Actuate Named 2008 CODiE Awards Finalist for "Best Business Intelligence Solution" and "Best Open Source Solution" Categories

Business Wire, Feb 27, 2008

SAN MATEO, Calif. -- Actuate Corporation (NASDAQ:ACTU), the leader in delivering Rich Internet Applications Without Limits[TM], today announced that Actuate 9 has been selected as a finalist in the "Best Business Intelligence Solution" and "Best Open Source Solution" categories in the 2008 Software & Information Industry Association's (SIIA) CODiE Awards.

The CODiE Awards program recognizes outstanding achievement in the software and information industry. This year's edition was very competitive with over 1,100 nominees in 68 categories. "Competition is tough this year and that makes selection as a CODiE Finalist a real achievement," said Ken Wasch, SIIA president. "All the companies on this year's list should feel justifiably proud of their recognition."

Actuate 9, released in August 2007, is the only platform that meets the entire range of reporting requirements from pixel-perfect reporting, ad hoc query and web-based collaborative reporting to spreadsheet and analytics reporting. In addition, Actuate 9 introduced interface and performance improvements that allow for faster, more cost-effective and widespread deployments of reporting applications. Actuate 9, which is largely based on open source technology, has been recognized as a best-of-breed Business Intelligence tool by several industry-leading publications and organizations. The Actuate sponsored Eclipse Business Intelligence Reporting Tool (BIRT) project is the foundation of Actuate 9. BIRT is a community-driven, platform-neutral project that allows developers to create highly visual web reports, dashboards and ad-hoc report templates, delivered to users via a web browser. For more information on BIRT and Actuate's BIRT Exchange community site, please visit http://www.birt-exchange.com.

"We're thrilled about being a finalist for the CODiE Awards," said Nobby Akiha, SVP of marketing at Actuate. "This recognition is a testament to our commitment to deliver our customers enterprise solutions customized to meet their needs. As organizations demand more efficient and productive collaborative reporting applications, it's gratifying when solutions like Actuate 9 obtain recognition from leading organizations such as the SIIA."

The 23rd Annual CODiE Awards Gala will be held on May 20, 2008 at the Palace Hotel, San Francisco, CA, where winners will be formally announced. To access a complete list of 2008 CODiE Awards finalists, please visit: http://www.siia.net/codies/2008/finalists.asp.

About Actuate Corporation

Actuate Corporation is dedicated to increasing the richness, interactivity and effectiveness of enterprise data, for everyone, everywhere. Actuate delivers the next generation RIA-ready information platform for both customer and employee-facing applications. The Actuate platform boasts unmatched scalability, high-performance, reliability and security. Its proven RIA capabilities and highly collaborative development architecture are backed by the world's largest open source information application developer community, grounded in BIRT, the Eclipse Foundation's only top level Business Intelligence and reporting project.

Global 9000 organizations use Actuate to roll out RIA-enabled customer loyalty and Performance Management applications that improve customer satisfaction and employee productivity. The company has over 4,200 customers globally in a diverse range of business areas including financial services and the public sector, many of which have a long history of deploying Actuate-based solutions for dozens, or even hundreds of their mission-critical applications. Founded in 1993, Actuate has headquarters in San Mateo, California, with offices worldwide. Actuate is listed on NASDAQ under the symbol ACTU. For more information on Actuate, visit the company's web site at www.actuate.com.

Copyright (c) 2008 Actuate Corporation. All rights reserved. Actuate and the Actuate logo are registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. All other brands, names or trademarks mentioned may be trademarks of their respective owners.