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Press Release

For Immediate Release

PowerSteering Software Announces PowerSteering Enterprise To Drive Greater Black Belt Productivity

Industry Leader's 75,000 Active Users Contribute Ideas on Over 50 New Features in the Flagship Solution

August 5, 2005

PowerSteering Software, Inc., the leading provider of OnDemand program management solutions for Lean, Six Sigma and other Operational Excellence initiatives, today announced the introduction of PowerSteering Enterprise, now with expanded team productivity, ease-of-use and executive reporting capabilities.

The company drew on feedback from many of its 75,000 active users at prominent customers, including EMC, IBM, Raytheon, Textron and Tyco, for this major new release, cementing its position as the preeminent Six Sigma software solution on the market. The enhancements were generated directly from PowerSteering's "Voice of the Customer" Program that solicits regular feedback from the company's customers, the world's most advanced and demanding Six Sigma practitioners.

"PowerSteering's new release will not only help increase our Six Sigma project productivity, but also provide more value to our project owners and, ultimately, our customers," said John Kozak, Rexam Beverage Can North America VP of Lean Enterprise - Six Sigma. "The expanded template flexibility, improved navigation features and numerous enhancements to document and project control have made a strong offering even better. Their willingness to translate customer feedback into leading edge tools to help facilitate business improvements and savings has made them an important business partner. As we prepare to roll-out and standardize best practices throughout our corporation, PowerSteering will be at the forefront of our efforts to deliver exceptional customer value."

PowerSteering's highly collaborative customer relationships provide input crucial to the company's product roadmap. Recent customer suggestions have resulted in PowerSteering's most significant new product release to date with more than 50 enhancements improving productivity, ease-of-use and portfolio visibility. No other Six Sigma software solution on the market packages the deep domain knowledge of world-class Six Sigma practitioners in an intuitive, flexible and powerful software that provides visibility into crucial strategic programs.

"Our longstanding Six Sigma expertise and history is a key advantage for us and separates PowerSteering from all other Six Sigma software companies," said David Boghossian, founder of PowerSteering. "Our company began by working with established Six Sigma users like Tyco to develop a software solution that would tie results to financial outcome. That spirit of partnership was built into the framework of the company and is directly responsible for the success of our products. With the guidance of power users at more than 60 global companies like Pitney Bowes, Brunswick and Raytheon, PowerSteering Enterprise was built by - and for - serious Six Sigma users."

New Features and Benefits

Ease of Use

Role-Based GUI - Provides greater customization allowing users to display only the menus they want

Portfolio Review - Consolidates all financial information for quick and convenient editing

Team Productivity

• Enhanced Reporting - Enables users to more efficiently and effectively generate reports with one-click PowerPoint generation, and regular automated report deliveries

• Project Management - Allows users to easily import data from Excel and MS Project, conduct full text searches, and view or "clone" existing projects to leverage prior work and save time

• Portfolio Visibility - Users gain critical insight into projects with a comprehensive dashboard containing "stoplight" indicators for tracking project schedules, cycle time and status reports, and a streamlined gate approval process with advanced document management capabilities