FREMONT, Calif., November 17, 1999 - Accrue Software, Inc. (NASDAQ: ACRU), the leading provider of eBusiness analysis software and services, announced today that it has signed a definitive agreement to acquire NeoVista Software, Inc., a privately held company that develops analytical applications based on advanced data mining technologies for large retail, financial services and insurance enterprises. Upon closing of the transaction, NeoVista will become a wholly owned subsidiary of Accrue Software. NeoVista's outstanding stock will be exchanged for approximately 2.4 million shares of Accrue common stock. The closing is expected to occur in January 2000. Jonathan Becher, NeoVista's president and chief executive officer, will be appointed vice president of product strategy of Accrue. See http://www.neovista.com/corporate_info/accrue_overview.htm for full info
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