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Press release
MICHAELS STORES CUTS REGRESSION TESTING FROM DAYS TO HOUR
WITH RADVIEW'S WEB-BASED AUTOMATED TESTING TOOLS



Burlington, MA, January 22, 2004 - RadView™ Software Ltd. (Nasdaq: RDVW), a leading provider of solutions for verifying the performance, scalability and integrity of business-critical Web applications, today announced Michaels Stores, Inc., the world's largest retailer of arts, crafts, framing, floral, wall decor, and seasonal merchandise for the hobbyist and do-it-yourself home decorator, has substantially increased the efficiency of testing its Internet, extranet, and intranet-based applications by using RadView's WebLOAD and WebFT automated testing tools.

"Prior to using RadView tools, we manually tested our applications. It took three to four days alone to test our Web-based EDI application," said James Wallace, testing supervisor for intranet, Internet and extranet-based testing at Michaels Stores, Inc. "Now we can complete a full regression test using WebLOAD and WebFT in just two hours. On our consumer website, an application that allows customers to buy custom-framed artwork used to take three days to regression test and now, with WebFT, it takes only two hours."

This savings has allowed Michaels' Internet Services Group to test more often and earlier in the development cycle. With RadView's tools, the team has been able to reproduce errors, which, in turn, has enabled faster debugging. In addition, RadView's WebLOAD and WebFT's tight integration allows for the sharing of test scripts between applications, which has further increased the team's efficiency.

The development and test teams work together on a daily basis to deliver highly efficient, functional applications for customers, suppliers, and the stores themselves. "The JavaScript functionality has improved communication with our Java-based development team and that has also added to our increased efficiency," added Wallace.

"RadView's tools are designed to work together and to encourage collaboration between test engineer and developer," said Ilan Kinreich, president and CEO of RadView Software. "With the growing complexity of Java applications, the JavaScripting capabilities of our tools ease the testing of these applications while improving the communication between test engineer and developer."

The team uses RadView's tools to test the consumer site (www.Michaels.com) and several other Web-based applications from direct EDI communication applications to internal Oracle-based applications to a complex Web services application. "The bottom line is that now we test more of each application." This allows us to catch bugs prior to production where money is lost if consumers log off the website without completing a purchase."

Michaels Stores, Inc. is the world's largest retailer of arts, crafts, framing, floral, wall decor, and seasonal merchandise for the hobbyist and do-it-yourself home decorator. The Company owns and operates 798 Michaels stores in 48 states and Canada, 11 Village Crafts stores across the U.S., 158 Aaron Brothers stores, located primarily on the West Coast, two ReCollections stores in Dallas and Frisco, Texas, and two wholesale operations in Atlanta, Georgia and Dallas, Texas.

About RadView Software Ltd.
RadView™ Software Ltd. (Nasdaq: RDVW) is a leading provider of solutions for verifying the performance, scalability and integrity of business-critical Web applications. Deployed at over 1300 customers worldwide from major industries such as financial services, retail, manufacturing, education and technology, RadView's award winning products enable customers to reduce costs while improving the quality of its Web applications throughout the development lifecycle. Corporate offices are located in Burlington, MA. For more information visit http://www.radview.com or call 1-888-RADVIEW.


Media Contacts
Beth Clark
RadView Software
781-238-1133
bclark @ radview.com

Statements concerning RadView's business outlook or future performance; anticipated revenues, expenses or other financial items; product introductions and plans and objectives related thereto; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are "forward-looking statements" as that term is defined under U.S. Federal securities laws. Forward-looking statements are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from those stated in such statements. These risks, uncertainties and factors include, but are not limited to: our limited operating history and history of losses; market acceptance of our products; ability to develop new products and enhance existing products; impact of significant competition; and other factors detailed in RadView's filings with the Securities and Exchange Commission. RadView assumes no obligation to update the information in this release. RadView, WebLOAD, WebRM, WebLOAD Analyzer and WebFT are trademarks of RadView Software Ltd. Other names may be trademarks of their respective owners.