BindView Ships 5 Millionth License of bv-Control for NetWare

NetWare Related Licenses Soar 42% in 6 Months Underscoring Demand for NDS eDirectory

Salt Lake City, BrainShare 2000—March 21, 2000

— BindView Corporation (NASDAQ: BVEW), a leading provider of IT risk management solutions, today announced that its bv-Control for NetWare/NDS eDirectory (currently shipping as NOSadmin for NetWare) customer base has skyrocketed to over 5 million licenses worldwide. Customers such as X, X and X have helped fuel this growth.

"As the demand for e-business solutions accelerates, Net services software will secure and manage all types of networks," said David Shirk, senior vice president of product management for Novell. "By working closely with our development teams, BindView’s products have remained on the leading edge of Novell’s NDSÒ eDirectoryÔ strategy. The combination of our products has directly benefited millions of customers."

bv-Control for NetWare

bv-Control for NetWare is a security and systems management solution that pinpoints and corrects risks to the health and integrity of the Novell enterprise. As the easiest way to administer and secure NetWare servers, it has won praise from system administrators and security auditors in large organizations across all industry sectors. bv-Control also supports heterogeneous networking environments.

"BindView has been committed to supporting Novell’s product directions and customers for almost ten years," stated Marc Camm, vice president of marketing for BindView. "Our adoption of Novell’s NDS eDirectory was a natural evolution of that commitment. BindView will continue to deliver products to assist our mutual customers in controlling their enterprise and e-Business infrastructures.

About BindView

Founded in 1990, BindView is a leader in IT risk management solutions for controlling enterprise and e-Business infrastructures. BindView’s award winning solutions enable corporate IT professionals to effectively leverage their existing technologies to achieve their business goals. To control IT risks, more than 7 million licenses of BindView’s solutions have been shipped worldwide to approximately 5000 companies, including more than 75 of the Fortune 100 and 22 of the largest 25 U.S. banks. Contact BindView via e-mail at info@bindview.com or visit BindView's World Wide Web Site at http://www.bindview.com. BindView can also be reached at (800) 749-8439 or at (713) 561-4000.

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Editors Note: BindView®, the BindView logo, and the BindView product names used in this document are trademarks of BindView Development Corporation, which may be registered in one or more jurisdictions. The names of products of other companies mentioned in this document, if any, may be the registered or unregistered trademarks of the owners of the products.

Safe Harbor Statement

Statements in this news release not based on historical fact are ``forward-looking'' statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially because of factors such as, for example, the risks associated with competition within the network management software industry, with rapid technological change, and with BindView's development of and the market's acceptance of new products. Other such factors include the risk factors and other matters described from time to time in BindView's Form 10-K filings, Form 10-Q filings, and other periodic filings with the Securities and Exchange Commission.