SALT LAKE CITY, May 14 /PRNewswire/ --

TenFold Corporation (Nasdaq: TENF), a provider of the Universal Application(TM) and large-scale applications, today announced the resolution of two customer disputes, one of which was with Trumbull Services LLC.

TenFold signed a contract

with Trumbull in August 1999 to deliver a policy management application. In August 2000, Trumbull terminated the project and filed a demand for arbitration under the contract. Both parties asserted demands for damages under the contract. On May 10, 2001, Trumbull and TenFold settled their differences, and as part of the settlement agreed to dismiss all claims against the other without either party admitting liability. TenFold's errors and omissions insurance carrier paid a confidential settlement sum above the $100,000 of self-insurance retention paid by TenFold to cover legal defense costs. The parties are in the process of dismissing the arbitration in its entirety.

"By vigorously defending our contractual rights against Trumbull, we were able to resolve this dispute on terms favorable to TenFold," said Jonathan Johnson, general counsel of TenFold Corporation. "TenFold intends to continue to vigilantly defend itself in all outstanding legal matters and bring them to positive resolution."

On another front, TenFold disclosed in its Form 10-K filed on April 12, 2001, that on April 4, 2001, it received a letter from an unnamed customer alleging that TenFold had materially breached its contract with that customer. On May 2, 2001, TenFold entered a Termination and Settlement Agreement with this customer under which the customer paid TenFold a compromised and confidential settlement amount.

"We are pleased that these customer disputes have been resolved on favorable terms for TenFold," said Nancy Harvey, president and CEO of TenFold Corporation. "The positive resolution of these two matters, together with the settlement of the Unitrin dispute in March, is very encouraging news for TenFold, our shareholders and our customers."

About TenFold

TenFold Corporation (Nasdaq: TENF) is a provider of the Universal Application(TM), an applications development platform, and large-scale applications for customers in communications, energy, financial services, healthcare, insurance, and other industries. Using its patented Universal Application, TenFold delivers dynamic packaged applications that meet customers' needs in rapidly changing business environments, and that are flexible to adapt to changing needs over time. For more information, call (800) TENFOLD or visit www.10fold.com.

This release contains forward-looking statements that involve risks and uncertainties that may cause actual future events or results to differ materially from those described in the forward-looking statements. The forward-looking statements in this release address a variety of subjects, including for example, the dismissal of the arbitration claims and the vigilant defense and positive resolution of outstanding legal matters. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in documents filed by TenFold Corporation with the Securities and Exchange Commission, including but not limited to, the most recent reports on Form 10-Q, 10-K, and S-1.

MAKE YOUR OPINION COUNT - Click Here

http://tbutton.prnewswire.com/prn/11690X80614912