META Group Positions Planview Among the Leaders in Project Portfolio Management

AUSTIN, Texas — February 20, 2004 — Planview, Inc., a leading provider of integrated enterprise portfolio, resource and project management software and services, has been ranked as a market leader in META Group's (Nasdaq: METG) recently released METAspectrum for Project Portfolio Management. META Group (Nasdaq: METG) is a leading research and consulting firm that focuses on information technology and business transformation strategies.

The new METAspectrum evaluation provides an objective assessment of companies providing products that coordinate, manage and prioritize project and program portfolios and related resources, linking them in the context of business imperatives such as financials, resources, and competitive position. Positioned in the "leader" segment of the META analysis, Planview was specifically acknowledged for its strength in technology, product strategy, partnerships and customer support and service.

"We are pleased that the METAspectrum designated Planview a market leader, an opinion shared by our over 260,000 users across financial services, manufacturing, pharmaceutical, government and professional services markets," said Patrick Durbin, Planview CEO. "Enterprises now expect their IT departments to be run with the discipline and accountability demanded of any other business unit. META Group's recognition validates that our product and market strategies are responsive to these new requirements, and delivers increased productivity, resource and investment justification, and improved overall corporate performance to IT users and business decision-makers."

In a difficult economy marked by limited resources, Global 2,000 businesses have been focusing on managing and coordinating IT project portfolios with particular intensity. Planview, known for its strong technical capabilities and structured processes across project, program, resource and portfolio management, is distinguished in its ability to help companies effectively evaluate project value against risk and execute IT projects for both greatest efficiency and strategic business benefit.

"The leaders for this year's project portfolio management META Spectrum include those vendors who exhibited the strongest suite capability across the core areas of functionality evaluated (project, program, resource and portfolio management, as well as process support), along with other characteristics," said Melinda-Carol Ballou, senior research analyst, META Group, Inc. "In this dynamic, young and eclectic space, G2,000 users value technology and process support highly, as they seek to execute effectively and make the shift to better prioritize projects and programs according to key business imperatives."

About METAspectrum

METAspectrumSM evaluations from META Group (Nasdaq: METG) provide IT professionals with a view into critical market success factors and vendor positioning. METAspectrum delivers comprehensive evaluations of both technology markets and vendor product offerings. There are multiple market evaluations planned for release in 2004 and beyond. METAspectrum evaluations are updated quarterly, biannually, or annually, depending on the characteristics of individual markets. To view completed market evaluations, or learn more about the METAspectrum methodology, visit www.metagroup.com/metaspectrum.

METAspectrumSM market evaluations and results are the sole property of META Group, Inc. and are Copyright © 2004 META Group, Inc. All rights reserved. Permission to use the results requires prior written approval from META Group, and should not be deemed an endorsement of any company or product.

About Planview

Founded in 1989, Planview enables enterprises to make business sense out of IT. More than 260,000 users at industry leaders, including Allianz, Farmers Insurance, Pfizer, Reuters, the State of Connecticut Department of Information Technology, Volkswagen America and Zurich North America, rely on Planview to forecast, plan, manage and execute their portfolio of projects. Planview is headquartered in Austin, Texas, with offices throughout the United States, the UK, France, Germany, Italy and the Netherlands. Privately held, Planview has enjoyed 11 straight years of profitability and increasing revenue. For more information, contact Planview at www.Planview.com.

Planview is a registered trademark of Planview, Inc. All other product and company names may or may not be trademarks or registered trademarks of their respective companies.