Stellent Listed in the `Leader' Quadrant in Enterprise Content Management Magic Quadrant Report from Top Industry Analyst Firm

Business Wire, Oct 21, 2004

EDEN PRAIRIE, Minn. -- Stellent evaluated on its ability to execute and completeness of vision

Stellent, Inc. (Nasdaq:STEL), a global provider of content management solutions, announced today it was positioned in the "leader" quadrant in Gartner, Inc.'s 2004 Magic Quadrant for the Enterprise Content Management (ECM) market.(1) Gartner (NYSE:IT and ITB) is the leading provider of research and analysis on the global information technology industry.

According to the report, leaders have the highest combined measures of "ability to execute" and "completeness of vision." They have strong channel partners, a presence in multiple geographies, consistent financial performance, broad platform support, good customer support and dominate in one or more technology or vertical markets. In addition, leaders have the ability to deliver a comprehensive ECM suite by having proven enterprise scalability and owning all six core components -- document management, Web content management, records management, document capture and imaging, document-centric collaboration, and workflow.

According to the report, the consolidation of content technologies and the rapid pace of vendor mergers and acquisitions have led to a major market evolution -- enterprise content management. Content technologies have coalesced into ECM product suites.

"We are thrilled Gartner positioned Stellent in the leader quadrant in its prestigious ECM evaluation," said Robert Olson, president and chief executive officer for Stellent. "We feel this distinction confirms our financial and product successes. Stellent has produced eight sequential quarters of revenue growth, is profitable and has a strong balance sheet. Furthermore, we continue to help our customers generate rapid success through fast implementations and quick, broad user adoption of Stellent Universal Content Management -- the only fully integrated, single-architecture enterprise content management product offering on the market today."

To access the complete 2004 Magic Quadrant for Enterprise Content Management, visit http://mediaproducts.gartner.com/reprints/stellent/article1/ article1.html. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

Stellent Universal Content Management Features

Stellent Universal Content Management provides rapid success and distinct advantages to customers via its product functionality, breadth of content managed, architecture and solutions -- all which enable rapid implementation and quick user adoption. The integrated Universal Content Management architecture offers a full array of content management functionality -- featuring document management, Web content management, digital asset management and imaging -- supported by collaboration, records management and business process management services. The scalable system manages and delivers the entire spectrum of unstructured content, from active content such as documents, graphics and Web pages to fixed content including scanned images, email and records.

Stellent technology is standards-based, multi-platform and service-oriented, and provides productized integrations to leading application server, portal and enterprise resource planning applications. These solutions enable customers to easily deploy multiple line-of-business applications -- such as Web sites, call centers, dealer extranets, compliance initiatives, portals, accounts payable and claims processing -- as well as enterprise-wide content management initiatives. For more information, contact Stellent at (952) 903-2000.

About Stellent, Inc.

Stellent, Inc. (www.stellent.com) is a global provider of content management software solutions that drive rapid success for customers by enabling fast implementations and generating quick, broad user adoption. With Stellent, customers can easily deploy multiple line-of-business applications -- such as Web sites, call centers, dealer extranets, compliance initiatives, accounts payable imaging and claims processing -- and also scale the technology to support enterprise-wide content management needs.

Stellent has more than 3,500 customers, including Procter & Gamble, Merrill Lynch, Los Angeles County, The Home Depot, British Red Cross, ING, GlaxoSmithKline, Georgia Pacific, Bayer Corp., Coca-Cola FEMSA, Emerson Process Management and Genzyme Corp. The company is headquartered in Eden Prairie, Minn. and maintains offices throughout the United States, Europe, Asia-Pacific and Latin America.

Any forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risk and uncertainties including, without limitation, risks of intellectual property litigation, risks in technology development and commercialization, risks in product development and market acceptance of and demand for the Company's products, risks of downturns in economic conditions generally and in the Web content management tools and intranet information management markets specifically, risks associated with competition and competitive pricing pressures, risks associated with foreign sales and higher customer concentration and other risks detailed in the Company's filings with the Securities and Exchange Commission.