Actuate Named Key SaaS Player in Montclair Advisors’ 2012 SaaS Top 250 Report

SAN MATEO, Calif.--(BUSINESS WIRE)--Actuate Corporation (NASDAQ: BIRT), The BIRT Company™ – delivering more insights to more people than all BI companies combined – today announced it has been recognized as a member of the 2012 Global SaaS Top 250 company listing by Montclair Advisors.

“Montclair Advisors congratulates Actuate for its remarkable SaaS achievements.”

“Actuate, like all 2012 SaaS 250 companies, has excelled in developing innovative cloud based products to meet evolving business needs,” said Kevin Dobbs, Managing Partner at Montclair Advisors. "Montclair Advisors congratulates Actuate for its remarkable SaaS achievements.”

Actuate makes enterprise level Business Intelligence (BI) available for everyone through BIRT onDemand, a robust Platform as a Service (PaaS) offering based upon ActuateOne. Using BIRT onDemand, organizations can incrementally add new BI capabilities quickly and transparently to meet end user demand. Underpinned by BIRT iHub, organizations can access data in any format—including Big Data—and provide users with unprecedented access to this data on demand.

“As an organization, we strive to provide our customers with a flexible environment to build, deploy, and access their data—wherever they are,” said Nobby Akiha, SVP of Marketing at Actuate. “BIRT onDemand offers a turnkey, fully managed, scalable and customizable Cloud BI solution, so end-users can invest their time and money into delivering business insights rather than managing their IT environment.”

The SaaS Top 250 debuted in 2010 providing a comprehensive view of the leading companies that make up the dynamic Cloud-based software market. The selected companies are comprised of start-ups, as well as notable public SaaS firms who are leading the pure and hybrid SaaS categories globally.

About Montclair Advisors

Montclair Advisors provides personalized Software-as-a-Service advisory services designed to help SaaS-based and non-SaaS-based software companies optimize their business models, improve revenues, control costs and deliver world-class software. Montclair develops the leading report on the top 250 SaaS companies globally and provides strategic analysis trusted by industry leaders. Located in Oakland, California, the Montclair team offers critical insights and SaaS-related solutions addressing products, revenues and strategy. The results allow software companies to improve competitiveness, revenue performance and profitability. Visit montclairadvisors.com for more information.

Actuate – The BIRT Company^™

Actuate founded and co-leads the BIRT open source project, which is used by more than 2 million developers around the globe and serves as the foundation of the ActuateOne^® platform. Applications built on ActuateOne deliver more business and consumer insights to more people than all BI companies combined - ensuring organizations are ready for the exponential growth of Big Data and the proliferation of touch devices.

The ActuateOne platform empowers developers to rapidly develop custom, BIRT-based business analytics and customer communications applications. ActuateOne applications built with one BIRT design can access and integrate any data, including unstructured sources. They provide one user experience regardless of skill level and are supported by one platform for any cloud, hybrid, on-premise, web or touch device deployment.

Headquartered in Silicon Valley, Actuate has over 5,000 customers globally in a diverse range of business areas including financial services, technology and the public sector. Actuate is listed on NASDAQ under the symbol BIRT. For more information, visit www.actuate.com or engage with the BIRT community at www.birt-exchange.com.

Copyright © 2013 Actuate Corporation. All rights reserved. Actuate, ActuateOne, and the Actuate logo are registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. The use of the word “partner” or “partnership” does not imply a legal partnership relationship between Actuate and any other company. All other brands, names or trademarks mentioned may be trademarks of their respective owners.