Gartner Names Spiceworks One of Six 2008 ''Cool Vendors in IT Operations''

AUSTIN, Texas--(Business Wire)--
Spiceworks(TM), Inc., the provider of the industry's first free
ad-supported IT management software, today announced it was named a
2008 "Cool Vendor in IT Operations" by Gartner, Inc., a leading
information technology research and advisory company. Released on
March 31, the Gartner report highlights six breakthrough technology
vendors that address challenging issues or produce new business models
to satisfy customer demand. Gartner recognized the Spiceworks IT
Desktop as: "...an innovative solution, particularly useful for SMBs
that attempt to solve the IT Operations Management problem."

"Being recognized by Gartner as a 'cool vendor' is a great honor,"
said Jay Hallberg, co-founder and vice president of Marketing for
Spiceworks. "We specifically set out to create a powerful and useful
IT management solution for the underserved SMB market. It's exciting
to garner praise for our work from industry experts and to see our
application being rapidly adopted by users around the world."

The Spiceworks IT Desktop is the industry's first free IT
management application and collaboration platform. Designed for SMBs
with up to 250 employees, Spiceworks is currently used by more than
250,000 IT professionals in 194 countries around the world to manage
their technology operations. The Spiceworks IT Desktop allows IT users
to discover, inventory, monitor, track, report on, troubleshoot and
repair the hardware and software running in their networks. It also
provides a built-in help desk and a community of users that can
collaborate with each other to solve pressing IT problems and share
news and advice in their daily workflow.

The free Spiceworks application platform is supported by
displaying relevant, non-intrusive ads on topics that are useful to IT
professionals. According to the Gartner report: "This business model
enables technology vendors to extend their reaches in this challenging
area of the SMB market by providing them with an opportunity to
cost-effectively increase their presence and businesses."

More than 40 top advertisers - including HP, Intel, Rackspace,
Microsoft, Brother, Symantec, McAfee, Netgear, Sony and TrendMicro -
have experienced success with campaigns to the Spiceworks user
community, which now supports networks with over 11 million devices
and more than 7 million employees. For more information on Spiceworks,
visit www.spiceworks.com.

About Spiceworks

Founded by network and systems management software pioneers,
Spiceworks develops the industry's first free IT management software
designed to meet the unique needs of small and medium businesses.
Spiceworks helps IT organizations easily manage their networks, solve
IT problems and find the products, services and information they need
to do their jobs. Spiceworks is a privately held company headquartered
in Austin, Texas with funding from Austin Ventures and Shasta
Ventures. For more information visit www.spiceworks.com

Spiceworks is a trademark of Spiceworks, Inc. All other names may
be trademarks or registered trademarks of their respective owners.

For Spiceworks
Karl Scholz, 512-493-0909
karl.scholz@virtualprdirector.com

Copyright Business Wire 2008