SOUTH SAN FRANCISCO, CA, June 8, 2005 -- BitMover Inc, the provider of BitKeeper, the industry's only peer-to-peer collaborative development tool, today announced the release of the eagerly anticipated 3.2.4 version of BitKeeper. This latest release includes many enhancements and new functionality including new event triggers, performance improvements, and the ability to check for and install new releases.

BitKeeper continues to pave the way in the SCM marketplace and this latest release highlights the strategic advantages of BitKeeper's unique peer-to-peer architecture. This distributed and replicated system has proven itself as the tool of choice for both collocated and remote development teams. Companies may request an evaluation copy at:

http://www.bitkeeper.com/cgi-bin/license.cgi

"We listen closely to our customers needs and it's exciting to see their requests transformed into tangible features with each new release." said Bob Burres, BitMover's VP sales, "It's very gratifying to be associated with a product that provides such a great value to our customers."

BitKeeper 3.2.4 is the final release under BitMover's highly successful program supporting Open Source development. BitMover will now focus their resources on accelerating the execution of their exciting roadmap of innovative development tools. The first release of the commercial only product will be BitKeeper 3.3.0 and is expected later this year.

"We are looking forward to being able to accelerate the development of features that will further enhance the productivity of commercial developers. Currently, BitKeeper is solving problems in the market that no other tool can solve and we are actively working with customers to drive the product in ways that solve even more real world needs," said BitMover CEO Larry McVoy.

About BitMover

Founded in 1998, BitMover Inc. is a privately held Silicon Valley-based company that produces BitKeeper. BitKeeper shortens the software development lifecycle by providing the industry's only peer-to-peer collaborative development tool. Many of the world's largest independent software and hardware vendors have used BitKeeper to more effectively manage their development projects. Companies from startups to the Fortune 50 use BitKeeper to increase their productivity. BitKeeper enables best practices in software development through powerful workflow capabilities, gives managers enhanced control over their projects, and enables greater productivity in engineers through best-in-class merge technology. More than 50,000 BitKeeper seats are deployed worldwide. For more information, please see http://www.bitkeeper.com.