Ultimus Named to KMWorld's ''100 Companies that Matter in Knowledge Management'' for Fifth Consecutive Year; Leading Industry Publication Recognizes Ultimus for Proven Leadership and Innovation in Knowledge Management

Business Wire, Feb 27, 2006

CARY, N.C. -- Ultimus, the leading provider of Business Process Management (BPM), Workflow Automation software and services that enable the shortest time to value, today announced that it has been named to KMWorld Magazine's list of "100 Companies that Matter in Knowledge Management" in 2006. For the fifth year in a row, Ultimus has been identified as an organization at the forefront of KM innovation.

"The list is conceived as a way to recognize some of the organizations leading the way in the knowledge economy," said Hugh McKellar, editor-in-chief of KMWorld. "In particular, Ultimus warranted inclusion in our 100 list because the Ultimus BPM Suite offers users the ability to integrate process automation and human workflow--two areas that need to work cohesively to achieve KM success."

The Ultimus BPM Suite is an independent BPM platform that automates any process incorporating people, applications and organizations. Businesses across a wide range of industries and geographies rely on the suite to manage enterprise-wide processes more efficiently. Last year, Ultimus revolutionized the BPM industry with the release of the Ultimus BPM Suite 7.1 powered by its patented Adaptive Discovery(TM) technology. This is the first and only patented technology that allows automated processes to be deployed without requiring complete process maps and definitions.

With Adaptive Discovery, process experts define the flow, rules, and recipients of work dynamically. The process adapts to these decisions and follows them automatically for future matching cases. In this way, processes are defined and enhanced the same way they evolve in business--in response to real world business decisions and requirements. Equally important, once the flows and rules are captured, they can easily be changed by process owners, either to optimize the process or adapt to new business conditions.

"It is an honor to be recognized once again by KMWorld as a company that is making an impact on the way organizations manage information," said Rashid Khan, CEO and co-founder of Ultimus. "Knowledge Management is an integral part of BPM and we are pleased that industry analysts, customers, and theorists alike acknowledge the innovation of our BPM model and the value that human-centric process automation can bring to organizations."

The KMWorld list was compiled through discussions with knowledge management practitioners, theorists, industry analysts, editors, vendors and their customers. The companies share one trait according to the publication: velocity of innovation. The complete list of the "100 companies that Matter in Knowledge Management" will be featured in KMWorld's March 2006 issue.

About KMWorld

The leading information provider serving the Knowledge, Document and Content Management systems market, KMWorld informs more than 50,000 subscribers about the components and processes - and subsequent success stories - that together offer solutions for improving business performance. KMWorld is a publishing unit of Information Today, Inc.

About Ultimus

A pioneer in human-centric Business Process Management, workflow automation and faster time to value, Ultimus is a global software company that enables enterprises worldwide to increase their profits by modeling, automating, managing and optimizing every business process. Headquartered in Cary, North Carolina, the company has business operations throughout North America, South America, Europe, Asia and the Middle East. Ultimus has more than 60 partners and more than 1,500 customers, including Grupo Financiero Uno, Cable & Wireless Panama, Rexam, Carnival and McKesson Corporation.