Centive Listed as a Leader in Magic Quadrant for Incentive Compensation Management -ICM- Industry

Business Wire, Feb 11, 2003

Business Editors/High-Tech Writers

BEDFORD, Mass.--(BUSINESS WIRE)--Feb. 11, 2003

Enterprise Incentive Management Provider Recognized for Depth of Technology and Vision for Second Year in a Row

Centive, the award-winning leader of Enterprise Incentive Management (EIM) software and services, today announced that the company was placed in the "leader" quadrant for the second consecutive year in the 2003 Sales Incentive Compensation Magic Quadrant(a) issued by Gartner, Inc., (NYSE: IT and ITB).

"We are thrilled that Gartner continues to recognize the strategic value that incentive compensation management systems bring to companies with large, distributed sales organizations," said Michael B. Byers, president and CEO of Centive. "Placement in the leaders quadrant speaks directly to our ability to deliver advanced solutions that solve the complexities inherent in implementing and executing incentive compensation programs. Leveraging our advanced architecture and functionality, our customers will continue to realize lowered costs, increased motivation, and rapid ROI."

As defined by Gartner, the world's leading technology research and advisory firm, the Magic Quadrant is a graphical framework that positions vendors from a specific technology industry sector into a strategic matrix based on vision and ability to execute that vision. Gartner unveiled its first ICM quadrant in January 2002, after tracking the growth and adoption of incentive compensation management solutions. The latest ICM quadrant is based upon the sector's continued growth and the technology advancements made in 2002.

In 2002, Centive introduced of Centive/EIM, the company's highly scalable, Net-native incentive compensation management application, which provides a functionally rich solution for global organizations to manage large scale incentive compensation programs. Centive's deep technology domain expertise, coupled with its unique understanding of the impact that incentive compensation has on corporate performance, solidifies its leadership position in the EIM market.

In the Magic Quadrant report, Gartner's vice president and research director of CRM Strategies, Joe Galvin, notes that the "ICM market is positioned for rapid growth through 2005." Galvin also addresses the strength of pure-breed players in the market in 2002 and moving into 2003, commenting that these vendors offer "excellent integration capabilities, with an absolute focus on solving ICM's challenges." He urges companies to consider these vendors "when accurate and timely reporting and payment of incentive compensation is the main priority."

The "Sales Incentive Compensation Management Magic Quadrant" report is currently available as featured research on the Gartner, Inc. home page at www.gartner.com.

About Centive

Centive (formerly Incentive Systems) is the award-winning leader in Enterprise Incentive Management (EIM) software and services, and continues to set the standard in developing the most comprehensive incentive compensation solutions for Global 2000 companies. Designed and developed by domain experts to automate enterprise-wide incentive compensation management, Centive/EIM is the only complete solution for both the sales operations center and the extended enterprise. Centive/EIM empowers companies to motivate and align employees, partners and channels with corporate goals, driving increased performance, revenue and profitability. To learn more about Centive and Centive/EIM, please visit www.centive.com or call 1-877-CENTIVE.

(a) The Magic Quadrant is copyrighted January 2003 by Gartner,

Inc. and is reused with permission. Gartner's permission to

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specific time period. It measures vendors against

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