Deltek Acquires Planview MPM Division

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Tue Sep 2, 2008 8:01am EDT

Acquisition solidifies Deltek's position as the most comprehensive
   Enterprise Project Management (EPM) solution for project-focused
                              businesses
HERNDON, Va.--(Business Wire)--
Deltek, Inc. (NASDAQ: PROJ), the leading provider of enterprise
applications software for project-focused organizations, today
announced the company has acquired the MPM solution and all related
assets from Planview, Inc.

   MPM is an earned value management (EVM) software application used
by government contractors and agencies to meet the complex compliance
requirements for their programs issued by the US Federal Government.
MPM is used by approximately one hundred organizations including 8 of
the top 10 aerospace and defense contractors. The solution is
compliant with ANSI/EIA-748, and it supports critical programs for
Department of Defense, Department of Energy, NASA and Department of
Transportation. MPM integrates with Deltek wInsight to create a
complete earned value solution for government contractors and
agencies.

   Through the acquisition of MPM, Deltek extends its leadership
position as the largest and most comprehensive provider of earned
value management applications in the industry and will expand the
earned value product options for Deltek customers. In addition, the
MPM solution with its best-in-class, ease-of-use and
ease-of-installation will offer more flexibility for contractors who
choose to implement earned value processes on a program-by-program
basis. For small to medium sized government contractors, this provides
a low cost way of implementing an earned value practice center within
their organizations.

   "This acquisition of MPM adds an important component to our
already extensive Enterprise Project Management (EPM) product suite,
and it underscores our commitment to leadership in the Earned Value
space" said Kevin Parker, president and CEO of Deltek. "The addition
of MPM to the Deltek EPM portfolio ensures we can meet the full
spectrum of our customers' needs."

   "With the acquisition of MPM, Deltek stands out as a market leader
for earned value management solutions," said Mike Fauscette, Group
Vice President, Software Business Solutions at IDC. "The integration
between MPM and wInsight not only provides superior visibility into
program performance and forecasts, it also saves the end user the
manual effort of moving data from one database to another. This is a
big win for government contractors and an even bigger win for the
whole earned value industry."

   Total consideration for the acquisition is approximately $16
million in cash. MPM has total annual revenues of approximately $5
million. Deltek expects this acquisition to have no material impact in
2008 and to be accretive in future periods.

   ABOUT DELTEK

   Deltek, Inc. (NASDAQ: PROJ), is the leading provider of enterprise
applications software designed specifically for project-focused
businesses. For more than two decades, our software applications have
enabled organizations to automate mission-critical business processes
around the engagement, execution and delivery of projects. More than
12,000 customers worldwide rely on Deltek to measure business results,
optimize performance, streamline operations and win new business.
Visit www.deltek.com.

Deltek
Warren Brown, 703-885-9746
VP of Strategic Communications
warrenbrown@deltek.com
or
Dave Spille, 703-885-9423
VP of Investor Relations
davespille@deltek.com

Copyright Business Wire 2008
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