Innotas Named to JMP Securities Hot 100 List of Best Privately Held Software Companies

SAN FRANCISCO, CA--(Marketwire - May 18, 2012) - Innotas announced today it has been named to the JMP Securities "Hot 100: The Best Privately Held Software Companies" list. The report, issued May 2012, profiles 100 of the leading private companies in the software industry as identified by the software research team at JMP Securities, a full-service investment bank. Innotas is a leading provider of Cloud Solutions for IT Management and delivers a seamless way to manage resources, applications, and projects across all IT.

The 'Hot 100' list is selected each year based on the evaluation of multiple criteria, including financial growth, products and services, quality of leadership, customers and market potential. This is the first time that Innotas has been included in the list.

"We are honored to be named to the JMP Hot 100 list, recognizing our growth and leadership in the IT management and Project Portfolio Management sector," said Kevin Kern, CEO of Innotas. "We continuously strive to develop innovative and user-friendly solutions that help our customers to manage and measure the work that their IT staff generates for their business."

In addition to being named to the JMP Hot 100 list, Innotas has received numerous awards and recognitions in 2012, including:

• CODiE award winner for Best Project Management Solution
• Best Places to Work award for the San Francisco Bay Area by the San Francisco Business Times
• Finalist for Red Herring Top 100 Americas Awards

About Innotas
Innotas, a leading provider of Cloud Solutions for IT Management, delivers a seamless way to manage Resources, Applications, and Projects across all IT. Innotas' solutions include Project Portfolio Management (PPM), Application Portfolio Management (APM), and Innotas Integration Platform. Headquartered in San Francisco, Innotas has hundreds of customers nationwide, including Bank of the West, Tiffany & Co., Crocs, Crayola, City of Memphis, RelayHealth, and World Vision. For more information, visit www.innotas.com or contact 866-692-7362.