IGLOO Software Identified by Leading Market Research Firm As One of the Top Innovative Application Companies to Watch

Report showcases vendors with revenues of less than $100 million who are
adapting and innovating around current shifts in the software market
KITCHENER, Ontario--(Business Wire)--
IGLOO Software, a leading provider of online community and social software
solutions was named as one of the top innovative application companies to watch
in a recent report published by IDC, a leading industry analyst firm
headquartered in Framingham, MA.

The report focused on companies with annual revenues less than $100 million who
are delivering innovative solutions that meet enterprise software application
needs. The criteria used by IDC to measure innovation were based on the
following three key application trends:

1
Acceleration of software as a service (SaaS), business process
outsourcing (BPO), and open source over traditional on-premise
software.
2
New business models for software use by service providers
(software-within-a-service).
3
Web 2.0-like functionality moves into the enterprise (e2.0).

"IGLOO is thrilled to be named as a top innovating company in the enterprise
space," says Dan Latendre, CEO of IGLOO Software. "Disruptive forces are
compelling companies to rethink their traditional enterprise technology
architectures in order to stay competitive, manage risk and build capacity
across the entire organization."

IDC's "Companies to Watch" reports are a qualitative evaluation of a set of
vendors within a specific market - they are not a stack ranking nor do they
represent an exhaustive evaluation of all companies in a segment or a
comparative ranking of the companies in the report.

About IGLOO Software

IGOO Inc. is develops online communities and social software solutions for
organizations of any size. Our suite combines Web 2.0 technology with on-demand
hosting, consulting, e-engagement and all of the community support services
necessary for a sustainable and successful deployment.

Organizations use IGLOO communities internally to improve employee productivity
(Workplace Communities) or externally to foster relationships with members,
customers, partners and suppliers (Marketplace Communities). Fully integrated
collaboration, knowledge sharing and Web 2.0 social networking tools enable
organizations to quickly and cost-effectively create online communities to
leverage talent, knowledge and relationships across organizational and
geographical boundaries. IGLOO is funded by RBC Venture Partners. Jim Balsillie
is Chair of the IGLOO board.

For more information visit: http://www.igloosoftware.com.

Key Words: Online communities, corporate social networking, IGLOO, content
management, collaboration, SaaS, collaborative software, Web 2.0, IDC

IGLOO Software
Jillian Skene, 519-489-4120 x305
jskene@igloosoftware.com

Copyright Business Wire 2009