For Immediate Release PowerSteering Software Achieves Record Sales Numerous Customer Wins Drive 97% Sales Increase and Profitability October 2, 2006 PowerSteering, the market leader in On-Demand Enterprise Performance Improvement solutions, today announced the addition of 7 new customers during the fiscal third quarter of 2006. Strong new customer acquisition, coupled with continuing and expanded relationships with existing customers, drove 97% sales growth and profitability. PowerSteering's continued market momentum included highly competitive wins at Boots, Hitachi, Molex, Nortel, Petronas, Tyco, and the U.S. Air Force. PowerSteering also expanded its existing relationships at BayCare, Dominion, Falconbridge, TD Bank, Navigant, North Carolina Baptist Hospital, National Semiconductor, and the U.S. Navy, and continued its 100% renewal rate for its subscription customers. These achievements validate PowerSteering as the clear Performance Improvement market leader, measured in terms of customer satisfaction, retention, referenceability and total market share. "This is a significant milestone for PowerSteering and I am extremely proud of our performance. It's especially noteworthy because each of our customers conducts a comprehensive competitive evaluation process, and consistently determines that PowerSteering is critical to the effective execution of their Performance Improvement strategies," observed Stephen Sharp, PowerSteering Chief Executive Officer. PowerSteering also recently hosted its annual user conference, which brought together executives from Textron, US Army, US Navy, National Semiconductor, Merck, SFR, Pitney Bowes, Brunswick, and many other companies at the forefront of their industries. "We're very fortunate to have so much hands-on involvement with our customers and pleased to spearhead an exchange of best practices around their use of PowerSteering to implement their strategic initiatives," remarked Ray Felts, Senior Vice President of Client Services, PowerSteering. About PowerSteering SoftwarePowerSteering 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 # # # For additional information: Linda Duchin
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