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New Era of Cloud-Based Solutions and Business Intelligence

In July 2012, Adaptive Planning launched Adaptive Discovery, a breakthrough new cloud-based visual analytics solution featuring interactive data visualization and alerting and an intuitive and highly interactive way for managers across an organization to access, analyze, and explore key financial and operational data. With Adaptive Discovery, CFOs, VPs of Sales, and other business leaders can quickly and easily gain insights into the underlying trends in the business, allowing them to make more intelligent business decisions that drive greater success. In September 2012, Adaptive Planning announced the acquisition of privately-held myDIALS, the leading provider of cloud-based data visualization solutions and among the top rated BI vendors in customer service according to Gartner. With this acquisition, which provided the underlying technology for the Adaptive Discovery product, Adaptive Planning broadened the reach of its award-winning solutions beyond corporate performance management (CPM) to deliver cloud-based visual analytics and business intelligence (BI) capabilities. Now all employees can access, analyze, and explore key data from across the company, allowing them to quickly and easily visualize performance versus plans, gain new insights, understand the impact of key drivers, and take action to affect change in their business.

Industry Awards & Recognition

In addition to the Deloitte Technology Fast 500 and #1 customer satisfaction accolades, Adaptive Planning received more than a dozen other prestigious awards. Adaptive Planning President and Founder Rob Hull was awarded as "Finance Executive of the Year" and "Entrepreneur of the Year" by the Network Products Guide and "Entrepreneur/Founder of the Year" by the Golden Bridge Awards. Kevin Colgate, Senior Director of Strategic Alliances, was recognized as a "Channel Chief" by CRN. As a company, Adaptive Planning was honored as "Company of the Year," "Core Vendor of the Year," "Best New Product or Service," "Best Overall Company of the Year," and "Business Collaboration Leader."

New Senior Level Appointments

As part of its global expansion, Adaptive Planning hired several key new members to its executive team over the last year, all of whom bring deep experience in rapidly scaling successful technology companies, including:

•CFO David Pefley, with experience from KLA-Tencor and Aspect Development •VP of Global Channels & Partners Carolee Gearhart, formerly with SAP and PeopleSoft •VP of Sales in UK & Ireland Ian Preston, previously at SAP, Business Objects, and Hyperion •Managing Director in Australia Jeremy Bolton, with experience at myDIALS and Schneider Electric •VP of Business Intelligence Products, Peter Long, previously with myDIALS and Citect

About Adaptive Planning

Adaptive Planning is the worldwide leader in cloud-based business analytics solutions for companies and nonprofits of all sizes. The company's software as a service (SaaS) platform allows finance and management teams to work together to plan, monitor, report on, and analyze financial and operational performance. With capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and business intelligence, Adaptive Planning enables finance, sales, and other business leaders to make better, faster, more collaborative decisions that drive a true competitive advantage.

Adaptive Planning is used by over 1,500 organizations worldwide, from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, and Vail Resorts. The company is the 5th fastest growing software company in Silicon Valley on the Deloitte Technology Fast 500™ list; has the #1 brand in midmarket CPM; and ranks #1 in customer satisfaction in independent industry surveys. With customers and partners in 80 countries worldwide, the company has the strongest channel ecosystem in the cloud CPM space, with over 400 worldwide partners including Armanino McKenna, Intacct, IntuitiveTek, Plex Systems, SAP, and NetSuite, which offers a specialized version of Adaptive Planning as the NetSuite Financial Planning module. Adaptive Planning is headquartered in Mountain View, Calif. and is funded by Norwest Venture Partners (NVP), Royal Bank of Canada (RBC), ONSET Ventures, Monitor Ventures, and Cardinal Venture Capital.



Media Contacts:

Stephanie Evans
GlobalFluency
650-433-4163
sevans@globalfluency.com

Derek Kober
Adaptive Planning
650-810-2486
dkober@adaptiveplanning.com

Adaptive Planning
650-528-7500
www.adaptiveplanning.com