Serena Software Launches First Mashup Exchange

Bangalore, India, April 1st, 2009 – Yahoo! (NASDAQ: YHOO) today announced the availability of Yahoo! Mobile, an open and highly-personalized mobile starting point to the Internet, on both the mobile Web and as an Apple® iPhone app, allowing consumers to discover, stay connected and stay informed through their mobile devices.

Announced at Mobile World Congress* in February, Yahoo! Mobile for the Web is now available across more than 300 devices with HTML-enabled mobile browsers by visiting http://in.new.m.yahoo.com, while the Yahoo! Mobile iPhone app is now available in the Apple iPhone App Store. Both are currently available in eight countries across Europe, Asia and the Americas, including the U.S., Canada, the U.K., Germany, France, India, Indonesia and the Philippines, with additional localized versions expected to launch over the next several months.

“Consumers around the globe are demanding compelling mobile Internet services that offer increased personalization,” said David Ko, senior vice president, Yahoo! Mobile. “To further capitalize on the market potential and continue our mobile leadership, we created Yahoo! Mobile, a dynamic starting point enabling consumers to discover the world around them, stay connected through a variety of communication services, and customize content to define their Internet experience on mobile devices.”

Yahoo! Mobile – the starting point on mobile devices

With a feature-rich design and interactivity that maximizes the capabilities of today's mobile devices, Yahoo! Mobile offers an open environment within which consumers can bring together their favorite content and services from across the Internet. Consumers can now make their Internet experience on mobile personally relevant through the ability to:

· Discover: via results from Yahoo!'s award-winning mobile search and editor-selected content;

· Stay Connected: through access to email and social network accounts from the most popular Web providers, as well as instant messaging, address book and calendar tools;

· Stay Informed: by bringing together favorite content - websites, sports teams, news sources, RSS feeds, weather, stocks, horoscopes and more - into a single location.

Enabling the growth of mobile advertising

Yahoo! Mobile for Web will feature display advertising from leading brands. Consumers can interact with these rich media ads through functions such as send to a friend, locate a dealer, clicking to call the advertiser directly or the ability to learn more information about the advertiser's offer. With some of the highest quality inventory available and a highly-engaged user base, Yahoo! is focused on creating scale for advertisers by helping them reach their targeted audience wherever they are.

About Yahoo!

Yahoo! Inc. (NASDAQ:YHOO) is a leading global Internet brand and one of the most trafficked Internet destinations worldwide. Yahoo! is focused on powering its communities of users, advertisers, publishers, and developers by creating indispensable experiences built on trust. Yahoo! is headquartered in Sunnyvale, California. (YHOO -- M)

For more on Yahoo!'s mobile news please visit http://in.mobile.yahoo.com/newsroom.

Yahoo!, the Yahoo! logo, Yahoo! Mobile, and Yahoo! Messenger are trademarks and/or registered trademarks of Yahoo! Inc. All other names are trademarks and/or registered trademarks of their respective owners.

This press release contains forward-looking statements that involve risks and uncertainties concerning Yahoo! Mobile (including without limitation the statements contained in the quotations from management in this press release), as well as Yahoo!'s strategic and operational plans. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, the possibility that the expected implementation of Yahoo! Mobile, including its planned features and platforms, described may be delayed, may not ultimately be implemented, or if implemented may not be successful; consumers may not accept or respond as positively to Yahoo! Mobile as anticipated; and competitors may offer similar competing services. Yahoo! does not intend, and undertakes no duty, to update this information to reflect future events or circumstances. More information about potential factors that could affect the Company's business and financial results is included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Annual Report on Form 10-K for the year ended December 31, 2008, which is on file with the SEC and available at the SEC's website at www.sec.gov.

Bangalore, — March 6th, 2009 — Are you an Agile enthusiast wondering how to take the software development process to the next level within your organization? Or maybe you suffer from “Agile envy” and wonder how to convince your boss that Agile is the future of application development. Look no further, Agile friends. Serena Software has the answer.

Be the Agile hero at your organization by referring your organization to participate in Serena’s Agile Product Preview. If your organization is selected and participates in the Agile Product Preview, you will receive a $50 Visa gift card. To register, visit Serena’s Web site and answer a brief questionnaire about the current development practices within your organization. Up to 150 organizations will be selected to participate in the Agile Product Preview based upon evaluation by Serena, and eligible participants will be entitled to use Serena’s Agile Product without charge through May 31, 2009. Those who want to take advantage of the full, free 90-day trial should enter immediately.

