Guidewire Software Responds to Accenture Lawsuit

Guidewire Software(R), a leading provider of solutions to property
and casualty insurers, issued its initial response to Accenture´s
announcement earlier today of the filing of an alleged patent
infringement and trade secret misappropriation against Guidewire
Software in United States District Court for the District of Delaware.

Guidewire first learned of the allegations this afternoon via
press reports. Accenture has never notified Guidewire of any
allegation of infringement or misappropriation or any other concern
and Guidewire was not previously aware of the patent mentioned in
Accenture´s press release. Also, Guidewire has not seen the complaint
as Accenture has not yet served it or otherwise provided it to
Guidewire.

Guidewire´s policy is to respect the intellectual property rights
of all third parties. Guidewire has not yet had the opportunity to
examine the patent at issue, but Guidewire has not misappropriated any
trade secrets of Accenture and it has no knowledge that it infringes
the patents, including Accenture. Guidewire intends to timely respond
to Accenture´s claims and will defend itself in this action to ensure
that its rights are fully protected.

"Guidewire did not and would not misappropriate trade secrets or
willfully infringe on any patents," said John Raguin, chief executive
officer, Guidewire Software. "We conduct our business with the utmost
integrity. We will review the details of the allegations and respond
in the appropriate manner."

About Guidewire Software

Guidewire Software is a leading provider of technology solutions
to property and casualty insurance and workers´ compensation insurers.
Guidewire delivers proven software to run core insurance operations,
including billing, underwriting, policy, and claim management. The
Guidewire Insurance Suite(TM) consists of Guidewire ClaimCenter(R),
Guidewire PolicyCenter(R), and Guidewire BillingCenter(TM), which
provide a modern, web-based platform for all lines of business.
Guidewire is headquartered in San Mateo, California, USA, with offices
in Toronto, London, Munich, and Sydney. For more information, please
visit www.guidewire.com.

NOTE: Guidewire, Guidewire Software, Guidewire ClaimCenter,
Guidewire PolicyCenter, and the Guidewire logo are registered
trademarks; Guidewire Insurance Suite and Guidewire BillingCenter are
trademarks of Guidewire Software, Inc.