CONTACT INFORMATION

Peace Software
www.peace.com

Sally Walls
(+305) 341 2400
sally.walls@peace.com

MIAMI, FL., May 22, 2003 - Peace Software has captured the number one slot for North American CIS (customer information system) deals since January 1, 2002, according to the new Chartwell Report on CIS Installations in North America 2003.

Securing licenses for nearly four million end use customers, Peace Software captured a 33 percent share of all North American CIS deals analyzed by Chartwell Inc. SAP ranked second with 24 percent and SCT, recently acquired by Indus, came in third with 21 percent.

In addition to the momentum indicated by the recent CIS sales analysis, Chartwell also identified Peace Software as the market leader among energy retailers with a 38 percent share.

“We are pleased that our success is being validated by an independent and respected expert like Chartwell,” said Brian Peace, CEO of Peace Software. “In North America, we have achieved 88 percent compound annual revenue growth since 2000. We have no debt and significant cash reserves, positioning us well to deliver on our commitments and further expand our market presence in the region.”

About Peace Software
Peace Software is the world's largest utility CIS software developer. The browser-based Peace CIS has been selected by leading regulated and competitive utilities to drive efficient operations and provide excellent customer care for 13 million residential, commercial and industrial customers in 40 markets around the world. Peace can be deployed as a component or total customer management solution. Founded in 1984, Peace Software has offices in the United States, Australia, Canada, New Zealand and the United Kingdom. Further information on Peace Software can be found at peace.com.

Further information on Chartwell Inc. can be found at chartwellinc.com

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