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Niku corporation forms consulting alliance with btexact technologies

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October 10, 2001 NIKU CORPORATION FORMS CONSULTING ALLIANCE WITH BTEXACT TECHNOLOGIES BTexact Technologies to provide proven technical expertise in SRM software deployment Niku Corporation (Nasdaq: NIKU) a leading provider of Services Relationship Management Solutions (SRM), today announced that it has formed an alliance with BTexact Technologies, a leading edge innovation and technology provider in the United Kingdom. BTexact has been trained and certified to implement Niku's Services Relationship Management (SRM) solutions, allowing it to help Global 2000 customers to pro-actively align people and work with changing priorities and initiatives. Niku's SRM solutions enable global organisations to run their entire business via the Internet, streamlining and automating core business processes throughout the enterprise, ensuring maximum efficiency while staying fiscally trim and productive. Interdepartmental integration eliminates overlapping and redundant administrative processes allowing an organisation to concentrate on work that matters. BTexact Technologies will team with the Niku Professional Services organisation to provide implementation services for Niku's SRM Solutions. Niku's knowledge of implementing SRM solutions within a variety of industries will be greatly enhanced by BTexact's expertise in implementing large-scale, robust networked applications, offering Global 2000 customers an effective route to comprehensive SRM solutions for their enterprise. "The relationship with BTexact Technologies is ideal for Niku's SRM enterprise software solutions. It has extensive expertise in developing and managing sophisticated technology and has a great deal of practical experience arising from implementing Niku's solutions within its own organisation. This gives BTexact intimate knowledge of enterprise-wide deployment of our software and the technical expertise to professionally implement the solution," said Gary Melia, vice president, Niku United Kingdom and Nordics. "The relationship provides a unique and complementary partnership that is of vital importance to our mutual customers and prospects." "We believe in success through alliances and this collaboration with Niku Corporation represents a winning combination of its innovative application of web-enabled software and BTexact Technology's in-depth capability in systems integration, development and project management," said Peter Thompson, director of technology consulting at BTexact. "We see the Niku solution as key strategic enabler for enhancing the customer experience and realising shareholder value. The ability to align, integrate and manage the complex inter-working of people, projects and partners will provide us with competitive advantage in the market place." Ends About Niku Niku Corporation (NASDAQ: NIKU) builds eBusiness applications for Services Relationship Management (SRM), applications that increase the efficiency of internal services at the heart of your business, by cutting costs and increasing revenues. Niku SRM solutions automate priority, project, resource, financial and knowledge management, and the relationships between them, helping companies align their internal services organisations with company priorities more effectively than ever before. About BTexact Technologies Created in April 2001, BTexact Technologies offers expertise and experience in communications technology and e-business, backed by a team of over 3000 technologists and one of the world's largest communications research and development facilities. It's a new company, with a long history. As the centre of technical expertise for the BT Group, BTexact established a record of world-first achievement and of successful delivery of projects, large and small. It has also created an intellectual property portfolio of some 14,000 patents based on almost 2000 inventions. BTexact Technologies now also provides services to companies outside the BT Group. It is headquartered at Adastral Park, at one end of the Cambridge-2-Ipswich Hi Tech Corridor, and is a founder member of the Cambridge Network. BTexact has people based worldwide - including locations across the UK and in Asia, continental Europe, and North America. BTexact's employees include many who are world leaders in their specialist fields, working at the forefront of standards development and new technologies in areas including multimedia, IP and data networks, mobile communications, network design and management, and business applications. For more information about BTexact Technologies, please go to www.btexact.com Further information About Niku Elisabet Limmergard, Product Marketing Manager, Niku Corporation, Tel: 01727 888175 or mobile: 07810 791225 Bronwyn Johnston, Niku Corporation, Tel: (001) 650-298-4681 or email: bjohnston@niku.com About BTexact Technologies David Pincott, Pirate Communications, T: 0207 760 7052, Mob: 07866 261198 or email: david@piratecomms.com Justine Manché, Pirate Communications, T: 0207 760 7053, Mob: 07811 164724 or email: justine@piratecomms.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/10/10/20011009BIT01040/bit0001.doc http://www.waymaker.net/bitonline/2001/10/10/20011009BIT01040/bit0001.pdf