Eleven Niku IT Management Customers Honored in Computerworld's 'Best IT Places to Work' Survey; Industry-Leaders such as Royal Caribbean and Harrah's Entertainment in Top 20.

REDWOOD CITY, Calif. -- Niku Corporation (Nasdaq: NIKU), the leader in IT Management and Governance (IT-MG) solutions, announced that Computerworld's recently published "100 Best Places to Work" counts 11 Niku customers among this group of leaders. Two Niku customers took spots in the top 20, including Royal Caribbean Cruise Lines (NYSE: RCL) at #13, and Harrah's Entertainment (NYSE: HET) at #20. Other Niku customers on the list include Bell-South, Eastman Chemical and Arrow Electronics.

For the past 11 years, Computerworld has conducted an annual survey to determine the 100 Best Places to Work for IT Professionals. The winners were announced in the June 14, 2004 issue of the publication. The survey includes U.S.-based companies, both public and private, that have 2003 revenue of $250 million or greater, and employ a minimum of 100 IT employees in the U.S.

Forward-thinking companies in which IT is a critical asset use Niku solutions to maximize their return on IT. Given their recognition that IT can make a significant business contribution, it is fitting that such companies would be leading employers of top IT talent.

Joshua Pickus, president and CEO of Niku Corporation, said, "Niku congratulates our eleven customers honored yet again by Computerworld. Their journey began as a vision to see IT not merely as a budgetary line item but as a key part of the overall success of a company. These IT organizations are paving the way for a real partnership with the key operating executives within their companies."

About Niku

Niku Corporation (Nasdaq: NIKU) is the leader in IT Management and Governance (IT-MG) solutions. More than 400,000 users at industry leaders such as Armstrong, BT, Harrah's Entertainment, HBOS, GMAC Mortgage, Nissan, Philips, Royal Caribbean Cruise Lines, SingTel Optus, Textron Financial and Unilever depend on Niku software to maximize their Return on IT. Niku's Global 2000 Proven capabilities make it the leading solution for Product Development Planning and Management (PD-PM), and Professional Services Automation (PSA), in addition to IT-MG. Niku is a publicly held company with a global presence.

Niku and the Niku logo are registered trademarks of Niku Corporation. All other trademarks are the property of their respective holders.