Press Releases

Mountainview, CA — February 11, 2010 — Adaptive Planning, the worldwide leader in on-demand financial planning and reporting solutions for companies of all sizes, today announced that the company has recently received prominent industry awards and recognition from major organizations including Red Herring, BPM Partners and Piper Jaffray.

Red Herring honored Adaptive Planning with a Global 100 award, which recognizes the leading private companies in North America, Europe, and Asia. This award highlights the top 100 companies from over 1,200 candidates that Red Herring evaluated over the last three years, based on both quantitative and qualitative criteria including financial performance, technology innovation, management quality, strategy, market penetration, and standing relative to their sector peers.

BPM Partners, a leading authority on business performance management (BPM) products and services, named Adaptive Planning a Core Vendor in their annual Performance Management Pulse Survey and Report. This was the third year in a row that Adaptive Planning received the honor, as well as the third consecutive year that the company received top-tier customer satisfaction marks in the independent survey. Additionally, Adaptive Planning was the only software as a service (SaaS) vendor to achieve Core Vendor status.

“Interest in SaaS solutions continues to grow year over year as companies realize that they can go live quickly, without IT support, and have access to user-friendly applications that are always current,“ said Craig Schiff, President and CEO of BPM Partners. “As a Core Vendor, we see Adaptive Planning extremely well-placed to take advantage of the growing market for SaaS BPM solutions.”

Adaptive Planning was also named to Piper Jaffray's “Nifty 150” list, a designation for private companies that are well-positioned to capitalize on the cloud computing trend and have generated significant awareness within their respective industries.

“Adaptive Planning has had a tremendous year in terms of revenue growth, partner momentum, and industry awareness,” said William A. Soward, CEO of Adaptive Planning. “We are proud to see our innovative solutions and customer successes continually recognized by respected industry authorities.”

In 2009 Adaptive Planning won numerous awards, including:

• CODiE Award for Best Business Intelligence & Knowledge Management Solution
• Red Herring 100 North America Award
• B-EYE Network Award for Software as a Service BI
• Best of SaaS Showplace Award
• Technosium Hot Company Award
• Product Innovation Award for Business Intelligence
• CRN Emerging Vendor Award

About Adaptive Planning

Adaptive Planning is the leader in on-demand budgeting, forecasting, and reporting solutions that streamline financial management, improve collaboration, and drive better business decisions in companies of all sizes. By offering affordable annual subscriptions and rapid implementations, and by eliminating the need for new hardware or IT support, Adaptive Planning makes it easy to move beyond spreadsheet-based processes without the cost and complexity associated with traditional business intelligence (BI) and business performance management (BPM) applications. Available both on-demand and on-premise, Adaptive Planning allows finance leaders and management teams to make better-informed decisions, execute with agility and discipline, and ultimately improve competitiveness. Adaptive Planning is headquartered in Mountain View, Calif. and can be reached at 650-528-7500 or www.adaptiveplanning.com.

Media Contacts:

Derek Kober
GlobalFluency
650-433-4233
dkober@globalfluency.com

Greg Schneider
Adaptive Planning
650-810-0525
gschneider@adaptiveplanning.com