Niku Achieves Leadership Category In New Software Evaluation METAspectrum for Project Portfolio Management.Business Editors/High-Tech Writers REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--April 9, 2003 Niku Corporation (Nasdaq:NIKU), a leading provider of enterprise portfolio management software, announced today that it has received high marks and is considered among the market leaders in META Group's recently released Project Portfolio Management METAspectrum(SM) Market Summary. The PPM METAspectrum is now available at www.Niku.com. META Group (Nasdaq:METG METG Military Effects Test Group ) is a leading provider of information technology research, advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , and strategic consulting. METAspectrum Market Summaries are IT market evaluations that help customers to understand market trends, the viability and relative leadership positions of vendors and the future direction of technology markets. This METAspectrum provides an objective assessment of software products that "coordinate, manage, and enable prioritization of project and program portfolios and related resources, linking them in a single repository with appropriate views to categorize cat·e·go·rize tr.v. cat·e·go·rized, cat·e·go·riz·ing, cat·e·go·riz·es To put into a category or categories; classify. cat , assess the value/risk of, and score current and future projects in the context of business imperatives." "To achieve excellence in this METAspectrum, vendors must score well in the key areas of technology and services (together making up 55% of the performance weight), as well as vision/strategy and channels/partners (constituting 50% of the presence weight)," stated Melinda Ballou, Senior Research Analyst at META Group and the author of this METAspectrum. "The criteria and subcriteria weightings throughout the METAspectrum are based on real-world buying factors of META Group customers." Niku 6 was positioned in the leadership segment of the METAspectrum analysis, specifically recognized for its strength in technology, services, vision, market share, and industry focus. "We are pleased that the METAspectrum report designates Niku as a leader," said Mark Moore Mark Moore (born March 10 1964, in London) is a British dance music record producer and DJ. He was founder of the pop band S'Express, and runs the London nightclub night " Electrogogo". , Niku Executive Vice President of Products and Services. "We have continued to respond to the requirements of our customers while building out our vision of enterprise portfolio management. This METAspectrum PPM evaluation validates the success we have had, and the business value our customers can continue to expect." About Niku Corporation Niku Corporation (Nasdaq:NIKU) is the leading vendor of Enterprise Portfolio Management systems. More than a quarter-million users at industry leaders like 3M, Barclays, Best Buy, Emerson, Toyota, and Unilever depend on Niku's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Niku 6, to manage mission-critical projects, programs, and initiatives. Niku 6 offers superior functionality, scalability, and architecture -- making it the leading solution for managing IT organizations, new product development, and services operations. Niku Corporation is a profitable, publicly-held company with global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. . Niku can be reached at info@niku.com, at 877/846-6458 (NIKU), and at www.niku.com. About METAspectrum METAspectrum(SM) evaluations from META Group (Nasdaq:METG) provide IT professionals with a view into critical market success factors and vendor positioning. METAspectrum, in combination with META Group's SPEX SPEX Special Licensing Examination Medtalk An examination administered to ±1500 physicians/yr who seek relicensure and/or want to practice in a different state yrs after initial licensure modules -- which provide detailed technical analysis of product features and capabilities -- delivers comprehensive evaluations of both technology markets and vendor product offerings. There are multiple market evaluations planned for release in 2002. METAspectrum evaluations are a standard component of a META Group retainer A contract between attorney and client specifying the nature of the services to be rendered and the cost of the services. Retainer also denotes the fee that the client pays when employing an attorney to act on her behalf. service subscription and are updated quarterly, biannually bi·an·nu·al adj. 1. Happening twice each year; semiannual. 2. Occurring every two years; biennial. bi·an , or annually, depending on the characteristics of individual markets. To view completed market evaluations, or learn more about the METAspectrum methodology, visit www.metagroup.com/metaspectrum. METAspectrum(SM) market evaluations and results are the sole property of META Group, Inc., and are Copyright (C) 2002 META Group, Inc. All rights reserved. Permission to use the results requires prior written approval from META Group, and should not be deemed an endorsement of any company or product. METAspectrum Disclaimer Permission to reproduce this research has been granted by META Group, Inc. Any further reproduction or redistribution re·dis·tri·bu·tion n. 1. The act or process of redistributing. 2. An economic theory or policy that advocates reducing inequalities in the distribution of wealth. of this research in any form without prior written approval is prohibited. METAspectrum is META Group's independent evaluation of a technology market, representing marketplace characteristics at a given time and are subject to change without notice. META Group's permission to reproduce this evaluation should not be deemed to be an endorsement of any company or product. META Group research is intended to be one of many information sources and decision-makers should not rely solely on the METAspectrum evaluation for making solution choices. META Group expressly disclaims all warranties, express or implied, including but not limited to fitness of this research for a particular purpose or merchantability mer·chant·a·ble adj. Suitable for buying and selling; marketable. mer  chant·a·bil .
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