More than 80,000 production deployments worldwide make Jaspersoft the most widely used business intelligence software; New Community Vibrancy Index™ drives active community stewardship

SAN FRANCISCO, MARCH 18, 2008 - Jaspersoft Corporation, the market leader in open source business intelligence (BI), today announced major company milestones that demonstrate its position as the world’s most widely-deployed business intelligence software suite. The company reports more than 80,000 deployments worldwide and boasts the largest open source BI community with more than 65,000 registered developers cooperating on more than 300 Jasper-related projects.   

                                                                   
Working with its partners, Jaspersoft has extended its reach into key segments of the open source and SaaS markets through distribution and technology partnerships with companies such as Ingres, MySQL, salesforce.com and Sun Microsystems.  The company’s success has been enabled by rapid, innovative enhancements to the product family, which have been recognized by the industry with several major awards in the past year.

“No other business intelligence solution is used by as many organizations or is embedded in as many applications as the Jaspersoft Business Intelligence Suite,” said Brian Gentile, chief executive officer of Jaspersoft. “And, we see adoption of Jaspersoft products growing at an expanding rate, which we credit to the innovation of the open source community and to an increasing demand for choice and flexibility in the rapidly consolidating BI industry.”

Commercial Success

Jaspersoft reports more than 2,500 new customers in its recently concluded fiscal year, bringing its total to more than 8,000 customers in 96 countries around the world.  Subscriptions to the Professional Edition of the Jaspersoft Business Intelligence Suite grew 227 percent in the same period and included customers such as Cincom, Ingres, Glovia Services (a Fujitsu company), SunGard, and Vericept Corporation. Recognizing the emergence of Jaspersoft as the standard in open source BI, Apress published two books in its Definitive Guides series, the Definitive Guide to JasperReports and the Definitive Guide to iReport, the first two independent technical publications to cover the open source business intelligence sector.

"The Jaspersoft Business Intelligence Suite enabled Ingres to take advantage of the flexibility and fit of the best-of-breed SaaS enterprise applications we have deployed for Financials and Sales Automation, along with the power of on premise advanced reporting and analytics," said Doug Harr, CIO of Ingres. "Ingres needed a way to centralize all of the corporate data and reach into it with powerful and customizable reporting tools. Jaspersoft helped the Ingres team put an end to the task of sifting through spreadsheets to deliver critical data to key line of business managers in sales and marketing."

Community Growth and Leadership

Jaspersoft today is also announcing it will make available its Community Vibrancy Index (CVI). The Index provides a definitive methodology for tracking the health of the Jaspersoft community and serves as a dashboard for ensuring the company is being a responsible and active steward for the largest BI community in the world.  After an initial period of testing, Jaspersoft will make the CVI available under a Creative Commons license to accompany a new version of its community web site, Jasperforge.org, in the spring.

The CVI is a response to Jaspersoft’s explosive community growth, which has seen a 300 percent increase in new registrations in the past year and has currently recorded more than 3,000,000 downloads. Jasperforge.org saw 158 independent new projects started during the year, representing 120 percent growth and bringing the projects to more than 300. Several community projects and contributions have been incorporated into the company’s latest release of the Jaspersoft Business Intelligence Suite Community Edition, which was also announced today: http://www.Jaspersoft.com/nw_press.html

Robust Partner Ecosystem

With more than 40 companies among its partners, including Ingres, MySQL, Red Hat, salesforce.com, Sun Microsystems, and Unisys, Jaspersoft plays a critical role in delivering BI solutions to business customers in a variety of environments and is committed to timely new product releases that meet specific customer requirements.

Custom packages such as Jasper4Oracle E-Business Suite, Jasper4SalesForce.com and Jasper4Sugar also demonstrate the flexibility of open source software and Jaspersoft’s unique ability to address the needs of CRM and SaaS customers.  The success of the Jasper4 Solutions program is also contributing to Jaspersoft’s leadership in the BI market, where Jaspersoft is the most common third-party download on Sugarforge.org and the most installed BI product on the Salesforce.com AppExchange.

Product Innovation

With its Agile Engineering Process and with significant contributions from the Jaspersoft community, Jaspersoft logged more than 30 product releases over the last 12 months. This includes the launch of Jaspersoft BI Suite releases 2.0 and 2.1 and JasperETL. In the process, Jaspersoft won numerous industry awards including the Duke’s Choice Award for best open source Java product, the Ventana Technology leadership award for business intelligence, and the Jolt productivity award.  Jaspersoft’s modular, componentized J2EE architecture particularly enables integration into operational BI solutions, which is a key driver in the increasing demand for business intelligence worldwide.

"The need for pervasive business intelligence capabilities that are seamlessly integrated into business applications and processes is driving this next wave of BI adoption," said Claudia Imhoff, President and Founder, Intelligent Solutions, “and modern development and deployment methodologies such as SaaS and Open Source are enabling companies like Jaspersoft to rapidly establish a significant presence in this new era of business intelligence.”

To learn more about Jaspersoft’s award-winning products and services, please visit http://www.Jaspersoft.com/Jaspersoft_BI_Suite.html

About Jaspersoft Corporation
Jaspersoft is the market leader in open source business intelligence (BI) and the most widely deployed BI product in the world. With more than 3 million downloads worldwide and more than 8,000 commercial customers in 96 countries, Jaspersoft offers the most widely used open source business intelligence software in the world. The Jaspersoft Business Intelligence Suite is comprised of an interactive reporting server, graphical and ad hoc report design interfaces, OLAP analysis, an ETL tool for data integration, and a Java reporting library for use with either stand-alone or embedded business intelligence applications. Jaspersoft is based in San Francisco and is backed by leading venture capital firms Morgenthaler Ventures, DCM, Partech International, Scale Venture Partners, and SAP Ventures. More information is available at www.Jaspersoft.com and www.jasperforge.org.

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