SOURCE: Arena Solutions

May 10, 2006 08:00 ET

Arena Solutions Kicks Off 2006 With Record-Breaking Quarter

Customer Adoption Grows 80 Percent From Previous Quarter; 300 Percent From Previous Year

FOSTER CITY, CA -- (MARKET WIRE) -- May 10, 2006 -- Arena Solutions, the leading provider of on-demand product lifecycle management (PLM) software for manufacturers, today announced that its first fiscal quarter of 2006, ending March 31, 2006, was the most successful in the company's history. This milestone represents an average quarter-over-quarter growth of 40%, further establishing Arena as the fastest-growing provider of PLM on-demand.

More than 15,000 users leverage Arena PLM to tackle the challenges brought about by increasing globalization, new compliance regulations, and outsourcing. By providing a centralized environment for managing product data, Arena PLM makes it easy for OEMs, suppliers and outsourced partners to collaborate in real-time around a single set of information -- regardless of geographic location or IT infrastructure. As a result, manufacturers are able to deliver higher quality products to market faster, better manage and maintain regulatory compliance, and collaborate more effectively with an ever-expanding global supply chain for improved performance.

Leading manufacturers from the electronics, medical, consumer, and automotive industries continue to adopt Arena PLM on-demand over traditional client server PLM solutions to better manage their product data. A partial list of new customers includes:

--  Netstreams, a global leader in exciting solutions for the digital life
    with "Networked Digital Entertainment" systems, which can connect all
    digital entertainment devices over Internet Protocol
    
--  Spiration Inc., a leading medical device manufacturer that
    manufactures innovative medical devices for the treatment of lung diseases
    
--  Kongsberg Mesotech, a leader in maritime technologies including
    sophisticated cameras for the NATO Submarine Rescue Vehicle
    
--  Focus Enhancements, a leader in advanced digital video production,
    management and presentation technology
    
--  Pay By Touch, the global leader in biometric authentication and
    payment solutions.
    
Delivered as a secure, web-based Internet service, Arena PLM dramatically reduces the cost and complexity to deploy a PLM solution. In addition, Arena PLM features an AJAX-based user interface, enabling customers to have a much richer and easier to use experience. By lowering the barriers to adoption and providing a simpler yet powerful customer experience, Arena Solutions levels the playing field, allowing small to mid-size manufacturers to more effectively compete with their larger counterparts.

"We're thrilled with our success to date, and look forward to accelerating customer adoption with each passing quarter," said Michael Topolovac, Chief Executive Officer, Arena Solutions. "Our continued growth underscores the increasing marketing demand for a PLM solution that provides the critical PLM functionality OEMs require without the IT headaches or high-costs typically associated with client server solutions."

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 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.

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