PM Expert Further Extends Planview's Global Reach

PM Expert, a leading project management consultancy and service organisation in the Russia-CIS region joins Planview's Global Partner Programme.

Reading, England — September 26th, 2006 — Planview, the leading provider of comprehensive IT portfolio management solutions, announced it has signed a strategic and exclusive partnership with PM Expert, a leading project management consultancy and service provider, to provide Planview's portfolio management solutions in the Russia & the CIS region. More than 40 value added resellers (VARs), international distributors, vertical solution providers, system integrators and consulting firms, in 40 countries, participate in the Planview Global Partners Program to help build best-in-class solutions that leverage Planview's leading IT portfolio management platform.

Thomas Chauchard, vice president of Planview in charge of the international expansion programme commented, "The Russian & CIS market has a great potential for growth which our partnership with PM Expert will help us exploit. The partnership will provide organisations in the region with the opportunity to better manage their investments in innovation using world leading tools and services".

Planview's channel partners are leading distributors, integrators, consultants and value added resellers (VARs) around the world who offer Planview Enterprise solutions and integrated, customer-tailored implementations. Planview's diligent selection process and dedicated partner support ensures that Planview partners are highly trained, customer-focused professionals committed to 100% customer satisfaction.

"Today", PM Expert Managing Partner Alexander Kutuzov says, "most Russian and international companies are experiencing a tremendous growth in business in the region which, in turn, is generating a large volume of projects and project portfolios that require significant support of solutions such as Planview to ensure their success. With Planview's family of products and PM Expert's experience in the region we will be able to offer a comprehensive solution which is second to none"

PM Expert's choice of partner was based on extensive research into local requirements and included the major global suppliers of portfolio and enterprise-level management solutions. Commenting on their final selection of Planview, Yevgeniya Popova, PM Expert's Project Management Consulting Director said, "Our research confirmed that the major Russian and international companies experience steady growth in project management maturity, which results in the need for comprehensive software solutions for portfolio and program management both at enterprise and business levels. Not only was Planview Enterprise an excellent fit for these requirements, but was also recognised as a leader in its field by organisations such as Gartner and Forrester."

About PM Expert

PM Expert is a Project Management consulting and training company headquartered in the center of Moscow City, Russia, with a nation-wide presence. PM Expert is one of the leading Russian project management full range service companies providing a comprehensive line of educational, consulting and outsourcing services to the largest Russian and foreign companies including Toyota Motor, Nestle, ROSNO, United Energy Systems of Russia.

PM Expert is a national leader in the provision of specialists certified with PMI PMP®, having 12 qualified staff members (as of September, 2006). PM Expert was the first Russian company to gain the official PMI Registered Education Provider (PMI REP) status and one of the few to be honored with PMI Global REP.

PM Expert services are aimed at delivering strategic business value through effective project and portfolio management and are applicable to various project types — organizational, technological, innovative, industrial at different levels — strategic, tactical, and operational. The company uses PMI PMBoK® 2004 standard as well as industry-specific Russian and international best practices suitable for unique customer needs.

About Planview

Since 1989, Planview has been a market leader and trusted partner in providing comprehensive portfolio management solutions. Planview Enterprise™, the company's leading performance management platform, combines project and portfolio management software with adaptive best practices, Planview PRISMS™, to provide unprecedented visibility into total IT spend. By integrating the business process management of strategies, services, and projects within a single, Web-based solution, Planview empowers organizations to achieve greater levels of control over their ever-changing environment by dynamically managing money, resources, and capacities. Industry leaders such as Citigroup, Reuters, EDF and the US Department of Transportation, partner with Planview to achieve their strategic business goals. Headquartered in Austin Texas, with offices across the U.S., Europe and Asia-Pacific, Planview supports more than 450 customers in virtually every industry. Planview is privately held and has been profitable for over a decade.

For more information visit www.Planview.com

Planview Enterprise 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.