SmartOrg and Portfolio DecisionWare Form Strategic
Partnership

Combining Strategic and Operational Tools to Maximize Product Profitability

MENLO PARK, CA and New York City, July 1, 2004 — SmartOrg, provider of Value-Based Management Systems, and Portfolio DecisionWare (PDW), provider of Portfolio Resource Management systems, today announced a new strategic
partnership. Jointly, the companies deliver processes and software tools to enable management to

• make the best decisions about which products to invest in for the highest return and
• manage organization resources to ensure products flow through the development pipeline on time and on budget.

SmartOrg Value-Based Management systems help companies drive profitability and growth by making better investments in R&D, New Product Development and other business opportunities. SmartOrg’s Portfolio Navigator™ web-based system guides teams through project analysis and evaluation, tracks the impact of new information
on project value, and creates portfolio views that inform decision makers of their investment opportunities. Its real-time, in-depth project evaluation system automatically creates spreadsheet business-case models and conducts risk analysis. Visit www.smartorg.com for additional information.

Portfolio DecisionWare’s Portfolio Resource Management solutions drive profitability and growth by continuously improving the delivery of organization resources to the project portfolio. This simple, low overhead system captures resource supply and demand and then highlights which projects on the prioritized portfolio will not get the
resources they need to meet their objectives. It enables management to approve and maintain an achievable portfolio that is appropriately balanced among project types. Visit www.pdware.com for more information.

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