Actuate and SmartTime Announce OEM Agreement; Actuate Information Delivery Solution Adds Real-Time Intelligence to Strategic Workforce Management Processes.

Business Editors/Technology Writers

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Feb. 5, 2002

Actuate Corporation (Nasdaq:ACTU), the Information Delivery market leader today announced that SmartTime Software Inc. (www.smarttime.com), a leading provider of strategic workforce management solutions, will embed the Actuate e.Reporting Server and e.Report Designer within their flagship product SmartWorks(TM), to help enterprises reduce and control labor costs in real time.

SmartTime Software is an industry leader providing strategic workforce management solutions for large diverse workforces and mid-tier enterprises. As a seamlessly integrated part of the SmartWorks application, Actuate delivers the reports necessary to make intelligent strategic labor management decisions in an uncertain business climate. Some of the information delivered by Actuate includes data on employee attendance, the amount of labor hours recorded by employees and productivity of the workforce. Staffing managers benefit from knowing when an employee is available and whether or not they meet staffing requirements. Accounting managers benefit from the ability to compare actual employee attendance with expected attendance, as well as calculate compensation based on attendance record. The Actuate reports allow companies to execute effective labor management strategies and meet immediate critical corporate objectives.

"Our partnership with Actuate is an important part of SmartTime's long-range product development strategy," said Bob Fabrizio, vice president of SmartTime's Product Development group. "Customers already recognize SmartTime as the leader in strategic workforce management solutions. We selected Actuate as our key technology partner based on the unique and immediate value the reporting tool will deliver to our growing customer base."

"An inherent goal of strategic workforce management is the ability to apply fundamental business analysis capabilities so that an organization can manage its workforce effectively and also analyze the composition of its workforce to make adjustments when necessary," said Barbara Hartford, SmartTime's director of Product Marketing.

More than 200 e.Business and independent software vendors embed Actuate solutions in products such as Customer Relationship Management (CRM), Supply Chain Management (SCM) and Financial Applications. These industry leaders choose Actuate because its software scales to 100's of thousands of users, provides a simple, flexible, end user experience in addition to integrating seamlessly with existing application infrastructures. 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.

"Every business must be able to correct or reinforce workforce trends that impact business outcomes," said John Bow, vice president of the Actuate e.Business Application Partners business unit. "SmartTime is adding strategic value by delivering solutions that enable enterprises to fully analyze the workforce, make informed and intelligent decisions, and execute plans designed to improve the operational efficiencies of a company's workforce. Enabling a business to analyze its deployed workforce and enhance its effectiveness can help that organization improve its competitive advantage."

About SmartTime Software, Inc.

SmartTime develops strategic workforce management solutions that enable leading enterprises to control labor costs by streamlining the deployment and management of their most precious resource -- the workers. The SmartWorks(TM) Suite automates critical pay-cycle tasks including employee scheduling, labor transaction collection, labor analysis and the fair application of time and attendance rules. SmartTime solutions enhance employee satisfaction and productivity by improving employee-manager communications. Companies reduce labor costs through efficient workforce utilization, knowledge-driven decision processes and error elimination.

SmartTime, headquartered in Framingham, MA, has been in business since 1986. For more information, visit www.smarttime.com or contact Thomas Hume, Director of Marketing Communications, at 508/598-3853.

About Actuate Corporation

Actuate Corporation 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, 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 to 100,000s of end users -- without downloads -- companies using Actuate can increase revenue, reduce costs and improve customer service. Actuate has over 1,600 direct customers and over 200 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.

Note to Editors: Actuate is a registered trademark of Actuate Corporation. e.Reporting and e.Spreadsheet are trademarks of Actuate Corporation. Other company names and trademarks are trademarks of their respective companies. Actuate Corporation SmartTime, SmartWorks, and SmartStaff are registered trademarks or trademarks of SmartTime Software, Inc. Other brand or product names may be trademarks or registered trademarks of their respective owners.