Daptiv Honored as One of JMP Securities' Hot 100 Top Privately Held Software Companies

SEATTLE, WA--(Marketwire - May 20, 2008) - Daptiv, the on-demand leader in collaborative business software, today announced that it has been named in JMP Securities' March 2008 report, "Hot 100: The Best Privately Held Software Companies." The report profiles 100 of the leading private companies in the software industry, as identified by JMP Securities' software research team. This honor is the latest in a series of accolades for Daptiv, which include being named a finalist for the past two years in the SIIA's CODiE Awards, as well as being a finalist in the 7th Annual eWEEK Excellence Awards.

Daptiv's selection as one of the best privately held software companies reflects the company's commitment to providing the highest quality enterprise solution for organizations looking to manage work across the enterprise and drive business success. On-demand "Work Intelligence" -- a key aspect of the Daptiv platform -- is quickly becoming a vital asset for both executives and team members as it enables them to get immediate and incisive insight into the overall work throughout the enterprise mid-office, ensuring that daily work and projects are contributing to overall business goals. Through intuitive, easy-to-build custom dashboards and on-the-fly reporting, key stakeholders get a quick snapshot of daily work and projects, and then can tap into Daptiv's robust platform to collaborate on and manage that work.

"This recognition is a testament to the tremendous value that Daptiv provides to our customers in helping them manage work across their businesses," said Jeff Pancottine, CEO of Daptiv. "Companies turn to the Daptiv solution because it combines the robust capabilities of on-premise products with the flexibility and rapid implementation only possible with the SaaS model. As a result, we enable hundreds of companies with hundreds of thousands of users to get work done faster, smarter and better. We are honored to be recognized as one of the best privately held companies by JMP Securities."

About Daptiv, Inc.

Founded in 1997, Daptiv is the on-demand leader in collaborative business software that enables companies of all sizes to transform their mid-office business operations. From new product development to operations and service delivery, Daptiv's on-demand solutions streamline employees' day-to-day interaction and collaboration while dramatically reducing the complexity of managing multiple teams, projects and tasks. Daptiv also gives executives unparalleled visibility into project, program and portfolio execution, as well as the ability to measure progress against key business priorities. Daptiv's flexible environment easily adapts to the work management needs of any department -- from IT and finance to marketing and human resources -- with an intuitive user interface, point-and-click system configuration and fast creation of forms, reports and alerts. Based in Seattle, Washington, Daptiv has already transformed the mid-office for more than 700 customers and 100,000 individuals at companies such as BASF, BP, Cushman and Wakefield, Chase Paymentech, Honeywell, Merrill Lynch, Sprint/Nextel, Blue Cross and Blue Shield of Kansas City and Virgin Blue. For more information visit www.daptiv.com.

Contact Information: Contact: Reed Lyon or Zoe Vandeveer LaunchSquad 415-625-8555 daptiv(at)launchsquad(dot)com