

Jim Harrer                              Marcel Goldstein, A.E./P.R.
President/CEO                           William L. Prichard, V.P./P.R.
Mustang Software, Inc.                  Fisher Business Communications, Inc.
Tel: (805) 873-2500                     Tel: (714) 556-1313
Fax: (805) 873-2599                     Fax: (714) 556-1216
BBS: (805) 873-2400                     BBS: (714) 556-1034
Internet: http://www.mustang.com             Internet: pr@fbiz.com

For Immediate Release
Price:  $  69 Upgrade
        $ 129 New

             MUSTANG SOFTWARE INTRODUCES INDUSTRY'S

      FIRST ON-LINE COMMUNICATIONS SOFTWARE FOR WINDOWS 95

          New Generation Program Offers Users 32-Bit,
                    Multi-threaded Performance

     BAKERSFIELD, Calif., June 15, 1995 -- Mustang Software, Inc.
(Nasdaq: MSTG) plans to ship the industry's first aftermarket on-
line communications software for Windows 95 -- QmodemPro for
Windows 95 version 2.0, in conjunction with Microsoft's release
of Windows 95, scheduled for August 24, 1995.  QmodemPro offers
the consumer a wide array of features including file transfers,
terminal emulation, TAPI and OLE 2.0 all utilizing full 32-bit
multi-threaded technology.

     With their newest release, Mustang hopes to define its
position as an industry leader with the ability to drive the
communications market and fill consumer needs in short order.
As communications specialists, we immediately recognized that
consumers weren't going to be satisfied with the terminal
software included with Windows 95, explains Mustang CEO Jim
Harrer.
                                
     QmodemPro allows computer users to take full advantage of
their modems, whether they are connecting to a computer Bulletin
Board System (BBS), corporate mainframe or another PC to transfer
data and files.  It has numerous features beyond the Windows 95
standard terminal program, including a phone book, a Telnet
client, programmable toolbar, graphic viewer, OLE 2.0 drag & drop
handling, script language, macro keys, host mode, 35 terminal
emulations and 11 file transfer protocols.
Features Enhance On-line Sessions

     QmodemPro boasts an impressive 35 terminal emulations so
that on-line sessions operate smoothly no matter what the remote
connection expects. Among the wide variety of emulations are
ANSI, RIPscrip, VT100, VT220, VT320, IBM 3270, and WYSE 30
through 185.  In addition to terminal emulations, users can take
advantage of keyboard remapping and macro definition to customize
the terminal to their specific needs.

     QmodemPro's Phone Book gives the user a place to store their
most frequently dialed systems such as a BBS or Mainframe. Once a
system has been added to the phone book, the user can reference
the system with an icon of their choice for easy point and click
operation.  Phone Books can be sorted a variety of ways, and
individual Phone Book Icons can be dragged and dropped directly
on the Windows 95 desktop to create a shortcut to a specific
entry.

     Other impressive features in QmodemPro include a
programmable toolbar and graphical file viewer.  The toolbar can
be customized from nearly 50 different program function icons
which can be moved and arranged to create a truly personalized
interface.  The graphical file viewer can be used to display
files in GIF (graphics interchange format), BMP (bit map) and
JPEG (joint photographic experts group) formats. As more and more
BBSs include graphic files in their file libraries, the viewer
can be configured to fully automate the display of graphics while
downloading, and even offers a zoom feature for close-up
inspection.

     Taking advantage of true 32-bit multithreading technology,
QmodemPro's file transfer  protocols deliver exceptional CPS
rates even when minimized on the taskbar.  Every major
protocol is supported, including Zmodem, CompuServe B+, Ymodem,
Xmodem and ASCII, and they can even be used during a telnet
connection.

     QmodemPro offers the user a powerful script language with
QuickLearn capabilities for automating on-line sessions and
creating custom interfaces.  Modeled after the BASIC programming
language, the script language offers both a compiler and
debugger, seldom found in communication script languages. Coupled
with the new syntax highlighting editor that makes code much
easier to read, it's easy for even a novice to create and debug
powerful applications with minimal effort.
                                
Windows 95 allows Mustang to Add Features to QmodemPro

     With the Windows 95 platform, Mustang has been able to add
many new features to QmodemPro.  Some of these features include:

     -- TAPI (telephony API) support, enabling the sharing of
communication devices between multiple applications like
Microsoft Exchange Fax system, QmodemPro's Host Mode, Dial-Up
Networking and other applications which may need to share the
modem.  Credit card dialing and international dialing is handled
seemlessly.

     -- MAPI (mail API) support enabling users to transfer text,
images and files to many of the major electronic mail programs
including Exchange, Microsoft Mail and cc:Mail.

