Actuate and Elance Enhance OEM Relationship; Services Procurement and Management Application Incorporates Actuate to Deliver Industry Leading Reporting and Analysis Functionality.

Business Editors/High-Tech Writers

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--July 22, 2002

Actuate Corp. (Nasdaq:ACTU), the Information Delivery market leader, today announced that Elance Inc. has integrated Actuate into Elance 3, its Services Procurement and Management (SPM) application suite. This integration, which further enhances Actuate's OEM relationship with Elance, incorporates industry leading reporting and analysis functionality into Elance 3, which enables enterprises to optimize and gain visibility into all categories of services expenditures.

"Critical to making services a competitive advantage for an organization is providing visibility into supplier management, rate and compliance tracking, sourcing effectiveness and spend management," said Tim Reed, vice president of product strategy, Elance. "With Actuate, Elance provides organizations with the reporting and analysis needed to support intelligent business decisions across all phases of the Services Procurement and Management process."

Elance 3 is an easy-to-adopt, Web-based application that digitizes the planning, sourcing and management of services. It works seamlessly within a company's existing structure and business processes and integrates with corporate best practices and other enterprise applications, including e-procurement, ERP and HRMS applications. Elance 3 can be used to manage all categories of services expenditure including IT, marketing, temporary labor and other professional services.

With Actuate, Elance 3 delivers over 30 standard reports for both contractor and project based services including services spend summary, vendor scorecards, spend by vendor, monthly service spend, RFP by status and milestones tracking summary.

"We are pleased to be working with such a technologically innovative company as Elance," said John Bow, vice president of the Actuate OEM division. "By incorporating Actuate into Elance 3 we are able to provide Elance customers with the reporting and analysis functionality that is key to providing the visibility needed to effectively manage services expenditures."

Actuate meets the requirements for the next-generation of Information Delivery platforms. Actuate is an information-delivery and business analytics platform that can be integrated in software applications to add sophisticated reporting and ad hoc analysis capabilities. Actuate enables OEM partners to provide all their application users with the information they need in interactive, parameter-driven, web reports and full-function Excel spreadsheets.

Actuate has more than 250 OEM customers whose products range from applications for electronic marketplaces to customer relationship management to professional services automation. These e.Business leaders and packaged software vendors choose Actuate because its software represents the latest in Information Delivery technology and its e.Services group enables easy integration with existing application infrastructure, thus speeding time-to-market for new products. Further, Actuate's commitment to industry standards including Java, LDAP and XML ensures its product will be compatible with today's most prevalent e-Business applications.

About Elance, Inc.

Elance improves the way organizations buy and manage services -- the largest component of corporate spending. With Elance's Services Procurement and Management (SPM) solutions, businesses can improve the success rates and lower the costs of project and contractor based services. The company's offerings include Elance 3, an easy-to-adopt application suite for Fortune 1000 companies and Elance Online, a Web-based services marketplace that lets small and medium sized businesses benefit from the industry's largest network of professional services vendors and procurement experts. For more information on Elance please call 408/524-7500 or visit www.elance.com.

About Actuate Corp.

Actuate Corp. is the leading provider of Information Delivery solutions for Global 2000 companies and packaged application software vendors. Actuate provides the most effective platform for retrieving business information from corporate databases and delivering interactive Web pages and Excel spreadsheets to customers, prospects, partners and employees. Its infrastructure software is the foundation for applications such as client reporting, key performance indicators, CRM and e-Procurement. Actuate content is seamlessly integrated into corporate Web sites and packaged applications and can be printed and used to exchange data with other applications. By instantly delivering personalized content from tens to millions of end-users -- without downloads -- companies using Actuate can increase revenue, reduce costs and improve customer service. Actuate has over 1,800 direct customers and over 250 OEM partners, including almost thirty percent of the Fortune 1000.

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 www.actuate.com.

Actuate is a registered trademark of Actuate Corp. e.Reporting and e.Spreadsheet are trademarks of Actuate Corp. Other company names and trademarks are trademarks of their respective companies.