Daptiv Closes Out First Half of 2008 With Strong Results

SEATTLE, WA--(Marketwire - August 5, 2008) - Daptiv, the on-demand leader in collaborative business software, experienced continued strong business growth through the first half of 2008, highlighted by the introduction of several new Daptiv technologies and services, continued expansion of the Daptiv community across the globe, and recognition of leadership from industry organizations. Daptiv continues to build on its banner year in 2007 by focusing on expanding its solutions to meet the needs of any size company to transform their mid-office business operations and facilitate faster and easier collaboration. The first two quarters were highlighted by the addition of more than 100 new customers in 13 countries, including Australia, China, Ireland, Russia and Saudi Arabia. New Daptiv customers include Bain Capital, BestBuy.com, InterContinental Hotels Group, Levi Strauss and McKesson.

The first half of 2008 marked the debut of the Daptiv Greenhouse, the first full-cycle customer/vendor collaboration tool. After a limited beta it was made available to the entire Daptiv community and received recognition for pioneering the next wave of customer participation in product development and innovation. The Greenhouse reinvents the standard vendor-customer relationship by giving every Daptiv user a voice and a view into product development, fostering collaboration and conversation across the user community. Debuting with a splash, the Daptiv Greenhouse has already experienced wide adoption, generating more than 300 product ideas.

This year, Daptiv expanded its offering across geographies and all sizes of organizations with its Global Partner Program and the Daptiv SMB solution. Because smaller does not necessarily mean simpler work, Daptiv created a specialized, scalable solution for SMBs that is streamlined for easy implementation but still offers all of the powerful functionality of its enterprise solution. The Global Partner Program supports systems integrators, resellers and consulting firms in extending the Daptiv solution to businesses around the world, from Mexico to India to the Netherlands.

Daptiv has also received a series of industry accolades this year, including being positioned by Gartner in the Leader's quadrant for the 2008 Gartner Magic Quadrant for IT Project and Portfolio Management Applications, the only SaaS company to receive this distinction. Additionally, JMP Securities named Daptiv to its Hot 100 list of private companies, and Washington CEO Magazine named Daptiv one of Seattle's best companies to work for. Daptiv was also a CODiE finalist for the second year in a row for the Best Project Management Solution.

"Our focus this year has been on collaborating with our customers to continue refining and enhancing our solution for managing work, helping companies and people work smarter," said Jeff Pancottine, CEO of Daptiv. "For the remainder of 2008, we're focused on expanding our footprint to companies across the world and improving on our core solution with the next major release of Daptiv PPM this Fall. Customers, partners, analysts and the media are all clearly excited and impressed with our vision and focus on continuing to innovate and meet the needs of a constantly evolving market."

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.

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