and CEO of Nimsoft. “We remain focused on providing our customers with solutions they need to grow their business while maintaining a strong financial position ourselves.”

Nimsoft recently announced record results for the first quarter of 2008. New bookings rose 71 percent year over year, and recurring revenue, driven by an increasing amount of subscription business, jumped 83 percent when compared to the same quarter last year. Furthermore, Nimsoft added 27 brand new name customers, bringing the total customer count to 643 in 30 countries.

Earlier in the year, Nimsoft acquired Indicative Software in a move to increase business service management (BSM) and end-user response time monitoring capabilities to its widely accepted solutions for network monitoring, server monitoring, database monitoring, application monitoring and service level management (SLM). With the acquisition, Nimsoft is able to deliver the future of IT performance and availability monitoring, with solutions that provide a rapid return on investment, are easy to implement and use, and deliver complete customer satisfaction.