EXHIBIT 99.1


Contacts:
Investor Relations                                      Media Relations
George Chandler                                         Ed Bryson
Dir. Of Corporate Development                           Public Relations Manager
(972) 403-8300                                          (972) 543-5117
gchandler@metasolv.com                                  ebryson@metasolv.com


              METASOLV TO RELEASE SECOND QUARTER FINANCIAL RESULTS

PLANO, TEXAS, July 3, 2002 - MetaSolv, Inc. (Nasdaq: MSLV), a global leader in
communications management solutions for next-generation and traditional networks
and services, today announced it will release financial results for its second
quarter of 2002 after the close of the market on July 24, 2002.

Following the release of the results, MetaSolv will host a conference call at
5:00 p.m. ET. CEO Jim Janicki and CFO Glenn Etherington will comment on the
financial results, as well as the Company's overall strategy and financial
outlook.

The live broadcast of MetaSolv, Inc.'s quarterly conference call will be
available online at www.metasolv.com (click on the link to Investor Relations)
and at www.streetevents.com. The call is scheduled to begin at 5:00 p.m. ET on
July 24, 2002. The on-line replay will be available shortly after the call and
continue for 30 days.

A dial-in telephone replay of the conference call will be available from 8:00
p.m. ET on Wednesday, July 24 through July 31. The dial-in replay number is
719-457-0820, and the confirmation number is 378041.

About MetaSolv

MetaSolv, Inc. (Nasdaq:MSLV), through its wholly owned subsidiary, MetaSolv
Software, Inc., is a leading global provider of communications management
solutions that help service providers and businesses optimize their traditional
and next-generation networks and services. Founded in 1992, MetaSolv is
headquartered in Plano, Texas and has regional offices in key global cities.
MetaSolv's web site is www.metasolv.com. Contact MetaSolv directly at (800)
747-0791.

MetaSolv is a registered trademark. The MetaSolv logo and MetaSolv Solution are
trademarks of MetaSolv Software, Inc. All other trademarks are property of their
respective owners.