RAVENFLOW ANNOUNCES RECORD REVENUE GROWTH AND MARKET RECOGNITION IN 2009

Emeryville, CA—February 1, 2010—Ravenflow, the leader in visual requirements definition software, today announced that it achieved record revenues in 2009, tripling the number of customers from 2008.

"2009 was a challenging year for everyone," said Susan Boers, president and CEO of Ravenflow. "Our customers were faced with downsizing, mergers and acquisitions, and budget reductions while still having to maintain quality, increase productivity, and improve customer satisfaction. Using RAVEN has altered the way organizations look at gathering and documenting business requirements. We are pleased to announce that we doubled license revenues and experienced strong maintenance retention with Fortune 1000 customers across several key verticals, including system integrators, life sciences companies, telecommunications, and financial services organizations."

"2009 was also a significant year for us as we introduced new, innovative products and were recognized for those achievements," Boers said. "Major product launches included the RAVEN Express plug-in for Microsoft Word and RAVEN Visual Analyzer for IBM Rational Requirements Composer. We were honored by IBM Rational as the 2009 ISV Business Partner of the Year, and won the 2009 Jolt Productivity Award."

"We set a new record in bringing our best practices expertise to a global community of practitioners, CIOs, and business managers," Boers said. "Tens of thousands of people have attended our webinars, watched our YouTube videos, and conversed with our best practices experts through our RAVEN blog. And with an average of more than 500 registrants per week, our Requirements Best Practices webinars are the most watched requirements webinars on the Internet."

Based upon patented language processing technology, RAVEN allows business people to describe their needs in plain English, then automatically identifies missing requirements while generating visual process and use case diagrams that all stakeholders can understand. With its distinctive business orientation and process-based approach to requirements definition, RAVEN is uniquely suited for use on both enterprise process improvement and application development projects.

About Ravenflow
Ravenflow is the leading provider of visual requirements definition software that allows companies to gain better insight, clarity, and quality in their process improvement and application development projects. Leveraging a uniquely business-driven and process-based approach, Ravenflow transforms requirements definition by empowering business analysts to rapidly produce clear specifications of their business process workflows, business use cases, and business application needs. Ravenflow recently was named the fastest growing company in the requirements market, received the 2009 Jolt Productivity Award and the 2009 IBM Rational Partner of the Year Award, and was selected as a Gartner "Cool Vendor in Application Development."


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.

Media Contact
Adam Frankl, Vice President of Marketing
Ravenflow
650-823-4057
adam.frankl@ravenflow.com