Actuate China Launched; Engineering and Business Center in China Underscores Actuate's Commitment to Growing the Asia Pacific Market.

Business Editors/High-Tech Writers

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Oct. 28, 2003

Actuate Corporation (Nasdaq:ACTU), the world leader in scalable Business Intelligence Applications, today announced that it has established a wholly owned subsidiary in Shanghai, China. Actuate China will focus on business development and engineering to accelerate worldwide product adoption. Actuate China will include a Shanghai-based development center that will act as an extension to overall product development, seamlessly interoperating with existing development centers in South San Francisco, California, Overland Park, Kansas and Seattle, Washington.

"The Shanghai Development Center is the latest in a long list of initiatives we are pursuing to ensure that Actuate will be the number one Business Intelligence vendor in China by the end of 2006," said Pete Cittadini, Actuate's CEO and president. "The China market represents the second-largest information technology spend in the Asia-Pacific region and we want to ensure that we are poised for success in this geography."

About Actuate Corporation

Actuate Corporation is the world leader in scalable Business Intelligence applications. Actuate's Information Application Platform is the foundation on which Global 9000 organizations (companies with annual revenues greater than $1 billion) and packaged application software vendors create reporting and analytics applications that scale to empower 100 percent of their user community inside and outside the firewall. These Information Applications include Business Performance Management (BPM) dashboards, Information Portals as well as business analytic, enterprise reporting and spreadsheet reporting applications. Information Applications built with Actuate enable companies to increase their business agility, improve customer and partner relationships, adhere to corporate governance policies, and increase revenues while leveraging existing technology assets. When tested against other business intelligence products, Actuate's Information Application Platform has been proven to offer industry-leading scalability, the best performance, lowest Total Cost of Ownership. Actuate has over 2,100 direct customers and 300 OEM partners in a range of industries including financial services, pharmaceuticals, insurance, and distribution services, as well as the government sector.

Founded in 1993, Actuate has headquarters in South San Francisco, Calif., and has offices worldwide. For more information on Actuate, visit the company's Web site at http://www.actuate.com.

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(C) 2003, Actuate Corporation