Adaptive Planning Express Edition 3.0 Released

  http://www.adaptiveplanning.com/company_press_120406.shtml
   
   
   
   
  Adaptive Planning Express Edition 3.0 Released as Open Source Momentum
Accelerates
  New Version of Top-Ranking Business Performance Management Application Now
Available via Free Download from SourceForge
   
  Mountain View, Calif.—December 4, 2006—Adaptive Planning, the leader in
collaborative business performance management (BPM) solutions and the
world’s first open source BPM provider, today announced the release of
Adaptive Planning Express Edition Version 3.0.  The latest version of
Adaptive Planning’s open source budgeting and forecasting application, which
is available via free download from SourceForge, offers new features and
enhancements that improve performance and ease-of-use. This release supports
the accelerating interest in Adaptive Planning Express Edition, which has
rapidly climbed into the top 50 projects on SourceForge.  
   
              Adaptive Planning Express Edition delivers a full set of
capabilities for collaborative budgeting and forecasting. Featuring
improvements in global navigation, formula management, data administration,
and performance, Version 3.0 provides business users in Finance and other
departments with a no-fee enterprise solution that makes it easier than ever
before to move beyond spreadsheets for managing budgeting and ongoing
re-forecasting and analysis. The application features a simple “one-click”
approach to download and installation, and can easily be configured to
support groups ranging in size from small teams, to departments, to entire
companies. 
   
  Adaptive Planning’s open source BPM application has generated significant
interest and activity since initial release in August of this year.  In less
than four months, Adaptive Planning Express Edition has become one of the top
50 projects—out of 135,000—on SourceForge, the world’s largest open source
software development web site.  Additionally, Express Edition is #1 in both
the Spreadsheets and OLAP categories, as well as in the top 10 in Accounting,
Financial, and Enterprise categories.   The project has produced over 6,000
downloads from 60 countries since inception.          
   
  “We continue to be extremely pleased with the community’s strong adoption
of our open source budgeting and forecasting solution,” said William A.
Soward, chief executive officer, Adaptive Planning.  “Our top rankings at
SourceForge demonstrate profound interest in open source business
intelligence and BPM solutions, and more broadly in open source alternatives
to enterprise applications of all types. Adaptive Planning will continue to
develop and make available new open source features as we deliver on our
mission of providing unprecedented value to mid-market companies and
divisions of large corporations.”  
   
  In addition to the open source Express Edition, Adaptive Planning also
offers two commercial solutions, Corporate Edition and Enterprise Edition.
Users of Adaptive Planning Express Edition can easily upgrade to a commercial
edition in order to access enhanced features for budgeting, forecasting,
reporting and analysis, or to take advantage of expanded support and
indemnification.  The commercial editions are available for an affordable
annual subscription fee, and can be deployed both on-demand and on-premises.
   
  Pricing and Availability
              Adaptive Planning Express Edition 3.0 is immediately available,
free of charge, via download from www.sourceforge.net/projects/adaptiveplan.
   
  About Adaptive Planning
  Adaptive Planning is the leading provider of collaborative business
performance management (BPM) solutions. Adaptive Planning makes it easy for
midsize companies and departments of larger corporations to improve
performance by moving beyond spreadsheets to automate budgeting, forecasting,
reporting and analysis. Adaptive Planning provides extraordinary flexibility
and value, with on-demand and on-premises solutions, open source and
commercial licensing terms, and pricing—including a free version of the
product—that delivers a total cost of ownership that is a fraction of the
cost of traditional BPM and business intelligence software. Adaptive Planning
is headquartered in Mountain View, Calif. and can be reached at 650-528-7500
or www.adaptiveplanning.com.
   
   

 
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