Planview Signs Agreement with EMC to Offer Project Collaboration Solution, Joins EMC Documentum ISV Program

Solution seamlessly integrates Planview management software with EMC Documentum eRoom

AUSTIN, Texas — February 21, 2005 — Planview, Inc., the leading provider of IT portfolio management and corporate IT governance solutions, today announced an agreement with EMC Corporation, the world leader in information storage and management.

Working with EMC, Planview will launch a new solution for Enterprise Project Collaboration, leveraging EMC Documentum eRoom enterprise collaboration capabilities integrated with Planview's project portfolio management (PPM) software. The solution, to be sold by Planview, provides organizations with an integrated set of technologies to improve the effectiveness of their IT project management processes.

"Planview and EMC each recognize the need for a joint solution that delivers market-leading project and portfolio management with powerful collaboration capabilities," said Tod Klubnik, senior vice president of sales and business development at Planview. "This solution combines the best of both worlds - structured processes and best practices for project, portfolio and resource management along with flexible, unstructured collaboration."

"This relationship facilitates the connection of important interrelated collaboration areas," said Barry Ruditsky, vice president of business development at EMC Software. "Integrating Planview's project portfolio management solution with EMC Documentum eRoom will improve customers' ability to manage risk and execution across their entire project portfolio, as well as forecast necessary skills, improve the communication between business sponsors and project delivery teams and, ultimately, provide executive visibility throughout the project lifecycle."

"Collaboration puts more power into the hands of customers, letting them implement the software they need at a higher level and increase cultural adoption," said Melinda-Carol Ballou, senior analyst at Meta Group. "With a mature collaboration solution, organizations gain an integrated set of technologies that improve IT portfolio management processes and gives executives the visibility they need to understand where their dollars are going."

Documentum eRoom provides a rapidly deployed and adopted Web-based collaborative workplace that enables distributed teams to work together to accelerate development and delivery of products and services, optimize collaborative business processes and improve innovation, problem-solving and decision-making. Documentum eRoom is flexible and configurable and can be adapted to support a wide range of business processes.

Planview's IT portfolio management software, in conjunction with the PRISMS best practices library, currently arms more than 400 customers with the pre-built processes for achieving their business goals two to three times faster than traditional implementation approaches.

About Planview

Founded in 1989, Planview enables enterprises to make business sense out of IT. More than 350 customers and 400,000 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's Portfolio Management Software, PRISMS™, Customer Implementation Assurance and Planview Direct™ 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, visit www.Planview.com.

Planview and PRISMS are trademarks of Planview, Inc. All other product and company names may or may not be trademarks or registered trademarks of their respective owners.