Company Placed in the Leaders Quadrant Based on Ability to Execute and Completeness of Vision

PHILADELPHIA, June 20 /PRNewswire/ -- Primavera Systems, Inc., announced today that Gartner, Inc., has positioned the company in the Leaders Quadrant in its 2008 Gartner Magic Quadrant for IT Project and Portfolio Management. Primavera provides project, portfolio and resource management solutions that are tailored to meet the needs of project-driven organizations in specific vertical markets, including enterprise IT.

"As businesses deal with tight budgets and concerns over the economy, our customers use Primavera to ensure that they choose the projects and initiatives with the highest payback to the business," said Joel Koppelman, CEO of Primavera. "We believe Primavera's position in the Leaders quadrant reflects their success and our commitment to delivering end-to-end project portfolio management solutions."

"PPM solutions, as we have observed them, support processes integrating knowledge about costs, schedules and HR, for investment prioritization and to ensure the effective release of new deliverables, as well as to control investment in ongoing operations," wrote Matt Light, research vice president, and Daniel Stang, principal analyst, in the Magic Quadrant for IT Project and Portfolio Management. "This view of the portfolio management dimension goes beyond integrating information from the various areas of a single project. It includes a view of alternative investment scenarios, alignment of strategic programs, support for business case creation and more."

About the Magic Quadrant

The Magic Quadrant is copyrighted 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Primavera

Primavera is a software company that provides business solutions for a project-driven world. The company helps organizations identify which projects are most important, and makes it easy for people to work collaboratively on those projects to deliver them successfully. Primavera solutions are industry-specific and highly scalable, with the power to support global enterprises. Projects collectively worth more than $6 trillion have been completed using Primavera. For more information, visit http://www.primavera.com or call +1.800.423.0245.

Primavera and the Primavera sundial logo are either trademarks, services marks or registered trademarks of Primavera in the United States and/or other countries. All other trademarks mentioned herein are the property of their respective owners.

    For more information, contact:

    Kelly Henry                 Jeff Miller
    Primavera Systems, Inc.     Davies Murphy Group
    610-949-6905                541-207-3461
    khenry@primavera.com        jmiller@daviesmurphy.com
    
www.primavera.com    http://www.daviesmurphy.com

Web site: http://www.primavera.com/