iRise Triples Revenue in Q1 2009

Focus on Transformation Driving Customer Investments in Visualization
EL SEGUNDO, Calif.--(Business Wire)--
iRise®, the world`s leading visualization solutions company, today announced
that software revenue for the just completed fiscal Q1 2009 grew three times
over Q1 2008. This follows a recent announcement that revenue for fiscal Q4 2008
surpassed the entire fiscal year 2007 total and that software revenue for 2008
increased by 50% over the previous year, making fiscal year 2008 a record for
the company. iRise is a privately held company backed by Morgan Stanley Venture
Partners, Deutsche Bank and other investors.

"We have outstanding momentum in the market in spite of economic conditions that
are forcing tough decisions by CIOs across the board," stated Emmet B. Keeffe
III, CEO and co-founder of iRise. "In today`s economy it`s more imperative than
ever to find ways to cut IT cost and deliver more effectively in a global model.
Many organizations are now making visualization a standard for how they define
and deliver mission-critical systems."

"During the last recession, IT leaders lowered infrastructure cost by
implementing virtualization and consolidating data centers," Mr. Keeffe
continued. "During this downturn, CIOs are now focused on the next big
opportunity to cut cost: reducing application development spend by accelerating
global sourcing and application rationalization initiatives. The ability for
global stakeholders to visualize applications early in the process is the
pivotal component to ensure that these strategies pay dividends for the
business. While our customers were facing budget cuts, they realized that
visualization was an investment they couldn`t afford not to make."

Software Visualization - The Ultimate Change Agent

iRise visualization software gives business and IT leaders a powerful way to
"move the needle" and cost-effectively drive change in their organizations.
iRise is the only enterprise grade, real-time collaborative software definition
platform on the market today. By enabling global organizations to "test drive"
and fully experience critical business systems early in the process, iRise is
now an essential strategy to modernize their systems, consolidate applications,
cut cost, accelerate delivery and leverage global sourcing partnerships without
the usual confusion and risk.

With thousands of projects completed successfully, the value of visualization
has proven to be enormous for businesses in highly competitive markets:

* Get to market twice as fast;
* Eliminate 30% of project cost;
* Ensure success of global sourcing strategies; and,
* Dramatically improve customer experience

Pricing and Availability

Pricing for iRise starts at $6,995 for iRise Professional Edition; a standalone
version of the popular team-based iRise Enterprise Edition. Mid-market pricing
is also available for smaller companies. iRise Professional Edition is available
for free 30 day trial by clicking here: http://www.irise.com/.

To speed adoption, free iRise eLearning is available from the iRise Website. For
more information, click on:
http://www.irise.com/services/training_elearning.php.

About iRise

iRise is the world`s leading provider of visualization software for business
applications. Visualization is quickly becoming a critical competitive advantage
for businesses to more effectively communicate their needs to technology teams
and give everyone involved the ability to fully experience applications before
they are built. Companies of all sizes like General Motors, UPS, Wachovia,
Manpower, M.D. Anderson Cancer Center, and many others use iRise to "test drive"
their applications before building, which accelerates time to revenue, improves
customer experience, and drives costs down. At iRise, our vision is that by
2020, all business software will be visualized before being built, the same way
that every car, airplane, and building is visualized today. Headquartered in El
Segundo, Calif., iRise is backed by Morgan Stanley Venture Partners, and
Deutsche Bank, and has sales offices across North America.

iRise is a registered trademark of iRise.All other companies and products
mentioned are trademarks and property of their respective owners.

iRise
Mitch Bishop, 415-772-0830
mbishop@irise.com

Copyright Business Wire 2009