Actuate Corporation (NASDAQ: BIRT), The people behind BIRT® and the leading open source Business Intelligence (BI) vendor, today announced that ReportSoft, an Actuate partner in Belgium, Denmark, Luxemburg, the Netherlands, Norway and Sweden, has been named a finalist in this year's prestigious IT Europa European Software Excellence Awards. Its successful nomination is based on a major business intelligence deployment at DNB Finans, a division of Norway's largest financial services group.

The IT Europa European Software Excellence Awards, now in its fourth year, is the premier event in the European calendar. It recognises the excellence of solutions provided by the European software community. ReportSoft is a finalist in the Information Management: Business Intelligence category, which looks for exceptional applications deployed for customers by independent software vendors (ISVs). The European Software Excellence Awards are the only pan-European awards to recognise real-world software solutions as well as channel partnerships.

ReportSoft's business intelligence (BI) solution for DNB Finans caters for 30,000 leased car customers. It includes individual dashboards for all users, and controls for fraud detection and easy administration of the car fleets. The ability to provide real-time statistics to help customers keep tabs on car-related costs gives DNB Finans a new differentiator in a highly competitive market. The solution was built with high-performing reporting server technology from Actuate, based on the Open Source BIRT development environment and Actuate's commercial BIRT 360 dashboard.

Commenting on the announcement, David Armstrong, Vice President of OEM and SaaS Business Actuate, said, "We are thrilled that ReportSoft have been recognised in this way, and hope they go on to win the award which would be well deserved. ReportSoft is a dedicated Actuate partner whose knowledge of our technology and specific products runs deep, so it comes as no surprise to learn that this ambitious project with a prestigious customer such as DNB Finans has impressed the judges."

Learning the news, Bent Agervold Jensen, CEO of ReportSoft, added, "We are delighted and honoured to be a finalist in these important awards, and would not be in this position if it wasn't for the superior power, flexibility and simplicity of the Actuate BI and reporting technology suite."

The winners will be named at a gala awards dinner on March 1st at The Grand Hyatt, Berlin. For more information, visit http://www.iteawards-software.com/.

Actuate - The people behind BIRT

Actuate founded and co-leads the Eclipse BIRT open source project. ActuateOne? is a unified suite of products for rapidly developing and deploying BIRT-based custom Business Intelligence applications and information applications. Applications built with ActuateOne provide one user experience regardless of task or skill level; are supported by one server for any deployment including cloud and are built with one BIRT design that can access and integrate any data source - including high volume print streams. ActuateOne adds rich data visualizations, including interactivity, dashboards, analytics, scorecards and deployment options to web and mobile BIRT applications, helping organizations drive revenue through higher customer satisfaction and improved operational performance.

Actuate has over 5,000 customers globally in a diverse range of business areas including financial services and the public sector. Founded in 1993, Actuate is headquartered in San Mateo, California, with offices worldwide. Actuate is listed on NASDAQ under the symbol BIRT. For more information, visit the company's web site at www.actuate.com or visit the BIRT community at www.birt-exchange.com.

Copyright © 2012 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.

Sarum PR
PR for Actuate UK
Carina Birt, +44 1722 411150
carina@sarumpr.com