Actuate Names Philip Strauss New General Counsel

    Business Editors/High-Tech Writers

    SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Feb. 10, 2005--Actuate Corporation (Nasdaq:ACTU), the world leader in Enterprise Reporting Applications, today announced that it has appointed Philip Strauss to the position of Vice President of Corporate Development and General Counsel. Strauss will report to Dan Gaudreau, Actuate's CFO, and has been appointed to the executive staff.
    Philip Strauss comes to Actuate with over a decade of diverse legal experience, primarily in the software space. Strauss joins Actuate from Adobe Systems, where he handled strategic licensing, M&A and employment matters. Before Adobe, he was Vice President and General Counsel at Brio Software and Senior Counsel at Hyperion Solutions. Strauss has also served as a corporate associate at Shearman & Sterling LLP in New York and as a litigation associate at Jones Day in Chicago.
    "Philip Strauss brings to Actuate a wealth of legal experience combined with a keen business sense," said Dan Gaudreau, Actuate's CFO and senior vice president of Finance and Administration. "His breadth of expertise which includes corporate governance, regulatory compliance and intellectual property protection, adds strength to our team and positions Actuate for continued growth."
    Philip holds a B.A. in International Relations from Emory University, a J.D. from Duke University, and is completing an MBA from the Haas School of Business at the University of California, Berkeley. He is currently the President of the 1,000-member San Francisco Bay Area Chapter of the Association of Corporate Counsel-America (ACC-A) and has chaired several ACC-A committees at the national and local levels.

    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 2,900 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

KEYWORD: CALIFORNIA INDUSTRY KEYWORD: SOFTWARE NETWORKING INTERNET E-COMMERCE MANAGEMENT CHANGES SOURCE: Actuate Corporation

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