“Serena is introducing this product preview as a way to collaborate with developers and their management on the front lines of Agile practices. Use of Agile is on the rise in IT shops around the world, and Serena is here to help developers embrace the future of application development,” said René Bonvanie, senior vice president of Marketing, Information Technology, and Serena On Demand at Serena Software.

According to Forrester Research senior analyst, Jeffrey Hammond, one-third of application development professionals registered at forrester.com said their shops use Agile.[1]

Still Not Sure? More Reasons to Go Agile with Serena

· Pure Agile: Serena is the first major application development tools vendor to deliver a 100 percent pure Agile solution -- built by Agilistas (including the co-creators of Scrum) for Agilistas.

· Multi-Project, Multi-Team: Serena’s Agile solution is ready for the enterprise. It can manage multiple projects worked on by multiple teams in multiple locations.

· Lean Yet Enterprise Scale: With today's economic reality, Serena delivers an enterprise-class solution that's lean all the way from purchase to implementation. You can be up and running in minutes with our secure On-Demand service.

· Agile Coach: Serena offers a new approach to adopting Agile practices by coupling the developer tool with Agile adoption and training services from Valtech, an industry-leading Agile services provider and Serena partner.

“Agile is here to stay, but it’s not always easy to make the transformation or adopt it alongside your existing methodologies,” Bonvanie said. “Serena’s tools make adopting Agile practices easier and faster, and also help to lower costs regardless of the size and complexity of your projects. With 28 years’ experience building application development tools, there is no one better than Serena to help with your move to Agile.”

Serena Software, Inc. Serena is a privately owned company, headquartered in Redwood City, California, with 29 offices in 14 countries and approximately 800 employees. Serena provides software on premise and on demand to over 15,000 customers including 96 of the Fortune 100. Serena enables teams of programmers to become more efficient by standardizing and automating development processes across both mainframe and distributed environments. Serena enables IT business analysts and power users to improve productivity with Lean Business Process Management (BPM) solutions such as Serena Business Mashups. Serena also provides tools that enable IT executives to gain visibility into their projects, resources and costs (in waterfall and agile). .. For more information on Serena, visit http://www.serena.com.

Bangalore, 05th March 2009: Yahoo! India, the leading Internet company has roped in some of the top creative minds in the advertising industry as its elite panel of judges for Uncannies, an online portal designed to identify the most creative work in the field of advertising (www.uncannies.com)

Cyrus Oshidar, Creative head – BBC, Pushpendra Misra from Flying Saucer Films, Malvika Mehra, Group Creative Director – Ogilvy & Mather Advertising and Karl Gomes, National Creative Director, Digital Rediffusion | Y&R constitute the elite panel of judges for Uncannies.

Creative agencies as well as individuals from print, television, radio, outdoor and the online medium have already posted over 300 of their best work on the Uncannies website www.uncannies.com in less than three weeks of Launch. Till date, creatives on print seem to have dominated most entries followed by outdoor, radio and TV.

“We are delighted to have top creative minds of the industry as panel of judges for Uncannies. It’s a great validation of our efforts to reward creativity and surface the best and brightest talent in our industry said Nitin Mathur, Director – Marketing, Yahoo! India”

According to Malvika Mehra, Group Creative Director – Ogilvy & Mather Advertising, “Yahoo! has always been associated with great ideas. Uncannies is a platform to showcase creative talent as well as Yahoo!’s faith in great ideas. I personally think it's a grand gesture for a corporate to applaud talent, akin to a 'Corporate social responsibility' campaign in a way. By sending the winners to Cannes, Yahoo! has truly demonstrated that they believe in putting their money where their mouth is. This initiative truly celebrates great ideas.”

Says Karl Gomes, National Creative Director, Digital Rediffusion | Y&R, “We are at a time where the consumer is consuming content at his own terms and therefore we need a lot of fresh talent with newer, better and more engaging ideas. The need of the hour is fresh ideas & perspectives, thinking for brands and their marketing objective. Uncannies will be a great way to groom potential and existing talent by offering an excellent platform.”

