Vitria and Niku Sign Worldwide OEM Agreement to Provide Complete eBusiness Automation Solution for the Professional Services Market

Business Wire, Sept 6, 2000

Business Editors/High-Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 6, 2000

Partnership Includes OEM Rights to BusinessWare

Vitria Technology (Nasdaq:VITR) and Niku Corporation (Nasdaq:NIKU) today announced a agreement to embed BusinessWare within Niku's Services solution. Niku, the leading provider of Internet solutions for the sourcing, management and delivery of professional services, will embed Vitria BusinessWare in its product lines to deliver end-to-end professional services automation. BusinessWare is the leading ebusiness platform that allows companies to automate both internal and external business processes in real-time.

With this agreement, companies with professional services automation needs will now have one-stop shopping for their ebusiness. The integration of BusinessWare in the product line will enable Niku's products with world-class workflow and process automation, thereby providing seamless integration with applications throughout a business' enterprise.

"Joining with a leader like Niku enables BusinessWare to immediately become a force in the large professional services market," said JoMei Chang, CEO of Vitria Technology. "Niku's choice of a partner is another testimonial to the universal applicability and strength of BusinessWare as an eBusiness automation platform." Vitria will also employ eNiku 4 throughout its own enterprise.

"Vitria is one of the most flexible, scalable, and cost-effective ebusiness platforms out there," said Rhonda Dibachi, senior vice president of development for Niku Corporation. "We are pleased to bring it to our customer base to increase even further the ROI they'll get from using Niku."

About Niku Corporation

Niku Corporation provides Internet software products and online marketplaces for the sourcing, management and delivery of professional services. Niku's Internet software products are designed to automate the core business processes of professional services organizations, professional services providers within enterprises, small businesses and individual professionals. Niku customers include industry leading firms such as Bell Atlantic, Cisco Systems, Computer Associates, Tata Consultancy Services and Xerox Connect.

About Vitria

Vitria Technology, Inc. is a leading ebusiness platform provider. Vitria's ebusiness platform, BusinessWare, automates mission-critical business processes across the extended enterprise, reducing time to market, shortening lead times, lowering operating costs, and increasing customer satisfaction. Vitria is a publicly traded company (Nasdaq:VITR) based in Sunnyvale, Calif. For more information, call 408/212-2700, visit the company's Web site at www.vitria.com, or send email to info@vitria.com.

Note to Editors: Niku, the Niku logo, iNiku, iNiku.com, Niku Services Marketplace, Niku for Legal and eNiku are trademarks of Niku Corporation in the United States and other countries. Any other product brand names used are property of their respective owners.

Vitria and BusinessWare are trademarks of Vitria Technology, Inc.