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Oct 26, 00

Large Enterprise Sales Fuel Onyx Software Record Q3 Results
CEO interviewed Wednesday on CEOCast

Bellevue, Wash. - Onyx Software (Nasdaq: ONXS) President & CEO Brent Frei was interviewed Wednesday on CEOcast (www.ceocast.com) where he addressed the company's record revenue growth and growth strategy for delivering Internet-based relationship management solutions to large enterprises.

"Onyx continues to make significant inroads into the enterprise. What's impressive is the number of license sales in excess of one million dollars," said interviewer Michael Wachs. Onyx reported 63 customer wins in the third quarter, with four of them more than million-dollar deals. The company recorded $32.8 million in revenues in Q3, 108 percent growth over the same quarter last year. Pro forma net income for the quarter was $0.02 per share on a fully-diluted basis.

Q3 2000 marks the seventh quarter in a row that Onyx has exceeded analyst expectations on both the top and bottom lines.

"Some strategic differentiations that give us an advantage in this market. One is the integrated nature of our software and the fact that it's Web-architected which allows us to sell deals in the mid market, where there are about 400,000 companies that are potential targets as well as in the high end which is one of the areas that we've had a lot more traction in recently," said Onyx's Frei. "Deployment, management and customization of our software is very cost effective. In today's Internet-speed economy, if you can't change your business systems at the rate at which your business strategy changes you're at the wrong end of the game. That is a major advantage for us."

Also highlighted in the interview is Onyx Software's growth strategy, recent deals with Softbank and IBM resellers, the company's vertical expertise and the outlook for the customer relationship management and e-business sector, which is projected by industry analyst firm Aberdeen Group to grow to $43 billion by 2003.

Register and access the interview at www.ceocast.com.

CEOCast
CEOcast is the premier source of original and syndicated streaming broadcast interviews of Chief Executive Officers at public and private news-making companies. Organized by industry, its analysts average over 15 years experience covering and evaluating Wall Street's leading companies. CEOcast's programming is distributed to millions of on-line investors at over 700 financial web sites as well as to more than 20,000 portfolio managers, buy-side analysts and traders at more than 3,300 North American institutions. Content is also disseminated to over 7,000 investment research professionals representing over 425 institutions.

About Onyx Software
Onyx Software Corp. (Nasdaq: ONXS) is a global supplier of enterprise-wide, customer-centric e-business applications. Onyx Software's enterprise-class software connects and powers a company's entire e-business world, including customers, partners and sales, marketing, service and call center functions, making total customer and partner information available enterprise-wide.

Onyx Software's award-winning products are known for flexibility, reliability and ease of use, resulting in high return on investment, low total cost of ownership and industry-leading customer satisfaction. Onyx operates worldwide, supporting large, medium and small companies including Agile Software, American Express, Broadwing, Commerce One, Credit Suisse, Dreyfus, FirstWorld Communications, Hummingbird, NTL Group, Portland Trail Blazers, Prudential Securities, Sierra Health Services and Singapore Cable Vision. For more information, call 888-275-6699 or email info@onyx.com. Please visit www.onyx.com/annualreport to download the Onyx Software 1999 annual report and 10K.

This press release contains forward-looking statements. 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 Onyx's actual results include, but are not limited to, 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 quarter ending June 30, 2000. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as to the date of this release. Onyx undertakes 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.

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Contact: Heather Knox
PR Director
Onyx Software
Telephone: 425.519.9225
Fax: 425.732.2414
Rosemary Moothart
Investor Relations Director
Onyx Software
(425) 519-4068

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MEDIA CONTACTS
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Mitch Briggs Public Relations Coordinator
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Richard Furby
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