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United Technologies Corporation Selects HandySoft's Plumtree-Powered SOXA Accelerator(TM) for Sarbanes-Oxley Compliance VIENNA, Va. and SAN FRANCISCO, June 14 /PRNewswire/ -- HandySoft Global Corporation, a leading provider of business process management (BPM) solutions, and Enterprise Web leader Plumtree Software (NASDAQ:PLUM) today announced that United Technologies Corp. (UTC) (NYSE:UTX) selected HandySoft's Plumtree-Powered SOXA Accelerator(TM) as its technology solution for Sarbanes-Oxley reporting compliance. Built as an inaugural application in Plumtree's Application Incubator program, the SOXA Accelerator combines BPM from HandySoft with collaboration, content management, search, and personalization from Plumtree. UTC, number 51 on the Fortune 500, is a $31 billion corporation that provides high technology products to the aerospace and building industries worldwide. UTC is planning to roll out the SOXA Accelerator globally across its seven business units to help ensure compliance with the Sarbanes-Oxley Act. UTC and its business units Pratt and Whitney, Hamilton Sundstrand, Sikorsky, Otis, Carrier, UTC Power, and Chubb have all deployed the Plumtree Enterprise Web Suite to serve customers, suppliers, partners, and employees. "Since so many of our employees and business units are already familiar with our Enterprise Web environment, adding a comprehensive workflow and process application for our compliance requirements was a natural choice," said Chris Leigh, IT security manager at UTC. "As a multinational company with more than 200,000 employees around the world, UTC understands that Sarbanes-Oxley is all about process management, tracking and enforcement -- not as a one-time event, but on an ongoing basis. That's exactly what the SOXA Accelerator will empower UTC to do," said Daryn Walters, vice president of global marketing and strategy for HandySoft. "UTC represents an important implementation for us. It shows that our solution is fully scalable, meeting needs of companies with one office and 10 people to conglomerates with thousands of users over many divisions." "UTC had already invested in the collaboration, search and publishing features of the Plumtree Enterprise Web Suite," said Jay Simons, director of applications at Plumtree. "Now in tandem with HandySoft's business process management engine, those familiar capabilities have come together in a service-oriented application for Sarbanes-Oxley compliance. Reusing and adding components in this way provides for a lot of flexibility in creating new applications and low total cost of ownership." The Sarbanes-Oxley Accelerator is offered as a stand-alone solution or as an add-on to existing HandySoft or Plumtree products. The public can learn more about the offering at http://www.handysoft.com/. About SOXA Accelerator The SOXA Accelerator enables companies to leverage existing financial, ERP, and other legacy systems to minimize the cost of compliance. It also provides the project and task management capabilities for defining significant accounts, processes, risks, and internal controls that conform to the standards outlined in the Sarbanes-Oxley Act. The SOXA Accelerator, built with Plumtree, provides the capabilities public companies need to establish the internal controls and reporting procedures that Sarbanes-Oxley requires, such as: -- Providing project and task management for defining significant accounts, processes, risks, and internal controls that conform to standards such as the COSO framework; -- Enabling the extended accounting, audit and compliance teams to have a personalized view of the compliance process and their assigned tasks; -- Automating the gathering and centralization of documentation and evidence needed for compliance; -- Allowing secure collaboration between internal finance groups and external accounting agencies on documentation and processes; -- Generating workflows for automating issue management and document sign- off; -- Helping identify issues and improvement opportunities in auditing and internal control processes; -- Ensuring the integrity of records with audit trails, document management, version control, and security measures; and -- Providing real-time reports and continuous monitoring that deliver insights into the status and performance of controls. About United Technologies Corp. United Technologies Corp., based in Hartford, Conn., is a diversified company providing a broad range of high technology products and services to the building systems and aerospace industries worldwide through its seven companies: Otis Elevator, Carrier, Chubb, UTC Power, Pratt & Whitney, Hamilton Sundstrand, and Sikorsky Aircraft. 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 platform 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 licensed over 600 customers, including Boeing, Ford Motor Company, Procter & Gamble, and the U.S. Navy. For more information, visit Plumtree on the Web at http://www.plumtree.com/. About HandySoft Global Corporation HandySoft Global Corporation is the premier provider of configurable software solutions that simplify and automate business processes; capture and enforce best practices; improve productivity and quality while reducing costs; integrate information technology; and foster collaboration among employees, customers, and partners. The foundation for HandySoft's industry and departmental solutions is BizFlow(R), the award-winning platform for business process management, automated workflow, and collaboration. BizFlow offers complete capabilities for building and managing automated business processes, including tools for designing and monitoring the processes, presenting and accessing work, integrating existing IT systems, and administering the platform itself. As a global solutions provider, HandySoft Global is headquartered in Vienna, VA, with offices in Australia, Japan, London, and Korea with strategic partner representation throughout the world. HandySoft has implemented process management solutions at hundreds of sites worldwide. For more information call +1-703-442-5600, email or visit http://www.handysoft.com/ HandySoft, the HandySoft logo, BizFlow, and BizFlow Accelerator Suites are trademarks of HandySoft Global Corporation. All other trademarks are the property of their respective owners. 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. Contact Information: Dennis O'Connor Peter Arnold Associates (for HandySoft) 781-239-1030; cell: (781) 883-5109 Sarah Hedges HandySoft Global Corporation 703-442-5600 Carilu Dietrich Plumtree Software 415-399-7047 DATASOURCE: HandySoft Global Corporation CONTACT: Dennis O'Connor of Peter Arnold Associates (for HandySoft), +1- 781-239-1030; cell: +1-781-883-5109, ; or Sarah Hedges of HandySoft Global Corporation, +1-703-442-5600, ; or Carilu Dietrich of Plumtree Software, +1-415-399-7047, Web site: http://www.handysoft.com/

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