2008 Starts on High Note for Skire.

Market Momentum and Product Enhancements Strengthen Leadership Position

MENLO PARK, Calif. -- Skire, Inc. (www.skire.com), the leading provider of capital program, integrated workplace, and project portfolio management software, began 2008 with market momentum generated by significant successes during 2007. Last year's strong record of achievement moves Skire squarely into the leadership position in its market, and has helped the company make major inroads with customers across a broad range of industries.

Highlights of 2007 include agreements with the second-largest U.S. financial institution, one of the world's leading forest products companies, and the world's second-largest copper company. Other companies that chose Skire solutions or expanded their use of the Skire Unifier[TM] platform in 2007 include top-tier firms in entertainment, consumer products, real estate development, and healthcare. The company also added new customers across the public sector, including several large educational institutions that have adopted Skire for delivering strong project management capabilities.

During 2007, Skire added a select group of implementation partners, which enhanced its ability to accelerate Unifier deployments even further. The company achieved critical technical certifications, including the Powered by SAP NetWeaver partner designation, which greatly simplifies Unifier integration with customers' SAP deployments for managing capital programs, projects, and real properties. The SAP platform is used by a high percentage of Skire customers, and simplified integration enables them to improve the return on their SAP investments while benefiting from Skire's innovative project and workplace management capabilities.

With the upcoming release of next-generation Skire Unifier 9.0, Skire clearly demonstrates its commitment to collaboration with its customers. The new release will help Skire drive continuous product improvement and remain closely aligned with customers' needs for application compatibility and flexibility for future innovation.

"We are pleased with the market's outpouring of interest and our successes during 2007," said Massy Mehdipour, Skire CEO. "An important advantage for Skire is customers' enthusiastic adoption of our hosted services, which makes it much easier for them to deploy breakthrough management capabilities without the high integration, security, and maintenance burdens of premises-based packages, while maintaining full compatibility with future releases. Everyone at Skire has contributed a huge effort to achieve this level of success, and we look forward to deepening relationships with our current customers while breaking new ground in critical market segments."

Skire Unifier is a powerful business process automation platform for managing programs, projects, resources, and assets. The platform centralizes comprehensive management capabilities and makes them available to everyone who needs them through a standard Web browser. With robust cost management and project controls capabilities, Skire's Unifier delivers the best combination of pre-defined workflows, best practices, ease-of-use, and adaptability.

About Skire

Skire, Inc. is the leading provider of capital program, integrated workplace, and project portfolio management software. The company's flagship Unifier platform leverages the company's deep industry experience, giving customers unprecedented visibility and control over major programs and projects. Skire's solutions are used by global Fortune 1000 companies, government agencies, and educational institutions for managing billions of dollars in capital programs, real estate, and IT portfolios. The company is privately held and headquartered in Menlo Park, California. For more information, visit http://www.skire.com

Unifier is a trademark of Skire, Inc. SAP, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other products and services mentioned herein are trademarks of their respective companies.