     -- OLE 2.0 support enables the user to drag a phone book
entry directly to the Windows 95 Desktop and connect to that
service right from the desktop by clicking on the icon.
Transferring files to another location (uploads) can also be done
using OLE by dragging files from other applications such as
Explorer to the QmodemPro upload box. Users can also drag text
from the terminal screen to another application or the desktop,
giving them total control of the information.

     -- Long file names and path support enables the user to make
full use of the Windows 95 file structure, an especially handy
feature when connecting to other long file name systems through
Dial-Up Networking and Telnet connections.

Product Offers Enhanced Features for Telnet Sessions

     QmodemPro incorporates access to the Internet by taking
advantage of the built-in support for it in Windows 95.  Besides
modem communication, users can now establish Telnet connections
to remote sites using QmodemPro's phone book.  The user simply
replaces the normal phone number entry with the desired Internet
address. Instead of dialing, QmodemPro routes the user to the
remote computer.  The advantage for the user is he/she has all
the benefits of QmodemPro's impressive list of emulations and
file transfer protocols during the telnet session, such as a
Zmodem file transfer from a BBS located on the Internet.

     Mustang addresses Internet security issues by implementing
automatic password
encryption in QmodemPro for Windows, utilizing the standard MD5
encryption algorithm. In order for it to be effective, the remote
host system must also support the MD5 secure password feature,
such as Mustang's own Wildcat! BBS product. Whenever QmodemPro is
used to telnet into a Wildcat! BBS, the user's password is first
encrypted before it is sent over the Internet so it can't be
compromised.

Features that Set QmodemPro Apart

     Users will benefit from other features found in QmodemPro,
including support for sound files that lets users attach .WAV
files of their choice to specific events such as a completed
download or disconnect.  The scrollback buffer size is
configurable, allowing each user to decide how many lines of text
should be stored in case they later want to see something that
scrolled off the screen.

     Up to 40 Macro Keys can be defined and customized for each
dialing entry.  One click of a button and a key can send
predefined text, run a script or call up one of QmodemPro's
internal features like the editor or graphic file viewer.

     Font selection is automatically based on window size,
allowing each user to control the size of terminal screen
characters by simply re-sizing the program window. QmodemPro will
find the largest terminal font that will fit in the window,
eliminating repeated guesswork.

     A special File Clipboard allows users to grab file names
from the terminal window for recall later.  For example, when
prompted by a BBS or CompuServe for a file to download, the user
recalls the names from the special clipboard instead of having to
type in each file name.

     QmodemPro fully supports Trimark's Doorway mode, popular
among BBSs for allowing full keyboard control, including function
keys with the remote program.
QmodemPro Allows Users to Take Advantage of Windows 95 Advanced
Features

     To benefit from the 32-bit horsepower provided by Windows
95, computer users need applications specifically designed to
harness it.  Using your old 16-bit communications software in a
32-bit environment will work, but it will adversely affect the
performance of the entire system, notes Mustang's CEO/President
Jim Harrer. The new QmodemPro delivers advanced features and
performance in a specifically-designed 32-bit package that keep
other Windows 95 applications humming.

     With this first telecommunications software for Windows 95
and our new version of our Wildcat! Bulletin Board Systems
software, which will be launched in the fourth quarter, Mustang
should significantly enhance its market position, he added.

     QmodemPro for Windows 95 will be available through national
retail chains such as Software Etc., Babbages, CompUSA, Computer
City, Electronic Boutique, Egghead, and other software outlets
and will carry a suggested retail price of $129.00.  Mustang's
products are also carried through several national distributors
including Ingram Micro, Merisel and DistribuPro.

     Existing Qmodem and QmodemPro customers will be able to
upgrade to QmodemPro for Windows 95 for $69.  Mustang is offering
these users an early bird upgrade special of $49 if they order by
September 30, 1995.

Mustang Software, Inc.

     Mustang Software, Inc. (MSI) designs, develops, markets and
supports software which permits computer users to communicate
with each other on-line using standard phone lines, local area
network (LAN) and wide area network (WAN) connections. MSI's
products include the Wildcat! line of bulletin board systems
(BBS) software, the QmodemPro line of
telecommunications software and the Off-Line Xpress series of
electronic mail ("E-mail") management software. All of MSI's
programs operate under DOS and most have companion versions for
Microsoft's Windows.

     Mustang Software, Inc. is a registered trademark, and the
company's products are sold under the trademarked names of
Wildcat!, QmodemPro and Off-Line Xpress.

     Founded in September 1986, MSI is headquartered at 6200 Lake
Ming Road, Bakersfield, CA 93306. In April 1995, MSI became a
publicly held company with its stock traded on the NASDAQ
exchange under the symbol "MSTG."

     The company can be reached by telephone at (805) 873-2500;
the toll-free telephone number is (800) 999-9619; FAX (805) 873-
2599 and BBS (805) 873-2400. MSI can also be reached through the
Internet's World Wide Web at http://www.mustang.com.

                              -end-

