OutlookSoft Announces Global Customer Advisory Board; Formation of Board Underscores OutlookSoft's Commitment to Ongoing Customer Satisfaction and Product Excellence

Business Wire, Oct 17, 2005

STAMFORD, Conn. -- OutlookSoft Corporation, the leading provider of unified corporate performance management (CPM) solutions based on the Microsoft Business Intelligence Platform, today announced the formation of the OutlookSoft Global Customer Advisory Board (GCAB). The GCAB will play a central role in steering OutlookSoft's ongoing product and services strategy, with membership open to all licensed users of OutlookSoft CPM(TM) - the company's flagship corporate performance management solution.

The mission of the GCAB is to provide a formalized, collaborative forum for OutlookSoft's worldwide user community, numbering in the tens of thousands, to contribute its collective input, feedback, and direction on the company's award-winning products and services. A group of five board members, elected by the general membership, will lead the GCAB and serve as the administrative body for the organization.

"I'm excited to join the OutlookSoft Global Customer Advisory Board as its first Chairman," said OutlookSoft customer Martin Boden, Group Financial Controller at GUS plc, a London-based retail and business services group. "The formation of the Board underscores OutlookSoft's commitment to customer success by providing real-world users a formalized channel to provide direct feedback and direction on the company's products and services. The GCAB will further ensure that the individual customer's voice is heard."

"The Global Customer Advisory Board serves as an excellent example of our commitment to providing best-in-class solutions and services for our customers," said Phil Wilmington, OutlookSoft CEO. "In line with the stellar results from our recent client survey, which measured client satisfaction at an exceptional ninety-three percent, initiatives such as the GCAB will ensure that we continue to meet and exceed the demands of our customers from a technology, functionality, and services perspective."

About OutlookSoft

Headquartered in Stamford, Conn., OutlookSoft Corp. is a leading provider of unified, real-time corporate performance management (CPM) solutions. The company's web-based CPM solution provides a single application for strategic planning, budgeting, forecasting, legal and management consolidation, reporting, analysis, predictive analytics, scorecarding, and dashboards. OutlookSoft includes a patented, enterprise-class version of Microsoft Office Excel, the de facto industry standard for financial and operational planning, analysis and reporting.

OutlookSoft has offices throughout North America, Europe, the Middle East, Africa, Australia and Asia Pacific, to serve multinational customers across diverse industry segments. OutlookSoft is a Microsoft Gold Certified Partner for Business Intelligence.

Visit http://www.outlooksoft.com or call (203) 964-3100 (US) or 44 208 940 7555 (UK) for further information.

OutlookSoft is a registered trademark of OutlookSoft Corporation. All other brand or product names are trademarks of their respective companies.

Special Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" relating to, without limitation, future economic performance, plans and objectives of OutlookSoft Corporation for future operations and projections of revenue and other financial items that are based on the beliefs of, assumptions made by and information currently available to OutlookSoft Corporation. The words "expect," "estimate," "anticipate," "believe," "intend," "plan" and similar expressions and variations thereof are intended to identify forward-looking statements. The cautionary statements in this press release identify important factors with respect to such forward-looking statements, including certain risks and uncertainties, which could cause actual results to differ materially from those expressed in or implied by such forward-looking statements.

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