Spreadsheet Compliance Solution Earns Recognition in the Compliance Category RYE, N.Y., May 25 /PRNewswire-FirstCall/ -- Mobius Management Systems, Inc. (NASDAQ:MOBI), the leading provider of integrated records and content management solutions, today announced that it was selected as a finalist for the prestigious 2006 ACE Awards presented by ECM Connection at the AIIM 2006 Conference & Expo. Judged by a panel of industry analysts and editors, the ACE Awards recognize vendors that are making extra efforts to promote the education and adoption of enterprise content management (ECM) technologies within specific markets. The ACE designation honors a company's noteworthy achievement across three criteria: appeal, content and education. Mobius was designated a finalist in the compliance category for ABS for Spreadsheet Compliance, a new solution that mitigates risk and eases the burden of regulatory compliance by centralizing the management and control of business-critical spreadsheets. The product's appeal is based on innovative features that encourage adoption by enabling usage within the familiar spreadsheet environment. Since announcing the product in January 2006, Mobius has delivered a complete set of materials (content) and promoted a variety of events (education) that have helped financial professionals understand and manage the risks associated with spreadsheet usage. "We are delighted to have earned this honor from ECM Connection," said Garth Landers, director of compliance solutions at Mobius. "Spreadsheet compliance is a hot topic and our first-in-class solution has met with widespread recognition and interest in the marketplace. It gives our customers a powerful tool that is rapidly becoming a vital component of any organization's program to deploy systematic controls that improve the integrity of critical corporate data. This recognition by the ACE awards panel is further testament to the value that ABS for Spreadsheet Compliance delivers to organizations." About Mobius Mobius Management Systems, Inc. (http://www.mobius.com/) is the leading provider of integrated solutions for content and records management. The company's comprehensive software suite integrates content across disparate repositories, supports regulatory compliance, and includes content-enabled applications that automate business processes. Mobius solutions have achieved industry-wide recognition for breadth of functionality, breadth of supported formats, and high-volume, high-demand performance. The Mobius customer base is made up of leading companies across all industries, including more than sixty percent of the Fortune 100. The Company, founded in 1981, is headquartered in Rye, New York, with sales offices in the U.S., Canada, the United Kingdom, France, Germany, Italy, Sweden, the Netherlands, Switzerland, Australia and Japan, as well as a network of agents in Central and South America, Europe, Middle East, Africa and Asia. Statements contained in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties. In particular, any statements contained herein regarding expectations with respect to future sales and profitability, as well as product development and/or introductions, are subject to known and unknown risks, uncertainties and contingencies, many of which are beyond the company's control, which may cause actual results, performance or achievements to differ materially from those projected or implied in such forward-looking statements. Important factors that might affect actual results, performance or achievements include, among other things, market acceptance of Mobius's products, ability to manage expenses, fluctuations in period to period results, seasonality, uncertainty of future operating results, compliance with the Sarbanes-Oxley Act, long and unpredictable sales cycles, technological change, extended payment risk, product concentration, competition, international sales and operations, expansion of indirect channels, increased investment in professional services, protection of intellectual property, dependence on licensed technology, risk of product defects, product liability, management of growth, dependence on executive management, other key employees and subcontractors, concerns about transaction security on the Internet, changes in accounting for employee stock options, general conditions in the economy and the impact of recently enacted or proposed regulations. These risks and uncertainties are described in detail from time to time in Mobius's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, filed on September 9, 2005, and its Quarterly Reports on Form 10-Q. Mobius accepts no obligation to update these forward-looking statements and does not intend to do so. DATASOURCE: Mobius Management Systems, Inc. CONTACT: Abby Pinard of Mobius Management Systems, Inc., +1-914-921-7323, or ; or Erika Hoeft of Ruder-Finn for Mobius Management Systems, Inc., +1-312-329-3913, or Web Site: http://www.mobius.com/

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