Synygy Achieves Milestone: 11 Years of Continuous Growth; Quarter ending December 2002 was 43rd consecutive quarter of profitable, quarter-over-quarter revenue growth.

Business Editors/High-Tech Writers

CONSHOCKEN, Pa.--(BUSINESS WIRE)--Jan. 14, 2003

Synygy Inc., the largest and most successful provider of Enterprise Incentive Management (EIM) software, today announced its 43rd consecutive quarter of profitable revenue growth.

2002 was Synygy's eleventh straight year of continuous growth and profitability.

Synygy's profitable revenue growth is in contrast to the results seen by the larger enterprise software companies. Revenue for Oracle Corp. (Nasdaq:ORCL) is down seven percent this year, revenue for PeopleSoft Inc. (Nasdaq:PSFT) is down nine percent, and that for Siebel Systems Inc. (Nasdaq:SEBL) is down 22 percent.

"2002 was a significant year for Synygy in many ways," said Mark A. Stiffler, president and CEO of Synygy. "We acquired many new clients, expanded business with our existing clients, completed installations of our new 100-percent Web-based software, and significantly expanded our product line. While 2002 was a strong year for us, our investments in software development and sales are beginning to pay off, and we expect that 2003 will be even more impressive."

In September, Synygy announced an expanded product strategy that repositioned the company, with a focus on helping clients define performance, reward success, and deliver results throughout their organizations.

The announcement coupled the award-winning Synygy EIM software with two new easy-to-implement products lines: Synygy Enterprise Performance Management (EPM) and Synygy Sales Performance Management (SPM).

"Performance-driven organizations are looking to improve sales force effectiveness and increase workforce productivity," continued Stiffler. "Synygy's newest web-based performance management software for linking quotas, objectives, performance, pay, and real-time metrics and analytics will propel our growth in 2003 and help our clients drive revenue, reduce costs, and become more profitable."

Synygy's major accomplishments in 2002 include:

-- quadrupling Synygy's software development organization, including rollout and significant expansion of our software development resources in Romania

-- releasing the first fully-featured, entirely web-based EIM solution built on the J2EE platform

-- proving a 173 percent annual internal rate of return on an investment in Synygy EIM over three years (based on a Total Economic Impact study by GIGA Information Group)

-- implementing a rapid, team-based software development methodology that has resulted in Synygy's ability to deliver new production versions of our software every month

-- realizing the benefits of a $1 million investment in software development and testing solutions from Mercury Interactive Corp. (Nasdaq:MERQ), Parasoft Corp., and Borland Software Corp. (Nasdaq:BORL)

-- winning a 2002 Crossroads A-List Award for Synygy EIM software

-- leveraging our decade of quotas, objectives, and analytics experience to launch our new web-based SPM and EPM product lines

-- completing Synygy's first acquisition, with technology from IncenSoft LLC helping to accelerate expansion of Synygy's EPM product line

-- delivering comprehensive, out-of-the-box solutions to the financial services industry, the first of a series of vertical market initiatives

-- expanding the sell-out Synygy Incentive Compensation Conference to twice per year

-- growing and deepening relationships with strategic partners

-- recruiting new sales leadership and expanding the sales organization

-- increasing the frequency and number of Synygy University courses and tripling attendance

-- receiving the Inc. 500 Hall of Fame Award for being one of the fastest growing privately-held companies in the United States for five years in a row

-- being named the only company on the Philly 100 list of fastest growing companies for eight years

-- completing our 43rd consecutive quarter of profitable revenue growth

-- maintaining a rating of "excellence" in our quarterly customer satisfaction surveys and building on our reputation for doing whatever it takes to satisfy our clients

About Synygy

Synygy Inc. is the largest and most successful provider of Enterprise Incentive Management software and services.

Synygy's solutions, which include Enterprise Incentive Management (EIM), Sales Performance Management (SPM), and Enterprise Performance Management (EPM), align the behaviors of salespeople, employees, executives, partners, brokers, suppliers, and customers by helping companies define performance, reward success, and deliver results.

Synygy EIM software recently won Open Systems Advisors' prestigious Crossroads 2002 A-List Award. Based in suburban Philadelphia, Synygy's success and sustained growth were recently recognized when Synygy was named to the Inc. 500 Hall of Fame, reflecting Synygy's fifth consecutive inclusion on the Inc. 500. For more information on Synygy, visit www.synygy.com.

Synygy is a registered trademark and Synygy Enterprise Incentive Management, Synygy EIM, Synygy Enterprise Performance Management, Synygy EPM, Synygy Sales Performance Management, Synygy SPM, and "Performance Defined. Results Delivered." are trademarks of Synygy, Inc. All other trademarks are trademarks or registered trademarks of their respective owners.