Planview Strengthens Global Presence

IT portfolio management leader appoints EMEA executive

AUSTIN, Texas — March 24, 2005 — Planview, Inc., the leading provider of portfolio management solutions, today announced the appointment of Thomas Chauchard as Vice President of European Operations. The appointment was made to increase the company's global footprint, following a recent $25 Million equity investment from funds advised by Apax Partners.

"Apax Partners invested in Planview because it had a market leading IT management software solution ready to expand into global IT markets,"said Greg Case, partner at Apax Partners. "This appointment is the next step."

"More project-intensive enterprises in Europe are evaluating and implementing software solutions to help manage key projects and skilled resources," said Matt Light, research director, Gartner. "That's why Europe is a major PPM marketplace where vendors are positioning themselves for the next round of growth."

Mr. Chauchard will be responsible for leading Planview's regional sales and business development. Chauchard brings 19 years of sales and operations management experience in the IT industry, most recently as Executive Vice President of Business Development with a main focus on Europe and Asia Pacific for Smartner. Chauchard was also previously Vice President and Managing Director of Southern Europe for Niku Corporation.

"Planview is in an excellent position to leverage its strong financial background and industry leadership to take advantage of the IT portfolio management market growth," said Chauchard. "I am confident in the team and the value proposition we can offer for European and global customers."

"Europe is now set to further contribute to overall company revenue thanks to a fully operational sales team, a strong consulting organization and a robust, secure and scalable software solution," said Pat Durbin, chief executive officer at Planview. "Recent successes within major European corporations such as Vodafone, Aeroporti di Roma, Allied Irish Bank and Reuters show how well our solution matches the IT management needs of our European customers."

In addition to European expansion, Planview will leverage the company's existing relationships with global partners PricewaterhouseCoopers, EMC and Business Objects as well as create new partnerships to serve larger target vertical markets in Europe.

About Planview

Since 1989, Planview has been a market leader and trusted partner in software for comprehensive IT management. Our flagship product, Planview Enterprise, brings the most comprehensive IT management solution to the market, combining adaptive IT management best practices, best of breed resource management and portfolio management software. Planview enables business leaders to integrate the decision-making process to improve alignment of IT resources with business strategies. We serve an active and growing global customer community of over 400 organizations in the financial, insurance, healthcare, government and other industries. Planview is privately held and has been profitable for over a decade. For more information, visit www.Planview.com.

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