Press Releases : 2007

Enterprise Service Level Management Firm Oblicore Achieves Record Growth for First Half of 2007

Company Continues to Drive Market Leadership Via New Product Delivering Multiple Industry Firsts

CAMBRIDGE, Mass., August 6, 2007 - Oblicore, a leading provider of Service Level Management software, today announced that the company continues its global momentum with record growth for the first half of 2007. Company revenues and sales for the period - the strongest performance in its history - continues its record of expansion over the past three fiscal years. Most notably:

• Oblicore's license sales for the first half of 2007 grew 159% when compared to the same period in 2006
• License sales for the first half of 2007 were larger than the company reported for all of 2006
• Oblicore signed new customers in North America, Europe and Asia Pacific
• Signed a multi-million dollar license, the largest contract in the company's history

This impressive performance was driven by the release of Oblicore Guarantee 4.0 in January 2007. The solution features new visualization, reporting and analytics capabilities that provide enterprise and service provider customers with an enhanced understanding of the business impact of service level performance at a reduced total cost of ownership.

Oblicore Guarantee 4.0 was also well received by the analyst community and received high recognition in several published analyst reports.

• Enterprise Management Associates commended Oblicore Guarantee 4.0 "as a leading next generation asset management solution for its IT service asset lifecycle management capabilities."
• Forrester Research lauded Oblicore as a leader Business Service Management. The company earned top evaluation scores in a recent Forrester Wave report for Guarantee 4.0's performance in service catalog management and end-to-end monitoring and cost.

Additionally, in February, Oblicore was granted a U.S. Patent and a World Intellectual Property Organization Patent for its Aggregation and Correlation Engine (ACE^TM) Technology. As the foundation of Oblicore's Service Level Management solutions, ACE^TM monitors performance data against service delivery agreements and integrates event data from multiple data sources in the calculation of metrics using powerful business logic.

"We continue to be pleased by the strong market acceptance achieved by our flagship Oblicore Guarantee 4.0 solution," said Michael Carabetta, CEO of Oblicore. "Our expanding, blue-chip customer base - enterprises and service providers alike - is achieving dramatic business benefits by incorporating our Service Level Management best practice solutions into daily operations."

About Oblicore

Oblicore is the leading provider of Service Level Management software. The company's flagship product, Oblicore Guarantee^TM, automates, activates, and accelerates the monitoring, reporting, and management of all business technology service level agreements and service delivery for enterprises and service providers. An enabler of business management, Oblicore Guarantee allows organizations to understand the cost implications of service delivery agreements - in real time - for penalties, rewards, and new opportunities. For the first time, enterprises and service providers have complete visibility and can proactively manage service delivery across business and technology infrastructure from one solution.

Oblicore's software solutions are leveraged by both service providers and global 1200 enterprises, such as ABN Amro, BT, Cable & Wireless, E.ON, France Telecom, Lufthansa Systems, Siemens Medical Solutions, and T-Systems, to align their organizational performance with business objectives. Oblicore is headquartered in Cambridge, Mass., with offices across North America, Europe, and Asia Pacific. For more information, please visit http://www.oblicore.com.