Daptiv Named a Winner of a 'Project & Portfolio Management Innovation Award'

Market Wire, June, 2009

Daptiv , the on-demand leader in collaborative business software, today announced it has been named a winner of the 'Project & Portfolio Management Innovation Award' for Best Portfolio Analysis by a group of IT industry executives. Daptiv was nominated in all categories, including Best Solution: PPM Technology, Best PPM Strategy Service Provider and Best Presentation. The awards were part of the 2009 Project & Portfolio Management Summit, held this past week in Garden Grove, CA.

The 'Project & Portfolio Management Innovation Awards' are the only awards voted on solely by the attending IT Decision-Makers who directly influence their customers' technology buying decisions. After two days of boardroom presentations and one-on-one meetings, the decision-makers vote on the products and services presented at the show.

Daptiv is dedicated to providing focus and insight into the difficult-to-track initiatives and processes across departments, from marketing and HR to IT and finance. This is achieved through Daptiv PPM, an on-demand collaborative business solution that provides a single, central system of record and delivers an easy way of planning, executing, tracking and reporting on work across organizations. Daptiv's Work Intelligence(TM) gives managers, staff and stakeholders complete visibility into the project pipeline and day-to-day work activities through drill-down reporting, drag-and-drop dashboard creation and data visualization; helping them to align work with strategic priorities, make better decisions and execute to get superior business results. Daptiv PPM has earned numerous accolades for its ease-of-use, flexibility and quick time-to-value.

"This award is tremendous validation of the power of our solution to provide real-time insight into the everyday work that's going on across projects and teams, and to ensure that work is fully aligned with business priorities," said Jeff Pancottine, CEO of Daptiv. "Now more than ever, companies need to be able to efficiently capture a portfolio view of their organization so that they can make smart, informed decisions on-the-fly."

The Project & Portfolio Management Summit brought together senior IT executives from the Project & Portfolio Management business community with analysts and both leading and emerging vendors. The event focused on initiatives and issues specific to the buyers and sellers of Project & Portfolio Management solutions, with a business intensive format that included industry insight sessions from Gartner, ganthead and UMT Consulting as well as Private Boardroom Appointments, a showcase of exhibits, and networking functions.

For additional information on the Project & Portfolio Management Summit, visit: http://www.everythingchannelevents.com/ppm09

About Daptiv, Inc.

Founded in 1997, Daptiv is the on-demand leader in collaborative business software that enables companies of all sizes to transform their mid-office business operations. From new product development to operations and service delivery, Daptiv's on-demand solutions streamline employees' day-to-day interaction and collaboration while dramatically reducing the complexity of managing multiple teams, projects and tasks. Daptiv also gives executives unparalleled visibility into project, program and portfolio execution, as well as the ability to measure progress against key business priorities. Daptiv's flexible environment easily adapts to the work management needs of any department -- from IT and finance to marketing and human resources -- with an intuitive user interface, point-and-click system configuration and fast creation of forms, reports and alerts. Based in Seattle, Washington, Daptiv has already transformed the mid-office for more than 700 customers and 100,000 individuals at companies such as Amgen, Assurant, BASF, BP, Chase Paymentech, FiServ, Harvard University, Honeywell, La Poste and Virgin Blue. For more information visit www.daptiv.com .

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