“Congratulations to Yahoo! for creating this unique platform. It’s encouraging to know that this award gives the winners a trip to Cannes, much nicer than a cheap gold plated man with wings,” said Cyrus Oshidar, Creative head – BBC.

Pushpendra Misra from Flying Saucer Films said, “We are in the business of celebrating ideas. I am excited that we would be judging over a body of unreleased creative work as well. Unburdened creative is often sharp and edgy.”

In order to take part in this contest, participants must submit their individual entries directly onto the contest website www.uncannies.com. The deadline to submit entries has now been extended to close on 15th March 2009.

Consumers will also get a chance to rate the shortlisted creative. However, the expert panel’s decision would be final. Besides one grand winner who will get a free trip to Cannes, the next Top 3 winners will walk away with an Apple iPhone each. There is also interesting Yahoo! merchandise as consolation prizes for the next top 100 participants.

About Yahoo! India:

Yahoo! India (www.yahoo.in), launched in June 2000, has established itself as the pioneering and leading Internet portal providing value added services for Web users in India and users abroad with special interest in India.

Yahoo! India seeks to provide a compelling web experience to Internet users. A full range of tools and marketing solutions from Yahoo! India help businesses connect with Internet users and make it a ‘must-buy’ partner of choice for advertisers, globally. Yahoo! India also offers an array of communications, commerce and content services that serve as a starting point for online needs of Internet users.

Bangalore, February 27th 2009: NComputing, the world’s leading provider of ultra low-cost computing, today announced that the company and its technology partners have completed the installation of a massive computerization project for Andhra Pradesh government schools in just four months. This remarkably fast achievement affirms the decision by the Andhra Pradesh government to adopt a shared-computing model using NComputing’s desktop virtualization technology. The accomplishment also demonstrates the success of the government’s Public – Private Partnership to achieve transparency, accountability and efficiency in the education segment.

The ambitious project was funded jointly by the Central and State government under the ICT@Schools scheme. The goal was to bring computer training and e-learning to 5,000 government schools with 1.8 million students and was commissioned in November 2008 after a competitive tender process. Four months later, the schools have each been equipped with an up-to-date computer lab with the latest computer hardware, Microsoft software, trained instructors, and reliable power-supply solutions.

“The government’s goal is to accelerate computing access to the millions of students in its system, but to do it in an economical, eco-friendly way. NComputing plays an important role in achieving that goal,” said Mr. Suresh Chanda, IT Secretary of Andhra Pradesh. "We are pleased that this first milestone has been met and that computing access has been created for 1.8 million students around the state – most of whom have never had the opportunity to even touch a computer.”

“The students and their parents are very happy. The computer is becoming a part of their today and tomorrow,”said Mrs. Pushpavati, Principal, Zilla Parishad High School, Medak.

The computerization project has been successful due to two key factors. First, the government was determined to provide maximum number of computer seats at a minimum cost and chose the NComputing desktop virtualization technology. The NComputing solution is based on a simple fact: today’s PCs are so powerful that the vast majority of students only use a small fraction of the computer’s capacity. NComputing’s desktop virtualization solution taps this unused capacity so that it can be simultaneously used by many students. Each student connects their own monitor, keyboard and mouse to an NComputing device which is then connected to the shared PC. Each student gets a full PC experience. The NComputing devices are easy to deploy, rugged, and only use 1 watt of electricity. The low electricity usage is critical because electricity in India can be expensive and often unreliable. With NComputing, the Andhra Pradesh government will use 90% less electricity compared to a traditional all-PC lab.

The second element of the project success is the Public-Private Partnership model wherein the Government of Andhra Pradesh has awarded turnkey contracts to Education Service Providers (ESPs) like NIIT. This scheme was implemented through a transparent open tendering process and the contracts signed with 8 such ESPs for:

- System integration
- Site preparation
- Facilities creation
- Faculty
- Teaching to students as part of syllabus
- Courseware support
- Facilities management

“We are honored that NComputing was selected for this very strategic initiative as it will teach and empower the next generation of Andhra Pradesh’s workforce,” said Mr. Raj Shah, Chief Marketing Officer, NComputing.“We believe that NComputing’s low cost and energy efficiency makes it the ideal computing platform for the public and private sector, especially in these difficult economic times. In just 2 years, over 40,000 organizations around the world have installed NComputing to expand computing access at an affordable cost. ”

“The Government of Andhra Pradesh has shown a great deal of vision and foresight in designing a model for enhancing the education of the next generation, and the early success is very positive,“ said Mr. L. Balasubramanian, President of NIIT’s School Learning Solutions division.“NIIT has been involved in bringing this cost-effective technology for computerization of schools in Andhra Pradesh. We are happy that the shared-computing technology has been scaled up to 5,000 schools. We feel that this can be a suitable model for schools in other States.”

