RAVENFLOW REPORTS RECORD REVENUE FOR 2008

Ravenflow caps growth year with multi-million dollar contract from global systems integrator

EMERYVILLE, CA—January 12, 2009—Ravenflow™, the leader in Business Process Requirements Definition™, today announced that sales of RAVEN software licenses in 2008 more than doubled over 2007. Ravenflow also announced a multi-million dollar, multi-year contract with a major global systems integrator.

"Even in this tough economic climate, demand for our award-winning RAVEN solution for business process requirements definition continues to climb," said Susan Boers, president and CEO of Ravenflow. "The fact that one of the preeminent global systems integrators, who has been a long time user of RAVEN, chose this time to roll out RAVEN to 15,000 analysts demonstrates that investing in solutions that improve business processes can pay off in reducing costs, increasing customer satisfaction, and accelerating time to market. This is the second Fortune 100 company to standardize on RAVEN across the enterprise for business process improvement and requirements projects in the fourth quarter of 2008."

With the new release of RAVEN 5.0, as well as 2009 advantageous pricing changes, RAVEN sales are expected to continue to increase. At the end of 2008, even before these numbers were released, analyst firm IDC named Ravenflow the fastest growing vendor in the requirements field.

About Ravenflow
Ravenflow provides business process requirements definition software that empowers business analysts to rapidly plan, define, and validate business requirements specifications for process improvement and application development projects. Ravenflow's award-winning RAVEN software enables business analysts to quickly build stakeholder consensus and produce clear requirements specifications that both business and IT can understand. RAVEN reduces rework due to requirements errors while seamlessly linking requirements with downstream development and testing activities through integration with IBM Rational, IBM Telelogic, Microsoft Visual Studio, and HP Quality Center products. For more information, please www.ravenflow.com.



All products mentioned in the release are trademarks or registered trademarks of Ravenflow. All other trademarks, trade names, and/or product names are used solely for the purpose of identification and are the property of their respective owners.

Press Contact:

Adam Frankl
Vice President, Marketing, Ravenflow
adam.frankl@ravenflow.com