Tagetik Positioned in Visionaries Quadrant in Leading Industry Analyst Firm's Magic Quadrant for CPM Suites 2009 Report

LUCCA, Italy, February 1 - Tagetik, a global provider of Corporate Performance Management
(CPM) and Financial Governance software solutions, today announced that it
has been positioned in the 2009 "Magic Quadrant for Corporate Performance
Management [CPM] Suites,"[1]. This annual report published by Gartner, Inc.
(NYSE: IT) evaluates software vendors on their completeness of vision and
ability to execute. Gartner defines Corporate Performance Management (CPM) in
the 2009 "Magic Quadrant for CPM Suites,"[1] as including "the processes
used to manage corporate performance, such as strategy formulation, budgeting
and forecasting; the methodologies that support these processes, including
the balanced scorecard, or value-based management; and the metrics used to
measure performance against strategic and operational performance goals. CPM
also comprises a series of analytic applications, such as BP&F,
financial-consolidation, and financial-reporting solutions, which provide the
functionality to support these processes, methodologies and metrics, targeted
at the CFO, finance team, senior executives and corporate-level decision
makers."

"We believe Tagetik's positioning in the Magic Quadrant as a
Visionary is result of a high percentage of new global customers and it
confirms that we have really simplified the complexity of many companies all
around the world," explains Manuel Vellutini, COO of Tagetik. "During the
last 3 years we raised at a faster than average rate in the CPM suites
market, and we have expanded globally by growing our direct channel and
distributor network in Europe and the U.S., this year we have launched
Tagetik 3.0 providing enhanced features in all areas of CPM functionality,
with full XBRL support and scorecarding capability and we also added a number
of features for financial governance, all this news represents a real
innovation for the market."

"In order to better meet companies needs," concludes
Vellutini, "our road map incorporated a broader view of BI and PM by
extending beyond traditional CPM boundaries with additional process workflows
to build custom analytic processes, vertical templates, and leverage of the
Microsoft stack by the integration with Microsoft SharePoint Server 2007.
Despite the achievements we will not stop investing in R&D, in people and
innovation."

According to the Gartner report, the market for CPM suites
continues to experience strong momentum, growing nearly 28% during 2008. This
is partly explained by an internal change in the way that Gartner analyzes
the CPM market. In previous years, Gartner identified the market as a
composite of embedded CPM functionality in ERP and BI products, as well as
stand-alone CPM suites. This year, Gartner based market sizing only on
stand-alone CPM suites. Figures for the previous year were, therefore,
revised to account for this change in methodology, which concluded that the
overall size of the market is now $1.867 billion, worldwide.

Read the "Magic Quadrant for Corporate Performance Management
[CPM] Suites" here:
(www.tagetik.com/downloads/reseach-reports/gartner-magic-quadrant-cpm-2010)

(Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser's URL address field. Remove the
space if one exists.)

[1] About the Magic Quadrant

The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is
reused with permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner's analysis
of how certain vendors measure against criteria for that marketplace, as
defined by Gartner. Gartner does not endorse any vendor, product or service
depicted in the Magic Quadrant, and does not advise technology users to
select only those vendors placed in the "Leaders" quadrant. The Magic
Quadrant is intended solely as a research tool, and is not meant to be a
specific guide to action. Gartner disclaims all warranties, express or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.

About Tagetik

Tagetik 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

Elisabetta Pierallini, +39-0583-96811, press@tagetik.com and Shak Akhtar,
+44(0)8708-510540, shakakhtar@tagetik.com

Elisabetta Pierallini, +39-0583-96811, press at tagetik.com and Shak Akhtar, +44(0)8708-510540, shakakhtar at tagetik.com