Marquee Companies Choose Apptio as Best in Class IT Financial Management Solution

BELLEVUE, WA, Aug 17 (MARKET WIRE) --
Apptio, the leading provider of on demand IT Financial Management
software, today announced it closed several key customers in the second
quarter of 2009. Cisco, Purdue University and Saint Luke's Health System
represent a small sample of new clients that selected Apptio to achieve
greater visibility into the cost and utilization of their IT operations
and provide the business with a true Bill of IT.

Apptio's IT Financial Management software enables IT and finance teams to
understand the cost structure of IT services, down to the most granular
unit level, and use that knowledge to optimize operations and maximize
ROI. Apptio allows IT to more effectively communicate the value of IT to
company business leaders, and drive decisions that validate initiatives
like virtualization and cloud computing.

"IT Financial Management is a top priority for today's enterprises, and
many successful businesses are turning to Apptio to understand how to
optimize their IT investments," said Eric Berg, vice president of product
management and marketing at Apptio. "Apptio is the only solution designed
from the ground up to analyze the fully loaded cost of an IT service and
identify ways to improve IT performance. As a result, CIOs can improve
IT's cost efficiency and shift more of IT's resources to pursuing
strategic business initiatives."

About Apptio

Apptio is the leading provider of on-demand IT Financial Management
solutions. Apptio's IT Financial Management solutions provide greater
visibility into the cost, utilization and operations of IT products and
services so that businesses can identify ways to reduce IT costs, make
better IT decisions and provide the business with a true Bill of IT. IT
organizations such as Blue Cross Blue Shield of Kansas, BNP Paribas, EMD
Chemical and Starbucks use Apptio's IT cost analysis capabilities to
reduce cost and achieve greater visibility into their IT costs and cost
drivers. Apptio is privately held, backed by Greylock Partners, Madrona
Venture Group, Marc Andreessen, Ben Horowitz, Ignition Ventures and Shasta
Ventures. For more information, please visit www.apptio.com.

Contact:
Karli Overmier
Barokas Public Relations
206-264-8220
karli@barokas.com

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