SOURCE: CAST Software

April 17, 2008 12:37 ET

CAST Continues Global Momentum in First Quarter of 2008

Sustained Customer and Partner Growth Reflects Widespread Market Adoption

NEW YORK, NY--(Marketwire - April 17, 2008) - CAST, the worldwide leader in Automated Application Intelligence, today announced a productive first quarter of 2008. The company's success can be attributed to a new product launch, partner and customer momentum and market demand for Application Intelligence solutions.

Q1 2008 Accomplishments and Announcements included:

-- The general availability of CAST Application Intelligence Platform (AIP) 6.1. AIP 6.1 offers a new Graphic-User Interface with an underlying role-based approach, as well as additional technology coverage and quality rules.

-- Customers from various sectors including Societe Generale, La Poste, The Securities and Exchange Commission, Business Insurance Application Consulting Gmbh and CANDY choosing CAST to automate the continuous control of the technical quality of their software development.

-- Systems Integrators such as AtosOrigin, Capgemini, CSC, EDS, IBM Global Services, Logicacmg, Sopra, T-Systems and others, using CAST to increase the productivity and quality of the applications delivered by their Maintenance and Delivery Centers.

-- Receiving IBM's "Ready for IBM Rational software" validation. This validation demonstrates CAST's integration with IBM® Rational® ClearCase®, enabling teams to seamlessly build technical quality into their software products.

-- Hosting an education campaign with Forrester Research that outlined a holistic approach for managing the technical quality of software, as well as how quality management ties in to the overall management of application development.

"As the Automated Application Intelligence market matures, managing the risk of mission-critical applications is becoming front-of-mind for senior IT executives within all industries," said Vincent Delaroche, CAST Chairman and CEO. "What we've accomplished this quarter positions us well for reaching the 2008 budget. It is clear that the market has come to recognize the tremendous value of managing the technical quality of applications."

CAST's achievements in Q108 represent fundamental pieces in the company's future development and strongly reinforce its position as a leader in the Automated Application Intelligence market. The outlook for Europe, North America, and potential expansion into India and Asia, are positive indicators of robust growth for the rest of 2008 and beyond. Q108 financial results will be released when consolidation and auditing is complete

About CAST

CAST is the world leader and pioneer in Application Intelligence software, providing the metrics and information IT executives must have to measure, monitor and improve the technical quality of business applications and the performance of development teams around the globe. Founded in 1990, CAST has helped more than 650 organizations worldwide speed delivery to the business, mitigate risks in production, improve customer experience, and reduce the total cost of application ownership. CAST is listed on NYSE-Euronext (Euronext: CAS) and serves Global 2000 organizations worldwide with a global network of offices in the US and Europe. For more information visit www.castsoftware.com.

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