Business 2.0 Features Niku 6 in Third Annual ''Essential Business Software Tool Kit''

Business Wire, Jan 6, 2003

Business Editors/High-Tech Writers

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Jan. 6, 2003

Niku Corporation (Nasdaq:NIKU) today announced that the February 2003 issue of Business 2.0 magazine (on newsstands today) includes Niku 6 as part of its third annual "Essential Business Software Tool Kit," a definitive list of companies and technologies that make businesses faster, smarter, more transparent, and more productive.

The editors of Business 2.0 magazine created the list in conjunction with META Group, the Stamford, Connecticut-based information technology research and consulting company. The "Tool Kit" is a special foldout section of the magazine containing technology descriptions, vendor recommendations, and solution price points.

In the article, Business 2.0 places Niku first in a list of three companies the magazine recommends for enterprise portfolio management. The editors write that companies featured in the guide "pry open once-closed information loops and allow executives to see through layers of management to real-time data."

"We are pleased to be included in Business 2.0's annual list of the top business software," said Joshua Pickus, Niku's president and chief executive officer. "We especially like that the article focuses on software that truly transforms business speed and productivity. By succinctly summarizing the entire business-software industry, the magazine has done corporate software buyers the great service of cutting through a lot of confusion."

About Niku

Niku Corporation (Nasdaq:NIKU) develops enterprise application software that automates knowledge work in companies by integrating portfolio, project, resource, opportunity, financial, and knowledge management with enterprise-wide collaboration in one Web-native application. For more information contact info@niku.com, call 877/846-6458 (NIKU), or visit www.niku.com.

About Business 2.0

Business 2.0, a monthly magazine about what works in business today, is published out of The FORTUNE Group at Time Inc., an AOL Time Warner company. For more information, visit www.business2.com.