Leading IT Management Practitioners Form Advisory Board

Inaugural meeting establishes the Planview European Advisory Board

Reading, England — July 26, 2005 — Planview, the leading provider of comprehensive IT Portfolio Management solutions today announced the inaugural meeting of the company's European Advisory Board.

Eleven executives attended the two-day meeting in Milan, Italy. Delegates included senior IT practioners from a broad spectrum of industry including Telecommunications, Financial Services, Energy and Pharmaceuticals as well as representatives from academic and consultancy organisations.

It was agreed that the board would meet three times a year; the next meeting will take place in September 2005. Gunes Sahillioglu of Excellix Consulting was nominated as coordinator and spokesperson.

"I am delighted to see an Advisory Board established here in Europe," commented Thomas Chauchard, Planview's Vice President of European Operations. "It reflects Planview's continuing commitment to providing solutions which address our clients' requirements. We have seen in the USA that there are immense benefits to be gained through such a forum. We now look forward to building on that success by bringing a European perspective to the key issues which affect all those involved in the management of IT initiatives."

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.

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