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Press release

More Support for Linux—ObjectShare Announces VisualWorks 3.0

IRVINE

ObjectShare, Inc. (NASDAQ:OBJS) the premier provider of component solutions for internet computing, today announced that the VisualWorks software development tools will join the growing market for the Linux operating system. VisualWorks for Linux provides programmers with the first complete and robust toolset for the creation of internet applications that are dynamic, portable and powerful. VisualWorks has been available as a non-commercial product on the Linux platform since September of 1998.

"We are excited to provide VisualWorks to the Linux market," said James Smith, senior vice president of worldwide sales and marketing at ObjectShare. "We have seen tremendous interest in our non-commercial product and a huge demand that this product be made available for commercial use. We feel this presents a great opportunity for us to capture a key position in the fastest growing operating system market and that VisualWorks will provide Linux with the necessary tools to create robust network software applications."

According to a recent study from International Data Corporation, market share for Linux rose from 6.8 percent to an estimated 17.2 percent of server operating system shipments. Utilizing VisualWorks, Linux developers can develop and instantly deploy their applications to any of eleven supported platforms. "We are elated with the release of VisualWorks to the Linux community," said Travis Griggs, technical lead with Key Technology.

"We took the new version of our main product line's software written in VisualWorks for NT and ported it to a Linux box in less than 10 minutes. This system comprises 500+ classes, and includes a highly customized user interface built especially for touch screen systems. The system ran without a hitch. From Win32 to X-Windows, in a matter of minutes and it ran even faster!"

"Linux as a viable option for the enterprise is quickly gaining momentum," said Bob Young, CEO, Red Hat, Inc. "The availability of robust, enterprise development tools for Linux, such as VisualWorks, gives developers proven tools to build mission critical Linux applications. We are seeing a real surge in demand for just these types of tools."

Linux is a freely distributable, cooperatively-developed POSIX-based, multi-user, multi-tasking operating system used worldwide. Linux is used as a high value, fully-functional UNIX? implementation for applications ranging from Internet Servers to reliable workgroup computing. ObjectShare will premier VisualWorks 3.0 for Linux at the first annual Linux World Conference and Exposition, March 1-4, 1999, in San Jose, California. For more information about the conference please go to www.linuxworldexpo.com. ObjectShare will be in exhibit spaces 2027 and 2029.

Pricing and availability

VisualWorks 3.0 for Linux will be available in a commercial edition in the first quarter of 1999, supporting Red Hat Linux 5.x on the Intel processors. Special introductory pricing of $495 will be offered for a limited time for development licenses on Linux. Deployment licenses for the Linux version will also be available from ObjectShare.

About VisualWorks

VisualWorks is a powerful object-oriented application development environment for building state-of-the-art internet computing applications that are completely portable across Windows, Macintosh and most UNIX platforms. VisualWorks developers benefit from an integrated development environment, that includes a powerful suite of development tools, such as the ObjectLens for bridging between relational databases and objects, the GUI interface painter and the proven ANSI compliant VisualWorks Smalltalk language. VisualWorks applications are easy to maintain enable rapid development and allow dynamic response to changes in your business. VisualWorks Non-Commercial is available as a free download from ObjectShare's web site. The VisualWorks product suite includes add-ons enabling deployment to the Web, development of distributed applications, interfaces to legacy code, creation and access of COM components and flexible access to relational databases.

About ObjectShare, Inc.

Founded in 1983, ObjectShare, Inc. (NASDAQ: OBJS) is the premier provider of object-oriented component solutions for internet computing. With complete support for industry standards using Java or Smalltalk, the company offers development environments, frameworks, along with consulting, education and support services worldwide. Headquartered in Irvine, California, the company also maintains offices in Sunnyvale, Germany, Japan, and the United Kingdom. For more information about ObjectShare, please call 1-800-759-7272 or 949-833-1122 or visit http://www.objectshare.com

Common with UNIX footnote

LINUX is a trademark of Linus Torvalds. Red Hat is a registered trademark of Red Hat, Inc. UNIX is a registered trademark of The Open Group. All other names and trademarks are the property of their respective owners.

About Red Hat

Red Hat is the world’s leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, and open source communities, Red Hat helps create relevant, innovative technologies that liberate resources for growth and prepare customers for the future of IT. Learn more at http://www.redhat.com.

Forward-looking statements

Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to delays or reductions in information technology spending; the effects of industry consolidation; the ability of the Company to compete effectively; the integration of acquisitions and the ability to market successfully acquired technologies and products; uncertainty and adverse results in litigation and related settlements; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company’s growth and international operations; fluctuations in exchange rates; and changes in and a dependence on key personnel, as well as other factors contained in our most recent Quarterly Report on Form 10-Q (copies of which may be accessed through the Securities and Exchange Commission’s website at http://www.sec.gov), including those found therein under the captions "Risk Factors" and "Management’s Discussion and Analysis of Financial Condition and Results of Operations". In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic and political conditions, governmental and public policy changes and the impact of natural disasters such as earthquakes and floods. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this press release.