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Actuate Partner ReportSoft Named Finalist in European Software Excellence Awards

Major Customer Deployment at DNB Finans, a Division of Norway's Largest Financial Services Group, Shortlisted in Business Intelligence Category

San Mateo, Calif., February 6, 2012 – Actuate Corporation (NASDAQ: BIRT), The people behind BIRT® and the leading open source Business Intelligence (BI) vendor, today announced that ReportSoft, an Actuate partner in Belgium, Denmark, Luxemburg, the Netherlands, Norway and Sweden, has been named a finalist in this year’s prestigious IT Europa European Software Excellence Awards. Its successful nomination is based on a major business intelligence deployment at DNB Finans, a division of Norway’s largest financial services group.

The IT Europa European Software Excellence Awards, now in its fourth year, is the premier event in the European calendar. It recognises the excellence of solutions provided by the European software community. ReportSoft is a finalist in the Information Management: Business Intelligence category, which looks for exceptional applications deployed for customers by independent software vendors (ISVs). The European Software Excellence Awards are the only pan-European awards to recognise real-world software solutions as well as channel partnerships.

ReportSoft’s business intelligence (BI) solution for DNB Finans caters for 30,000 leased car customers. It includes individual dashboards for all users, and controls for fraud detection and easy administration of the car fleets. The ability to provide real-time statistics to help customers keep tabs on car-related costs gives DNB Finans a new differentiator in a highly competitive market. The solution was built with high-performing reporting server technology from Actuate, based on the Open Source BIRT development environment and Actuate’s commercial BIRT 360 dashboard.

Commenting on the announcement, David Armstrong, Vice President of OEM and SaaS Business Actuate, said, “We are thrilled that ReportSoft have been recognised in this way, and hope they go on to win the award which would be well deserved. ReportSoft is a dedicated Actuate partner whose knowledge of our technology and specific products runs deep, so it comes as no surprise to learn that this ambitious project with a prestigious customer such as DNB Finans has impressed the judges.”

Learning the news, Bent Agervold Jensen, CEO of ReportSoft, added, “We are delighted and honoured to be a finalist in these important awards, and would not be in this position if it wasn’t for the superior power, flexibility and simplicity of the Actuate BI and reporting technology suite.”

The winners will be named at a gala awards dinner on March 1st at The Grand Hyatt, Berlin. For more information, visit http://www.iteawards-software.com/.

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.

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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)