The computing labs are being used to teach computer skills, office productivity (such as spreadsheets and word processing), as well as subjects like reading and math. The systems run on the Microsoft Windows Server operating system and Microsoft Office Suite. Commenting on the initiative, Ravi Venkatesan, Chairman, Microsoft India, said, “Under our global effort of Microsoft Unlimited Potential, we are committed to support relevant and affordable technology solutions that reach the benefits of technology to the underserved. Education remains an area of priority in India - and one where technology can really bring about a transformation – so it is good to see the success of innovative solutions like NComputing.”

According to Mr. Sankalp Shrie, Senior Manager of Computing Products Research at IDC India, “With CIOs becoming more aware of the need to minimise the cost of power and cooling, 'Green Computing' is graduating from being just a buzzword to the central theme of IT strategy. Desktop Virtualization/Thin Clients could be the answer to many of the questions and issues facing corporate IT managers.

Sankalp further added, "Desktop virtualization as a technology is expected to see more and more takers across a range of applications and environments, as thin-clients witness increased deployment. This kind of scenario may be a boon for knowledge based verticals like Pharmaceuticals, R&D institutions, design firms and other related end-user industries. Desktop Virtualization also potentially offers advantages for verticals like ITeS (BPO, KPO), Travel & Hospitality and Telecommunications where the high cost of real estate space has become an

NComputing began operations in India in 2007 and has been recognized for its role in bringing truly affordable computing to schools, hospitals, factories and business. NComputing is working with nearly 15 states in India to pilot or implement the shared computing solution.

About NComputing, Inc.
NComputing was founded with the vision of making computing affordable for everyone. Headquartered in Redwood City, California, the company's patented technology enables schools, governments and businesses to dramatically lower computing costs, energy consumption and e-waste. NComputing has offices around the world. For more information please log on to www.ncomputing.com

NEW DELHI: While BPO companies are feeling the heat of the global meltdown and resorting to layoffs and other cost cutting measures, their LPO (legal process outsourcing) counterparts are thriving like never before because of the legal activity that has been generated by the sub-prime crisis in US. What is more, the LPO segment reflects the prevailing boom in the legal services industry in India.

Law firms dealing with foreign companies operating in India have also seen an increase in their turnover, even if their work is now more about post-meltdown issues like restructuring, downsizing, layoffs, closure of branches, winding up of subsidiaries and termination notices to collaborators and franchisees.

Take the example of Delhi-based Titus & Co, whose clientele consists almost entirely of foreign companies and governments. Its managing partner Diljeet Titus said, "We have had at least a 50% rise in the volume of transactional work ever since Lehman Brothers imploded two months ago." Since these transactions are mostly related to cost-cutting measures, Titus did his bit for his clients by offering a 20% discount in his fee. "The reduction in our fee is made up for by the increase in the quantum of work as well as the dollar rate," he added.

Fox Mandal Little, the largest law firm in the country, displays more signs of it being business-as-usual. In the last two months, it has recruited 27 more lawyers at various levels, opened its 13th office (which is in Kochi) and forged ahead with negotiations to acquire another law firm. It is poised to recruit more lawyers for its recently launched LPO subsidiary, Legal Circle. The firm's managing partner Som Mandal said, "We are most bullish about our LPO because of the sheer deluge of enquiries we have received from US to do litigation support from India."

The timing of the meltdown could not have been better for LPO companies as the e-discovery law, governing the storage and management of electronic data that might be relevant to litigation, came into effect in US only two years ago. The meltdown has forced more American companies to turn to LPO set-ups in India for help because of the enormous cost differential. For performing document review, a key aspect of the e-discovery process, a senior associate in US is paid $200-300 per hour while an LPO based in India charges barely $25-30 per hour for the same work, according to Mandal's estimate.

