August 04, 2006 08:00 ET

Arena Solutions Named One of the "Hottest" Companies of 2006 by START-IT Magazine

Company Recognized for Its Rapid Customer Adoption and Innovative On-Demand Business Model

FOSTER CITY, CA -- (MARKET WIRE) -- August 4, 2006 -- Arena Solutions, the leading provider of on-demand product lifecycle management software for manufacturers of all sizes, today announced that the company has been selected one of the "Hottest" companies of 2006, as part of START-IT Magazine's "Hottest Companies" annual award program. Arena Solutions was recognized as a "Hot" company for its innovative software-as-a-service business model and for continuing to be the fastest growing provider of on-demand PLM.

"Being named a 'Hot' company is a true testament of the dedication and forward-thinking technology approach toward providing manufacturers with the solutions they need to be efficient as well as competitive in today's economy," says John Buell, editor-in-chief of START-IT.

The Hottest Companies Award was created for software and hardware vendors that have developed innovative applications for the manufacturing industry. Nominees were asked to describe their essential product or services, what their growth record was for the last three years, what accomplishments or hurdles were overcome the past year, how their product/services is unique, and what made them stand out as "Hot" against their competitors.

"We're honored to be named to START-IT's annual 'Hot' companies list," said Michael Topolovac, CEO Arena Solutions. "This distinction is further testament to Arena's commitment to delivering the manufacturing community innovative PLM solutions at a fraction of the cost and complexity of traditional client/server PLM alternatives."

About START-IT magazine

START-IT magazine helps manufacturers take full advantage of the power of partnerships by emphasizing the importance of IT partnerships and how these partners are working together to reach their goals through the use of technology. Emphasizing the power of partnerships, START-IT is read by decision makers across all manufacturing segments as a primary source of business strategies to best take advantage of today's technologies.

About Arena Solutions

Arena Solutions is the leading provider of on-demand product lifecycle management solutions for manufacturing companies of all sizes. As the only true on-demand, secure Internet-based PLM service, Arena PLM provides a superior alternative to complicated, lengthy and expensive traditional PLM software deployments. Through its award-winning service, Arena enables product manufacturers and global outsourced supply chains to streamline their outsourcing, improve operational efficiencies, and speed time-to-market. Offering the broadest suite of on-demand PLM solutions on the market today -- Arena PLM Workgroup Edition, Arena PLM Professional Edition, and Arena PLM Enterprise Edition -- Arena PLM has been adopted by over 15,000 users across companies at all stages of development.

Arena Solutions' market-changing approach to PLM has received significant recognition in the industry, including Manufacturing Business Technology's Top 40 Emerging Vendors, the 2005 and 2006 Supply & Demand Chain Executive 100, Industry Week's "Technology of the Year -- Notable Innovators" and Start Magazine's "Hot" Companies.

Founded in February 2000, Arena Solutions is headquartered in Foster City, California. For more information, please visit the company's website at www.arenasolutions.com.

Arena Solutions, Arena PLM Workgroup Edition, Arena PLM Professional Edition, and Arena PLM Enterprise Edition are trademarks of Arena Solutions, Inc. Other product and company names are the property of their respective holders.