K2 Releases Update to Its Workflow and BPM Software Platform

Redmond software maker focuses on user experience and improved performance

REDMOND, Washington, April 12, 2010 - Software maker K2 today announced the release of K2 4.5, the fifth update
on the fourth major version of its workflow and BPM platform.

All three K2 software products - K2 blackpearl, K2 blackpoint and K2
connect - are now enhanced with significant new features and capabilities
that focus on simplicity, performance and stability.

Both K2 blackpearl 4.5 and K2 blackpoint 4.5 now feature a new Web-based
K2 Designer for SharePoint and Office-like K2 Studio designer for faster and
more intuitive application design. K2 blackpearl's other application
designer, K2 Designer for Visual Studio now supports Visual Studio 2008 SP1.

    Other new or updated platform highlights:

    - K2 Inline Functions allow users to build complex logic and calculations
      with simple drag-and-drop tools.
    - K2 View Flow is improved to give users a graphical, real-time view into
      the status of any step in the process. For every action taken
      along the path of the workflow, audit information is available so users
      know what decisions were made and who made them.
    - The K2 ADO.NET Data Provider, K2 SmartObjects and runtime components
      have been enhanced, so complexity is reduced and developers can build
      more sophisticated .NET applications that make use of data across
      systems and organizations.
    - K2 Process Portals are SharePoint sites that provide a one-stop
      location for access to information and management of processes. Reports
      included on the site provide deep visibility into process performance
      and can help uncover bottlenecks and inefficiencies.

The K2 4.5 updates also include support for Silverlight 4.

"The improvements we've made in this 4.5 update hit every key area - from
the design and developer experience to the end-user interaction, to
infrastructure and administration," said K2's Adriaan Van Wyk, CEO. "Each
addition and enhancement was made based on feedback from our customers and
partners, and it's resulted in the strongest, most innovative platform we've
ever had."

To learn more about the K2 4.5 update, please visit www.k2.com.

About K2 (www.k2.com)

K2-based solutions are deployed by a growing number of the global Fortune
100. K2 is a division of SourceCode Technology Holdings, Inc. based in
Redmond, Washington, and has offices all over the world.

Chris Tomeo of K2, +1-303-482-2189, ctomeo at k2.com