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Volvo Successfully Implements ON Technology Solution to Manage 4,500 PCs; Achieves Strong ROI with Initial Deployment Project

Leading Global Manufacturer Leverages ON Technology Solution to Roll-Out Windows 2000 and Provide Ongoing Management for Mission-Critical Applications

Waltham, Mass. (February 26, 2003) - ON Technology (Nasdaq:ONTC), a leading provider of enterprise infrastructure management solutions, today announced that The Volvo Group has successfully implemented ON Technology’s advanced solution to automate its Windows 2000 deployment and provide ongoing management for 4,500 PCs and mission-critical applications in multiple European locations. The company has already realized cost savings that exceed the initial cost of its ON Technology software purchase, thereby realizing a rapid ROI in its very first deployment project.

According to a recent article in the European trade press, Volvo is saving money because IT administrators are no longer required to spend hours installing Windows 2000. “For us, it is about reducing costs and lead time every time something happens to a PC and everything needs to be reinstalled,” said Richard Karlsson, manager of PC LANs at Volvo IT.

Volvo is using the ON Technology solution to remotely install and configure operating systems, applications, and user settings such as printers and drivers. Additional cost savings are realized by using ON Command CCM to provide ongoing management for mission-critical applications such as Oracle, SAP, and IBM-CATIA, deploy vital updates such as security patches, and automatically rebuild corrupted PCs.

ON Chairman & CEO Robert L. Doretti said: “Volvo IT operates one of the largest Novell networks in Europe, and is known for its professional expertise and commitment to providing the highest levels of support for its internal and external customers. Their experience demonstrates that our solutions provide the fastest return on investment in the industry.”

ON’s open architecture has also made it easy for Volvo to integrate the ON solution with its existing IT environment in order to shorten time to implementation. For example, Volvo has successfully integrated ON Command CCM with its directory services infrastructure and Oracle databases in order to incorporate policy information about end-users and their configurations.

Unlike conventional management solutions, ON Command CCM is the only enterprise-class system that offers end-to-end lifecycle management, including unattended operating system deployments and one-click disaster recovery. In addition, unlike imaging or cloning tools, ON Technology’s unique native installation technology further reduces support costs by dynamically adapting each OS installation to specific end-user configurations, eliminating the need to maintain tens or hundreds of individual static images for each hardware platform and configuration.

About Volvo IT AB
Volvo IT supplies global industrial companies with IT systems and solutions. In addition to infrastructure, operations and applications, we also sell consulting services, training and support. The Volvo Group and the Volvo Car Corporation are our largest customers. The Volvo companies' need for IT systems and solutions forms the basis of our business operations. However, we are also looking to further extend our external customer base and develop new services. Our broad base and globality enable us to deliver the system or solution each individual customer requires. To find out more, visit: http://www.volvo.com/it

About ON Technology Corporation
ON Technology empowers IT organizations and service providers to manage the full lifecycle of their computing systems over large-scale corporate networks. Our solutions are used to rapidly and reliably deploy critical applications, operating systems, and content to desktops, mobile PCs, handhelds, servers, retail point-of-sale (POS) terminals and banking workstations. Our customers leverage our solutions to significantly reduce IT costs, improve availability and reliability of business-critical applications, and enhance both IT and end-user productivity. ON’s management solution has been chosen by more than 1,000 enterprises worldwide to manage in excess of 1.2 million networked computer systems. For more information visit ON Technology’s Web site at www.on.com or call 800-767-6638.

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ON Technology, ON Command, and ON Command CCM are registered trademarks, and the ON logo and ON iCommand are trademarks of ON Technology Corporation. Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corporation in the United States and other countries. All other brand names and trademarks are properties of their respective owners.

The statements in this press release that relate to ON Technology’s future plans, events and performance are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties. Some of the important factors that could cause actual results to differ materially from those indicated by the forward-looking statements are general economic conditions, including the current weakness in the global economy, demand for the Company’s products and services, performance of the Company’s direct and indirect distribution channels, competitive pressures, market acceptance of the Company’s new products and technologies, and the risk factors detailed from time to time in ON Technology’s periodic reports filed with the Securities and Exchange Commission, including without limitation the Company’s Quarterly Report on Form 10-Q for the third quarter of 2003 filed in November 2003. Actual results and performance may differ materially due to these and other factors. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. ON Technology undertakes no obligation to release publicly any updates or revisions to any forward-looking statements contained in this press release that may reflect events or circumstances occurring after the date of this press release.


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