Adaytum Named One of Five 'Next Big Thing' Companies At Sand Hill Group's Prestigious 'Enterprise 2002' Conference.

Business/Technology Editors

MINNEAPOLIS--(BUSINESS WIRE)--May 29, 2002

Venture Capitalists and Industry Executives Include Adaytum in

Select Group of Companies; AMR Agrees Adaytum is "Red-Hot"

Adaytum(R), the leading provider of enterprise business planning (EBP) solutions has been named a "Next Big Thing" company at the Sand Hill Group "Enterprise 2002" conference, an exclusive conference that brings together CEOs and leaders from diverse segments of the enterprise industry to candidly share ideas and opinions and debate strategic issues of common interest.

During the conference held earlier this month, Adaytum Chief Executive Officer Guy Haddleton delivered a presentation to the more than 200 elite executives from the enterprise software industry. That speech highlighted Adaytum's numerous accomplishments in launching the EBP market category and outlined the company's future strategy to expand the value and adoption of its market-defining Adaytum e.Planning solution.

"The Adaytum presentation was extremely compelling and impressive -- and very well received by our attendees," said M.R. Rangaswami, managing director of The Sand Hill Group. "The company's vision for EBP and their performance to date were the major reasons for selecting them as a `Next Big Thing' company. In our current economic climate, Adaytum has few peers for a company of its size and growth."

"This is another remarkable distinction for our company," Haddleton said. "We're grateful to The Sand Hill Group for providing us this forum to speak to our colleagues and are very gratified by the warm response we have received. I believe that our company has the right technology, expertise, and management team to rise to the next level -- and it's encouraging to see that other people who've gone on before us to great success see the same in Adaytum."

Through its approach to enterprise business planning - encompassing forecasting, modeling, analytics, budgeting, reporting, and performance management - Adaytum has become the leading Web-based EBP solution provider as measured in license revenue, customers, and installations.

AMR RESEARCH AGREES ADAYTUM IS "RED-HOT"

Bruce Richardson, senior vice president for AMR Research, also provided positive views on the company in an article published in The AMR Research Alert, "Adaytum and i2: A Tale of Two Cities," (May 17, 2002). "Adaytum is a red-hot company. It has grown from $3.9M in 1996 to $51.2M last year, adding hundreds of brand-name companies, despite a modest marketing budget, along the way... EBP is one of those intuitive applications in which one can immediately see the value, even for CFOs who have a vise on IT's wallet. This is one of those hot applications that is not limited by industry, geography, or company size."

Earlier this month, the company announced an $11.1 million round of mezzanine financing. In the past 12 months, Adaytum has added 68 of the world's top 100 companies to its list of customers, including million-dollar-plus contracts from nine major global companies, several calling for deployments to 1,000 or more users. As a result, Adaytum has secured agreements with "best-in-class" corporations in energy, retail, insurance, financial services, and pharmaceuticals and has licensed 40,000 seats of Adaytum e.Planning worldwide.

ABOUT ADAYTUM

Adaytum - named to UPSIDE magazine's "Hot 100 Private Companies" for 2001 - provides Web-based enterprise business planning solutions that enable a single view of future operating performance. The choice of many leading global companies, Adaytum is headquartered in the U.S., with offices in the U.K., the Netherlands, and Australia, and partners in more than 35 countries worldwide. For more information, visit www.adaytum.com.

Adaytum is a registered trademark and Adaytum e.Planning is a trademark of Adaytum, Inc., in the United States and/or other countries. All other trademarks or registered trademarks are property of their respective holders.