I would like to start by agreeing, and also diagreeing, with the two previous posts.
It is true that the Agilent Peak Purity software is complex (I have a 40 page report on the statistics involved, and it is at my limit of understanding). However, if you really understand the Peak Purity software, you will probably decide not to use it! The problem? I can make the peak pure or impure (green or red on the screen) just by adjusting the parameters.
This approach has been developed to produce a simple answer ("Green is good, red is bad") to a complex question (Is this a pure peak?). It allows less experienced analysts and decision makers to draw conclusions without thinking about what the data really say (the computer says it's pure so it must be true!). A false sense of security, I think.
If you have poor sensitivity and poor chromatography, you are likely to get an unreliable result, which makes sense. But if you have very good chromatography and spectra, the system will often label the peak as impure because the noise-based threshold is 999.7 and the actual peak is at 999.6. This, of course, is an absurd conclusion.
Using a value of 990 as a fixed threshold is a good place to start. But I also agree that you must not stop there. You must look carefully at the data, and all the other information that you may have, and then draw your conclusions based on the science, not the color on the screen.