30% Revenue Growth Driven by Key Customer Wins, Product Innovation and Strategic Partnerships

London – March 15, 2011 – On the eve of its sixth Discover User Conference, Endeca Technologies, Inc., a search and business intelligence (BI) company, today announced continued growth and innovation, including license bookings growth in excess of 60 percent, record profitability, record cash generation and a $150M annualised run rate for FY 2010. With growing strength in all areas of its business, Endeca is also rapidly expanding its worldwide team, hiring more than 130 employees over the last 12 months.


Endeca LogoCustomers Find What They Are Looking for With Endeca
Endeca completed transactions with nearly one third of the Fortune 100 over the last year, with wins on five continents. This success spans a wide range of industries with both new and existing customers, including Aramark, Australia Department of Justice, B&H Photo, eHealth Ontario, John F. Kennedy Presidential Library, Mattel, Nissan, Toyota and The (U.S.) Census Bureau. Growth is stemming from strong market penetration of both the eBusiness and Endeca Latitude® platforms.

Search and BI Pioneer Continues to Innovate
Last October, Endeca launched Endeca Latitude to bring consumer ease of use and agile delivery to enterprise information workers struggling to gain control of an explosive volume and variety of data. This innovative data analysis platform is powered by the industry’s first hybrid search-analytical database for BI, which combines the scalability of columnar data storage with the performance of in-memory analytics to enable speed-of-thought search and aggregation of complex data brought together from inside or outside the company, static or frequently changing.

Consistent with Endeca’s leadership and innovation in the global eBusiness market, in 2010 the company also introduced Endeca Mobile Commerce, Multichannel Commerce with hybris, and the Endeca Commerce Suite. Together, these products and enhancements are enabling customers to create industry-leading commerce applications that reach consumers anywhere, and at any time.

Strategic Partners Extend Endeca Value
Endeca is also engaged in key strategic partnerships focused on extending the value of its product offerings. Endeca is building on established relationships with key partners Informatica Corporation and SAP AG. Last October, the company partnered with MeLLmo, a leader in innovative mobile apps, to deliver new mobile BI applications that enable in-the-moment, on-the-go decision-making. Endeca has also partnered with hybris, bringing together Endeca's industry-leading user experience and contextual merchandising capabilities with the configurable hybris eCommerce Platform and built-in Product Content Management (PCM) system.

Industry Responds with Accolades
Endeca has been honored with several industry accolades, including recognition in the 2011 Gartner Magic Quadrant for Business Intelligence Platforms and achieving a “Strong Positive” score, the highest possible rating, in the Gartner MarketScope for Enterprise Search. Other notable recognition for Endeca includes:

•Named one of the Top 100 companies in the Digital Content industry by EContent Magazine;

•Named one of the Twenty Companies to Watch in 2010 by CIO UK Magazine;

•Selected to present “Cool BI: The Latest Innovations” at TDWI World Conference;

•Recognised by KM World Magazine’s as “100 Companies that Matter in Knowledge, Management” list for the ninth consecutive year; and

•Named a "Trend-Setting Product of the Year for 2010" by KMWorld Magazine for the seventh consecutive year.

“The introduction of Endeca Latitude last Autumn represents the culmination of sustained research and development efforts aimed at migrating our deep experience in consumer ease of use that characterises our eBusiness solutions, to the enterprise agile BI market,” said Steve Papa, CEO of Endeca. “We are now strongly positioned to deliver integrated BI applications that give decision makers, both consumers and in the enterprise, complete and straightforward visibility into all the relevant information they need.”

Endeca is poised to celebrate these accomplishments with its community of customers and partners at Discover 2011 at the Arizona Biltmore, in Scottsdale. At this event the company will honor global customers with the 2011 Endeca Navigator Awards in recognition of their visionary search and BI applications built on the Endeca platforms.

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