Seapine Software Experiences Record Growth in 2006

Seapine Software, Inc., a global provider of quality-centric
application lifecycle management (ALM) solutions, today announced that
it continues to experience strong revenue performance and its eleventh
year of annual license growth. With sales growing faster than the
market rate for ALM vendors, Seapine added over one thousand new
companies as customers of its award-winning software configuration
management, defect tracking, and automated software testing solutions.

Seapine's record growth in 2006 was driven by increased worldwide
adoption of the company's TestTrack(R) Pro, Surround SCM(R), and QA
Wizard(R) solutions by leading organizations such as Logitech,
Novartis Pharmaceuticals, Siemens, and the National Institutes of
Health. Seapine's outstanding showing was accelerated by the release
of two new products in the fourth quarter--TestTrack(R) TCM for test
case planning and tracking, and TestTrack(R) Studio for complete
management of development processes, issues, and quality.

"Companies understand that developing software, either for
internal use, as packaged software, or imbedded software in devices,
has become a critical core competency that presents an opportunity for
process improvement, cost savings, and risk mitigation," said Richard
Riccetti, president and CEO, Seapine Software. "Using our tools in the
software development process allows development and IT departments to
create better software faster, with a high degree of confidence in the
quality of the application."

According to Tom Carozza, director of strategy, Seapine Software,
"The consistent growth that Seapine experienced in 2006 is a clear
demonstration that major, global organizations recognize the value of
effective software development practices and they are choosing
Seapine's quality-centric ALM tools to manage change and improve
processes and quality in their software development activities."

Global organizations are successfully using Seapine's tools to:

-- Provide real-time, secure access to source code files and
issues while enabling parallel development, facilitating team
communication, managing processes and tools used to create
repeatable builds, and ensuring configuration changes are
tracked.

-- Track and prioritize tasks, issues, and work items while
streamlining communications and meeting critical compliance
and policy requirements, such as Sarbanes-Oxley.

-- Automate functional and regression testing while tracking
development-related defects and controlling changes to test
scripts.

All of Seapine's ALM products generate metrics-rich, customizable
management reports and enable compliance with internal and external
management controls. Seapine's tools enable a variety of popular
software development methodologies and help managers implement and
enforce industry-recognized software engineering best practices.

About Seapine Software

With over 8,000 customers worldwide, Seapine Software, Inc. is the
leading provider of quality-centric application lifecycle management
solutions. Headquartered in Mason, Ohio, with offices in Europe and
Asia-Pacific, Seapine solutions help companies reliably and
efficiently develop quality software applications. Seapine's products
support best practices, integrate into all popular development
environments, and run on Microsoft Windows(R), Linux(R), Sun
Solaris(R), and Apple Macintosh(R) platforms. Visit www.seapine.com
for more information about Seapine.