BRISBANE, Calif., June 14, 2004 - CollabNet, the leading provider of On Demand Collaborative Software Development solutions, today introduced CollabNet Enterprise Edition 3.0, the industry's first Web-based development platform that boosts both productivity of geographically distributed software development teams and aligns IT initiatives with business objectives. CollabNet Enterprise Edition 3.0 provides CIOs, IT Executives, Business Executives, and Project Managers with real-time insight into the overall application development process and delivers process predictability that allows teams to mitigate business risks before they reach critical levels.