DEUTSCHE TELEKOMS T-MOBILE DIVISION CHOOSES NIKU 6 Niku Key to Cost Savings at T-Mobile International GmbH

REDWOOD CITY, Calif. -- March 27, 2002 -- Niku Corporation (Nasdaq: NIKU) the leading provider of Services Relationship Management (SRM) software, today announced that T-Mobile International (TMO), Deutsche Telekom AG's mobile holding company and one of the leading providers of mobile telecommunications services worldwide, has selected Niku 6 as its mid-office solution.

T-Mobile International GmbH will deploy Niku 6 software across their enterprise to plan projects better and achieve maximum cost savings. Niku 6 enables employees to collaborate on projects via the Internet as well as their Intranet and project managers and decision makers to improve strategic project prioritization through enhanced visibility of data within the system.

The decisive factor for the purchase of Niku 6 was the modern Internet technology and high flexibility of the software," said Bernhard Vieregge, director Synergie & Integrations programs, ITM T-Mobile International AG. Niku 6 enables us to do international multi-project management on a very high professional level. Our selection of Niku 6 helps to ensure long-term planning of the future direction of the company."

The selection of Niku 6 by a leading global Telco player such as TMO is an important milestone and a big success for us in the German market," said Richard N. LaBarbera, president of global operations, Niku Corporation. It highlights the emphasis that large global enterprise companies put on using Niku to help improve their bottom line."

Niku 6 enables TMO to capture its project assets and centralize them in one location via an easy-to-use browser-based Web interface. This central repository allows project teams to increase their efficiency by leveraging work that has already been done. Information from current and past projects is stored in a secure environment and shared by those individuals who have been granted rights to do so. In addition, the robust Niku 6 document management functionality allows TMO to organize and store documents in

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folders and sub-folders, share documents with appropriate individuals by setting permissions (at both folder and document levels), track document versions and manage prior versions, track who has accessed documents (and when), and route documents via workflow for review and approval. With this latest version of the software, TMO can also integrate Niku 6 with its SAP R/3 installation.

About Niku
Niku Corporation (Nasdaq: NIKU) develops enterprise application software for Services Relationship Management (SRM), software that automates mid-office services-IT, R&D, consulting, marketing, and more-by integrating project, resource, financial, portfolio, collaboration, and knowledge management in one Web-native application. For more information contact info@niku.com, call 877-846-6458 (NIKU), or visit www.niku.com.

About T-Mobile
Deutsche Telekom has combined the Group's main mobile communications activities in T-Mobile International since the beginning of 2000. With its subsidiaries and affiliated companies, T-Mobile International concentrates on the dynamic growth markets of Europe and the USA. Deutsche Telekom's subsidiaries and affiliated companies serve almost 67 million customers around the world (figures from the end of 2001). T-Mobile further expanded its position as one of the leading mobile communications providers in the world in the 2001 financial year.

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