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Timothy Yeaton, President and CEO of Black Duck & Seasoned Open Source Software Executive Joins Actuate’s Board

Appointment Adds Open Source Expert to Board of Directors

San Mateo, Calif. – January 24, 2011 – Actuate Corporation (NASDAQ: BIRT), The people behind BIRT® and the leading open source Business Intelligence (BI) vendor, today announced that Timothy Yeaton, an open source software and technology leader with over 30 years of management expertise has joined the Company’s Board of Directors.

“Tim is one of the most influential people in the open source software industry today,” said Pete Cittadini, CEO and president of Actuate Corporation. “By appointing him to our Board of Directors, we are adding an individual who understands the unique nuances of open source for the enterprise and shares our appreciation of how to navigate this rapidly evolving business landscape.”

“BIRT’s momentum has been impressive and it definitely caught my attention,” said Tim Yeaton. “I look forward to working closely with my fellow board members, Pete and his management team to help Actuate to maximize BIRT’s great potential.”

Since February 2009, Tim has been President and CEO of Black Duck, the leading provider of products and services for automating management, governance and the secure use of open source software in multi-source development at enterprise scale. He has over 30 years of software and technology management experience including serving as Chief Marketing Officer at EqualLogic until its $1.4B acquisition by Dell (NASDAQ: DELL) in 2008, and as Dell’s Vice President of the Nashua (N.H.) Design Center. Tim spent several years at Red Hat (NYSE: RHT), the leading provider of open source software solutions, as Senior Vice President of Worldwide Marketing & General Manager of Enterprise Products. At Red Hat, Tim was instrumental in expanding its business into the developer and middleware markets with acquisitions of JBoss and MetaMatrix, and also built go-to-market partnerships with companies including IBM, HP, Dell, Sun and several other strategic partners.

Prior to Red Hat, Tim served as CEO of Avaki, (acquired by Sybase (NYSE: SAP)), Senior Vice President & General Manager of the Server Products Division at Macromedia (NASDAQ: ADBE) and spent the early part of his career at Compaq and Digital Equipment Corporation (NYSE: HPQ) finishing as Vice President and General Manager of Compaq’s UNIX/Linux Software Division.

In addition to the Actuate Board of Directors, Tim currently sits on the Board of Directors of Black Duck, the New Hampshire High Technology Council and on the Roger Williams University Board of Trustees. He was previously on the boards of Avaki Corporation, the Open Group and the Open Software Foundation. Tim holds an M.B.A. from Babson College, and a B.S., summa cum laude, from Roger Williams University. He is also co-owner of Stonebridge Country Club in Goffstown, N.H.

In 2009 Tim was named one of the Most Influential People in the Open Source Industry, in a survey of executives conducted by Mindtouch. In 2010 he was appointed a China Open Source Software Promotion Union (COPU) Think Tank Advisor, a post which recognizes global thought leaders in open source software.

About Actuate (NASDAQ:BIRT) – The BIRT Company ™

Actuate provides software to more than 3.5 million BIRT developers and OEMs who build scalable, secure solutions that save time and improve brand experience by delivering personalized analytics and insights to over 200 million of their customers, partners and employees. Actuate founded and supports BIRT – the open source IDE – and develops BIRT iHub™ – the world-class deployment platform – to significantly improve productivity of developers working on customer facing applications. Actuate's BIRT Analytics™delivers self-service predictive analytics to enhance customer engagement using Big Data. The Actuate Customer Communications Suite™ empowers organizations to easily transform, process, personalize, archive and deliver high volume content and individualized correspondence. Actuate is headquartered in Silicon Valley with more than 5,000 enterprise customers in financial services, technology and government. Visit actuate.com and developer.actuate.com.

Copyright © 2014 Actuate Corporation. All rights reserved. Actuate, legodo, BIRT iHub, BIRT Analytics, Actuate Customer Communications Suite, The Actuate Document Accessibility Appliance, BIRT onDemand, BIRT Viewer Toolkit, and the Actuate logo are trademarks or registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. The use of the word "partner" or "partnership" does not imply a legal partnership relationship between Actuate and any other company. All other brands, names or trademarks mentioned may be trademarks of their respective owners.

Contacts:

Kate Lynch, Corporate Communications, Actuate
klynch@actuate.com +1.650.678.8658 (mobile)
Jacob Moelter, Market Street Partners
ir@actuate.com +1.415.571.4956 (mobile)