Adaptive Planning Selected to Present at the California Tech Showcase in the World Investment Conference in France

CEO to Participate in High Profile European Executive Gathering with Cutting-Edge California Companies

 

MOUNTAIN VIEW, CA — June 4, 2008 — Adaptive Planning, the worldwide leader in on-demand financial planning and reporting solutions, today announced that its CEO William A. Soward will present at the California Tech Showcase, a conference starting today in conjunction with the World Investment Conference in La Baule, France. Soward will join a select few executives in an event aimed at bringing together California's most innovative and promising technology companies with premier European technology leaders.

Adaptive Planning was selected after extensive review of over 700 companies by the CTS 2008 selection committee, which includes senior executives from leading European companies such as Siemens, T-Mobile, British Telecom, SAP, ST Microelectronics, Burda, Electricite de France, Societe Generale, and Bouygues Telecom, among others.

“We are delighted to participate in the California Tech Showcase,” said Soward. “Over the last several years, we have generated rapid international customer growth and widespread user adoption through our unique on-demand and open source offerings. It's clear there is enormous global demand for a superior financial planning and reporting solution, and we look forward to accelerating our European sales and partnership activities through our involvement in this prestigious event.”

As the first pure software as a service (SaaS) solution in the business performance management (BPM) space, Adaptive Planning provides powerful, flexible, and easy-to-use software without the exorbitant costs or lengthy installations associated with enterprise BPM and business intelligence packages. No new hardware, software, or IT support is required; deployments average less than 2 weeks of consulting time; and business users require under an hour of training. With commercial pricing that starts at $500 per year, as well as a free open source option, Adaptive Planning is an affordable choice for companies ranging from pre-revenue start-ups to multi-billion dollar global corporations.

Adaptive Planning is a high-growth, venture-backed company based in Silicon Valley with more than 250 customers, over 100 partners, and users in more than 80 countries. Over the last year the company has tripled its customers and bookings, and has generated more than 65,000 downloads of its product around the world.

About Adaptive Planning
Adaptive Planning is the worldwide leader in on-demand financial planning and reporting solutions that increase efficiencies and drive agile decision-making in dynamic, forward-looking companies. Adaptive Planning makes it easy to move beyond spreadsheets and automate budgeting, forecasting, and reporting, without the cost and complexity associated with traditional business intelligence and BPM software. With free software, free trials, and both on-demand and on-premise deployment options, Adaptive Planning provides the fastest and easiest approach to streamlining and elevating your financial management. Adaptive Planning is headquartered in Mountain View, Calif. and can be reached at 650-528-7500 or www.adaptiveplanning.com.