FOR IMMEDIATE RELEASE

Adaptive Planning Recognized as 2010 Leading Business Intelligence “Company to Watch” by Intelligent Enterprise

Editors’ Choice Awards Honor Most Influential Technology Companies Impacting Enterprises

Mountain View, CA — March 17, 2010 -

Adaptive Planning, the worldwide leader in on-demand financial planning and reporting solutions for companies of all sizes, today announced that it has been named one of the year’s leading business intelligence “Companies to Watch” by Intelligent Enterprise as part of the publication’s 2010 Editors’ Choice Awards.

The awards serve to guide enterprise IT professionals to innovative companies that lead the way in business optimization. Adaptive Planning was selected based on its exceptional vision, innovation and leadership.

“Adaptive Planning gets you up and running with SaaS-based budgeting, planning and analysis within weeks instead of the months required for on-premise software,” said Intelligent Enterprise editors. “The service offers everything from data integration to dashboards and reporting, and it's particularly appealing for global and highly distributed enterprises.”

The “Company to Watch” award comes just weeks after Adaptive Planning reported record revenues in 2009, making last year the strongest in company history. It grew revenues over 70 percent compared with 2008, increased its total customer base to over 660 clients and introduced several new product releases and offerings.

“This award is a testament to the innovation that we’re driving in the performance management space, as well as to our significant market momentum,” said William A. Soward, CEO of Adaptive Planning. “We are honored by this recognition, and look forward to building on our accomplishments as we help companies of all sizes successfully plan for and manage through a period of uncertain and uneven economic recovery.”

About Adaptive Planning

Adaptive Planning is the leader in on-demand budgeting, forecasting, and reporting solutions that streamline financial management, improve collaboration, and drive better business decisions in companies of all sizes. By offering affordable annual subscriptions and rapid implementations, and by eliminating the need for new hardware or IT support, Adaptive Planning makes it easy to move beyond spreadsheet-based processes without the cost and complexity associated with traditional business intelligence (BI) and business performance management (BPM) applications. Available both on-demand and on-premise, Adaptive Planning allows finance leaders and management teams to make better-informed decisions, execute with agility and discipline, and ultimately improve competitiveness. Adaptive Planning is headquartered in Mountain View, Calif. and can be reached at 650-528-7500 or www.adaptiveplanning.com.

Greg Schneider
Adaptive Planning
650-810-0525
gschneider@adaptiveplanning.com