Not surprisingly, Pangea3, one of India's largest LPO companies, claims to have registered 100% increase in volumes in the last six months. "We are witnessing an extraordinary influx of work directly or indirectly related to the sub-prime crisis," said CEO Sanjay Kamlani. The surge in Pangea3's e-discovery work involves court disputes among investors, lenders, borrowers, homeowners and banks. Post-meltdown, it is also cashing in on the demand for greater scrutiny of financial transactions and corporate governance.

As Pangea3 CEO Sanjay Kamlani put it, "cost cutting measures have spared budgets only for non-discretionary items like legal services related to litigations and regulatory compliance. While BPOs must deal with delayed decision making, uncertainty and wait for new government policies in US, LPOs grow business almost as a function of the slowdown."

For all the surge in business for LPOs and law firms, there is one part of the legal services industry that seems to have remained relatively unaffected: the vast majority of individual lawyers involved in litigation within the country. P H Parekh, president of Supreme Court bar association, dismissed the suggestion that senior advocates like him were under pressure to accept a fee cut in view of the economic slump. "The demand for top lawyers is so high and the supply of them so little, the worst that may happen is that the number of briefs we return for want of time may come down," Parekh said.

NComputing has been chosen to supply a massive 5,000-school educational computing initiative in the Indian state of Andhra Pradesh. The initiative will provide computing access to 1.8 million children throughout the state. Andhra Pradesh is the largest and most populous state in South India. Andhra Pradesh will contract leading education IT firms to build the computer labs in 5,000 schools totaling 50,000 computing seats over the coming few months. The win marks the largest single deployment of NComputing’s solution in India. The decision to deploy NComputing’s low-cost and eco-friendly solution establishes the government of Andhra Pradesh as an innovator in educational computing and provides a blueprint for other governments and institutions considering similar projects.

By leveraging NComputing, the government will save $20 million in up-front and ongoing costs. The government will also use 90% less electricity compared to a traditional all-PC solution. “NComputing is proud to have been chosen by Andhra Pradesh to fulfill its vision to improve learning and computer literacy throughout the state,” said Stephen Dukker, chairman and CEO of NComputing. “At about $70 per seat, our solution is the ideal platform to enable schools, businesses, and governments to maximize their PC investment. We are the world leader in desktop virtualization and the scale of this deployment further extends our leadership position.”

The NComputing solution is based on a simple fact: today’s PCs are so powerful that the vast majority of applications only use a small fraction of the computer’s capacity. NComputing technology creates multiple virtual desktops on a single PC so that many users can tap the unused capacity and share it as if each person had their own computer. Andhra Pradesh chose the NComputing X300 solution, which enables up to seven users to simultaneously share one PC.

The computing labs will be used to teach computer skills and office productivity (spreadsheets, word processing) as well as subjects like reading and math. The entire system will run on the Microsoft Windows Server operating system and use Microsoft Office Suite. "India holds a strong position in the knowledge economy today due to the country's consistent investment in education over the years," said Javier Arrupea Gitlin, director, Microsoft Unlimited Potential Group. "In India and around the globe, Microsoft is committed to enabling affordable access to computing for education. Through Microsoft's Unlimited Potential commitment, we are continually looking for innovative and affordable technology solutions that can sustain social and economic progress. Initiatives such as this announced today that leverage the value to educational computing provided by the Windows Server platform represent yet another solution that can help move us towards this goal."

“With the modernization of India’s economy, students are eager to learn the computer skills that will prepare them for the digital workplace – but most government school students have never even had the chance to type on a keyboard or click a mouse,” said Mr. Raj Shah, chief marketing officer of NComputing, “This computerization project shows how forward thinking governments can use proven and practical technologies like NComputing to bridge the digital divide.”

The project is based on an innovative outsourcing model. The Andhra Pradesh government will outsource the entire project for five years to leading educational IT companies, including Educomp, Everonn, NIIT, and Social Computers. The model is referred to as Build, Operate, and Transfer (BOT) and requires the companies to install, staff, and manage the labs. This arrangement helps ensure that the labs are installed quickly and performance benchmarks are met. The five-year period also enables school staff to develop their own competencies in managing the labs and computer-aided teaching.

NComputing’s technology is used by 20,000 organizations in more than 90 countries. In the United States, NComputing has been deployed by over 4,000 school districts in classrooms, computer labs, and libraries. Although smaller in scale than Andhra Pradesh, school districts in North America face many of the same challenges including tight budgets, demand for wider computing access, limited IT support staff, and a desire to use “green” technology.

