Eurotech Upgrades to Tagetik 3.0 Enabled by Microsoft Sharepoint to Simplify Daily Business

Consolidation and Reporting Solution Seamlessly Integrates With Microsoft Business Intelligence Technology

LUCCA, Italy, September 9, 2010 - Tagetik, a global provider of enterprise software solutions
for Performance Management, Governance, Risk & Compliance and Business
Intelligence, today announced that Eurotech has upgraded to Tagetik 3.0
Enabled by Microsoft SharePoint. Eurotech, a leading international
manufacturer of Nano PCs and high-performance computers, uses the solution
for statutory and management consolidation and corporate reporting. The
company has been a Tagetik customer since 2006.

"We decided to leverage the new features in Tagetik 3.0
Enabled by Microsoft SharePoint to eliminate external spreadsheets and
further simplify consolidation and quarterly statutory reporting while
improving the integration with our other Microsoft Business Intelligence
tools," explains Sandro Barazza, Chief Financial Officer at Eurotech. "We
have been able to unify our entire consolidation and reporting processes -
from collecting and adjusting data to making intercompany reconciliations and
financial reports - within a single solution. In addition, we can now produce
integrated corporate reporting, by collecting annual budgets, quarterly
forecasts as well as weekly and monthly actual data on sales, orders, assets
and KPIs for the individual companies in our group."

"Our ability to innovatively respond to customer demands has
enabled us to deliver a new vision of Business Intelligence and Performance
Management," adds Manuel Vellutini, Chief Operating Officer (COO) at Tagetik.
"Instead of using highly complex, standalone tools, companies can now deploy
a single platform that integrates financial and operational processes with
collaborative decision-making features to make business information more
accessible to everyone."

Eurotech, which already uses Microsoft technology, can now produce
reports with Microsoft SQL Server Reporting Services and Analysis Services
starting from actual and budget data directly stored in Tagetik 3.0. And
users throughout the group can quickly access and share business information
via Microsoft SharePoint Server. "As a result, the benefits of this solution
extend far beyond finance to support operational decision-making in sales and
other departments," concludes Vellutini.

About Eurotech

Eurotech (www.eurotech.com), an international
manufacturer listed on Milan Stock Exchange (ETH.MI), implements cutting-edge
technologies to define and penetrate new and emerging markets, breaking
traditional barriers through innovation. With this vision in mind, Eurotech
has focused its research and development on key high-growth sectors like
pervasive computing to create innovative, integrated solutions (including
software, hardware, middleware and support services) that offer the
flexibility and scalability needed to capture new market opportunities. This
spirit of innovation and standard of excellence have made Eurotech a leader
in the field of high technology for computer miniaturization in a just a few
years. The company, founded in 1992 and based in Amaro, Italy, has offices in
the United States, Europe and Southeast Asia.

About Tagetik

Tagetik - a Microsoft Gold Certified Partner - delivers a unified
software solution to support Performance Management and Enterprise
Governance, Risk & Compliance, plus extended Business Intelligence,
Collaboration and Communication. Tagetik 3.0 creates value by simplifying
complex business processes for CFOs and CIOs: budgeting, planning and
forecasting, consolidation and reporting, financial governance, strategy
management, profitability modeling, working capital analysis and
compliance/industry requirements. Tagetik 3.0 is the solution to translate
strategy into operations, manage and control overall performance down to
business transactions, and improve decision-making across the whole
organization while achieving faster ROI and lower total cost of ownership
(TCO).

Tagetik operates in 13 countries leveraging a close partnership with
Microsoft. Its market experts are totally committed to the success of 400
worldwide customers, including some of the largest Fortune 1000 companies and
representing all industries, as well as to foster synergies with system
integrators, technology leaders and local consulting specialists. To learn
more: www.tagetik.com

    Corporate Press Contact:
    Elisabetta Pierallini
    +39-0583-96811
    press@tagetik.com

    US Press Contact:
    Alessandra Gamba
    +1-203-391-7520
    alessandragamba@tagetik.com

    UK Press Contact:
    Caroline Powell
    +44(0)20-8297-5388
    carolinep@jdmarketing.co.uk

Corporate Press Contact: Elisabetta Pierallini, +39-0583-96811, press at tagetik.com; US Press Contact: Alessandra Gamba, +1-203-391-7520, alessandragamba at tagetik.com; UK Press Contact: Caroline Powell, +44(0)20-8297-5388, carolinep at jdmarketing.co.uk