RAVENFLOW WINS SILICON VALLEY/SAN JOSE BUSINESS JOURNAL'S EMERGING TECHNOLOGY AWARD FOR COLLABORATION

EMERYVILLE, Calif. - November 17, 2006 - Ravenflow, the only company delivering automated requirements validation for application development organizations, today announced that it was selected as the Collaboration category winner of the Silicon Valley/San Jose Business Journal's Emerging Technology Awards (ETA). Aimed at celebrating tomorrow's leaders today, the annual ETA awards honor Silicon Valley's spirit of innovation and entrepreneurship.

"This recognition as one of the most innovative emerging companies in technology-rich Silicon Valley is an incredible honor and speaks to the hard work of everyone from the founders on down," said Joe Marasco, president and chief executive officer of Ravenflow. "We are proud of the contribution that Ravenflow is making in software development and believe that this recognition underscores our novel approach to bridging the gap between business expectations and software delivery."

"RAVEN's powerful requirements visualization technology plugs early leaks in the software development pipeline that can lead to catastrophic consequences, such as building the wrong product," explained Cris Kobryn, chief executive officer and founder of PivotPoint Technology Corporation, a software and systems engineering services company focusing on Model-Driven Engineering Solutions™ for tough business and technical problems.

"Business requirements are typically captured by imprecise text documents and text-based use cases which are typically verbose and inconsistent," Kobryn continued. "The 'Garbage In, Garbage Out' principle applies here, so software developers who receive flawed requirements will predictably struggle to translate them into precise models and bug-free software, often introducing new errors along the way. RAVEN technology fixes this problem at the business requirements origin by automating the validation and translation of text-based requirements into precise visual models, so that developers build the right product."

The only solution available that automates the creation, specification and validation of requirements, Ravenflow's RAVEN solution empowers the entire business and software development team to collaborate, communicate and manage risk during the requirements validation process. RAVEN automatically generates visual models from plain English text, enabling even non-technical project stakeholders to gain immediate feedback on use cases. By facilitating the creation of precise, high-quality requirements that everyone can understand, RAVEN significantly reduces the frequency of software project failure and the cost of re-work by insuring that developers are writing code to requirements that truly meet the business users need.

Said Business Journal Publisher, Vintage Foster, "Ravenflow and the other companies we are celebrating have pioneered technologies with the potential to profoundly impact people and their businesses."

About The Silicon Valley/San Jose Business Journal
The Silicon Valley/San Jose Business Journal is an award-winning newspaper in Silicon Valley. Published each Friday, it reaches more than 64,700 business executives throughout the world's most dynamic business region. For more than two decades, The Business Journal has identified and chronicled the emerging companies and trends that fuel the valley.

About Ravenflow
The award-winning Ravenflow is revolutionizing the way that software requirements and business processes are developed and validated. Because requirements errors are the primary cause of project failure and budget and schedule overruns, enterprises need to detect and correct requirements errors early. Ravenflow's Requirements Authoring and Validation Environment (RAVEN) automatically generates visual models from plain English text. Customers across all business sectors, including ADP, Charles Schwab, Citco, ConEdison, Kaiser Permanente and the World Savings Bank are using RAVEN to deliver software developed for the most valid and precise business requirements.



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 Contacts:

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

Robyn Fernsworth
Kickstart Consulting for Ravenflow
rfernsworth@kickstartconsulting.com
415-346-5260