NComputing uses just 1 watt of electricity (compared to 110 watts or more for stand-alone PCs). “Our students are learning about global warming and increasingly engaged in school initiatives to lower the carbon footprint,” said Richard Potter of Medicine Hat School District. “We rebuilt our computer lab with NComputing and a few PCs and the students planted a hundred trees to create a carbon-neutral computer lab.”

NComputing recently announced that Will Poole, former corporate vice president of Microsoft’s Unlimited Potential Group, has joined as co-chairman.

Bangalore, 12th August, 2008 — A new partnership announced today between application lifecycle management (ALM) leader Serena Software and Valtech, a global provider of strategic software consulting, lean and agile-focused software engineering, skills training and coaching, promises to usher in a new era of Agile software development in the enterprise. Building on its commitment to support the exponential growth of Agile methodologies in the enterprise, Serena is combining its enterprise IT tool-making expertise with Valtech’s transformation, coaching and education techniques to help corporate employees make use of Agile processes quickly and on-demand, without extensive prior training.

Agile is an iterative software development methodology that promotes team collaboration and adaptability throughout a project lifecycle. It’s faster and more responsive than the traditional waterfall model, which takes a purely sequential approach to creating software. As a result, Agile developers deliver software that more closely matches actual customer needs more quickly, since “user stories” replace “specs” in the application development process.

“Agile development methodologies are seeing tremendous adoption in ISVs and IT departments of all sizes,” said Jeremy Burton, CEO of Serena. “We are committed to delivering a pure-Agile toolset via SaaS later this year and are delighted to have Valtech as our partner of choice as we roll that toolset out to market.”

Attendees of the Agile 2008 conference in Toronto (http://www.agile2008.org/) will be able to experience the new partnership firsthand at the “Agile Story Corps Booth,” where conference goers can record personal stories about their Agile experiences. These stories will influence support for Agile in Serena products and services. An extension of the Agile methodology Serena uses to develop products, Agile Story Corps is a way to incorporate users as a part of the development team. This allows Serena products to better meet the needs of its users.

Serena will also be sponsoring free Agile training at the Serena TAG conference taking place September 10-11 in Santa Clara, California.

“Valtech enables organizations to leapfrog the endemic challenges that early Agile and Lean adopters have encountered when attempting to catalyze strategic organizational and personal change within the software and product development lifecycle. A focus on developer adoption without an equal focus on corporate and business alignment has consistently proved ineffective,” said Brad Murphy, CEO of Valtech North America.”

“Valtech’s OnDemand Learning, Training and Organizational change programs identify only those Agile and Lean outcomes that organizations can and should adopt--and do so in ways that lead to quick wins crucial to winning support for sustaining the outcomes that Agile and Lean can provide,” Murphy said. “Together, Serena and Valtech will ensure that business stakeholders, product owners and engineering teams can all equally succeed at acquiring the skill and value that Agile tools and best practices offer across the entire software and product development team while moving quickly to adoption and showing a compelling business return.”

Serena and Valtech jointly will support Serena Agile development tools with training and documentation delivered in a variety of flexible formats, including:

· On Demand: tools and process training for individuals over the Web through the Serena community at http://community.serena.com

· Just in time: 10-minute task-specific training for individuals to help beef up skills before taking a specific step; and

· Traditional training: available as needed.

About Valtech

Valtech is a global provider of high performance enterprise software development, outsourcing, and organizational transformation services. Valtech offers strategic software consulting, lean and agile-focused software engineering, skills training and coaching. The company partners with customers as no development company dares to, by sharing the risk and return of development. Valtech’s OnDemand services are focused on one single outcome: Delivering business agility. Serving customers across a variety of industries, including finance, travel, energy, media, high-tech and online, Valtech OnDemand offerings result in priority business ideas and products converted to working, tested and deployable software every two weeks. Headquartered in Dallas, Valtech North America is a leading member of the Agile Alliance and Agile Project Leadership Network. For more information, please visit http://www.valtech.us/us/index.html

