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Opalis Announces Record Quarter

TORONTO -- Opalis Software Inc., the market leader in IT process automation software, today announced completion of the best ever fourth quarter for the company and a strong 2007, marking a record year for growth and worldwide customer adoption of the award-winning Opalis Integration Server solution. Opalis experienced consecutive triple-digit growth over the last two quarters of 2007, and a more than 100 percent increase in bookings for the fourth quarter over the same quarter in 2006. Additionally, Opalis saw its customer pipeline grow by more than 130 percent in 2007.

2007 was an extraordinary year for Opalis,” said Todd DeLaughter, CEO and president for Opalis Software. “The strong quarter, year-end results, and industry award recognition clearly demonstrate our leadership position in the red hot IT process automation market. With proven solutions and successful worldwide customer implementations, we have demonstrated incredible time to value for enterprises looking to improve IT efficiency and business agility across their heterogeneous systems management landscape. The market activity, especially over the second half of 2007, has validated our strategy to remain an independent best-of-breed vendor. We have seen an acceleration in enterprise-wide adoption by Global 2000 companies. Forrester estimates a market size of more than $600M over the next 5 years (‘Tech Horizons: Sizing The Emerging Market for IT Process Automation Software,’ by Jean-Pierre Garbani, November 19, 2007) so the potential for continued growth in our business is huge,” continued DeLaughter.

Opalis Software Inc.