Serena Software Nominated for Three Project Portfolio Management Awards

Business Wire, July 2, 2007

SAN MATEO, Calif. -- Serena Software, Inc., the leading global independent software company focused solely on application lifecycle management (ALM), today announced that Serena[R] Mariner[TM] was nominated for three Project Portfolio Management (PPM) Awards:

* Best Resource Scheduling

* Most PPM Synergy

* Best Quality Process

Serena was honored with these nominations at Project Portfolio Management Summit 2007, held June 18-20 in Boston, which brings PPM industry leaders like Serena together to focus on the latest software solutions for managing IT projects, resources, and services.

"Many excellent products and services are reviewed at Project & Portfolio Management Summit each year," said Charles Badoian, senior global director for Project & Portfolio Management Summit. "The award winners and nominees are voted on by the pre-qualified audience of IT executives who represent the key business decision-makers driving PPM adoption and implementation."

"Serena moved the ALM industry forward with the introduction of integrated PPM and ALM earlier this year," said Jeremy Burton, Serena president and CEO. "This gives CIOs the high degree of visibility needed to truly understand current project metrics and make tough decisions about where the money goes, which projects are or aren't necessary, and what resources are assigned. IT organizations need this visibility if they are to tackle the growing backlog of requests for new applications."

ALM and PPM: An Integrated Strategy

Serena Mariner allows companies to manage IT as an investment portfolio by defining objectives, controlling risk, and efficiently balancing resource demands. With enterprise-wide visibility, projects are prioritized and assigned based on fit with business strategy. By integrating PPM into a single ALM offering, Serena combines traditional PPM metrics, such as project costs and resource availability, with software development metrics, such as requirements met or defects open. This yields information that IT managers and executives can use to make better portfolio decisions and focus critical IT resources on higher-priority projects.

About Project & Portfolio Management Summit

Project & Portfolio Management Summit brings Senior IT Executives from the PPM business community together with Gartner Analysts, and leading and emerging Technology Providers. The business-intensive format includes Gartner-led sessions, Case Study Presentations, a Showcase of Exhibits, and networking functions.

About Vision Events

Vision Events, a Gartner, Inc. (NYSE: IT) company, is a leading producer of highly focused business events that bring resellers and end users together with leading and emerging technology providers in case study presentations to form strategic partnerships and secure new business in the technology sector. Additional information about Vision Events can be found at http://www.visionevents.com.

About Serena Software, Inc.

Serena Software is the leading global independent software company focused solely on application lifecycle management for distributed and mainframe systems. More than 15,000 organizations around the world, including 96 of the Fortune 100, rely on Serena solutions to automate the application development process and effectively manage their IT portfolio. Serena is headquartered in San Mateo, California, and has offices throughout the U.S., Europe, and Asia Pacific. For more information on Serena solutions and services, visit www.serena.com.

Serena is a registered trademark and Mariner is a trademark of Serena Software, Inc. All other products or company names are used for identification purposes only, and may be trademarks of their respective owners. Copyright (c) 2007 SERENA Software, Inc. All Rights Reserved.