Press Release

CollabNet extends SaaS leadership by addressing essential reliability and security requirements of global enterprise customers

New Deployment Services and SAS70 Certification Cater to Global Software Development Organizations that are Embracing SaaS to Gain Strategic Business Advantages

BRISBANE, Calif., Sep 26, 2006 — CollabNet, a leading provider of on-demand collaborative software development solutions, today introduced its premium deployment services that help enterprise organizations meet and exceed the stringent security, service level and compliance requirements for on-demand software solutions. Touching the core intellectual property of many Fortune 500 companies, CollabNet's on demand software development environment is designed for implementation within days to help global organizations harness disparate resources from anywhere in the world using collaboration and delivery best practices pioneered by open source software communities.

"The world is changing and SaaS is evolving into more than just a mid-market cost reduction strategy. Global enterprises are now benefiting from efficiency and innovation benefits associated with on-demand offerings, ushering in the next generation of SaaS," said Nick Bonfiglio, CollabNet's worldwide vice president of operations. "For over seven years, CollabNet has securely provisioned sensitive software assets and development IP over the Internet for thousands of developers in hundreds of companies around the globe. Our customers are successful because CollabNet's on-demand development solutions allow them to develop code in a frictionless manner with technology partners, off-shore development services and the best development talent across the world to deliver innovative products faster."

CollabNet is providing several premium high-value services and safeguards that larger enterprises are accustomed to when intellectual property such as software assets, code samples, and business critical software is involved. These services include:

• Active Disaster Recovery (ActiveDR) offers customer tailored business continuity for disaster recovery by providing geographical data replication with service restoration in as little as two hours in the event of a disaster. ActiveDR customers enjoy a completely duplicated environment at a CollabNet disaster recovery center that allows for fast and flawless restoration of all services.
• Virtual Private Disk (VPD) provides government-grade encryption for all stored assets. VPD is being used by large financial institutions that require high-level security for sensitive and mission-critical data. Financial institutions are considered as having the highest level of security of managed code assets.
• CollabNet SAS70 certification was validated by Grant Thornton, one of the world's largest accounting organizations providing Sarbanes-Oxley expertise. The SAS70 auditing standard for service organizations ensures that CollabNet's customers meet Sarbanes-Oxley and any other regulatory requirements when deploying CollabNet solutions.

CollabNet's distributed software development solution is being delivered on-demand to customers whose global development teams are able to collaborate seamlessly and effectively over the Web to improve the overall quality and success of software projects. These customers enjoy benefits associated with the SaaS delivery model such as high value, low cost, fast project ramp-up and time-to-market, easy implementation and scalability, without having to compromise corporate requirements for high security, reliability and data privacy.

"In order to be effective and successful, companies delivering SaaS solutions must provide the same level of security, maintenance, performance and up-time as conventional software hosted within an enterprise," said Melinda-Carol Ballou, program director for Application Life Cycle Management at IDC, a global research and advisory services company headquartered in Framingham, Mass. "Companies that have proven over the years that they can meet and exceed the security and reliability demands that enterprise customers place on SaaS vendors are in the best position to provide business-essential services and on-demand support for enterprise assets."

About CollabNet

CollabNet is a widely used on-demand collaborative development environment across the world with more than 800,000 developers and IT projects managers collaborating on-line through CollabNet. The company is transforming the way software is being developed by enabling organizations to leverage global development talents to deliver better products and innovate faster.

Using CollabNet Enterprise Edition, project members can work as one team throughout the lifecycle of a project, regardless of their location. Unlike traditional software development tools, CollabNet supports globally distributed teams in a cost-effective way, yielding unprecedented annual savings through reduced development infrastructure costs, increased productivity, improved project visibility and shared access to software assets. Founded upon open source principles, CollabNet is also the primary sponsor of the Subversion™ open source project, the next-generation version control system.

Over 91 global companies have chosen CollabNet as the foundation for their collaborative development, off-shoring, open source, and partner co-development efforts. CollabNet has been recognized for its leadership with 10 major industry awards in 2006 including the Red Herring and Always On TOP 100 Awards, and the SIIA Codie Award. Visit CollabNet at http://www.collab.net or get more information about Subversion at www.collab.net/subversion.

CollabNet is a registered trademark of CollabNet, Inc. or its affiliated companies. All other company and product names are trademarks of their respective owners.