For Immediate Release

PowerSteering Announces Strongest Sales Quarter Ever

Sets New Sales Record for Quarter and Year, Continues Profitable Growth

January 3, 2008

CAMBRIDGE, Mass.--PowerSteering, the only On-Demand, Enterprise PPM software used to manage Information Technology, Six Sigma, Product Development and other enterprise initiatives, today announced that its 2007 sales increased by 58% over the previous year. Fueled by the addition of several new customers and strong growth from existing customers, PowerSteering achieved record sales performance and continued profitability.

"I'm delighted by our impressive sales achievement and especially pleased to see our software chosen to manage such a broad assortment of corporate initiatives including IT Governance, New Product Development and Six Sigma," remarked Stephen Sharp, PowerSteering's Chief Executive Officer. “The scalability, adaptability and affordability of our Software-as-a-Service business model means that global organizations can easily extend the discipline of PPM across the enterprise to achieve superior business results.”

Select PowerSteering customers added in Q4 include:

Baxter: a global healthcare company with 2006 sales of $10.4 billion, and approximately 45,000 employees, Baxter applies its expertise in medical devices, pharmaceuticals and biotechnology to make a meaningful difference in patients' lives.

Bell Canada: Canada's largest communications company, providing consumers with solutions to all their communications needs, including telephone services, wireless communications, high-speed Internet, digital television and voice over IP.

Memorial Hospital: a not-for-profit, community-owned medical center, recognized nationally for overall quality, innovation and new approaches to patient satisfaction and customer services.

Newcrest Mining: the largest Australian-owned mining company and a leader in the exploration, development and operation of gold and copper mines.

Riverbed Technology: the technology and market leader in wide-area data services (WDS) solutions with over 3,000 customers worldwide

Seagate: the worldwide leader in the design, manufacture and marketing of hard disc drives, providing products for a wide-range of applications, including Enterprise, Desktop, Mobile Computing, Consumer Electronics and Branded Solutions.

About PowerSteering Software

PowerSteering Software is the leader in On-Demand Enterprise PPM software for Information Technology, Operational Excellence, New Product Development and other enterprise initiatives. Its easy-to-use software provides executives at the US Army, Raytheon, Ingersoll Rand, Merck, United Health Group, TD Bank, Washington Mutual, Seagate, Best Buy and over 120 other customers with executive visibility, strategy alignment, and enhanced team productivity to drive strategy and accelerate results across the enterprise. For additional information, please visit www.powersteeringsoftware.com

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For additional information:

Linda Duchin
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617-995-5763