PLUM Plumtree Software (MM)

Portals Among the Highest Priorities at Large Companies; Essential for Web-Based Application Deployments Plumtree Software (Nasdaq:PLUM) today announced it has completed its annual analysis on the state of the corporate portal market. The new report, "The Corporate Portal Market in 2005: Portals, Composite Applications and Integrated Activity Management," reveals that CIOs at large enterprises rank portal projects among their highest spending priorities for 2005. It also substantiates an emerging industry consensus that portal technology is the delivery vehicle for a new generation of composite applications in a marketplace driven by the promise of service-oriented architectures (SOA). Plumtree's report is based on information gathered from customer and industry analyst interviews and synthesizes over 100 industry reports published on the portal and allied markets in the past twelve months. It offers insightful analysis into five key areas: the evolution of the corporate portal market, market segmentation, portal usage and functions, deployment costs and return on investment. This original study is available for download exclusively at http://www.plumtree.com/05/PortalMarket/. Other interesting findings in the Plumtree report include: -- Personalization features are declining in importance -- Collaboration is critical and becoming common place -- Applications are on the rise and the use of portal software for Integrated Activity Management applications is the most important and fastest growing trend among Plumtree customers -- Portals are here to stay -- 97 percent of Plumtree customers said their company's preference is to build new Web-based applications within the portal "As the new report illustrates, portals are taking on a new and critical importance to enterprises as they deploy their SOA strategies," said John Kunze, CEO at Plumtree Software. "In the report, our customers indicate a key benefit of Plumtree's portal solution is the ability to develop and deploy Integrated Activity Management applications on our open framework. They understand that by integrating user needs, IT systems and business processes via the portal, they have taken the first steps in delivering a SOA." About Plumtree Software Plumtree Software is a technology leader, providing enterprise solutions to bridge disparate work groups, IT systems and business processes with its cross-platform portal. Plumtree Software continues to innovate, offering rich service-oriented environments to deliver composite applications that give customers the freedom and flexibility to support advanced user needs and business processes. Plumtree Software's solutions provide significant business value to more than 21 million users worldwide. Customers include Airbus, Mazda, Pratt & Whitney and U.S. Navy. For more information, visit www.plumtree.com. Plumtree is a registered trademark of Plumtree Software, Inc. and/or its subsidiaries in the U.S. and/or other countries. All other registered and unregistered trademarks in this document are the sole property of their respective owners.