Tagetik Announces its presence at the Gartner Business Intelligence Summit

GARTNER Business Intelligence Summit, Chicago, IL. March 2007 – Tagetik, an international provider of the next generation of Corporate Performance Management (CPM) solutions, today announced from the Gartner Business Intelligence Summit its plans to continue the expansion into the North America market. This announcement marks an important step in the company’s ongoing global expansion strategy.

“The company vision and the innovative solution position Tagetik as a unique player in the CPM market. Companies come to us because our solution, Tagetik CPM, unifies all Corporate Performance Management applications and processes into a single product, which allows us to meet the needs of companies regardless of their size or business”, said Bani Brandolini, Tagetik President International. “Our short term goal is to develop an effective network of distributors that will provide world class sales, services, and support.”

Tagetik North America is based in Stamford, Connecticut, located in the New York metropolitan area. Tagetiks’ expansion into North America follows new operations in Germany, Spain, Portugal, Austria, and Switzerland. Additional countries will be added in 2007.

“2006 was a year of great changes and of great achievements for Tagetik,” said Pierluigi Pierallini, President and CEO. “With a 40% increase in turnover, 200 employees, over 250 customers and 35% of turnover devoted to R&D and training, we decided to take up the international challenge, drawing on the culture of innovation and customer focus that have always been at the heart of our business. Tagetik’s steady development into an international company has also been guaranteed by our young, talented and enthusiastic management team, which is directly responsible for our operational activities and strives to maintain a ‘family’ dimension where all our customers can feel they are truly our main focus.”


About the Gartner Business Intelligence Summit
The Gartner Business Intelligence Summit is the only event designed to provide businesses with the knowledge required to create a visionary business intelligence strategy. Through a content-focused curriculum, attendees will learn the methodologies, strategies, technologies and architectures that will move them from the tactics of cost cutting and compliance to increasing their companies' agility and responsiveness, and improving overall business performance. Additional information is available at www.gartner.com/us/bi.

About Tagetik
Tagetik is an international provider of the next generation of Corporate Performance Management (CPM) solutions. Tagetik CPM is an innovative single CPM solution that leverages cross platform technology and delivers unified and faster process cycles, powerful scalability, short implementation time and lower TCO. With over 10 years of experience, Tagetik has embedded the knowledge and best practices of its customers into Tagetik CPM.

Tagetik CPM is the first software solution with built-in, flexible and unified financial, operational CPM and application processes such as budgeting, financial planning, consolidation, financial and operational reporting and analysis. Tagetik has over 250 customers including Unicredit, Telecom Italia, Bank Pekao, Manuli Rubber Industries, SSL Healthcare, Mediaset, De Agostini, Fininvest, Mediobanca, BNL, Eni Snamprogetti, IFI-Ifil, Marzotto, Valentino, Banca Popolare di Milano, Impregilo, Astaldi, ERG, Acea, Brembo, AC Milan, Techint, Illy, Il Sole 24 Ore, Yamaha, Barilla.

Visit www.tagetik.com or call XXXX for more information. For specific information about Tagetik North America, contact John Cingari at johncingari@int.tagetik.com.


Tagetik and Tagetik CPM are registered trademarks of Tagetik Software All other brand or product names are the trademarks of their respective companies

FOR IMMEDIATE RELEASE CONTACT:
John Cingari
Tagetik North America
E-mail: johncingari@int.tagetik.com