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Gateway, Vantive, ShaktiSoft Choose Niku Enterprise Portal for Professional Services Organizations; Niku's Solutions Help Organizations Increase the Value of Core Assets: People and Knowledge.

REDWOOD CITY, Calif.--(BUSINESS WIRE)--June 8, 1999--

Niku(tm) Corporation, the pioneering developer of business portals for the Professional Services Automation (PSA) market, today announced that Gateway, Inc. (NYSE: GTW), the Vantive Corporation (NASDAQ: VNTV) and ShaktiSoft, Inc. have licensed its enterprise portal solutions to more effectively manage teams, projects, information and intellectual capital.

The new licensing agreements with Gateway, Vantive and ShaktiSoft underscore Niku's continued momentum and leadership in the fast emerging PSA marketplace. Chuck Phillips, Software Industry analyst and managing director, Morgan Stanley Dean Witter, cites PSA as one of the biggest opportunities in packaged software, with a potential market size upwards of $20 billion.

"Consulting organizations are looking for ways to turn their people and their experience into competitive advantage," said Anil Gupta, vice president of marketing, Niku. "At the same time, large IS organizations with multi-million dollar programs such as ERP, supply chain and Euro rollouts, have long needed an integrated software solution to manage resources, budgets, schedules and deliverables. Niku provides a platform for streamlining and improving people and knowledge processes across geographical and organizational boundaries."

Gateway, the $7.5-billion computing-solutions provider, selected Niku(tm) for Internal IT as the framework to manage their large implementation programs within its IT organization. Vantive, a worldwide leader in the customer-relationship management software market, and ShaktiSoft, an e-commerce and e-payment consulting staffing firm, both chose Niku(tm) for IT Consulting to streamline and integrate their processes within their consulting operations.

"Gateway selected Niku for its technology innovation in solving an all too familiar issue - implementing best practices and sharing knowledge on the effective management of projects." said Mike Dunne, vice president of Business Process Change at Gateway. "We believe that establishing an internal standard with Niku will allow us to take our success and turn it into an established, repeatable, measurable process."

"Vantive is very committed to customer satisfaction and we continue to invest in building a world-class services organization," said William Morton, vice president, Consulting Services for Vantive. "Niku's enterprise solution will allow us to implement best practices within our consulting organization as we continue our growth."

Niku has announced two business portals for information technology enterprises -- Niku for IT Consulting, targeted at IT consulting organizations and Niku for Internal IT, targeted at large information systems organizations. Niku for IT Consulting includes sales and marketing; resource management; engagement management; service line management, practice management and knowledge management. Niku for Internal IT includes business case analysis; resource management; project management; problem tracking and resolution; progress reports; and knowledge management. Additionally, Niku recently delivered iNiku.com, an Internet portal that allows independent consultants to run their business -- from managing projects to marketing and client relationship management -- on the Web.

About Gateway

Gateway (NYSE: GTW), a Fortune 250 company founded in 1985, focuses on building lifelong relationships with consumers and businesses through complete technology personalization. Gateway ranked number one in U.S. consumer desktop PC sales in the first quarter of 19991. Gateway's 19,000 employees worldwide serve clients with services and built-to-order computers that consistently win top awards from leading industry publications. Gateway had total global revenue of $7.5 billion in 1998 and shipped 3.54 million systems. For more information, visit Gateway's Web site at www.gateway.com.

About The Vantive Corporation

Vantive (NASDAQ: VNTV) is a worldwide leader in customer-relationship management solutions with more than 800 customers and $163 million in revenue in 1998. Vantive empowers companies to sell, support and service customers through any channel of interaction-the web, call centers, e-mail or direct, through sales and service representatives. The Vantive Enterprise is an integrated software suite that leverages the Internet to increase sales, marketing, call centers, field service, help desks and web-service effectiveness. Founded in 1990, Vantive is headquartered in Santa Clara, CA, and distributes its products in more than two dozen countries. For more information, contact the Vantive Corporation at 800-VANTIVE or visit www.vantive.com

About ShaktiSoft, Inc.

ShaktiSoft was founded in 1996 with the mission to provide e-commerce and contract staffing services. ShaktiSoft specializes in assisting its clients manage their technical resource needs by providing highly experienced and skilled software professionals in a timely manner. ShaktiSoft employs and retains consultants with graduate or post-graduate degrees in engineering or computer science and with at least three years of experience in their specific technical area of core competency. This allows ShaktiSoft to help its clients contract staffing projects at various stages of the software development life-cycle. ShaktiSoft has successfully helped its clients with e-commerce consulting by putting their products and services on the World Wide Web and conducting e-commerce with ease, security, low-investment and elegance.

About Niku Corporation

Niku Corporation, the pioneering developer of Professional Services Automation (PSA) software solutions, provides products to automate core processes that underlay the design and delivery of professional services. Niku offers two categories of products: enterprise applications designed for the PSA market - its first two products being Niku for IT Consulting and Niku for Internal IT; and a destination portal, iNiku.com (www.iniku.com), designed for small consulting operations and individual professionals. Enterprise customers include Sybase, Inc., the Vantive Corporation and SE Technologies. Niku Corporation is privately held and has received funding from Venrock Associates, its founders and many industry leaders in the high-technology space. Niku can be found on the web at www.niku.com.

Niku, the Niku logo, iNiku and iNiku.com are trademarks of Niku Corporation in the United States and other countries. Any other product brand names used are property of their respective owners.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 8, 1999
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