Appian Announces Stellar Q3 2007 Results.

Financial Services and Government Sector Successes Drive Second-Highest Quarterly Order Volume in Company History

VIENNA, Va. -- Appian, an innovative global provider of business process management (BPM) technology, today announced that results for the third quarter of 2007 show the company's position as a leader in the BPM market continues to grow. Q3 2007 saw the second-highest order volume in the company's eight-year history. Based on pipeline visibility, Appian expects this growth trend to continue through early 2008.

The success of the quarter was driven by existing account growth as well as new customer wins in the financial services and government agency sectors, where Appian has a long-established position of dominance. These market sectors have matured in terms of BPM adoption based on the value of process innovation for creating new efficiencies and economies of scale, establishing and monitoring regulatory compliance, increasing partner and employee collaboration, and driving revenue growth.

"Appian enables global organizations to simplify process innovation, delivering the real-time visibility and control needed to optimize the critical processes that determine business performance," said Matthew Calkins, Appian president and chief executive officer. "The tremendous success of our third quarter, and the trajectory it represents of our increasing position as a market leader, is a testament to the value of our BPM technology and expertise, including the market's first and only comprehensive BPM suite."

A Financial Services Leader

In the third quarter of 2007, Appian added three global 1000 financial services leaders to a customer roster that already includes organizations such as the European Bank for Reconstruction, Real Capital LLC (an affiliate company of Barclays North, Inc.), the U.S. Securities and Exchange Commission, World Bank Group, and more.

Appian's position as a leader in BPM for financial services organizations was recognized by Forrester Research in its August 2007 report, "Forrester Wave[TM]: Human-Centric BPMS For Banking and Investments, Q3 2007." In the independent report, Appian received the highest score in current offering for the vendors evaluated. The report cited requirements such as rapid speed-to-market and modification abilities, the ability to simplify processes and measure results, and easy integration and service-oriented architecture support as key criteria.

Mary Pilecki, Forrester Research analyst, and author of the Forrester Wave report, stated, "Strong prebuilt processes for both banking and investments help build the high score, but Appian also excels in compliance with a separate compliance manager tool to support the needs of FSIs [financial services institutions]. One of only two firms to score equally well in investments and banking functionality, Appian offers strong FI leadership and expertise."

A Government Agencies Leader

Appian's success with existing deployments at the U.S. Army and the Defense Information Systems Agency led to third quarter growth within those accounts, as well as new wins with a host of other agencies. Based on proven success with large-scale deployments, Appian won new competitively-bid contracts with the U.S. Treasury, the Defense Acquisition University, and United Space Alliance.

These agencies have embraced Appian's BPM suite for its ability to foster human collaboration in addition to process automation, and for the value generated by removing "stove-pipe" approaches to deliver a holistic, agency-wide view of common processes. This is evident in the deployment of Appian's BPM procurement module, Appian Acquisition Manager, at a number of agencies. These agencies realize that cost savings can only come from a collaborative, process-oriented approach to cost management that is flexible enough to keep up with dynamic processes.

Partnership Growth

The results of the quarter were rounded out by significant growth in Appian's global partnership program. New significant partners in the third quarter included Wipro and Saytam (both top five India-based solution providers), BearingPoint (for multiple implementations across EMEA), SAIC (for solution delivery to its defense client base), Smart Group (for solution delivery in insurance markets), Advent Global (which has developed an integration framework for SAP), and two new partners in the European Union (Web Results in Italy, and EXODUS in Greece).

"Appian has been a leader in BPM innovation since 1999," continued Calkins. "We understand that flexibility, comprehensiveness, and ease-of-use are the hallmarks of a truly valuable BPM solution. Appian embodies those qualities, and the market continues to respond enthusiastically."

About Appian

Appian is the BPM pure-play expert. Since 1999, Appian has led the market in BPM innovation, delivering comprehensive, flexible and easy-to-use solutions customized to the unique needs of individual organizations. Businesses and governments worldwide use Appian to easily drive process innovation, with the real-time visibility, control and analytics needed to improve the critical processes that determine business performance. Appian allows all users across the organization to effectively collaborate and be part of the process of achieving corporate goals. Appian is headquartered in the Washington D.C. region, with professional services and partners around the globe. For more information, visit www.appian.com.