SmartOrg Announces Version 3 of Portfolio
Navigator™

Value-Based Management System Helps Companies Maximize
R&D and New Product Development Business Results

Menlo Park, May 3, 2004—SmartOrg Inc. today announced Version 3 of its Portfolio Navigator™ Value-Based Management System.

Don Creswell, SmartOrg co-founder and Vice President Sales & Marketing, said “Following successful installations of Portfolio Navigator Version 2 over the past year, we have incorporated new features in Version 3 based on realworld
experience with our customers. We are very pleased with the positive feedback from managers and their teams, who are realizing tangible value from the system.”

Says Grant Steinfeld, Director of Software Engineering, “New product features include streamlined usability, as well as new security and performance that make the experience of project teams even more powerful, and provide
management with the information they need to manage project and portfolio value effectively.”
Version 3 enhancements include:

• A streamlined, intuitive Graphic User Interface.
• Improved tracking capabilities, including change history and usage reporting.
• Support for Microsoft SQL server database.
• 100% browser based with SSL encryption
• Faster calculations and display of results.
• New and more flexible reports, including “waterfall value charts.”

About SmartOrg

SmartOrg provides browser based applications and services that help companies improve the return on R&D, new product development and other business opportunities. Portfolio Navigator™, a browser-based application, provides project teams and portfolio managers with tools to lower risk and maximize the return on a company’s investment in technology and R&D. Decision Advisor® is a desktop application that supports real-time, in-depth project-evaluation workshops; combines a facilitative framework with decision and risk analysis to turbo-charge team discussions; and automatically creates spreadsheet models and conducts risk analysis. SmartOrg was formed in 2000 by former directors and partners of Strategic Decisions Group, an international strategy consulting firm.

For Additional Information:

Email: info@smartorg.com
Web: www.smartorg.com

Don Creswell
650-470-0188
dcreswell@smartorg.com