Austin, TX
BUSINESS WIRE
January 31, 2005

VIEO, Inc., a leading provider of application service level management solutions for increasing business certainty, today announced $15 million in financing. The round of financing is lead by RRE Ventures, with additional investments from existing VIEO investors, Rho Ventures and INVESCO. The capital will be used to continue the expansion of VIEOÍs sales and marketing efforts and should last the company through profitability.

ñWe are excited to lead this round of financing for VIEO,î said Stuart Ellman, General Partner at RRE Ventures. ñThere is an enormous market opportunity for a company that can reduce business risk by improving the reliability and performance of critical applications. VIEOÍs intellectual property is unique and presents a significant barrier to competition.î

VIEO specializes in helping customers manage IT service delivery and improve the performance of their Citrix-based and Microsoft web-based applications. VIEOÍs management solution helps companies identify, diagnose, and automate the correction of service level problems before they impact business results. It provides end-to-end real-time visibility and control of complex application infrastructures in one integrated product, increasing IT staff productivity and reducing management costs and complexity.

ñWeÍre pleased to have strong support from some of the industryÍs leading investment companies,î said Bob Fabbio, CEO of VIEO. ñThese investors see value in our focus on dramatically improving ITÍs ability to quickly identify and resolve application service level problems to ensure business certainty.î

About VIEO
VIEO provides the industryÍs only real-time solution for managing critical application service levels while reducing cost and complexity. The VIEO appliance identifies, diagnoses, and corrects infrastructure problems that affect the availability and performance of applications that run on Microsoft web and Citrix infrastructures. It provides integrated end-to-end infrastructure visibility and control so that IT staff can proactively diagnose and resolve problems before users call the help desk and the business suffers. Industry recognition for the VIEO solution includes ComputerworldÍs 2004 Innovative Technology Award and InfoWorldÍs 2004 Systems Management Product of the Year. Lead by IT visionary and successful serial entrepreneur Bob Fabbio, VIEO is headquartered in Austin, Texas.

CONTACT
Darlene Doyle
Lois Paul & Partners
781-782-5868
Darlene_doyle@lpp.com

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