Visible Systems Announces Extension of Lockheed Martin EPI Agreement.

Visible Systems Corporation Users Conference showcases Razor, its flagship software for managing both software and hardware configuration data.

ORLANDO, FL - November 18, 2003 -- Visible Systems Corporation today announced at its Razor Users Conference in Orlando, Florida that Lockheed Martin has signed an extension of its agreement with Visible to make Razor a corporate standard for Configuration Management and Problem Tracking (CM/PT) tools. Lockheed Martin is one of the world's leading aerospace and advanced technology companies. Lockheed Martin originally selected Razor in 1996 as a corporate standard, and today Razor is a key component on mission critical development efforts at General Dynamics, Integral Systems, Johnson Space Center, Orbital Science and many other aerospace and defense industry companies. The Razor product is used in over 34 different countries worldwide.

According to Visible's President, Mike Cesino, "The renewal of this agreement shows the confidence and high degree of satisfaction that Lockheed Martin has with the Razor product line. This further confirms Razor as the preeminent CM/PT tool in the aerospace and defense industry."

Razor® is an integrated suite of tools which combines a tailorable issue tracking system with traditional configuration and build coordination capabilities. During this week's conference, new features are being presented - as Razor positions itself to be the best value found in the market. Conference highlights include metrics-based CM, web-enabled system administration and monitoring; web-based version control of configuration items and a unique requirements tracability feature to aid anyone within an organization who needs to track requirements from their point of origin and throughout the application development lifecycle. As an activity-based CM/PT tool, Razor® integrates requirements within the configuration management process.

Companies in attendance included General Dynamics, Lockheed Martin, NOAA, Northrop Grumman, NUWC, Perry Technologies and Roche Bio-Sciance.

"Razor offers all configuration and change management tools in a nutshell. The individual parts can be easily used either stand alone or in collaboration with other tools. The tools can be integrated easily into various platforms and the possibility to access the archive from virtually any PC is a big advantage" stated Mark Aellen, Local Head of Biometry of Actelion Pharmaceuticals ( http://www.actelion.com ).

"The Razor Unix server with the NT client works great. It's extremely easy to customize, very easy to install, very well laid out in terms of directory structure and tools", stated Vickie Slingsby, Configuration Management Coordinator for MacDonald Dettwiler and Associates ( http://www.mda.ca ).

Pricing and Availability
Razor is based on a floating license scheme whereby usage is not locked to particular clients or users. Its outstanding value and flexibility with prices start at $683.00 per license for a 10 User License and include every platform at no additional cost. You can obtain a copy of the latest release by visiting our web site at http://www.visiblesystemscorp.com/Products/Razor/index.html . Simply download the Razor package appropriate for the platform on which you will be performing your evaluation. IssueWeaver will be automatically bundled in all downloads and will be available free of charge to all demo clients.

About Razor
Razor is an activity-based Software Configuration Management tool, providing process management, issue/problem tracking, version control, and release management in one integrated framework. Workflow, templates, rules, and controls can be customized to match a customer's process. Managers can conform Razor's problem tracking feature to their organization's processes and specify event triggers to notify project members of predefined actions, such as missed deadline, incomplete tasks, or inaction on an item. In addition to the 2.4.x kernel of Linux, platforms supported by Razor include: SunOS 4.1.x, Solaris 2.5 (Sparc) Solaris 2.6 and higher (Sparc & Intel), HPUX (10.x), IRIX (5.x & 6.x), IRIX 6.5 (64-bit), AIX (3.x & 4.x), OSF/1 (Digital Unix 4.x), SCO, Linux (2.0.x, 2.2.x & 2.4.x), Windows NT/95/98/2000 and Windows NT 4.0/2000/XP (server and client).

About Visible Systems
Headquartered in Lexington, MA, Visible offers end-to-end, model-based solutions for developing and managing large-scale software and database applications. Visible has over 100,000 users of its products worldwide. Besides Razor, the company's products include Visible Advantage, an enterprise architecture planning and development tool. Visible Analyst, a powerful software analysis and design tool that supports UML, XML, round-trip, and structured software engineering in one integrated tool set. Visible Developer, a model-based, technology-neutral code engine for Visual Basic .NET and Visual C# .NET generation and Visible LCSIS a Product Lifecycle Management (PLM) tool. A growing list of Visible customers include AEA Technology, AT&T, BAE Systems, Boeing, Booz, Allen, & Hamilton, Computer Sciences Corporation, DASA Daimler-Benz Aerospace, Eagle Systems Inc., Federal Aviation Administration, Foster Miller, General Dynamics, Integral Systems, Johnson Space Center, Lockheed Martin, Los Alamos National Labs, Motorola, NASA - Kennedy Space Center, NASA - Goddard Space Flight Center, Naval Air Warfare Center, Naval Surface Warfare Center, Naval Undersea Warfare Center, National Security Agency, National Severe Storms Lab, NLX Corporation, NOAA, Northrop Grumman Information Technology, Orbital Science, Raytheon E-Systems, Robins Air Force Base, SAIC, Sandia National Laboratories, Social Security Administration, Sensis, Shell, Seagate Technology, State of Arizona, Tundra Semiconductors and the US Navy Coastal System Station.

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©2003 Visible Systems Corporation. All rights reserved. Visible Developer is a trademark of Visible Systems Corporation. Visible Analyst and Razor are registered trademarks of Visible Systems Corporation. All other trademarks are the property of their respective owners.