Host Analytics Surpasses 8,000 Active-Users Milestone and Adds New Partners En Route to Another Record-Breaking Quarter

REDWOOD CITY, CA--(Marketwire - April 23, 2009) - Host Analytics, whose SaaS-based corporate performance management solutions are the silver lining for businesses facing tough financial times, today announced completion of the company's most successful quarter yet. The nine-year-old financial software leader with the market's most comprehensive SaaS CPM suite wrapped-up its fiscal first quarter on March 31, overcoming an uncertain economy on the way to a series of impressive achievements. In the quarter, Host Analytics added several new 'name' accounts including a large international hotel chain, and expanded sales to eight current high-profile clients. The company now boasts more than 8,000 active paying users, further cementing its position as the fastest-growing vendor in the SaaS CPM category.

The New Market Reality

Companies worldwide are scrambling to balance short-term blips in their businesses with long-term plans for success. Many are adjusting budgets and forecasts to accommodate fewer sales, reduced headcount and limited capital resources, while re-focusing on core products, services and channels. Sophisticated financial tools like CPM align budgets with business plans to provide management the data it needs to make in-the-moment business decisions without losing sight of future opportunities. As the dust settles on the new market realities, and more companies recognize the need for next-generation financial budgeting and planning systems, CPM solution providers such as Host Analytics are finding themselves in hot demand. For example, in an era where transparency provides security to stakeholders and regulators, sales of Host Analytics' financial consolidation module are increasing, as businesses seek to consolidate and close their books quickly, accurately and on-time.

"We are excited about Host Analytics v9.0's data integration with SAP and we like the continued innovation that SaaS brings without the upgrade hassles," said Richard G. Temples, Information Technology Manager for BASF Pest Control Solutions.

"In today's tough economic and challenging competitive environment, businesses are looking for more effective mechanisms to evaluate and improve their corporate performance," said Jeffrey M. Kaplan, the Managing Director of THINKstrategies, Inc. and Founder of the SaaS Showplace. "Host Analytics' rapid growth is a clear indicator of how an increasing number of businesses are recognizing the greater functionality, better ease of use and higher ROI they can obtain from today's SaaS-based corporate performance management solutions."

Full Speed Ahead

In Q1, Host Analytics focused on expanding client and partner relationships, and continuing its role as the leading advocate for cloud-based CPM. There were numerous positive and quantifiable results. A few highlights from the quarter include:

--  High-profile customer additions -- RTC, New West Health, Linden, HWY
    Tech, Ferrell, BDI, Nations, FCR, City of Ponca City and Torex all signed
    contracts with Host Analytics since January
--  More routes to market -- Host Analytics secured partnerships in Q1
    with Boomi, the leader in on-demand integration; Ondemax, a business
    systems and software consulting and implementation firm that specializes
    solely in delivering on-demand business intelligence and planning solutions
    to fast-growing, mid-sized companies; and PivotLink, the leading provider
    of business intelligence solutions delivered via the SaaS model
--  Good news from abroad -- Kingdom Hotels, a large Middle Eastern hotel
    chain, became the latest of Host Analytics' international customers
--  Stiffing the competition -- Host Analytics enjoyed competitive wins
    over Adaptive Planning, Clarity, Prophix, Oracle and SAP in the first
    quarter, and continued its run of successfully displacing Microsoft Excel
    at customer sites for budgeting and planning
--  Influencers are listening -- Host Analytics was positively mentioned
    in analyst reports from leading market research firms Gartner and Forrester
    

"There has long been a need for CPM but the latest financial crisis created a sense of urgency for the use of these systems that did not exist before," said Jon Kondo, CEO at Host Analytics. "Furthermore SaaS or cloud computing, with its low cost, ease-of-use and fast time-to-value, is a business model that fits naturally into the current economic climate. That Host Analytics has been developing cloud-based CPM solutions for nearly a decade is fortuitous. We are very excited to have the best product at just the right time."

About Host Analytics

Host Analytics is the leading provider of on-demand corporate and financial performance management solutions. Host Analytics' solutions help financial, line of business and departmental executives improve their budgeting, forecasting, financial consolidations, dashboarding, scorecarding, reporting and analysis. Host Analytics delivers its suite of corporate performance management solutions via the Software-as-a-Service (SaaS) model. Host Analytics, a pioneer in providing comprehensive and easy to use CPM solutions, was founded in 2000 and expanded its SaaS offering in 2005 to include a complete suite of CPM solutions.

Host Analytics helps organizations streamline the performance management process, align the planning process with business strategy and effectively measure performance and manage change. As a SaaS delivered solution, Host Analytics customers realize fast time-to-value through quick implementation of solutions, the highest levels of user adoption, effective empowerment of business users and a continuous flow of Host Analytics provided solution innovations and improvements.

Host Analytics serves the enterprise, large and midsized company and public sector markets including industry leading companies like JP Morgan Chase, Procter & Gamble, Otis Spunkmeyer, Pitney Bowes, and Nortel Networks. Host Analytics was included in JMP Securities' prestigious "Hot 100: The Best Privately Held Software Companies." For additional information, visit http://www.hostanalytics.com/ or call (314) 588-2121.

© 2009 Host Analytics Incorporated. All rights reserved. All trademarks are the property of their respective owners.

Contact Information: Company Contact: Gary Damiano Host Analytics 650-249-7105