Adaptive Planning and Pentaho Announce Open Source Partnership

Companies to Deliver Industry's First Integrated Open Source Business Performance Management and Business Intelligence Solution

Mountain View, Calif., August 15, 2006 — Adaptive Planning, the leading provider of collaborative business performance management (BPM) applications, and Pentaho, the world's most popular open source business intelligence (BI) suite, today announced a strategic partnership to deliver the industry's first end-to-end, open source BPM and BI solution. The companies will pursue joint sales, marketing, and development initiatives in order to provide a complete, pre-integrated suite of BPM and BI technology to end-customers.

"Over the last several years we have seen that integrating BPM applications with BI tools can amplify the power of both solutions," said Craig Schiff, chief executive officer, BPM Partners. "At the same time, we have seen open source infrastructure solutions deliver significant value through lower costs, higher quality products, and community-based interactions. An integrated, open source BPM and BI solution is a potentially powerful alternative and one that should be considered by companies of all sizes."

Adaptive Planning delivers a collaborative BPM solution that includes packaged applications for budgeting and forecasting, pre-defined metrics and KPIs, and interactive modeling capability. Pentaho provides a full spectrum of open source business intelligence technologies including reporting, analysis, dashboards, data mining, data integration, and a BI platform. Both companies use an open source approach to development, distribution and support.

"This partnership demonstrates the continuing evolution of the commercial open source software market," said William A. Soward, chief executive officer, Adaptive Planning. "We decided to partner with Pentaho based on their broad offerings, product strategy, and vibrant community. Adaptive Planning's packaged BPM applications and pre-defined metrics, tightly integrated with Pentaho's underlying BI technologies, will deliver tremendous value to customers by simplifying the acquisition, implementation, and support of an end-to-end solution."

"We chose to partner with Adaptive Planning based on their BPM market leadership-first in on-demand solutions, and now in open source solutions," said Richard Daley, chief executive officer, Pentaho. "By working together, we will each be able to accelerate growth in the combined BPM and BI market, and deliver even stronger value to customers, partners, and other community members."

About Pentaho
Pentaho provides a full spectrum of open source Business Intelligence (BI) capabilities including reporting, analysis, dashboards, data mining, data integration, and a BI platform. Formed by a highly experienced team of industry veterans, Pentaho's mission is to bring innovative, high quality technology and professional support to the BI market. Pentaho uses a revolutionary approach to development, distribution and support made possible by an open source business model. Pentaho is the primary sponsor and owner of popular open source projects including Mondrian, JFreeReport, and Kettle, and Pentaho's technologies support a wide range of business initiatives from sales and profitability analysis, customer analysis, HR reporting, Financial reporting, KPI dashboards, Supply Chain analytics, and operational reporting.

For more information: Pentaho's web site is located at www.pentaho.org.

About Adaptive Planning
Adaptive Planning is the leading provider of collaborative performance management solutions. Adaptive Planning makes it easy for mid-size companies and departments of larger corporations to improve performance by moving beyond spreadsheets and automating budgeting, forecasting, reporting and analysis. Adaptive Planning provides extraordinary flexibility and value, with on-demand and on-premise solutions, open source and commercial licensing terms, and pricing—including a free version of the product—that delivers a total cost of ownership that is a fraction of the cost of traditional BPM and business intelligence software. Adaptive Planning is headquartered in Mountain View, California and can be reached at 650-528-7500 or www.adaptiveplanning.com.