Tagetik to Conquer the Adriatic Region

CRMT d.o.o. is the New Distributor for Tagetik in South-Eastern Europe

LUCCA, Italy, March 29, 2010 - Tagetik, a global provider of Performance Management, Financial
Governance and Business Intelligence software solutions, today announced its
partnership with CRMT d.o.o, confirming the company's commitment to
international expansion strategy.

Heading the new partner based in Ljubljana (Slovenia) is Slavko
Despotovic, who has over twenty-five years experience of managing leading
software and IT companies like Hermes Plus (now part of S&T) and Actual I.T.
. The industry veteran will report directly to Tagetik's Chief Operating
Officer, Manuel Vellutini, and will be responsible for the markets in
Slovenia, Croatia, Serbia, Bosnia and Herzegovina, Macedonia, and Montenegro.
The Adriatic Region covers more than 20 million inhabitants and is a faster
than average growing market with strong demands for business performance
management solutions that can bring companies necessary means to manage
business performance effectively and efficiently and therefore be more
competitive on the wider European and global market.

"CRMT is a leading consulting company specializing in corporate
performance management, business intelligence, data warehousing, data
integration and master data management," explains Slavko Despotovic,
Managing Director at CRMT. "The company provides end-to-end services from
data architecture, implementation, project management, long term support, and
training. CRMT's competitive advantage is derived from our extensive team of
experts with the highest level of knowledge and competence who provide our
customers the most innovative, reliable, and consistent results on every
project," he continues. "We strongly share Tagetik's vision to simplify
complex business processes and its unyielding commitment to customer success,
leveraging Tagetik 3.0, a powerful software solution to deliver full
scalability and extensive functionalities in all Performance Management and
Financial Governance areas."

"Three years after our international debut, Tagetik now has business
operations in 13 countries (including US market) and major analyst
validation, consolidating as a global independent, and specialist software
vendor," states Manuel Vellutini, Chief Operating Officer at Tagetik. "As we
are continuing to build up our presence throughout Europe, we decided to
partner with CRMT who has an enviable track record of customer success due to
its unique ability to deliver solutions on time and within budget. Tagetik
3.0's 'embedded experience software' aims to conquer market attention as it
can easily adapt to country specific requirements as well as different
industry needs."

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

    Corporate Press Contact:
    Elisabetta Pierallini
    +39-0583-96811
    press@tagetik.com

    US Press Contact:
    Patricia Cuomo
    +1-203-391-7520
    patriciacuomo@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: Patricia Cuomo, +1-203-391-7520, patriciacuomo at tagetik.com; UK Press Contact: Caroline Powell, +44-(0)20-8297-5388, carolinep at jdmarketing.co.uk