Planview Sells MPM Division to Deltek, Inc.

Austin, TX — September 2, 2008 — Planview®, the leading provider of enterprise-wide portfolio management solutions, today announced it has sold certain assets of the Micro-Frame® Program Manager (MPM) Division to Deltek, Inc. (NASDAQ: PROJ). The decision to divest its MPM product line allows Planview to fuel the company's continued growth by accelerating investments in its core enterprise portfolio management business. Under the terms of the agreement, Deltek will acquire the products, employees, and other assets related to the MPM product line.

"This transaction is a win for all parties involved, including Planview, Deltek, the MPM employees, and most importantly the MPM customers," said Greg Gilmore, president and chief operating officer of Planview. "As the market leader in Earned Value Management solutions, Deltek is ideally positioned to meet the long-term needs of the MPM customer community, and this transaction enables Planview to accelerate the expansion of our portfolio management business."