Plateau Delivers Twelfth Consecutive Year of Growth in 2008

ARLINGTON, VA, May 27 (MARKET WIRE) --
Plateau Systems, a leading provider of talent management software,
content and services, today announced that the company has again posted a
double digit revenue gain for its fiscal 2008, with recurring revenues
again comprising more than half of the company's total revenues. Despite
the volatile business climate that overshadowed much of 2008, Plateau saw
worldwide revenue and customer growth across all product lines,
solutions, geographies, market sectors and industries.

"Over the past eighteen months, Plateau has significantly expanded our
talent management suite and increased our global customer footprint. We
continue to deliver increasing value to both existing and new customers,"
said Paul Sparta, Plateau's Chairman and CEO. "Our ability to execute,
grow our customer base and achieve sustainable EBITDA and GAAP
profitability in a challenging economic environment, coupled with our
impressive 99 percent customer retention rate, reflects Plateau's sound
management philosophy and validates the strength of our business plan and
investment strategies."

In 2008, more than 100 new customers licensed Plateau's talent management
solutions, bringing its total number of users to more than 10 million.
During the year, the company continued to enhance its core talent
management solutions with the release of Plateau Talent Management 5.8
Service Pack 5 (SP5), which delivered powerful and flexible talent
planning and succession management capabilities through the Plateau Talent
Management Suite. Key enhancements of SP5 include improved talent
management planning, enhanced real-time visibility into talent management
operations and additional learning evaluation capabilities. These expanded
features allow Plateau customers to better maximize their company's
talent, make informed decisions about their employees and workforce and
more effectively and accurately measure the value of learning for both the
individual and the company.

The company also saw increased demand for and customer adoption of its
popular iContent solution. iContent, the industry's first and only
Content-as-a-Service (CaaS) solution, is a comprehensive solution for
content management and administration, providing a single point of
procurement, centralized management, hosting and an all-inclusive
service-level guarantee. iContent ensures customers have one point of
access, and a central repository for all third-party and in-house content.

Customers

Over the past year, leading organizations including Monsanto, HEI Hotels
and Resorts, Mercury Marine, Luxottica Retail, Cadence Design Systems,
Technip USA and Cubist Pharmaceuticals, as well as government
organizations and agencies including the United States Department of
Homeland Security and Defense Logistics Agency have selected Plateau's
talent management solutions to support their internal and external
learning, training, performance, compensation and/or career and
succession management initiatives.

Plateau's OnDemand revenues grew 31 percent during 2008, with more than
25 percent of Plateau's customers now leveraging Plateau's OnDemand
talent management solutions.

iContent

Momentum for and adoption of Plateau's iContent solution continued to soar
throughout 2008. In addition to a 235 percent increase in annualized
iContent bookings last year, Plateau tripled its iContent customer base,
adding global organizations including Deltek Systems, Thomson Reuters, and
Canon USA, to name a few. Released in October 2006, Plateau's iContent
solution has surpassed one million users in just two years.

Over the past year, the iContent library also continued to grow, with more
than 40,000 third-party and custom courses now under management. The
company broadened its third-party content and video offerings in retail
sales training, business leadership development, competency assessments
and IT training, with the addition of several new leading video and
content partners including: iLearn Solutions, Martec International,
StarQuest Online, NIIT and Fifty Lessons.

Market Leadership

Over the past year, Plateau continued to earn recognition and accolades
for its vision, innovation, market leadership and customer satisfaction
and success.

-- In July, the company was recognized as a Leader in Gartner's 2008
Magic Quadrant for Corporate Learning Systems (CLS)(1), marking the sixth
consecutive time the company has achieved this distinction. The company
was positioned as a Visionary in Gartner's inaugural Magic Quadrant for
Employee Performance Management Software.(2)

-- In October, Bersin & Associates recognized Plateau as a market-leading
provider of employee performance management software in its Essentials of
Performance Management Practices: Part 1 and Part 2. Plateau was
specifically commended for its ability to integrate sophisticated
learning and development activities with performance and talent
management processes and the company's steadfast commitment to customer
satisfaction and comprehensive global services.

-- In November, global analyst firm IDC recognized Plateau as a Strong
Performer in its 2008 Integrated Talent Management Marketscape.

In addition to the company's achievements and accolades, several Plateau
customers were acknowledged for their innovative and strategic use of
Plateau's talent management solutions in driving their businesses forward.

-- Bersin & Associates recognized Plateau customers CA and Luxottica as
2008 Learning Leaders in the Operational Excellence and Initiative
Excellence categories, respectively, for demonstrating excellence in
training and development.

-- Customers BB&T Corporation, Perkins+Will and B&W Pantex were recognized
as 2008 BEST Award recipients for achieving success with their
enterprise-wide learning and development initiatives. According to ASTD,
these companies are BEST at Building talent Enterprise-wide, Supported by
the organization's leaders fostering a Thorough learning culture.

-- In the Federal sector, three Plateau customers -- the Nuclear
Regulatory Commission (NRC), National Science Foundation (NSF) and
National Aeronautics and Space Administration (NASA) -- took the top
spots in 2008 Federal Human Capital Survey.

International Operations

Outside of North America, Plateau's revenues grew 45 percent as the
company continued to increase its international footprint in Europe, the
Middle East and Africa and Asia-Pacific regions. The company added
several new high-profile customers including Caja Madrid, Spain's fourth
largest banking institution, and experienced significant growth in its
international installed base, with several existing customers including
Emirates Airlines and Thomson Reuters expanding their investments in
Plateau's talent management solutions. Plateau will continue to leverage
investments in internal sales tools, methodology and technology to
optimize sales execution across the organization in 2009.

2008 Highlights:

Financial Growth

-- 5-year organic revenue CAGR of 25 percent +
-- Profitable for FY2008, project increasing margins for 2009
-- SaaS revenue grew 31 percent year/year
-- Achieved GAAP profitability in Q4
-- 45 percent growth in revenues outside North America

Customers

-- Added more than 1,000,000 new users
-- Increased SaaS customer-base by 100 percent
-- Expanded international user base by 40,000
-- Maintained 99 percent+ customer retention rate

iContent

-- Exceeded 1,000,000 users
-- Increased iContent annualized bookings by 235 percent
-- More than 8,000 custom course titles under management
-- Launched, on average, 200,000 course per month

About Plateau

Plateau led the charge in transforming corporate workforces in the
mid-'90s with its award-winning learning management system (LMS)
platform, which streamlined the management and delivery of learning and
training across some of the world's most respected organizations,
including General Electric, the United States Air Force and Capital One
Services. Plateau expanded its LMS platform, and in early 2000 delivered
the industry's first fully integrated, J2EE-based talent management
platform, which allowed organizations to link learning and training with
employee performance to ensure that employee goals aligned with corporate
objectives. Today, organizations around the world rely on Plateau's
software and solutions to drive innovation, facilitate collaboration and
connect people in ways that support the organization's most critical
business objectives. Customers and industry analysts continue to
recognize Plateau as a customer satisfaction leader and for its continued
leadership, vision and technology innovation. Plateau is headquartered in
Arlington, Virginia and has offices across the United States, Europe and
Asia Pacific. For more information, please visit www.Plateau.com.

(1) Gartner "Magic Quadrant for Employee Performance Management Software"
by James Holincheck and Thomas Otter. February 3, 2009.

(2) Gartner "Magic Quadrant for Corporate Learning Systems," Carol Rozwell
and James Lundy. June 30, 2008.

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