Peregrine Systems(R) Joins Elite Sponsors of 2001 Acura Classic

    SAN DIEGO, Aug. 3 Peregrine Systems, Inc. ,
one of the world's leading software companies, today joined an elite group of
sponsors of the 2001 Acura Classic, a premiere stop on the Sanex WTA tour,
which began earlier this week at La Costa Resort and Spa in Carlsbad, Calif.
    This year, the San Diego tournament has attracted the top five players in
the world, including Martina Hingis, Jennifer Capriati, Venus Williams,
Lindsay Davenport, and Kim Clijsters in addition to fan favorites Anna
Kournikova and Monica Seles.  The event final will be televised in the U.S. on
FOX Network with additional semifinal and quarterfinal coverage on Fox Sports
Net.  The tournament reaches an international audience of more than
370 million viewers through broadcasts around the world, and it offers
$750,000 in prize money, making it the most lucrative event in its category.
    "Peregrine is excited about this opportunity to support world-class
athletes and increase awareness of our brand at this high-profile WTA event,"
said Thomas Smith, Peregrine's senior vice president of global marketing.
"The technical dexterity and skill of these athletes reflect the Peregrine
brand values and personality, and as a San Diego-based company, we are
delighted to be a part of this tournament."
    This sponsorship reinforces the sports marketing segment of Peregrine's
integrated brand strategy, which includes the title sponsorship of the
Peregrine Systems U.S. Open track and field event held at Stanford University
in June.

    About the Acura Classic
    This tournament has won several of the Sanex WTA tour's most prestigious
awards, including being voted "Tournament of the Year" by more than
200 players on the tour and receiving the "Tournament Achievement Award" in
recognition of excellence in promoting the sport of women's tennis.  The
tournament has also enjoyed major national television coverage for the last
nine years.  For more information about the Acura Classic, contact Harvey
Bolgla or Roberta Tsang at 760.602.0763.

    About Peregrine
    Founded in 1981, Peregrine Systems, Inc., is one of the world's leading
software companies.  By providing solutions that enable companies to manage
infrastructure, as well as extend next generation e-Business capabilities
inside the enterprise and across the firewall, Peregrine helps companies
achieve a state of frictionless business and gain competitive advantage.
Peregrine's solutions reduce costs, improve profitability, and release
capital, generating a lasting and measurable impact on the productivity of
assets and people.  Peregrine delivers Infrastructure Management solutions
that manage the entire lifecycle of an organization's assets, from IT
equipment and fleets of vehicles to telecom and facility assets.  Peregrine's
Employee Relationship Management (ERM) solutions facilitate proactive
management and empower employees with anytime/anywhere access to enterprise
resources, services and knowledge, and improve productivity, asset
utilization, and real-time business intelligence.  Peregrine's B2B
Relationship Management solutions help companies establish a digital dialog
for conducting e-Business by automating and integrating the flow of
information and business processes among buyers, suppliers and e-Marketplaces.
Peregrine currently has approximately 3,000 employees located in 80 offices
around the world, and its customers include 92 percent of the Fortune 500
companies.  For more information, visit http://www.peregrine.com.

    Peregrine Systems is a registered trademark of Peregrine Systems, Inc.
All other trademarks are the property of their respective owners.

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