NIKU Niku Corp (MM)

Niku Corporation (Nasdaq:NIKU) today announced that Autobytel Inc. (Nasdaq:ABTL), a leading automotive marketing services company, has selected Clarity(TM) from Niku to support its award-winning product development efforts. Autobytel, a recent winner of an AeA High-Tech Award for product innovation and the Stevie Award for Best Product Development Team, will use the Clarity for New Product Development solution to manage governance compliance rules and regulations, and to complement the management of its diverse IT product development initiatives. Autobytel owns and operates a number of automotive website, research, information and CRM solution companies. "We believe the Clarity solution will help us bring our innovative marketing, information and CRM products to market even more efficiently -- enabling our development teams to continue to stay ahead of the product development curve while maximizing our ROI," said John Petrone, Chief Technology Officer of Autobytel. Clarity for New Product Development is designed to standardize and automate a range of product development processes, including team collaboration and reporting. A key advantage of the Clarity solution is its flexibility. The user interface can be easily configured for different design units and developers, supporting the creativity and input of everyone involved in the product development process while providing management with centralized visibility and control. "As demonstrated by its recent product innovation awards, Autobytel's development team has an outstanding track record," said Josh Pickus, Chief Executive Officer of Niku. "We look forward to empowering this highly successful company with increased efficiency, process improvement and streamlined collaboration so they can focus on what they do best -- creating powerful marketing and CRM products for the auto industry." About Niku Niku Corporation (Nasdaq:NIKU) is the leader in IT Management and Governance (IT-MG) and New Product Development (NPD) solutions, and is three-time winner of the Gartner PPM Summit "Best Vendor" award. More than 400,000 users at industry leaders such as Avon, BT, Eastman Chemical, HSBC, Manpower, Royal Caribbean Cruise Lines and Unilever depend on Niku software to maximize their "Return on IT." With headquarters in Silicon Valley, Niku serves global customers from more than 20 offices worldwide. For more information, contact info@niku.com or visit http://www.niku.com. Niku and the Niku logo are registered trademarks and Clarity, Open Workbench and Project Workbench are trademarks of Niku Corporation in the United States and certain other countries. All other trademarks, trade names, and/or product names are used solely for the purpose of identification and are the property of their respective owners.