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New Mexico Software Authorizes Interwest Transfer to Move its Common Stock Into the DTC Fast System
Interwest Transfer Moves Toward Paperless Operations
ALBUQUERQUE, N.M., Feb 22, 2005 /PRNewswire-FirstCall via COMTEX/ --
New Mexico Software Inc. (OTC Bulletin Board: NMXS), a leading provider of next-generation digital lifecycle management solutions, announced that effective today, Interwest Transfer, the company's transfer agent, has been authorized to move NMxS.com common stock into the Depository Trust Company (DTC) Fast System.

DTC is the central depository for the brokerage community where stock and bond certificates are deposited or transferred by the broker participants. The main function of DTC is to clear and settle stock trades and to provide custody of securities in an automated environment. For every trade, there is a buyer and a seller. DTC provides an efficient and safe way for the buyer and seller to exchange securities electronically and in a centralized location eliminating the need for physical stock certificates and time for transit.

Kurt Hughes, vice president of Interwest Transfer, said, "New Mexico Software is now eligible to have our company move its shares electronically with the DTC Deposit Withdrawal At Custodian (DWAC) system in keeping with the current technology available. Interwest is now handling a number of new technology initiatives for our clients as we move toward a more efficient and less paper intensive operation.

"In an attempt to better serve our clients and more efficiently deal with the paper nightmare, Interwest is moving to digital scanning of all paperwork as in enters the Interwest system. We've been using the New Mexico Software Digital Filing Cabinets to store, archive and access important information on demand," Hughes said.

Dick Govatski, CEO of New Mexico Software, said, "We've been working closely with Interwest Transfer with our Digital Filing Cabinet technology. Our plans are to continue to provide unique financial services products to Interwest Transfer to accommodate the need to have access to online databases and to facilitate integration with their customers."

About DTC

DTC is a member of the Federal Reserve system, owned by the Depository Trust and Clearing Corporation (DTCC). DTCC, in turn, is owned by several banks, brokerage houses and trading exchanges.

About Interwest Transfer

Interwest Transfer is one of the nation's largest independent stock transfer agencies. Interwest Transfer Company, Inc. handles the records for over 1,500 companies. The company disburses dividends, handles stock splits, issues and converts warrants and debentures and provides all of the services needed by any company to insure the proper handling of corporate securities records. Interwest Transfer Company, Inc. is headquartered in Salt Lake City, Utah.

About New Mexico Software

The company is a leading provider of next-generation digital lifecycle management solutions. It is the only public company providing totally integrated services that a customer would normally need to outsource to several different suppliers. With the New Mexico Software business model and technology, the company is able to provide the software, custom programming, hosting and database administration as a total solution.

For more information on New Mexico Software, contact Dick Govatski, [phone], [e-mail] . An investment profile on New Mexico Software may be found at http://www.hawkassociates.com/nms/profile.htm. To be placed on an e-mail alert for news about New Mexico Software, contact Frank Hawkins or Ken AuYeung, Hawk Associates, at [phone] or via e-mail at [e-mail] . For an online investor relations kit, go to http://www.hawkassociates.com or http://www.hawkmicrocaps.com .

The foregoing press release contains forward-looking statements including statements regarding the company's expectation of its future business. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the company's control. Actual results could differ materially from these forward-looking statements.

SOURCE New Mexico Software

Dick Govatski of New Mexico Software, [phone], or
[e-mail]


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