PLUM Plumtree Software (MM)

Annual Event Draws Over 700 Customers, Prospects, Developers and Partners to Exchange Ideas on Portal Technology Innovation Plumtree Software (Nasdaq:PLUM) today announced that Mark Carges, chief technology officer at BEA Systems, is scheduled to be a featured keynote speaker at Plumtree's sixth annual user and second annual developer conference, Odyssey+ADC 2005. The October 9-13 event in Hollywood, Florida is expected to draw more than 700 customers, prospects, developers and partners. This year's theme "Create. Connect. Collaborate." embodies Plumtree's mission to create composite applications that connect systems and people for collaboration within business processes. It also underscores the promise of service-oriented architecture (SOA) to help solve application integration issues within the enterprise. Attendees of the upcoming Odyssey+ADC 2005 will learn first-hand how Plumtree customers earned significant return on investment (ROI) on their advanced portal deployments. In addition to invaluable networking, this year's event is filled with new product announcements, customer roundtables and highly targeted business, technical and developer sessions. "Portal technology is the delivery vehicle for a new generation of composite applications," said John Kunze, chief executive officer of Plumtree Software. "Traditional applications are being replaced by more nimble, service-oriented architectures with new applications defined by the parameters of a business process. Our customers understand that by integrating user needs, IT systems and business processes via the portal, they have taken the first steps in delivering a SOA." "SOA has been described as one of the most important technology trends affecting global business today," said Carges. "To make SOA a reality, IT and business priorities have to be aligned within organizations. By recognizing that the portal has emerged as the first, and often the most visible, major application in a new service-enabled enterprise, Plumtree and BEA have a tremendous opportunity to help guide IT leadership teams. Our expertise can aid in successful portal implementations, and we have the tools to help organizations make the overall business case that can demonstrate how leveraging SOA can drive powerful competitive advantage." Industry research indicates SOA will become the main approach for creating and delivering software. According to Gene Phifer, vice president at Gartner, "Portals provide a fast track to SOA. Through 2007, an enterprise portal will be the first major application of SOA concepts for more than 50 percent of enterprises." Customer Survey: Portals and Composite Applications are Key to Productivity Findings of a customer survey executed at Plumtree's annual EMEA Odyssey conference, which took place earlier this year in the U.K., further substantiates the importance of composite applications to IT decision-makers due to the impressive productivity returns they provide. Over a quarter (28 percent) of Plumtree's survey respondents believe that by using composite applications they will improve productivity by 50 percent. However, nearly all (95 percent) agree that composite applications deliver at least a 10 percent productivity improvement. Portal technology plays an integral role in making this happen. The average Plumtree user-organization estimates that over the next five years their portal deployment will increase collaborative working by 54 percent. Many organizations also believe their portal is an ingrained tool with nearly half (48 percent) claiming that over 10 percent of their collaborative working is driven through it. In addition to the competitive advantages portals provide, they also deliver impressive return on investment (ROI). Of those using a Plumtree solution, a third (33 percent) claim to have generated over 100 percent ROI in less than five years. For more information about 2005 Odyssey+ADC including topics and sessions, please visit http://www.plumtree.com/odyssey+adc/. About Plumtree Software Plumtree Software is a technology leader, providing enterprise solutions to bridge disparate work groups, IT systems and business processes with its cross-platform portal. Plumtree Software continues to innovate, offering rich service-oriented environments to deliver composite applications that give customers the freedom and flexibility to support advanced user needs and business processes. Plumtree Software's solutions provide significant business value to more than 21 million users worldwide. Customers include Airbus, Mazda, Pratt & Whitney and U.S. Navy. For more information, visit www.plumtree.com. Plumtree is a registered trademark of Plumtree Software, Inc. and/or its subsidiaries in the U.S. and/or other countries. All other registered and unregistered trademarks in this document are the sole property of their respective owners.