Tagetik 3.0 and Microsoft Sharepoint Streamline Budgeting, Planning and Forecasting

Align Day-to-Day Operations With Corporate Strategy and Optimize Collaboration and Communication to Reduce Business Complexity

LUCCA, Italy, May 3, 2010 - Tagetik, a global provider of Performance Management, Financial
Governance and Business Intelligence software solutions, today announced the
release of Tagetik 3.0's new functionalities for Budgeting, Planning and
Forecasting processes in order to better meet increasing market demands and
leverage the strong integration with Microsoft SharePoint Server and the
Microsoft business intelligence platform.

To compete successfully in today's markets, organizations with complex
structures need specialized tools to support effective teamwork and
communication among major business functions involved in the budgeting and
forecasting activities. Using Tagetik 3.0, companies can now unify the
planning processes at strategic, corporate and operational levels while
ensuring full data traceability and reducing manual work. Due to the
integration with Microsoft and the release of 'Tagetik 3.0 Enabled by
Microsoft SharePoint', users can easily share information, tasks and
deadlines within their teams, analyze the data in detail and generate
advanced reports.

"Thanks to our growing international experience, our R&D has developed
new capabilities to better support strategic and operational budgeting
processes," explained Manuel Vellutini, Chief Operating Officer at Tagetik.
"Many of our customers have been able to develop very pervasive and detailed
budgeting models that not only provide greater insight on their
profitability, bottom line or cash flow but also the variables in their
business as well. Using the new features in Tagetik 3.0, our customers can
now examine the details of a sales budget by markets, channels, customers or
products as well as the costs for HR, production, plants or products."

"Tagetik 3.0's controlled environment supports top management to
establish multi-year strategic planning and operating managers to run
multiple scenarios and assess their impact on various business costs and
revenues," continued Vellutini. "This way, the CFO and the Controller can
quickly aggregate the necessary data, reduce budget cycles and better
understand the total financial impact of specific strategic decisions - from
launching a new product to restructuring a specific business area - while
improving control and visibility throughout the process. And thanks to
'Tagetik 3.0 Enabled by Microsoft SharePoint' companies empower Performance
Management with Collaboration and Communication across all the organization."

"Even in terms of IT, simplification is at hand," said Bill Koehler,
product manager of business intelligence at Microsoft Corp. "The
collaboration between Tagetik 3.0 and Microsoft business intelligence,
communication and collaboration tools allows us to support all business areas
with a highly collaborative solution, advanced reporting and analytic
features. Companies as a whole can utilize their existing investments,
simplify how people work together, as well as deliver value in managing and
controlling their business processes more efficiently. This firmly confirms
our partnership with Tagetik, whose performance management solution is an
ideal answer to the budgeting, planning and forecasting needs of Microsoft
customers."

For more information on how Tagetik 3.0 supports budgeting, planning and
forecasting processes and on 'Tagetik 3.0 Enabled by Microsoft SharePoint',
please visit: www.tagetik.com/software

About Tagetik

Tagetik - a Microsoft Gold Certified Partner - delivers a unified
software solution to support Performance Management and Financial Governance
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 .