Independent Research Firm Cites Tagetik as a Strong Performer in Business Performance Solutions Report

STAMFORD, Connecticut and LUCCA, Italy, December 3 - Tagetik, a global provider of Performance Management (PM) and Financial
Governance software solutions, was among the select companies that Forrester
Research, Inc. invited to participate in its November 2009 report: "The
Forrester Wave(TM): Business Performance Solutions, Q4 2009". In this
evaluation, Tagetik was cited as a Strong Performer in the Business
Performance Solutions category. Strong Performers were cited for offering
functional depth and flexible application toolkits. The firm was one of ten
vendor companies evaluated in the study, which stated that Tagetik is,
"laser-focused on financial process excellence."

The study evaluated Tagetik's 3.0 offering, released this past June.
Tagetik 3.0 was identified as having very robust financial modeling
capabilities for planning and profitability analysis. Its financial
consolidation component was described as among the best the independent
research firm has evaluated.

"Our inclusion in this and other analyst's studies is indicative of our
having developed a robust performance management offering. The market place
is giving Tagetik 3.0 solid acceptance as demonstrated by 150% growth in new
United States customers so far in 2009," said Tagetik Chief Operating Officer
Manuel Vellutini.

The report stated that "Tagetik has achieved significant success with
large clients throughout Europe and it is gaining traction in the US as
well." Criteria for vendor inclusion in the study were:

    - A complete core BPS offering that includes at least three of
      the four core BPS capabilities (planning and budgeting, financial
      consolidations, cost and profitability management, and strategy and
      performance measurement applications).
    - Annual revenues currently exceeding $5 million and an installed
      base of at least 100 live customers.
    - Financial viability and frequent mention by clients in Forrester
      Inquiries.

Once vendors have met the preliminary criteria for inclusion, the
Forrester Wave Methodology examines past research, user need assessments, and
vendor and expert interviews to develop the initial evaluation criteria. To
evaluate vendors against these criteria, the firm gathers details of product
qualifications through a combination of lab evaluations, questionnaires,
demos, and/or discussions with client references. Vendors then review the
evaluations to be sure they provide the most accurate view of their offerings
and strategies.

For further information visit www.tagetik.com.

Contact details: Debora Orrico di Russo,+39-348-5635975,deboraorrico at int.tagetik.com