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Niku Announces Customer VIP Award Winners at 2004 Global User Conference.

REDWOOD CITY, Calif. -- Customers recognized for their leadership in Vision, Implementation, and Progress in IT Management and Governance

Niku Corporation (Nasdaq:NIKU), the global leader in IT Management and Governance (IT-MG) solutions, today announced the recipients of its customer VIP Awards, presented at the Niku 2004 Global User Conference, held this week in San Francisco. The awards honor Niku customers that have achieved exceptional value across their respective organizations as a result of implementing Niku's solutions for IT-MG.

"Niku is pleased to recognize these customers for their outstanding IT-MG accomplishments," said Josh Pickus, Niku's CEO. "Each of these customers displays a fundamental appreciation for the alignment of IT and business objectives, as well as the important role that Clarity from Niku plays in successfully implementing their strategies."

Three Niku VIP Awards were presented at Niku 2004, each honoring a different area of excellence: Vision, Implementation, and Progress.

Vision Award: Quest Diagnostics, www.questdiagnostics.com

The Vision Award was presented to Quest Diagnostics, whose Clarity implementation exemplifies how an outstanding IT organization creates and communicates a clear vision about how IT supports overall enterprise success. Quest Diagnostics is a recognized leader in developing information technology solutions that provide physicians and patients online access to needed healthcare information.

Impact Award: Harrah's Entertainment, www.harrahs.com

The Impact Award, presented to Harrah's Entertainment, recognizes demonstrable results from IT-MG processes, especially in terms of financial benefits, quality, and customer satisfaction. Harrah's exemplifies how high impact IT-MG results in material benefits for the business. Harrah's uses Clarity to drive a "synchronized" approach to aligning IT with business strategy, which includes creating a range of business metrics and feedback loops to assess the actual return on IT investments.

Progress Award: Manpower, www.manpower.com

The Progress Award, presented to Manpower, recognizes the company for its world-class IT-MG roll-out in record time. Manpower is using Clarity as part of a broader IT governance program aimed at improving the consistent and efficient delivery of IT solutions to the company's global business operations. Its initial deployment - complete in less than 100 days - delivered Clarity to more than 1,000 users in the United States, Europe, Japan, and Latin America, running simultaneously in a variety of languages.

Clarity, Niku's flagship software suite for IT-MG, enables Niku customers to inventory all current and proposed IT initiatives, then segment the portfolio by business unit, product, lifecycle stage, or corporate strategy to bring the alignment of IT and business objectives full circle. The software also provides users with powerful tools for managing delivery and execution of portfolio plans and for the assessment of results, ensuring that investments are truly delivering the value expected.

About Niku's Global User Conference

Now in its third day, the Niku 2004 Global User Conference was designed for all levels of a Niku customer organization - IT leadership, product development, portfolio managers, PMO members, resource managers, project owners, consultants, and administrative users, as well as CIOs and CFOs. Hundreds of Niku customers are participating in a wide variety of keynote addresses and more than 30 breakout sessions covering topics ranging from the next release of Clarity to best practices.

About Niku

Niku Corporation (Nasdaq:NIKU) is the global leader in IT Management and Governance (IT-MG) software solutions. More than 400,000 users at industry leaders such as Avon, BT, Cesky Mobile, Columbia House, Harrah's Entertainment, HSBC, Kas Bank, Manpower, Mueller Milch, Nissan, Philips, Royal Caribbean Cruise Lines, SingTel Optus, Skandia UK Group, and Unilever depend on Niku software to maximize their "Return on IT." Niku is a publicly held company with a global presence. For more information, contact info@niku.com or visit www.niku.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 29, 2004
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