ChannelIQ Selects Actuate For Real-Time Sales Reporting; Actuate Chose

    Business Editors/High-Tech Editors

    SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--April 18, 2005--Actuate Corporation (NASDAQ:ACTU), the world leader in Enterprise Reporting Applications, today announced that it has been selected as the reporting component for ChannelIQ's Channel Analysis, a Web-based reporting service that allows customers to manage channel sales relationships more effectively. Actuate's Enterprise Reporting Application Platform capabilities will be instrumental in providing a solution which will enable manufacturers to better manage their channel relationships, thereby growing revenues, reducing expenses and increasing partner loyalty.
    ChannelIQ chose Actuate after a rigorous selection process, which demonstrated that Actuate provided the sophisticated functionality to enhance Channel Analysis, but was flexible and scalable enough to meet future needs and accommodate growth. Actuate will serve as the primary interface for executive, sales and marketing users who wish to view sales channel reports and dashboards. Actuate has enabled Channel Analysis to provide a "zero-footprint" hosted solution which does not require any downloads or plug-ins for Web-based viewing, and does not depend on IT resources from the manufacturer for deployment.
    "Actuate's capabilities enable Channel Analysis to assist end users in deciphering the overwhelming amount of sales data they receive from distributors," said John Hulina, president and general manager, ChannelIQ. "Actuate's intuitive reporting interfaces help users realize the power of right-time sales reporting. The result is more profitable relationships with resellers, retailers and other channel partners and distributors."
    "Accurate sales reporting that can be adopted by 100% of intended users is key to improving corporate performance for all enterprises," said Nobby Akiha, vice president of Marketing at Actuate Corporation. "We're excited to see Actuate's technology embedded in ChannelIQ's product line because it equips end users with useful sales information that enables them to build a more fruitful channel strategy."

    About ChannelIQ Inc.

    ChannelIQ Inc. was founded in 2002 with the vision of providing software publishers and hardware manufacturers timely, accurate and meaningful point-of-sale information needed to maximize channel relationships. ChannelIQ offers a platform that allows companies selling product through indirect sales channels -- wholesalers/distributors, resellers, dealers and more -- to comprehend sales activity at each level. Channel sales and marketing teams are empowered with a view into every detail of resellers' buying behavior. Its flagship product, Channel Analysis, analyzes and presents volumes of sales data in a clear, concise online reporting tool. Channel IQ helps customers define the business intelligence parameters they may track that will lead to a successful growth and profitability plan. ChannelIQ is based in Newport Beach, Calif., and be found online at www.channeliq.net.

    About Actuate Corporation

    Actuate Corporation is the world leader in Enterprise Reporting Applications that ensure 100% adoption by users. Actuate's Enterprise Reporting Application Platform is the foundation on which Global 9000 organizations (companies with annual revenues greater than $1 billion) and packaged application software vendors develop intuitive, Web portal-like reporting and analytic applications that empower 100% of users with decision-making information. These applications are deployed inside and outside the firewall to improve corporate performance across a range of business functions including financial management, sales, human resource management, and customer self-service. When tested against other business intelligence products, Actuate's Enterprise Reporting Application Platform has been proven to offer industry-leading scalability and the lowest Total Cost of Ownership. Actuate has over 3,000 customers globally in a range of industries including financial services, pharmaceuticals, insurance, and distribution services, as well as the government sector.
    Founded in 1993, Actuate has headquarters in South San Francisco, Calif., and has offices worldwide. Actuate is listed on the Nasdaq exchange under the symbol ACTU. For more information on Actuate, visit the company's Web site at www.actuate.com.

    Copyright(C) 2005 Actuate Corporation. All rights reserved. Actuate and the Actuate logo are registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. All other brands, names or trademarks mentioned may be trademarks of their respective owners.

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CONTACT: Actuate Corporation Leena Bengani, 650-837-4837 lbengani@actuate.com or WunderMarx Inc. (for ChannelIQ) Cara Good, 949-860-2434 ext. 312 cara.good@wundermarx.com

KEYWORD: CALIFORNIA INDUSTRY KEYWORD: HARDWARE SOFTWARE INTERNET E-COMMERCE PRODUCT MARKETING AGREEMENTS SOURCE: Actuate Corporation

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