CARY, N.C., June 30, 2006 – Ultimus, the leading provider of Business Process Management (BPM) software and solutions, with more than 1,600 customers worldwide, today announced it has been positioned by Gartner, Inc. in its “Magic Quadrant for BPMS 2006,” Janelle B. Hill and Jim Sinur, June 2006. Ultimus was one of 17 vendors evaluated by Gartner based on completeness of vision and ability to execute included in its research report.

“We believe the inclusion of Ultimus in the BPMS 2006 Magic Quadrant is confirmation of Ultimus’ capabilities and market position in BPM,” said Rashid Khan, CEO and co-founder, Ultimus, Inc. “We are a growing, global company that is driven by customers needs. One of our goals is to return ownership of business processes to business professionals by making it easier and faster to design, use, adapt, monitor, and adjust processes in Ultimus than in any other BPM Suite. We are encouraged that the market is recognizing the importance of building in rich, collaborative, human-centric and adaptive capabilities and that Ultimus is highlighted for having one of the most potent human-to-human capabilities in the market and for being extremely easy for the business user to grasp and leverage.”

The Ultimus BPM Suite, powered by Adaptive Discovery™ technology delivers demonstrable ROI through a programming-free process modeling and development environment, flexible integration, workflow capabilities, powerful management tools and easy to use Web interfaces for process participants. The software allows processes to be dynamically adapted in real-time by process experts to address changing business conditions quickly and easily.

In order to be positioned in the Magic Quadrant for BPMS, a vendor’s product must deliver strong capabilities in 10 core feature areas, including human task support, business process/policy modeling and simulation and business activity monitoring (BAM). Continuing its longstanding tradition of technical innovation in the BPM market, Ultimus announced this week the availability of the Ultimus iBAM Suite, which provides roundtrip optimization and an easy-to-use, yet powerful way for business owners and managers to visually monitor key performance indicators (KPIs) from the convenience of their desktops and interactively control processes in real time. Organizations that want dynamic process optimization can feed the Ultimus iBAM KPIs into the Adaptive Discovery rules engine and deploy self-adjusting processes.

In addition, Ultimus is deploying BPM through its BPM-based solutions that include more than 30 Functional Blueprints and 2,400 Ultimus Process Prototypes that provide a template-like approach and enable organizations across any industry to align BPM with their business goals and to jump-start their process design and development.

Ultimus has a rich history in human-centric BPM and is a recognized leader in the market. The company has the largest world-wide footprint with offices in 16 countries, a product available in 20 languages, and the largest number of processes deployed of any BPM vendor worldwide.

Ultimus is on a continued path for growth and success. Highlights include significant revenue growth, building out worldwide capabilities, new customer wins and current customer expansion, as well as continued product innovation. Over the past year, Ultimus has added more than 100 new customers around the world. Combined with expanded deployment of many existing customer environments, this drove revenue growth of over 30 percent.

Ultimus was also named a five time recipient of the Deloitte Technology Fast 500, one of KMWorld’s 100 Companies that Matter in Knowledge Management for five consecutive years, a Software Company of the Year finalist in the NCTA21 Technology Awards, a finalist in the KM World Promise Award, and a finalist in the VARBusiness Awards. In addition, Ultimus’ customer Grupo Financiero Uno was a Gold Winner of the 2005 Global Excellence Awards for innovation and excellence in BPM and workflow implementations from WfMC and Workflow and Reengineering International Association (WARIA).

About the Magic Quadrant
The Magic Quadrant is copyrighted June 28, 2006 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Ultimus
Ultimus is the worldwide leader in human-centric Business Process Management (BPM) software, providing the industry's most complete and scalable platform for modeling, automating, managing and optimizing business processes. Powered by Adaptive Discovery™, the Ultimus BPM Suite is the only BPM suite that enables automated business processes to be deployed without completely defined process maps. Its Microsoft-based platform is quick to deploy and easy to administer, and its integration capabilities provide seamless information transfer between applications and outside organizations. Long recognized as a BPM pioneer, Ultimus has automated more processes than any BPM vendor, resulting in reduced cycle times, lower costs, improved productivity and higher customer satisfaction for its clients. Ultimus’ award-winning BPM Suite is available in 20 languages and is deployed by more than1,600 customers across every industry, including 100 of the world’s largest enterprises. Headquartered in Cary, NC, Ultimus has offices in North America, South America, Europe, Asia, the Middle East and Australia and supports a network of 80 worldwide partners.