Presseberichte

REI and STAAD Product Lines Officially Part of Bentley Systems

Board to Recommend Use of Proceeds, Business Plan

YORBA LINDA, CA - November 21, 2005 - netGuru, Inc. (Company) (Nasdaq: NGRU), announced the completion of the sale of the assets and business of netGuru's Research Engineers (REI) division to privately held Bentley Systems, Inc. for $23.5 million.

The Company expects to realize approximately $21.9 million in net proceeds, of which $2.5 will be reserved for taxes and contractual reserves, $3.4 million will be used to repay long-term debt, and approximately $16.0 million will be used for general corporate purposes.

netGuru Chairman and Chief Executive Amrit Das commented: "After transaction costs, taxes, repayments of debt, and establishing contractual reserves, we anticipate adding approximately $16.0 million to the Company's cash position.

"netGuru's board of directors and management are evaluating alternatives for using these funds as well as strategies for the Company," Das continued. "We are discussing the possibilities and expect to announce what netGuru's board of directors recommends as the best direction for shareholders and the Company."

About netGuru

netGuru is an engineering information technology and services company offering engineering analysis and design software, collaborative software solutions, and professional and technical information technology services and support to businesses worldwide. netGuru serves its global markets and clients through offices located in the United States, Europe, Asia, and the Middle East, and through distributors in 40 countries. The Company licenses its engineering software and solutions to more than 19,000 businesses in 100 countries. For more information please visit http://www.netguru.com/.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

With the exception of historical or factual information, the matters discussed in this press release, including the close of the sale of REI, timing of the close, performance under the terms of sale, post-sale business strategies, use of proceeds, and shareholder value, are forward looking statements that involve risks and uncertainties. Actual future results may differ. Factors that could cause or contribute to such differences in results include, but are not limited to, ability of the parties to perform under their agreements, demand for engineering and design software, competition, and other factors discussed in the „Risk Factors“ Section of netGuru’s Form 10-KSB for the fiscal year ended March 31, 2005, and other filings made with the U.S. Securities and Exchange Commission.

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