Adira Finance of Indonesia to Further Advance its Enterprise-Wide Performance Management Initiative with Actuate’s performancesoft

The largest automotive financing company in Indonesia will implement pbviews to automate the delivery of crucial Performance Management information to provide a single, consistent view of performance across the organization.

(PRWEB) March 23, 2006 -- performancesoft Inc., a division of Actuate Corporation (NASDAQ: ACTU) and the leading provider of Performance Management solutions, announced today that Adira Finance, the largest automotive financing company in Indonesia, has selected pbviews to help develop, deploy, and automate its enterprise-wide Performance Management initiative.

Adira Finance will use performancesoft pbviews to align its five critical business strategies of: managing High Yield Portfolios, Prudent Risk Management, Maintaining Good Relationships with Customers and Business Partners, Expanding its Network Channels, and Continuous Human Capital and Organizational Development.

With the assistance of performancesoft’s Indonesian business partner, PT Organisasi Transformasi Internasional, Adira Finance will implement pbviews to automate the delivery of crucial Performance Management information to provide a single, consistent view of performance across the organization, to help increase visibility and improve decision making.

“Through the use of our industry-leading software, pbviews, Adira Finance is well-positioned to ensure the successful rollout of its Performance Management initiative,” said Steve Fluin, Vice President Global Sales, performancesoft Inc. “We are delighted to welcome Adira Finance, an innovator and leader in the financial services industry, as the latest addition to our growing list of clients in Indonesia.”

About Adira Finance

Established in 1990 with the vision of becoming the most reputable company focusing on consumer financing services, Adira Finance is now the largest automotive financing company in Indonesia, operating 120 outlets throughout the country. Adira Finance’s mission is to become the consumers’ preferred automotive lender through: superior customer service, creditor relations, best employee satisfaction, and highest return to shareholder.

About performancesoft Inc.

Founded in 1993, performancesoft, a division of Actuate Corporation, is the acknowledged leader in the Performance Management, Malcolm Baldrige and Balanced Scorecard categories, with the richest, most intuitive and easiest to use product, and the largest number of successful deployments worldwide. Its state of the art software, practical expertise and unparalleled customer support makes pbviews the solution of choice for today’s performance organizations, which include in Indonesia key companies such as: Astra International Tbk, Bangun Cipta Kontraktor, Berau Coal, Great Giant Pineapple Company and Summarecon Agung, among others. For more information, please visit www.performancesoft.com.

About Actuate Corporation

Actuate Corporation is the world leader in Enterprise Reporting and Performance Management Applications that empower 100% of users to achieve breakthrough corporate performance. Actuate provides the most scalable, reliable, flexible and high-performing reporting capabilities for every application in the enterprise. Customers use Actuate to deliver information in context to users inside and outside the firewall as Performance Management and Customer Self-Service applications, managed spreadsheet applications and Java reporting applications.

Actuate has over 3,500 customers globally in a range of industries including banking, insurance, manufacturing, communications, and government. Founded in 1993, Actuate has headquarters in South San Francisco, Calif., with offices worldwide. Actuate is listed on the NASDAQ exchange under the symbol ACTU. For more information on Actuate, visit the company's Web site at www.actuate.com.

Copyright© 2006 performancesoft, Inc. All rights reserved. performancesoft, pbviews, Actuate and the Actuate and performancesoft logos are registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. All other brands, names or trademarks mentioned may be trademarks of their respective owners.

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