PeopleSoft Named ``Hottest Company'' by Start Magazine for Third Consecutive Year.

PLEASANTON, Calif. -- Leading Manufacturing Publication Recognizes PeopleSoft's Thought Leadership and Product Excellence in Demand-Driven Manufacturing

PeopleSoft, Inc. (Nasdaq:PSFT) today announced it has been named to Start Magazine's "Hottest Company" listing for the third consecutive year. Start Magazine, a leading manufacturing publication, acknowledged PeopleSoft for its demand-driven manufacturing vision, product excellence and commitment to helping manufacturers improve profitability through a demand-driven approach.

"This has been an important year for PeopleSoft, as the company unveiled its demand-driven vision and introduced new, innovative products to support that vision," said Peggy Smedley, editorial director and publisher, Start Magazine. "Just as the manufacturing industry is starting to rejuvenate, PeopleSoft's timing could not be better. Manufacturers are eager to capitalize on the growing industry momentum."

In February 2004, PeopleSoft unveiled its demand-driven manufacturing vision -- the ability to deliver any product, in any configuration, at any quantity to meet customer demand at significantly lower costs to the manufacturer, while driving the highest levels of profitability. In May 2004, PeopleSoft became the first enterprise application company to deliver a complete demand-driven manufacturing solution -- from customer demand, to supply chain planning, to manufacturing planning and production, to in-bound supply -- all operating in real-time. PeopleSoft also announced the next generation of Lean Manufacturing, PeopleSoft Demand Flow(R) Manufacturing, based on patented intellectual property licensed exclusively to PeopleSoft by JCIT International.

"Manufacturers around the world are caught in a crossfire between increasing customer demands, mounting global competition, and financially strapped suppliers," said Andy Carlson, vice president of product marketing, PeopleSoft Manufacturing and Supply Chain Management. "This volatile business environment has required a significant change in the way manufacturers operate. PeopleSoft's demand-driven manufacturing solutions enable companies to align their vision, business processes, and technology in order successfully transform into demand-driven enterprises. We are honored to be recognized by Start Magazine for our innovation and leadership in Manufacturing."

About PeopleSoft Inc.

PeopleSoft (Nasdaq:PSFT) is the world's second largest provider of enterprise application software with 12,200 customers in more than 25 industries and 150 countries. For more information, visit us at www.peoplesoft.com.

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