Press Release

Seattle, Wash. — March 16, 2009 — Daptiv, the on-demand leader in collaborative business software, announced today that it has been named a winner of the THINKstrategies, Inc. Best of SaaS Showplace Award. This award is aimed at promoting the measurable business benefits being delivered by today's Software-as-a-Service (SaaS) solutions and affirms Daptiv’s place as an influencer in this space.

A leading SaaS collaboration and project portfolio management software provider, Daptiv’s PPM solution has been implemented by companies like Chase Paymentech, a global payments firm and the world's largest merchant acquirer. Chase Paymentech implemented Daptiv PPM in 2006 and has since measured tactical business return among employees with 30-40 percent increased productivity.

The Best of SaaS Showplace Award recognizes the success of Chase Paymentech’s implementation of Daptiv PPM and reaffirms a recent study that revealed Daptiv PPM’s ROI of less than two months. Additionally, Daptiv’s “Subscribe-to-Live” implementation program measures the average deployment period as less than 30 days. Built from the ground up on a SaaS technology platform, Daptiv solutions capitalize on the unique delivery method to offer an affordable and easy way for teams to collaborate on day-to-day work and ensure that it is in line with organizational objectives. SaaS solutions like Daptiv are recognized by the Best of SaaS Showplace Award for providing quick implementation time and rapid, measurable business return.

“Receiving the BoSS Award validates our dedication to using SaaS technology to help companies and teams to work smarter and more efficiently,” stated Jeff Pancottine, CEO of Daptiv. “Chase Paymentech is a great example of a customer that is getting measurable value from using Daptiv. Since its inception in 1997, Daptiv has delivered Software-as-a-Service to help companies foster collaboration throughout their organizations and drive better business results.”

The Best of SaaS Showplace Awards program was announced in January 2009 as the latest initiative by THINKstrategies to bring attention to SaaS and cloud computing companies that are producing tangible business benefits for specific user organizations. These benefits include increased sales, lower costs, higher customer satisfaction, faster operations, and greater profitability. More information on the Best of SaaS Showplace Awards can be found at www.saas-showplace.com.