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| Seapine's worldwide customer base grows at record rate as customers increasingly adopt quality-centric tools for software application development and testing MASON, Ohio—February 14, 2007—Seapine Software, Inc., a global provider of quality-centric application lifecycle management (ALM) solutions, today announced that it continues to experience strong revenue performance and its eleventh year of annual license growth. With sales growing faster than the market rate for ALM vendors, Seapine added over one thousand new companies as customers of its award-winning software configuration management, defect tracking, and automated software testing solutions. Seapine’s record growth in 2006 was driven by increased worldwide adoption of the company’s TestTrack® Pro, Surround SCM®, and QA Wizard® solutions by leading organizations such as Logitech, Novartis Pharmaceuticals, Siemens, and the National Institutes of Health. Seapine’s outstanding showing was accelerated by the release of two new products in the fourth quarter—TestTrack® TCM for test case planning and tracking, and TestTrack® Studio for complete management of development processes, issues, and quality. “Companies understand that developing software, either for internal use, as packaged software, or imbedded software in devices, has become a critical core competency that presents an opportunity for process improvement, cost savings, and risk mitigation,” said Richard Riccetti, president and CEO, Seapine Software. “Using our tools in the software development process allows development and IT departments to create better software faster, with a high degree of confidence in the quality of the application.” According to Tom Carozza, director of strategy, Seapine Software, “The consistent growth that Seapine experienced in 2006 is a clear demonstration that major, global organizations recognize the value of effective software development practices and they are choosing Seapine’s quality-centric ALM tools to manage change and improve processes and quality in their software development activities.” Global organizations are successfully using Seapine’s tools to:
With over 8,000 customers worldwide, Seapine Software, Inc. is the leading provider of quality-centric application lifecycle management solutions. Headquartered in Mason, Ohio, with offices in Europe and Asia-Pacific, Seapine solutions help companies reliably and efficiently develop quality software applications. Seapine’s products support best practices, integrate into all popular development environments, and run on Microsoft Windows®, Linux®, Sun Solaris®, and Apple Macintosh® platforms. Visit www.seapine.com for more information about Seapine. ###
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