Actuate Launches Asia Pacific Partner Program; Signs Up Partners to Continue Growth and Success in Korea

Two New Partners Align with Actuate to Offer Market Leading Business Intelligence and Web Reporting Solutions in the Korean Marketplace.

Singapore and Korea (PRWEB) August 23, 2003 --- Actuate Corporation, (NASDAQ: ACTU), the world leader in scalable business intelligence (BI) applications, today announced the launch of the Asia Pacific Partner Program. With this program, Actuate will partner with best-of-breed IT companies in each market to provide customers with more localized and tailored services, and enhanced support.

The Asia Pacific Partner Program is part of Actuates commitment to driving further growth and success in the regions BI market, which according to IDC, is growing at a CAGR of over 50 percent. As an early start to this program, Actuate has already signed up two new partners in Korea: Open Network Enterprise (ONE), a campaign management and enterprise CRM solution provider; and INWAVE, a provider of CRM applications to the financial services sector.

Actuate is a proven leader in the business intelligence and web reporting market sector," said Jin-Oh Kwak, Vice President of Operations for Open Network Enterprise (ONE). Actuate delivers flexible, state-of-the-art technology in addition to outstanding partner support. This helps us expand our enterprise CRM and campaign management solutions to include the kind of advanced reporting and analysis our customers need for sophisticated business intelligence and analysis."

When we saw the latest release of Actuate, we knew that it would be a great fit for the CRM and information delivery applications we provide to the banking and insurance industries in Korea," said Jan Kil Lee, President of INWAVE. Korean companies are very demanding users of technology and require strong performance and ease-of-use across any platform for their information delivery and analysis needs. Actuate 7 exceeds these expectations. Also, the fact that Actuate 7 is a completely Unicode product across all platforms will appeal to even the most demanding IT department."

Enterprises are increasingly recognizing the need for a simple and consistent approach to accessing, analyzing and sharing information within the enterprise as well as externally with customers, partners and suppliers. The Actuate Asia Pacific Partner Program will enable Actuate to expand its market penetration and meet this demand.

New companies joining the Actuate Asia Pacific Partner Program aim to maintain their market-leading momentum by leveraging Actuate information applications with their own product and service offerings. By teaming with Actuate in Asia Pacific, solution providers can deliver proven BI and web reporting solutions that have the stability and company backing to outlast the economic downturn.

In a difficult economic climate, and with the M&A activity in the BI industry, business partners gravitate quickly towards market leaders who provide stability, larger volumes of business and world-class products," said David Runacres, Regional Director, Asia Pacific, Actuate Corporate. We welcome these new partners and look forward to working with them to expand our reach in providing scalable enterprise business intelligence and web reporting to even more customers throughout Korea."

Partners have the option to take up one of the following tracks under the Actuate Asia Pacific Program:

Resellers and Distributors: This track is for organizations interested in the sales, marketing and delivery of Actuate solutions

OEMS / ISV: This track is for software vendors with their own applications that require reporting and analytics components.

System Integrators: This track is for services-led organizations that want to take a margin on software without building a dedicated Actuate business unit.

Consulting Partners: This track is for organizations that recognize the benefit and complementary nature of an association with Actuate as well as to certify these organizations as Actuate services partners.

Actuate has over 300 partners worldwide. These include the worlds leading consulting, systems integration, and technology companies. Together, Actuate and its partners provide organizations with the most effective platform for retrieving business information from corporate databases and delivering it as interactive web pages and Excel spreadsheets in the form of reports to customers, partners, and employees.

For more information on the Actuate Asia Pacific Partner Program, email Actuate Asia Pacifics Channels Department at apac_channels@actuate.com, visit http://www.actuate.com/ap, or call +65-6887-3777.

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About Actuate Corporation

Actuate Corporation is the world leader in scalable Business Intelligence Applications. Actuates Information Application Platform is the foundation on which Global 9000 organizations (companies with annual revenues greater than $1 billion) and packaged application software vendors create reporting and analytics applications that scale to empower 100 percent of their user community inside and outside the firewall.

These Information Applications include Business Performance Management (BPM) dashboards, Information Portals as well as business analytic, enterprise reporting and spreadsheet reporting applications. Information Applications built with Actuate enable companies to increase their business agility, improve customer and partner relationships, adhere to corporate governance policies, and increase revenues while leveraging existing technology assets.

When tested against other business intelligence products, Actuate's Information Application Platform has been proven to offer industry-leading scalability, the best performance, and lowest Total Cost of Ownership. Actuate has over 2,100 direct customers and 300 OEM partners in a range of industries including financial services, pharmaceuticals, insurance, and distribution services, as well as the government sector.

Founded in 1993, Actuate has headquarters in South San Francisco, CA, and has offices worldwide. For more information on Actuate, visit the company's Web site at http://www.actuate.com/.

Actuate is a registered trademark of Actuate Corporation. e.Reporting and e.Spreadsheet are trademarks of Actuate Corporation. Other company names and trademarks are trademarks of their respective companies.

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