NetIQ Corp. (Nasdaq:NTIQ), a leading provider of Systems & Security Management and Web Analytics solutions, today announced it will will be holding an analyst meeting in New York City on March 8, 2005. The NetIQ management team will discuss NetIQ’s vision and strategy for the company and products. A live webcast of the NetIQ Analyst Meeting, including slides of management’s presentations, can be accessed on March 8, 2005 beginning at 6:00 AM Pacific Time.

The webcast can be accessed at http://www.netiq.com/about_netiq/investor_relations/investorconferencecall.asp (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at www.fulldisclosure.com, Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, www.streetevents.com.

For more information on attending the analyst event in person, please contact Shelly Saunders at 408-856-3183.

About NetIQ

NetIQ Corp. (Nasdaq: NTIQ) is a leading provider of Systems & Security Management and Web Analytics solutions. In addition to managing Windows-based applications, NetIQ delivers cross-platform solutions that enhance business performance resulting in higher returns on infrastructure and Web investments. NetIQ products are sold worldwide, directly and through a network of authorized NetIQ distributors and resellers. The company is headquartered in San Jose, Calif., with development and operational personnel in Houston, Texas; Portland, Ore; Raleigh, N.C.; Bellevue, Wash.; and Galway, Ireland. For more information, please visit the company's web site at www.netiq.com or call (888) 323-6768.