Iteration Real-time Suite Named 2004 Technology of the Year by InfoWorld; Honored as Best Analytics/Reporting Solution

Business Wire, Jan 9, 2004

Business Editors/High-Tech Writers

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jan. 9, 2004

Iteration Software, the leading real-time information company, today announced that the Iteration Real-time Suite(TM) (Iteration RTS) has been named a 2004 Technology of the Year and the Best Analytics/Reporting Solution by InfoWorld magazine. The awards appear in the January 5 edition of InfoWorld and are available at http://www.infoworld.com/reports/01SRtoy04.html.> InfoWorld analysts and editors selected Iteration RTS from hundreds of products reviewed by its Test Center in 2003. The special report distinguishes the winners as "the most innovative and effective solutions in their category."

Iteration RTS provides a real-time analytics, reporting and information delivery solution for monitoring and optimizing business performance. A recent review by InfoWorld Test Center recognized Iteration RTS for its ability to "add value to the enterprise by monitoring business activities in real time." The review said, "Iteration processes and presents business data as a constantly updating stream of information. By making real-time feedback consoles available to data-rich enterprises, it aids in making quicker, better-informed decisions." The review is available at http://www.infoworld.com/article/03/08/29/34TCbizan_1.html?s=tc.

"Iteration is honored to earn the prestigious Technology of the Year award from InfoWorld, a magazine that is highly regarded for innovative analysis and valuable guidance on IT trends, opportunities and purchasing decisions," said Ken Gardner, founder and CEO of Iteration. "By using Iteration RTS to access real-time data, organizations can adapt to dynamic changes within the business and accelerate decisions that will drive profitability."

Iteration continues to earn praise from customers and industry observers. The company was invited to demonstrate at the prestigious DEMO 2004 Conference February 15-17, 2004 (www.demo.com). Iteration also earned an Investor's Choice award at the 2003 Enterprise Outlook conference as one of the 10 privately-held companies most likely to succeed.

InfoWorld is widely recognized as a leader in the analysis of enterprise technology and strategies. InfoWorld is published by InfoWorld Media Group, a division of IDG, the world's leading technology media, research, and event company.

About Iteration

Founded by a team of visionary enterprise software veterans in February 2002, Iteration Software is the leading provider of real-time analytics, reporting, and information delivery products. The Iteration Real-time Suite(TM) (Iteration RTS) helps financial services and manufacturing companies decrease information latency to better monitor and optimize the performance of key business operations. Combining the latest in business intelligence and real-time analytics, Iteration seeks to fuel the growth of the real-time enterprise and enable access to complex corporate systems and information for up-to-the-second reporting anytime, anywhere. Iteration currently has 14 technology patents pending. Iteration investors include Canaan Partners and Crosspoint Venture Partners. Iteration is headquartered in Mountain View, California. For more information about Iteration, please visit http://www.iteration.com or call 650.230.4000.

Iteration and the Iteration Real-time Suite are trademarks of Iteration Software, Inc. All other trademarks are the property of their respective owners.