Actuate Performancesoft Track Provides Missing Link between Performance Metrics and Activities

Track Focuses Front-line Employees by Linking Their Daily Activities to Performance Metrics Critical to Organizational Success


Toronto – July 31, 2006 – Performancesoft Inc., a division of Actuate Corporation (NASDAQ: ACTU), and a leading provider of Performance Management solutions, announced today the general availability of Actuate Performancesoft Track, a breakthrough Activity Management solution that can support the monitoring and management of virtually any type of initiative, program, plan or activity. The product allows users to go beyond the mere identification of a poorly performing metric to initiation of activities that improve performance. In addition to providing metrics-based visibility into activities, Performancesoft Track allows organizations to harvest and share best practices; deliver expected results to stakeholders; increase efficiency and enhance transparency organization-wide.

Until now, organizations’ Activity Management options to initiate and track activities to improve performance have been limited to either desktop applications, such as spreadsheets, complex Project Management tools or simple Activity Management solutions.  Standalone spreadsheets are not designed for Activity Management and do not meet enterprise level requirements for scalability, auditability, security, collaboration and transparency. Meanwhile, complex Project Management tools require specialized training and are not accessible to most potential users and simple Activity Management add-ons to Performance Management applications provide only schedule-based tracking of initiatives. Actuate Performancesoft Track is a breakthrough Performance Management product that combines the powerful Activity Management features that organizations are now demanding with the browser based simplicity that users expect.

Actuate Performancesoft Track is suitable for managing highly complex strategic plans at various levels of an organization, quality improvement programs such as Six Sigma, team projects or simple task tracking for individuals. Based on extensive research involving a wide range of users, Performancesoft Track contains user customizable templates for defining complex sets of activities, a sophisticated security model and powerful filtering and reporting capabilities.

"The combination of Actuate Performancesoft Views and Actuate Performancesoft Track provides a powerful package to visualize and take action on performance metrics associated with a company's strategy,” said Kim Collins, director, Data Solutions at CLG. “Actuate Performancesoft Views assists in pinpointing KPI's/metrics that require attention, as well as management intervention. For CLG, Actuate Performancesoft Track will provide a tool to assist in monitoring and guiding behavior changes that help improve performance and rapidly achieve stated business goals. The ability for both tools to connect the highest levels of an organization with the front-line performers adds the critical, and often times missing, component of organizational alignment."

“To successfully manage activities, organizations require a solution that is easy enough to use everyday, presents activities in the context of performance metrics and provides visibility for all stakeholders into their status, progress and results,” said Mike Tipping, president & CEO, Performancesoft Inc. “Actuate Performancesoft Track is the first application to truly empower executives, management teams and all individuals with the control, insight and collaborative tools they need to manage the activities that drive organizational performance forward.”

New Addition to the Actuate Performancesoft Suite

Performancesoft Track is the latest offering in the Actuate Performancesoft Suite, geared towards the application of real-world Performance Management. Performancesoft Track has been designed so that it can easily enhance the highly successful Performance Management solution, Performancesoft Views, by providing a powerful solution for tracking performance improvement initiatives or projects through to completion. Equally, Performancesoft Track can be used as a standalone solution to provide a comprehensive view of the various aspects of performance at all levels within an organization.

Actuate Performancesoft Track Availability

Performancesoft Track is available from July 31st, 2006.

About Performancesoft Inc.

Performancesoft Inc., a division of Actuate Corporation, helps high performing organizations drive strategy at all levels, improve decision making and ensure better operational performance and execution. Organizations have benefited from Performancesoft solutions to achieve better results utilizing a number of private and public sector Performance Management frameworks, including but not limited to the Balanced Scorecard, Malcolm Baldrige, Six Sigma, JCAHO and The President’s Management Agenda. Performancesoft’s unique offering of leading edge software, rapid time to value and Performance Management Thought Leadership makes it the solution of choice for today’s performance driven organizations, which include Wachovia, Motorola, GlaxoSmithKline, Bombardier, Federal Aviation Administration and many more. For more information, visit: www.performancesoft.com.

Actuate - the people behind BIRT

Actuate founded and continues to co-lead the Eclipse BIRT open source project. BIRT is the premier development environment for Rich Information Applications that present structured data and content in compelling and interactive ways via the web on any device. Actuate and its people are dedicated to making BIRT the best environment for our customers to develop Web 2.0 applications that drive revenue through higher customer satisfaction/loyalty and improve operational performance. The people of Actuate continually participate in and provide resources for the vibrant open source community that has emerged around BIRT. Anybody can participate in the BIRT movement by visiting www.birt-exchange.com.

Actuate offers value-add BIRT products and services that speed the development process and bring additional functionality such as, interactivity, content transformation and enterprise scalability to BIRT-based Rich Information Applications. Actuate has over 4,500 customers globally in a diverse range of business areas including financial services and the public sector. Founded in 1993, Actuate is headquartered in San Mateo, California, with offices worldwide. Actuate is listed on NASDAQ under the symbol ACTU. For more information, visit the company's web site at www.actuate.com.

Copyright © 2010 Actuate Corporation. All rights reserved. Actuate and the Actuate logo are registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. All other brands, names or trademarks mentioned may be trademarks of their respective owners.