Planview Continues Rapid Momentum in 2007

Company Experiences Double-Digit Revenue and Customer Growth, Secures Key Industry Partnerships and Accolades

Austin on 11 March 2008

Planview®, the leading independent provider of enterprise-wide portfolio management solutions, today announced its continued momentum in 2007 including revenue growth, customer acquisitions, key industry partnerships, product enhancements and industry accolades. The company experienced 52 percent year-over-year revenue growth in 2007. Planview also added new customers across a variety of industries in the U.S. and abroad, including Ball Corporation and ICON, U.S.; Allianz, Germany; Zurich Financial Services, Switzerland; Wind Telecomunicazioni SpA, Italy; ATAC (Groupe Auchan), France and Atradius, United Kingdom.

Planview was positioned as a leader in the Project and Portfolio Management industry in The Forrester Wave: Project Portfolio Management Tools, Q4 2007 (December 2007) by independent research firm, Forrester. In addition, Planview was positioned in the leaders’ quadrant in the Gartner Magic Quadrant for IT Project and Portfolio Management, 2007.1 The company was also recognized No. 241 of 500 in Software Magazine’s 2007 Software 500 list, a significant jump from 2006.

“Planview is executing on its strategic direction, delivering industry-leading solutions for enterprise-wide portfolio management,” said Pat Durbin, founder and CEO of Planview. “As the portfolio management discipline accelerates across the enterprise, Planview is seizing the opportunity to help customers optimize their business and make better investment decisions.”

Enhanced Product Offerings

Planview continued to deliver product innovation in 2007 with a commitment to usability, analytics and interoperability. The company kicked off the year with the introduction of Planview Enterprise 9, an upgraded version of its industry-leading portfolio management solution with a focus on improving the user experience for project managers. Planview then released Planview Enterprise 9.1 in November, which delivered more than 60 customer-driven enhancements, including Intelligent Help, an innovative tool designed to drive organizational adoption of portfolio management by integrating contextual help with best practices and E-Learning modules.

“Project portfolio management disciplines are becoming institutionalized and expanding from an application development department focus to an enterprise focus — with 32% of global technology decision-makers reporting that they practice project portfolio management at an enterprise level and an additional 17% practicing at both a business-unit and an enterprise level,” wrote Lewis Cardin, a senior analyst at Forrester Research in the November 2007 report The Customer View Of Project Portfolio Management Tools.

Planview Enterprise Business Process Manager (BPM) was introduced in July 2007, providing process design, automation, adoption and measurement capabilities. In September 2007, the company augmented its earned value management system (EVMS) offerings with the announcement of Planview Micro-Frame® Program Manager (MPM) Performance Manager, to provide more visibility and control over strategic business and IT programs for government agencies, program managers, and business analysts. Resulting from the company’s strategic relationship with BMC, Planview also introduced OpenSuite for BMC Remedy Change Management in the second half of 2007, providing integration between Planview Enterprise and BMC Remedy Change Management.

Acquisition and Partnerships

The growth in 2007 is due in part to Planview’s acquisition of Business Engine, which helped strengthen the company’s customer base and deepen its capabilities with earned value management and business process automation. The successful integration helped position Planview for future growth, particularly in financial services and United States Federal Government.

In 2007, Planview entered into several strategic sales, marketing and product relationships with industry leading organizations including BMC, Hitachi Consulting and Pervasive Software. Planview also strengthened its focus in the federal market, working closely with partners such as Fujitsu Consulting and SRA International to deliver comprehensive portfolio management solutions and services to federal agencies. In addition, Planview expanded its global footprint in 2007 and launched online resource centers for France, Germany, United Kingdom, and Italy.

Commitment to Customers

Committed to helping its customers drive innovation within their own organizations, Planview hosted a series of virtual and live events in 2007, including its largest and most successful user conference to date. The Planview Horizons User Conference featured more than 350 attendees, 9 partners, 25 customer presentations and 235 “Meet the Expert” sessions in November, and nearly 100 Planview users and partners attended Planview Horizons Europe in Nice, France in June. Additionally, Planview hosted its first MPM User Group Meeting in September focused on the EVM user community. Planview also hosted a series of PMO 2.0 Leadership Forums in Chicago, Boston, Denver, Atlanta and San Francisco, where company executives and industry experts discussed the evolving role of the PMO.

Moving into 2008, Planview continues to drive innovation within the portfolio management industry as the leading independent and pure-play vendor. In April, Planview will host its first Horizons MPM User Conference in Austin, and the company will continue to host PMO 2.0 Leadership Forums across the country. For more information about upcoming events and Planview news, please visit www.Planview.com.

About Planview

Since 1989, Planview has been a market leader and trusted partner in providing comprehensive portfolio management solutions. Planview Enterprise®, the company’s leading performance management platform, combines project and portfolio management software with adaptive best practices, Planview PRISMS®, to provide unprecedented visibility into total IT spending. By integrating the business process management of strategies, services, and projects within a single, Web-based solution, Planview empowers organizations to achieve greater levels of control over their ever-changing environment by dynamically managing money, resources, and capacities. Industry leaders such as Citigroup, BP, EDF and the US Department of Transportation, partner with Planview to achieve their strategic business goals. Headquartered in Austin Texas, with offices across the U.S., Europe and Asia-Pacific, Planview supports more than 500 customers in virtually every industry. Planview is privately held and has been profitable for over a decade. For more information visit www.Planview.com.

1) Gartner, Inc., “Magic Quadrant for IT Project and Portfolio Management, 2007” by Matt Light and Daniel B. Stang, June 15, 2007

The Gartner Magic Quadrant is copyrighted 2007 by Gartner, Inc., and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Planview, Planview Enterprise and Planview PRISMS are registered trademarks of Planview, Inc. All other product and company names may or may not be trademarks or registered trademarks of their respective owners.