Motive, Inc. Announces Initial Public Offering AUSTIN, Texas, June 25 /PRNewswire-FirstCall/ -- Motive, Inc. (NASDAQ:MOTV), a provider of management software that enables technology products to manage themselves, today announced its initial public offering of 5,000,000 shares of common stock at a price of $10.00 per share. In addition, Motive and a selling stockholder have granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock to cover over- allotments. The shares will be listed on The Nasdaq National Market under the symbol 'MOTV' and will begin trading today. The managing underwriters of the offering are JPMorgan acting as sole book-runner, with co-lead Thomas Weisel Partners LLC and co-managers Friedman Billings Ramsey, Needham & Company, Inc., and America's Growth Capital. A copy of the written prospectus related to this offering may be obtained from J.P. Morgan Securities Inc. at 277 Park Avenue, New York, NY 10172. A registration statement related to these securities has been declared effective by the Securities and Exchange Commission. The public offering is being made solely by means of prospectus. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sales would be unlawful prior to registration or qualification under the securities law of any such state. About Motive, Inc. Motive, Inc. is a leading provider of management software that enables technology products to manage themselves. Motive's software adds management intelligence and automation to technology products and services, allowing them to install, diagnose and repair themselves, or guide users through simple steps when necessary. Companies worldwide have used Motive's software in connection with more than 30 million products and services. Founded in 1997, Motive is headquartered in Austin, Texas and has offices in Europe and Asia. For more information, visit http://www.motive.com/ . Motive and the Motive logo are trademarks or registered trademarks of Motive, Inc. All other products or services mentioned herein are trademarks of their respective holders. Contact: April Downing (Investor Relations) (512) 531-1038 Cybele Diamandopoulos (Public Relations) (512) 506-4272 DATASOURCE: Motive, Inc. CONTACT: investor relations, April Downing, +1-512-531-1038, or , or public relations, Cybele Diamandopoulos, +1-512-506-4272, or , both of Motive, Inc. Web site: http://www.motive.com/

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