Daptiv Positioned in "Leaders" Quadrant for IT Project and Portfolio Management

SEATTLE, WA--(Marketwire - June 18, 2008) - Daptiv, the on-demand leader in collaborative business software, today announced that leading research firm Gartner, Inc. has positioned Daptiv in the Leaders Quadrant of the 2008 Gartner Magic Quadrant for IT Project and Portfolio Management Applications(1), available here: http://www.daptiv.com/document_library/analysts/Gartner_MQ_2008.pdf. Daptiv PPM is an on-demand collaborative project management platform that provides a strategic system of record and delivers an easy way of planning, executing, tracking and reporting on work in the enterprise. Daptiv's Work Intelligence™ gives managers and executives complete visibility into the project pipeline through drill-down reporting, drag-and-drop dashboard creation and data visualization: helping them to align projects with strategic priorities, make better decisions and execute to get superior business results. Since its release last year, Daptiv PPM has earned numerous accolades for its ease-of-use, flexibility and power.

"We believe being named to the Leaders Quadrant in the Gartner Magic Quadrant for IT PPM validates not only the strength of our offering, but also the tremendous benefits inherent to our Software-as-a-Service model," stated Jeff Pancottine, CEO, Daptiv. "It is clear that our vision for managing work is resonating. We will continue to provide a compelling mix of easy-to-use software and management-level visibility to help our customers get work done faster, smarter and better."

Last week's debut of Daptiv's Greenhouse -- a forum in which users collaborate with one another and Daptiv on product innovation -- is further testament to the company's dedication to fulfilling the varied and evolving needs of its customers. The Greenhouse is currently available to its entire customer base of more than 100,000 users, offering Daptiv customers unprecedented transparency into the product development cycle and giving them a voice throughout the process. For more information on the Daptiv Greenhouse, please see: http://www.daptiv.com/company/news_press/press_release/2008/06/061108_ daptiv_greenhouse_launches.htm

The "Magic Quadrant for IT Project and Portfolio Management Applications" report evaluates each vendor according to its completeness of vision and ability to execute.

About Daptiv, Inc.

Founded in 1997, Daptiv is the on-demand leader in collaborative business software that enables companies of all sizes to transform their mid-office business operations. From new product development to operations and service delivery, Daptiv's on-demand solutions streamline employees' day-to-day interaction and collaboration while dramatically reducing the complexity of managing multiple teams, projects and tasks. Daptiv also gives executives unparalleled visibility into project, program and portfolio execution, as well as the ability to measure progress against key business priorities. Daptiv's flexible environment easily adapts to the work management needs of any department -- from IT and finance to marketing and human resources -- with an intuitive user interface, point-and-click system configuration and fast creation of forms, reports and alerts. Based in Seattle, Washington, Daptiv has already transformed the mid-office for more than 700 customers and 100,000 individuals at companies such as BASF, BP, Cushman and Wakefield, Chase Paymentech, Honeywell, Merrill Lynch, Sprint/Nextel, Blue Cross and Blue Shield of Kansas City and Virgin Blue. For more information visit www.daptiv.com.

About the Magic Quadrant

The Gartner Magic Quadrant is copyrighted 2008by Gartner, Inc., and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

(1) Gartner, Inc., "Magic Quadrant for IT Project and Portfolio Management Applications" by Matt Light, Daniel B. Stang, June 13, 2008.

Contact Information: Contact: Monica Miller or Zoe Vandeveer LaunchSquad 415-625-8555 daptiv(at)launchsquad(dot)com