Onyx Software Anticipates Exceeding Q2 Expectations
Final Results and Conference Call Scheduled for July 23

BELLEVUE, Wash. - Onyx® Software Corp. (NASDAQ: ONXS) announced today preliminary financial results for the quarter ended June 30, 2002 that it anticipates will exceed expectations.

For the second quarter of 2002, the company expects to report revenue of approximately $18 million, compared to $14.6 million in the first quarter of 2002. Virtually all of the sequential quarter revenue growth resulted from increased license sales, including additional licenses purchased by an existing customer that represented more than 10 percent of expected revenue.

Pro-forma operating results, excluding amortization of intangibles and any restructuring charges, are expected to be in the range of breakeven.

"We have been seeing greater sales activity related to opportunities of significant size," said Brent Frei, chief executive officer of Onyx Software. "Through improved sales execution, several of these opportunities became customer wins in the second quarter."

On June 11th, the company shipped Onyx Enterprise 4.0, which was specifically developed to run on a Web services-enabled platform. The release also added support for the Oracle database, thereby expanding the addressable market the company serves.

Onyx Software announced these preliminary results to facilitate the company's internal discussion of successful sales strategies at its upcoming global sales conference. The company expects to release final second quarter results and host a conference call Tuesday, July 23. We suggest you access the call 10-15 minutes prior to the start time by signing on at http://investor.onyx.com. The call will be archived and available for replay at this same URL. Alternatively, you can participate by phone.

Onyx Software Second Quarter Conference Call:

When:	Tuesday, July 23, 2002
Time:	4:30 pm (Eastern) / 1:30 pm (Pacific)
Dial-In:	1-888-202-2422
International Dial-In:	1-913-981-5592
Replay:	1-719-457-0820 (available through Tuesday, July 30, 11:45 pm,)
Passcode:	620849

About Onyx Software
Onyx Software Corp. is a global supplier of customer relationship management (CRM) enterprise applications that power a company's entire business world, connecting sales, marketing and service organizations with customers, prospects and partners. Through an innovative mix of Internet technology, strategic services and customer commitment, Onyx helps companies create the seamless, branded customer experiences they need to forge competitive advantage and build real business value. Its reliable, scalable, flexible, holistic solutions enable companies to attract, acquire and retain customers and partners across all channels and touch points. Onyx customers include American Express Co., Broadwing Inc., Commerce One Operations Inc., Credit Suisse, Dreyfus Corp., Prudential Investments and The Regence Group. More information can be found at 888-ASK-ONYX, or email info@onyx.com.

This press release contains forward-looking statements, including statements about our expected financial results for the second quarter of 2002 and other statements about our plans, objectives, intentions and expectations. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Factors that could affect our actual results include, but are not limited to, the risk that our quarterly accounting review procedures or developments after the date of this release result in changes to our results announced in this release and the "Important Factors That May Affect Our Business, Our Results of Operations and Our Stock Price" described in our quarterly report on form 10-Q for the period ended March 31, 2002. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as to the date of this release. We undertake no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.

Onyx is a registered trademark of Onyx Software Corporation in the United States and other countries. Other product or service names mentioned herein are the trademarks of their respective owners.

Contact:

Bob Craig Onyx Software 617-314-6846

Rosemary Moothart Investor Relations Director Onyx Software (425) 519-4068

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MEDIA CONTACTS

Americas / Corporate Headquarters Mitch Briggs Public Relations Coordinator Consona Corporation Telephone: 317.249.1620 Mobile: 317.829.4210 Europe, Middle East, Africa Richard Furby Managing Director, Onyx UK Telephone: +44 (0) 1344 322 199 Fax: +44 (0) 1344 489 035 Japan Daisuke Sawamura Director, Professional Services Telephone: +81 03 5215 7311