About Serena Software, Inc.
Serena is a privately owned company, headquartered in Redwood City, California, with 29 offices in 14 countries and almost 1,000 employees. Serena provides software on premise and on demand to over 15,000 customers including 96 of the Fortune 100. Serena enables teams of programmers to become more efficient by standardizing and automating development processes across both mainframe and distributed environments. Serena enables IT business analysts and power users to improve productivity with a new generation of Web 2.0 tools to build Business Mashups. Business Mashups automate common, everyday processes, are visual and do not require coding. Serena also enables IT executives to gain visibility into their projects, resources and costs – CIO’s should have access to the same quality of information about IT as the CFO has about Finance. For more information on Serena, visit http://www.serena.com/

Bangalore, July 31st, 2008 — The second release of Serena Software’s on-demand Project and Portfolio Management tool is now available as Software as a Service (SaaS). Serena® Mariner® 2008 R2 gives IT and business users a way to manage their entire project portfolio quickly and easily without creating unwieldy spreadsheets in Excel. The improved interface makes common tasks more intuitive and project data more accessible and secure, helping companies (and individual departments within them) of every size – from small- and mid-size businesses to the enterprise – benefit from the SaaS advantage.

Named a Leader in Project and Portfolio Management (PPM) tools by Forrester[1], Serena Mariner provides total visibility into project status and metrics to ensure the right people are on the right projects at the right time, ultimately delivering more value to the business. Delivered as a service, Mariner further benefits companies large and small by eliminating the need to manage infrastructure or install software, while also providing faster time to value and simple subscription pricing.

“Serena’s commitment to SaaS means we are always looking for better ways to deliver software to our customers. We also look to our customers for ways to make our software better,” said René Bonvanie, senior vice-president of worldwide marketing, partners & online services. “Customers made these Mariner enhancements real, from retuning the user interface around the workflow needs of their businesses, to the specific tasks rolled up into the summary views on the datasheets.”

Like all Serena products delivered via SaaS, Mariner has published pricing and discount schedules. Mariner prices are as low as $18 per user per month, bringing the power of enterprise IT tools within reach of every business, regardless of size.

What’s New in Mariner 2008 R2

Enhancements include:

Improved user experience

· The new Mariner interface is Web 2.0-like to make it easier for users to read and quickly discover important information.

· Widget Space extends the project workspace by adding reports, data, and other content from outside of Mariner.

More accessible platform for all project-related data

· Mariner XceleratorTM: To jumpstart working with Mariner, users can now import resource and project data directly from Excel – a convenient and familiar tool. Using the Xcelerator template, users can quickly and easily add resource teams, roles, rates, and individual team members.

· Updated Microsoft Project Connector: Mariner provides native project scheduling capabilities as well as the option to integrate with Microsoft Project.

· Custom Reporting: Now users can download out-of-the-box report templates, customize them and upload new or customized report templates into Mariner.

Mariner 2008 R2 can be freely trialed here .

About Serena Software, Inc.
Serena is a privately owned company, headquartered in Redwood City, California, with 29 offices in 14 countries and almost 1000 employees. Serena provides software on premise and on demand to over 15,000 customers including 96 of the Fortune 100. Serena enables teams of programmers to become more efficient by standardizing and automating development processes across both mainframe and distributed environments. Serena enables IT business analysts and power users to improve productivity with a new generation of Web 2.0 tools to build Business Mashups. Business Mashups automate common everyday, processes, are visual and do not require coding. Serena also enables IT executives to gain visibility into their projects, resources and costs – CIO’s should have access to the same quality of information about IT as the CFO has about Finance. For more information on Serena, visit www.serena.com.

Bangalore, 29th July, 2008 - Serena Software today announced, it has further expanded its long term partnership with HCL Technologies Ltd. ("HCL"), India's leading global IT services company. As the largest outsourcing partner for Serena, providing product engineering and support for the past seven years, HCL has now implemented Serena® PVCS® Professional, Serena® Dimensions® RM and Team Track to reduce errors, track and manage change in requirements during a project’s lifecycle, thereby improving quality and reducing the time to develop and deploy solutions for HCL customers.

“We at HCL wanted a solution that would ease the work of developers, reduce delivery cycles and help projects have better control over changes to various work products created during the development and enhancement of software solutions. Serena’s products have helped us meet these objectives and achieve cost saving benefits across the organization. We have consolidated all projects/ engagement specific licenses and initiated enablement of HCL teams on various Serena products in order to reduce future cost of support and increase the productivity of teams.” said S. Sivaguru, AVP, Engineering Excellence Group, HCL Technologies.

