PLUM Plumtree Software (MM)

Plumtree Hires Tony Sanders as Vice President of Worldwide Channels Technology Veteran to Tap New Alliance and Distribution Opportunities for Plumtree Worldwide SAN FRANCISCO, June 3 /PRNewswire-FirstCall/ -- Enterprise Web leader Plumtree Software (NASDAQ:PLUM) announced today the hiring of Tony Sanders as vice president of worldwide channels responsible for all channels including system integrators, independent software vendors and OEMs. Sanders joins Plumtree from Oracle Corporation where he most recently served as vice president of North America application channels. "With more than 20 years of technology experience and outstanding revenue performance in channel roles, Tony is the perfect person to work to expand Plumtree's channel opportunities in the US and abroad," said Paul Ciandrini, Plumtree's COO. "Tony will help us leverage our existing channel ecosystem and will focus on adding Plumtree-powered applications to our portfolio through new alliances and joint application development." During his tenure at Oracle, Sanders held several leadership positions in alliances and channels, ultimately managing all indirect partner revenue for Oracle's application products as vice president of North America application channels. In this role, he was responsible for a 47 percent increase in indirect revenue in fiscal year 2004, achieving a $60 million quota in just nine months. Prior to this role, Sanders was responsible for technology and application channels in the Western US where he increased channel-driven revenue by 14 percent to $91.2 million in fiscal year 2003. Previously, Sanders held various sales management positions with Apple Computer and Xerox Corporation. "Plumtree stands above other vendors in the market because of its technology leadership, its successful customers and its agility in adapting to customer needs," said Sanders. "By extending the reach of Plumtree's sales force through new channels and untapped distribution opportunities, we look to drive growth on a global basis. I'm excited to be joining such an outstanding team and look forward to accelerating Plumtree's momentum in the growing service-oriented applications space." About Plumtree Software Plumtree Software is the Enterprise Web leader. Plumtree's mission is to create a comprehensive Web environment for employees, customers and partners across the enterprise to interact with different systems and work together. Plumtree's Enterprise Web solution consists of integration products for bringing resources from traditional systems together on the Web, shared services such as collaboration, content management and search for building new Web applications, and a portal framework for delivering these Web applications to broad audiences. Plumtree's independence and its Web Services Architecture allow this solution to span rival platforms and systems, helping maximize customers' return on their existing technology investments. With offices in more than a dozen countries, Plumtree has over licensed over 600 customers, including Boeing, Ford Motor Company, Procter & Gamble and the U.S. Navy. Safe Harbor Statement and Caution This press release contains forward-looking statements within the meaning of the Federal Securities laws. These forward-looking statements include market opportunities presented by our new channel program and initiatives. Other risks and uncertainties include those contained in the Company's most recent Annual Report filed with the Securities and Exchange Commission ("SEC") on Form 10-K, and all subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov/. We undertake no obligation following the date of this release to update or revise our forward-looking statements or to update the reasons actual results could differ materially from those anticipated in forward-looking statements. We caution you not to place undue reliance upon any such forward-looking statements, which speak only as of the date such statements are made. Past performance is not indicative of future results. We cannot guarantee any future operating results, activity, performance or achievement. NOTE: Plumtree is a registered trademark of Plumtree Software, Inc. and/or its subsidiaries in the US and/or other countries. All other registered and unregistered trademarks in this document are the sole property of their respective owners. Press Contact: Carilu Dietrich Plumtree Software 415-399-7047 DATASOURCE: Plumtree Software CONTACT: Carilu Dietrich of Plumtree Software, +1-415-399-7047, or Web site: http://www.plumtree.com/

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