Stage-Gate Inc. Endorses Planview Enterprise for New Product Development Optimization

Stage-Gate Ready certification based on Planview Enterprise capabilities in idea management, idea-to-launch process, and portfolio management

Austin, TX — July 22, 2008 — Planview®, the leading independent provider of enterprise-wide portfolio management solutions, today announced that its Planview Enterprise® portfolio management solution has been certified Stage-Gate Ready. The certification represents an endorsement by Stage-Gate Inc. that Planview Enterprise meets the requirements to assist customers in driving innovation while minimizing risk in new product development efforts.

Planview Enterprise was evaluated against nearly 200 criteria, which validated that the application performs the functionality necessary to successfully implement Stage-Gate best practice processes such as: Idea Management, Idea-to-Launch, and Portfolio Management. Planview Enterprise can be leveraged to reduce risk and maximize value in product development by automating the ideation process, enabling the creation of optimal product roadmaps, accelerating time to market, and providing transparency into the true cost of product development. Planview customers, including Ticketmaster and Boost Mobile, are already leveraging Planview Enterprise for its capabilities around new product development.

"Product development managers function in dynamic environments, where they must respond to market changes and customer demands while maintaining focus on product profitability," said Patrick Tickle, executive vice president of products, Planview. "Increasingly, product-focused organizations are recognizing the value of Planview Enterprise to maximize the performance of their product pipelines by ensuring that their most precious resources — their people and their money — are aligned against their strategic product direction. Being certified Stage-Gate Ready underscores our commitment to this growing market and its demands."

"I strongly recommend all would-be buyers to ask specifically for Stage-Gate Ready software, like Planview Enterprise, even if their companies do not deploy a traditional Stage-Gate process," said Dr. Robert G. Cooper, president, Stage-Gate Inc. and internationally acclaimed expert in product innovation. "We want to help organizations take advantage of innovation productivity tools that can help advance business performance and we believe that if we reduce risks associated with these decisions, it is a win-win for everyone."

The Planview Enterprise portfolio management solution facilitates effective planning and the assigning and managing of resources. This enables better execution of product development work to accelerate time to market and meet business objectives. Its process-driven framework is well suited to support Stage-Gate new product development processes, and gives product teams the capabilities to:

• Capture ideas and evaluate them according to a predefined, configurable, Stage-Gate process
• Establish a roadmap that delivers the optimal product portfolio
• Better plan and deliver products against the roadmap through repeatable, predictable processes
• Track actual costs versus budgeted costs, including the total cost of development
• Manage the product release with a Gantt schedule of key milestones

Planview offers a comprehensive suite of applications that enables the balancing of business strategy against the people and financial resources available to execute the work. Its flagship portfolio management suite, Planview Enterprise, has been recognized repeatedly by industry analysts for its leadership in the markets it serves. For more information, please visit www.planview.com/npd.

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 enable better decision making and business accountability. Industry leaders such as Citi, BP, EDF, and the American Red Cross, 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 550 customers in virtually every industry. Planview is privately held and has been profitable for over a decade. For more information, visit www.Planview.com.

About Stage-Gate Inc.

Stage-Gate Inc. is the world's leading full-service provider of solutions which enable organizations to improve their Product Innovation and Portfolio Management capabilities. A globally recognized and trusted brand, Stage-Gate Inc. accelerates client success with strategic advisory and transformation services, leading-edge products, best-selling publications, first-rate seminars and Stage-Gate® certification. Clients include more than 5000 organizations of all sizes across all industries.

Planview, Planview Enterprise and Planview PRISMS are registered trademarks of Planview, Inc. All other product and company names may or may not be trademarks or registered trademarks of their respective owners. Stage-Gate is a registered trademark of Product Development Institute. Stage-Gate Inc. is a Member Company of Product Development Institute.