“As a worldwide leader in developing innovative products and solutions for its customers, HCL recognized the need for, and value of, implementing industry’s best change management software,” said Munindra Kumar Bharatee, Managing Director for Serena Software in India. “Serena bridges the gap between the developer’s vision and management’s perspective to provide visibility across the organization.”

PVCS Professional is one of the most widely adopted solutions in the software configuration management (SCM) industry. PVCS is a comprehensive suite that delivers version, defect, build and issue management, and helps customers reduce development errors, establish repeatable builds and predictable development schedules, and deliver solutions to market faster.

Dimensions RM ensures that project teams effectively collect and refine project requirements by allowing enterprises to effectively manage change in requirements during the project lifecycle.

TeamTrack is a process management application that provides visibility into and repeatability across, all operational processes. Unlike other process management applications that are difficult for end users to adopt and are limited to specific IT functions, TeamTrack provides a simple web interface that controls processes across any set of operational changes.

About Serena Software, Inc.

Serena Software, Inc. provides services to make Enterprises and the business people within them more productive. More than 15,000 organizations around the world, including 96 of the Fortune 100, rely on Serena solutions delivered either on premise or on demand, to provide visibility and efficiency to the application development process. The company provides software services such as Serena Mariner (Project Portfolio Management), Serena Business Mashups, and Serena® Dimensions® (Change & Requirements Management), and will be providing Agile Lifecycle Management tools in the near future. Serena is headquartered in Redwood City, California, and has offices throughout the U.S., Europe, and Asia Pacific. For more information on Serena solutions and services, visit www.serena.com.

Bangalore, July 23rd, 2008 — Serena Software announces the latest version of its enterprise-ready software solution for managing and tracking requirements through a project’s lifecycle, Serena® Dimensions® RM 10.1.4. The new version further streamlines requirements definition activities that many business analysts and project managers find tedious and cumbersome, yet are critical for application development teams.

Serena (Dimensions), named to the Leaders Quadrant by Gartner, Inc. (Magic Quadrant for Software Change and Configuration Management for Distributed Platforms, 2008 by Jim Duggan and Daniel Stang, January 23, 2008), helps corporations keep product development on track and deliver new software solutions that are timely and within the original project scope. With Dimensions RM, development teams can gather requirements at the beginning of planning, track their integration into products and manage them throughout the application development lifecycle.

“Serena has an ongoing commitment to continue to upgrade and update our product offerings, and deliver the most visionary and leading products in requirements management,” said Carl Theobald, Senior Vice President, Products for Serena.

According to Gartner's report, “Gartner estimates that market revenue growth for SCCM occurred at an average of 10% to 13% annually during the past several years. The escalation of needs to achieve faster, along with more successful deployment of changes to software, make it likely that this sector will continue to grow at a rate of 10% annually during the next five years.” (Magic Quadrant for Software Change and Configuration Management for Distributed Platforms, 2008 by Jim Duggan and Daniel Stang, January 23, 2008)

What’s New in Dimensions 10.1.4:

Requirement Templates: improved re-use of requirements
Publishing Templates: publish requirements using custom layouts
Category Management: improved handling for enterprise solutions
Attribute Descriptions: provides guidance and process support when defining requirements
Data Masking Tool: allows Serena Support to investigate issues while protecting data privacy
URL to Requirement: access requirements from everywhere by only activating a direct link
Web Services Integration to Dimensions CM: latest technology avoiding data redundancy and ready for business mashups

Dimensions RM 10.1.4 can be downloaded from its page on the Serena Support site at http://www.serena.com/pages/downloads/index.html.

The Gartner Magic Quadrant is copyrighted January 23, 2008 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 Serena Software

Serena is a privately owned company, headquartered in Redwood City, California, with 29 offices in 14 countries and almost 1000 employees. Serena provides software on premise and on demand to over 15,000 customers including 96 of the Fortune 100. Serena enables teams of programmers to become more efficient by standardizing and automating development processes across both mainframe and distributed environments. Serena enables IT business analysts and power users to improve productivity with a new generation of Web 2.0 tools to build Business Mashups. Business Mashups automate common everyday, processes, are visual and do not require coding. Serena also enables IT executives to gain visibility into their projects, resources and costs – CIO’s should have access to the same quality of information about IT as the CFO has about Finance. For more information on Serena, visit www.serena.com.