European Tech Tour Association Names Alfabet One of the Top 25 Most Promising Technology Companies in Germany

European Tech Tour Association Names alfabet One of the
Top 25 Most Promising Technology Companies in Germany

CAMBRIDGE, Mass. — June 25, 2008 — alfabet Inc., the leading software provider in strategic IT planning and management, today announced that The European Tech Tour Association, an independent, non-profit organization, has named it one of the top 25 most promising technology companies in Germany.

Of 200 companies that applied for this honor, only 25 of the best were selected based on the following criteria: unique and innovative technology, solid business model, vision, strong market potential and a highly qualified management team to bring the company forward. Previous tech tours have attracted participation from high-calibre companies down through the years such as SAP, Siemens, Nokia, Intel and Swisscom.
alfabet is the provider of planningIT, which enables companies to strategically plan and manage their IT to realize business goals.

planningIT comprises a logical IT inventory that provides transparency into an organization and focused processes that enable collaborative IT planning between all affected IT, business and finance stakeholders.
“We are honored to be selected as one of the top 25 most promising high-tech companies by The European Tech Tour association,” said Erik Masing, CEO and president of alfabet, “especially based upon the significant criteria and quality of contenders evaluated. The recognition validates our innovative approach and outlook for continued success especially in rapidly growing international markets.

Companies considered by the European Tech Tour Association in 2008 represented a broad technology spectrum, including internet security, ‘clean tech’, wireless technology, Web 2.0 applications, medical devices and nanotech.

About alfabet (www.alfabet.com)
alfabet enables companies to see, analyze, control and align IT initiatives with business priorities continuously. Its planningIT® software is unique in tightly coupling business priorities and IT returns with current and future initiatives. Competitive point solutions offer modeling or repository functions with a static view of priorities, architecture and infrastructure. alfabet provides a holistic, integrated and collaborative approach that offers continuous transparency into how IT and business information, processes and roles are changing and need to be managed over time.

The company serves a global user community of over 20,000 IT professionals in more than 40 countries in a variety of industries, including automotive, financial services, telecommunications, logistics, high-tech and others. Its customers include international corporations such as AMB Generali, Coca-Cola, BP, Daimler, Deloitte, Porsche and T-Systems. Founded in 1997, alfabet is based in Berlin with U.S. headquarters in Cambridge, Mass.

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For Additional Information
Contact:
Elyse Familant
GCC, Inc.
978-725-3637
ElyseF@gccpr.com