Tagetik Reports Strong First Half 2010 in the USA

Tripled turnover and Growing Customer Satisfaction Strengthen Tagetik to Market Flexible Performance Management Platform

STAMFORD, Connecticut, September 2, 2010 - Tagetik, a global provider of Performance Management, Enterprise
Governance, Risk & Compliance and Business Intelligence software solutions,
today reported strong business figures from its U.S. operation, Tagetik North
America LLC, as well as positive customer feedback for the first semester of
2010 Fiscal Year.

"We are very satisfied with these positive results in U.S., especially in
a doldrums business climate," says Manuel Vellutini, EVP Chief Operating
Officer (COO) at Tagetik. "Tagetik North America has tripled the revenues
compared to last year and leverages more than 10 satisfied customers as well
as new partner alliances. These figures are in line with the corporate
double-digit growth - both consolidated (+33%) and on new license revenues
(+61%) -, 32 new customers from all international operations and a growing
relationship with Microsoft Corp., confirming an outstanding H1 for Tagetik
worldwide and encouraging investments to further develop a key-market to us,
like North America."

Tokens of this bright performance are first hand customer experiences and
market's growing demand for fast and flexible performance management
solution. "We had been contemplating a change in our CPM approach for the
past couple of years and Tagetik 3.0 provided a very flexible solution
overall with powerful built-in functionality that met our strict requirements
for the new forecasting methodology we planned to employ at our firm,"
commented Timothy Armstrong, Chief Operating Officer at Vinson & Elkins LLP
(www.vinson-elkins.com), an international law firm based in Texas.
"Compared to SAP, Tagetik was the clear winner for replacing our SRC product.
During the evaluation phase, we could already see how the solution would fit
in our environment."

"At Propex we need a budgeting and consolidation tool that gives us the
ability to create solutions that are sophisticated, comprehensive, flexible,
and integrated for our global business," comments Steve Powell, VP, Global
Treasury and Financial Planning at Propex Operating Company LLC
(www.propexus.com) a global manufacturer of industrial fabrics
headquartered in Chattanooga, Tennessee. "After looking at numerous platforms
we chose Tagetik because of their flexibility, extensibility, and breadth of
experience in the field. In the coming weeks we look forward to partnering
with Tagetik to design and deploy a world class solution for our budgeting
and forecasting processes that can realize our business goals."

Tagetik North America, which has been active on the U.S. market since
2008, attributes their growing demand to the slow but steady recovery
following the recent economic crisis. "Now that the clouds hovering over the
business climate are finally starting to lift, many organizations are looking
to invest in technologies to help them better weather the next economic
storm," explained Mark Corsetti, Vice President & General Manager at Tagetik
North America. "With Tagetik 3.0, companies can quickly implement powerful
CPM solutions that flexibly adapt to their individual business and industry
requirements. Best of all, each of these processes - from planning and
budgeting to financial consolidation or rolling cash flow forecasts - are
unified on a single platform. This ensures that companies can better manage
their assets and business performance while lowering the total cost of
ownership for these systems at the same time."

Last but not least, Tagetik won Bobrick Washroom Equipment
(www.bobrick.com), a leading manufacturer of commercial bath
accessories and bathroom partitions, who will implement Tagetik 3.0 for their
budgeting, financial planning and consolidation processes.

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
    +44-020-8297-5388
    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, +44-020-8297-5388, carolinep at jdmarketing.co.uk